FLG-P-A: FLAGSTAR BANK, NATIONAL ASSOCIATION 6.375% Series A Preferred Stock
FLAGSTAR BANK, NATIONAL ASSOCIATION's FLG-P-A is an exchange-traded preferred stock in the Savings Institutions, Not Federally Chartered sector.
At a recent price of $23.95, FLG-P-A yields 6.65% on its $25 liquidation preference and 6.375% coupon.
It trades at a discount of 4.2% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2027-03-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.