Flagstar Bank, National Association: Pay

Flagstar Bank, National Association paid its 5 named executives $16.7M in total in FY2025 (Dec). CEO Joseph M. Otting was paid $7.7M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Joseph M. OttingExecutive Chairman, President and CEO
FY2025 (Dec)
FY2024 (Dec)
2 years
Bao NguyenSenior EVP/General Counsel and Chief of Staff
FY2025 (Dec)
FY2024 (Dec)
2 years
Kris GagnonSenior EVP/ Chief Credit Officer
FY2025 (Dec)
1 year
George BuchananSenior EVP/Chief Risk Officer
FY2025 (Dec)
1 year
Lee. M. SmithSenior EVP/ Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 4 peers with pay on file was $10.6M. The CEO of Flagstar Bank, National Association was paid $7.7M, 28% below the median.

  1. 1Fifth Third Bancorp
  2. 2Western Alliance Bancorporation
  3. 3First Horizon
  4. 4Flagstar Bank, National Association
  5. 5Valley National Bancorp
  6. 6Citizens Financial Group, Inc.Not disclosed
  7. 7Comerica Inc.Not disclosed
  8. 8First Citizens BancShares, Inc.Not disclosed
  9. 9Huntington Bancshares IncorporatedNot disclosed
  10. 10KeyCorpNot disclosed
  11. 11M&T Bank CorporationNot disclosed
  12. 12Regions FinancialNot disclosed
  13. 13Synovus Financial Corp.Not disclosed
  14. 14Webster Financial CorporationNot disclosed
  15. 15Zions BancorporationNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.