Flagstar Financial, Inc., the parent company of Flagstar Bank, N.A., has been downgraded to neutral by UBS.

Flagstar Bank operates over 400 branches across the United States, with a strong presence in the Northeast and Midwest, as well as in high-growth markets in the Southeast and on the West Coast.

In addition to its extensive branch network, Flagstar Bank has private banking teams located in multiple cities within the New York City metropolitan area and on the West Coast. These teams are dedicated to serving the financial needs of high net worth individuals and their businesses, highlighting the bank's commitment to affluent clients.