FLAGSTAR BANK, NATIONAL ASSOCIATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-177.0M | $-1.12B | $-79.0M | $650.0M | $596.0M | $511.0M | $395.0M | $422.4M |
| Depreciation & Amortization | $148.0M | $184.0M | $165.0M | $18.0M | $21.0M | $24.0M | $27.0M | $32.3M |
| Depreciation | $41.0M | $48.0M | $39.0M | $18.0M | $21.0M | — | — | — |
| Amortization | $107.0M | $136.0M | $126.0M | $5.0M | $0 | — | — | — |
| Stock-Based Compensation | $61.0M | $54.0M | $47.0M | $29.0M | $31.0M | $29.0M | $32.0M | $36.3M |
| Net Cash from Operating Activities | $-181.0M | $86.0M | $263.0M | $1.03B | $290.0M | $334.0M | $510.0M | $540.4M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | $9.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $2.69B | $15.45B | $20.67B | $-6.32B | $-2.76B | $-1.03B | $-2.06B | $-4.02B |
| Financing Activities | ||||||||
| Dividends Paid | $15.0M | $53.0M | $486.0M | $317.0M | $316.0M | $316.0M | $317.0M | $333.1M |
| Stock Repurchases | — | $0 | $0 | $7.0M | $0 | $50.0M | $67.0M | $160.8M |
| Net Cash from Financing Activities | $-12.09B | $-11.59B | $-11.41B | $5.17B | $2.74B | $1.90B | $816.0M | $2.43B |
| Net Change in Cash | $-9.58B | $3.95B | $9.53B | $-129.0M | $263.0M | — | — | $-1.05B |
| Free Cash Flow | — | — | — | — | — | — | — | $530.5M |