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FLG-P-A

FLAGSTAR BANK, NATIONAL ASSOCIATION · Series A · Savings Institutions, Not Federally Chartered
Also quoted as: FLG-A, FLGprA, FLG.PRA, FLG-PA, FLGpA
$22.77
last price

About this security

FLG-P-A is a 6.375% non-cumulative perpetual preferred stock issued by FLAGSTAR BANK, NATIONAL ASSOCIATION, a Savings Institutions, Not Federally Chartered issuer. $25 liquidation preference, current yield 7.00%, callable from 2027-03-17.

FLAGSTAR BANK, NATIONAL ASSOCIATION: Flagstar Bank, National Association is a federally chartered national bank headquartered in Hicksville, New York, operating across retail and commercial banking. As of December 31, 2025, the Bank held $87.5 billion in assets, $61.0 billion in loans, $66.0 billion in deposits, and $8.1 billion in total stockholders' equity. The Bank went public in 1993 and has grown both organically and through a series of acquisitions. Effective October 17, 2025, Flagstar Bank became the successor reporting company to its former holding company, Flagstar Financial, Inc., following an internal reorganization that eliminated the holding company structure and merged Flagstar Financial into the Bank. ↗

Issuer page — all FLAGSTAR BANK, NATIONAL ASSOCIATION securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 05:27:50 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
7.00%
Annual Dividend
$1.5938
Recent Market Price
$22.77
as of 2026-06-16
Disc/Prem to Par (→ screen)
-8.92% (−$2.23)
Recent Ex-Date
2026-06-05
Pay Frequency
quarterly
Cumulative
No
Original Coupon
6.375%
Call Date
2027-03-17
Yield to Call
19.16%
Yield to Worst
7.00%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Shares Offered (original)
10,125,000
Issued
2017-03-17
Series
A
Alt. Symbology
FLG-A, FLGprA, FLG.PRA, FLG-PA, FLGpA

vs. Savings Institutions, Not Federally Chartered category (2 issues): yield 7.00% vs avg 7.16% · discount -8.9% vs avg -13.5%

Quote

 FLG-P-A (preferred)FLG (common)
Last $22.77 $14.94
Change — —
Open$22.74$14.60
High / Low $22.77 / $22.64 $14.97 / $14.58
Prev Close——
Volume19,9125,220,517
52-Week High / Low $23.50 / $20.05 $14.97 / $10.38

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● FLG-P-A ● FLG (common)

Dividend History

Ex-DateAmount / Share
2026-06-05$0.398400
2026-03-06$0.398400
2025-12-05$0.398400
2025-09-05$0.398400
2025-06-06$0.398400
2025-03-07$0.398400
2024-12-06$0.398400
2024-09-06$0.398400
2024-06-07$0.398400
2024-03-06$0.398400
2023-12-06$0.398400
2023-09-06$0.398400

Performance — $10K Calculator

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Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

Other Securities from FLAGSTAR BANK, NATIONAL ASSOCIATION

SymbolTypeCouponPriceYield
FLG-P-U baby bond 6.000% 41.00 7.32%

News — FLAGSTAR BANK, NATIONAL ASSOCIATION

Issuer news via Tiingo, tagged to FLG.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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