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FLG (Flagstar Financial) Interest Expense : $-3,801 Mil (TTM As of Dec. 2024)


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What is Flagstar Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flagstar Financial's interest expense for the three months ended in Dec. 2024 was $ -897 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-3,801 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Flagstar Financial's Operating Income for the three months ended in Dec. 2024 was $ Mil. Flagstar Financial's Interest Expense for the three months ended in Dec. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Flagstar Financial Interest Expense Historical Data

The historical data trend for Flagstar Financial's Interest Expense 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.

* Premium members only.

Flagstar Financial Interest Expense Chart

Flagstar Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -608.00 -400.00 -696.00 -2,414.00 -3,801.00

Flagstar Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense 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 -707.00 -889.00 -991.00 -1,024.00 -897.00

Flagstar Financial Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,801 Mil.

* 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.


Flagstar Financial Business Description

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