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FLG (Flagstar Financial) Effective Interest Rate on Debt % : 21.09% (As of Mar. 2025)


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What is Flagstar Financial Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Flagstar Financial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $3,016 Mil. Flagstar Financial's average total debt for the quarter that ended in Mar. 2025 was $14,302 Mil. Therefore, Flagstar Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 21.09%.


Flagstar Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for Flagstar Financial's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Flagstar Financial Effective Interest Rate on Debt % Chart

Flagstar Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 2.55 3.75 11.33 21.30

Flagstar Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.45 14.81 16.70 20.68 21.09

Competitive Comparison of Flagstar Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Flagstar Financial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flagstar Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Flagstar Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Flagstar Financial's Effective Interest Rate on Debt % falls into.


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Flagstar Financial Effective Interest Rate on Debt % Calculation

Flagstar Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -3801/( (21267+14426)/ 2 )
=-1  *  -3801/17846.5
=21.30 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10676 + 3750
=14426

Flagstar Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -3016/( (14426+14178)/ 2 )
=-1  *  -3016/14302
=21.09 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10676 + 3750
=14426

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10678 + 3500
=14178

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Flagstar Financial  (NYSE:FLG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Flagstar Financial Effective Interest Rate on Debt % Related Terms

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Flagstar Financial Business Description

Industry
Traded in Other Exchanges
Address
102 Duffy Avenue, Hicksville, Hicksville, NY, USA, 11801
Flagstar Financial Inc operates over 400 branches, including a presence in the Northeast and Midwest and locations in high-growth markets in the Southeast and West Coast. In addition, the Bank has approximately 90 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high net-worth individuals and their businesses.
Executives
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Lee Matthew Smith officer: SEVP & President of Mortgage C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Julie Signorille officer: SEVP & COO 102 DUFFY AVENUE, HICKSVILLE NY 11801
Thomas R Cangemi officer: Senior Executive VP C/O NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Reginald E Davis officer: Sr EVP & President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Eric Howell officer: SEVP/Pres Comm & Private Bking 102 DUFFY AVENUE, HICKSVILLE NY 11801
Nicholas Christopher Munson officer: EVP & Chief Risk Officer C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Bryan Marx officer: EVP & Princ Accounting Officer 5151 CORPORATE DRIVE, TROY MI 48098
John Thomas Adams officer: SEVP Dir. Multi-Family Lending C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801
Ronald A. Rosenfeld director NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801
Alessandro Dinello director, other: Non-Executive Chairman 5300 DEER RIDGE ROAD, JACKSON MI 49201
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098