Flagstar Bank, N.a. · NYSE:FLG
Flagstar Bank, N.a — New York Community Bancorp — Investor Presentation (February 2024)
9 slides from Flagstar Bank, N.a's investor presentation, Feb 15, 2024
Slide 1: February – March 2024 Investor Presentation
February – March 2024 Investor Presentation
Slide 2: Cautionary Statements Regarding Forward-Looking Information
Cautionary Statements Cautionary Statements Regarding Forward-Looking Information This presentation may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, intentions, and expectations regarding revenues, earnings, loan production, a
Slide 3: Key Messages
Key Messages Demonstrated capability to transform the company, build out risk management function with top-tier talent, and reduce earnings volatility Proactive management of credit portfolio driven by disciplined client selection and underwriting that is aligned with our risk appetite Operating fro
Slide 4: Stock Performance During CEO Tenure and Loans HFI Composition
Loans HFI Composition Stock Performance During CEO Tenure: +232%(1) (More Than Double the KRE(1)) The Original Flagstar Story: Prior to the Sale to NYCB $14.01 $46.54 $0 $10 $20 $30 $40 $50 $60 2013 2014 2015 2016 2017 2018 2019 2020 2021 May ’13: Sandro Became CEO Mar ’14: Flagstar Sells $278M Resi
Slide 5: NYCB Flagstar Today: Key Franchise Summary Stats
Multifamily 44% 1-4 Family 7% C&I 24% Warehouse 6% CRE 12% AD&C 3% Other 3% NYCB Flagstar Today Key Franchise Summary Stats We are a Top 20 bank in the U.S. with a focus on commercial banking and a private banking network Assets: $116 billion Branches: 420 Headquarters: Hicksville, NY Commun
Slide 6: Our Facts
Our Facts We cut our dividend to $0.20 per share per annum for now to build capital faster We have a strong retail franchise with reliable deposits We have a significant amount of insured deposits We have meaningful liquidity and will continue to build upon this foundation We have been upg
Slide 7: Diversified and Retail-Concentrated Deposit Base with Significant Insured Deposits
Diversified and Retail-Concentrated Deposit Base with Significant Insured Deposits Insured Deposits(2)Deposits by Segment(1) (1) Composition data as of 12/31/23. (2) As of 2/5/24. Well Diversified Deposit Base Insured and Collateralized Deposits Represent 72% of Total Deposits(2) Insured 72% Uninsur
Slide 8: Strong Liquidity Position
Strong Liquidity Position Liquidity Position 2/5/2024 Balance ($B) Cash $17.0 Lendable Value of Securities $6.1 FHLB & FED Discount Window $14.2 Total Liquidity $37.3 Uninsured Deposits 2/5/2024 Balance ($B) Total Uninsured Deposits $27.0 Less: Collateralized Deposits ($3.6) Less: Internal Accounts
Slide 9: Where We Are Going | 2024 Strategic Initiatives
Where We Are Going | 2024 Strategic Initiatives 6 Increase Capital Position1 Enhance Focus on Credit Risk Management3 Proactive Management of Liquidity Profile2 Improve Regulatory and Compliance Focus5 Continue to Strengthen Management Team These Strategic Initiatives Are Expected to Support Long Te
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