Flagstar Bank, N.a. · NYSE:FLG
Flagstar Bank, N.a — New York Community Bancorp — Investor Presentation (March 2024)
9 slides from Flagstar Bank, N.a's investor presentation, Mar 7, 2024
Slide 1: Investor Presentation March 7, 2024
Exhibit 99.1 Investor Presentation March 7, 2024
Slide 2: Cautionary Statements
Cautionary Statements 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 the timeframe in which the Company expects to file its 2023 Form 10-K
Slide 3: Key Messages
Key Messages NYCB Announces Over $1 Billion Equity Investment Anchored by Former U.S. Treasury Secretary 1 Steven Mnuchin’s Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Former Secretary Steven Mnuchin, Joseph Otting, Milton Berlinski and Allen Puwalski to Join 2 NYCB Board of
Slide 4: Transaction Summary
Transaction Summary Issuer New York Community Bancorp, Inc. Deal Size $1.05 Billion Common Issue Price $2.00 per share Strike Price Premium: 25% Warrants Coverage: 60% Term: 7 years Common Stock: 59,750,000 common shares (1) Securities Issued Series B Convertible Non-Voting Preferred Stock: 192,062
Slide 5: NYCB Flagstar Today
NYCB Flagstar Today Key Franchise Summary Stats Branch Map (1) ◼ We are a Top 20 bank in the U.S. with a focus on commercial banking and a private banking network ◼ Assets: $114 Billion MI NY CT WI ◼ Branches: 420 ◼ Headquarters: Hicksville, NY NV NJ OH IN CA AZ NC Community Banking ◼ Flagstar Bank,
Slide 6: Loan Portfolio Overview
Loan Portfolio Overview Loan Composition (Q4’23) Key Loan Highlights Other ◼ C&I is well diversified, includes Equipment Finance, Dealer Finance, AD&C 3% Warehouse, and others, with a minimal loss history 3% ◼ Multi-family loan portfolio primarily non-luxury, rent-regulated buildings in New York Cit
Slide 7: Diversified and Retail-Concentrated Deposit Base with Significant Insured Deposits
Diversified and Retail-Concentrated Deposit Base with Significant Insured Deposits (1) (2) Well Diversified Deposit Base 80% Insured and Collateralized Deposits Premier Banking; 4% Uninsured Online Banking; 7% 20% Custodial; 9% Priv. Client Comm. Banking; 1% Group 28% Other; 1% Retail Wholesale; 16%
Slide 8: Capital Ratio Implications of a $1.05 Billion Equity Raise + ACL Sensitivities
Capital Ratio Implications of a $1.05 Billion Equity Raise + ACL Sensitivities Current Capital Ratios + $1.05 Billion Equity Raise $500 Million ACL Increase; Total ACL 1.76% Capital Ratios Current (Q4'23) PF for Equity Raise PF for Equity Raise + ACL Increase 9.8% CET1 Capital Ratio 9.1% 10.3% 10.4%
Slide 9: Where We Are Going | 2024 Strategic Initiatives
Where We Are Going | 2024 Strategic Initiatives Continue to Build Capital Position 1 Proactive Management of Liquidity Profile 2 Enhance Focus on Credit Risk Management 3 Continue to Reduce CRE Concentrations 4 Build Upon Regulatory and Compliance Focus 5 Continue to Strengthen Management Team 6 The
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