North Reef Expands Bank Stock Holdings Across Firms
North Reef Capital Management LP expanded its bank-stock portfolio in the first quarter by purchasing new stakes in Central Bancompany, Ameris Bancorp, Raymond James Financial, Banc of California, and Flagstar Bank, adding hundreds of thousands to millions of shares across the positions. Its holdings rank CBC around 9th, Ameris around 3rd, Banc of California around 25th, Raymond James around 28th, and Flagstar around 18th in its portfolio, with Flagstar also announcing a $250 million share repurchase program.
Finance · 26 sources · Jul 26, 2026Read itThe journal
Open the journal →The conversation starts in the journal — be the first to post.
About Flagstar Bank
Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financial changed its name to Flagstar Bank, N.A.
Everything about Flagstar Bank →- Country
- United States
- Headquarters
- Troy, Flushing, Hicksville
- Inception
- 1993, January 1, 1859
- Website
- http://www.flagstar.com/, https://www.flagstar.com/