Risk factors

Flagstar Bank added new risk disclosures addressing political volatility, CFPB enforcement actions, and execution of its enterprise strategic plan.

The company added numerous risk factors covering quantitative modeling, regulatory compliance, emerging financial technologies, and agricultural disease outbreaks. Regional reliance on agriculture and exposure to the poultry industry in Indiana and Ohio remain prominent. Regulatory scrutiny regarding fee practices, consumer compliance, and debanking has expanded significantly.

Crop-protection regulation, competition, patent expirations and seasonal demand dominate the commercial risks.

Shift4 expanded its risk profile around Global Blue integration and tax-free shopping exposures. Debt increased to $4,589 million with new notes and term loans. The company simplified its Up-C structure and retired certain TRA liabilities while Jared Isaacman stepped down as CEO.

Fox Factory faces heightened geopolitical risks in Taiwan and China alongside rising U.S. tariffs on steel and aluminum.

Added risks cover inflation, California corporate takeover defenses, consumer privacy, artificial intelligence adoption, and tax law changes. Deposit concentration metrics shifted with 53 depositors holding $2.0 billion.

FTAI added cybersecurity regulations and partnership execution risks while updating its 2025 Incentive Plan and Internalization transition details.

Merger-related risks now dominate, covering integration costs, execution, retention, expanded operations and failure to close.

Asset growth toward the $10 billion threshold brings new CFPB regulatory oversight.

The company removed the specific mention of its May 19, 2023 acquisition of Indoff from risk 3.

Global Partners updated climate regulations following the EPA February 2026 rule rescinding the 2009 Endangerment Finding. Cybersecurity disclosures now incorporate U.S. Coast Guard rules under the Marine Transportation Security Act. AI vendor risk disclosures expanded to cover intellectual property infringement and bias.

Long-term care reserves depend on decades of claims, persistency and successful premium-rate actions in the Closed Block.