KPIs & Operating Metrics(New)

Flagstar Bank, National Association (FLG) Rent Expense (2016 - 2023)

Flagstar Bank, National Association's Rent Expense history spans 15 years, with the latest figure at $58.0 million for Q4 2023.

  • For Q4 2023, Rent Expense rose 132.0% year-over-year to $58.0 million; the TTM value through Dec 2023 reached $200.0 million, up 117.39%, while the annual FY2025 figure was $202.0 million, 4.27% down from the prior year.
  • Rent Expense reached $58.0 million in Q4 2023 per FLG's latest filing, up from $55.0 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $58.0 million in Q4 2023 to a low of $17.9 million in Q1 2020.
  • Average Rent Expense over 5 years is $27.7 million, with a median of $22.7 million recorded in 2019.
  • Peak YoY movement for Rent Expense: dropped 22.15% in 2020, then skyrocketed 150.0% in 2023.
  • A 5-year view of Rent Expense shows it stood at $22.4 million in 2019, then increased by 2.67% to $23.0 million in 2020, then changed by 0.0% to $23.0 million in 2021, then rose by 8.7% to $25.0 million in 2022, then surged by 132.0% to $58.0 million in 2023.
  • Per Business Quant, the three most recent readings for FLG's Rent Expense are $58.0 million (Q4 2023), $55.0 million (Q3 2023), and $50.0 million (Q2 2023).