Flagstar Bank, National Association (NYSE:FLG) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Flagstar Bank, National Association (NYSE:FLG) posted its quarterly earnings data on Friday. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01), FiscalAI reports. Flagstar Bank, National Association had a negative net margin of 1.22% and a negative return on equity of 0.11%. The firm had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $540.87 million. During the same quarter in the prior year, the firm posted ($0.14) EPS. Flagstar Bank, National Association’s quarterly revenue was up 4.0% compared to the same quarter last year.

Here are the key takeaways from Flagstar Bank, National Association’s conference call:

• Flagstar reported its third consecutive quarter of profitability, with adjusted EPS improving to $0.05 from a $0.14 loss a year ago and pre-provision net revenue up 51% sequentially.
• The bank announced a $250 million share repurchase program, supported by a strong 13.16% CET1 ratio and about $1.6 billion of excess capital above its target range.
• C&I lending momentum was strong, with record $2.8 billion of originations and $2.0 billion of net loan growth in the quarter, alongside a strong pipeline for continued growth.
• The company continued to shrink CRE and multifamily exposure through elevated payoffs, which helps diversification and asset quality but is also pressuring near-term interest income and NIM guidance.
• Credit trends were mixed: criticized and classified loans declined, but net charge-offs rose to $100 million and nonaccrual loans increased modestly as management performed an 18-month forward review of maturing and resetting credits.

Flagstar Bank, National Association Stock Down 5.9%

Shares of NYSE FLG opened at $13.85 on Friday. The business has a 50-day moving average of $14.51 and a two-hundred day moving average of $13.80. The company has a market capitalization of $5.77 billion, a price-to-earnings ratio of 461.53 and a beta of 1.01. Flagstar Bank, National Association has a 1 year low of $10.57 and a 1 year high of $15.44. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.90 and a quick ratio of 0.90.

Flagstar Bank, National Association Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Sunday, June 7th were paid a $0.01 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Flagstar Bank, National Association’s dividend payout ratio (DPR) is currently -18.18%.

Flagstar Bank, National Association News Roundup

Here are the key news stories impacting Flagstar Bank, National Association this week:

• Positive Sentiment: Flagstar announced a $250 million share repurchase program, which signals confidence in its capital position and can support shareholder value. Flagstar Bank, N.A. Announces $250 Million Share Repurchase Program
• Positive Sentiment: The bank said it posted its third straight quarter of profitability, with pre-provision net revenue improving and expenses down 3% from the prior quarter, showing better operating leverage. Flagstar Bank Reports Second Quarter 2026 Results
• Positive Sentiment: Deposit costs declined and total deposits increased, while C&I loans grew 12% quarter over quarter, suggesting improving core banking momentum. Flagstar Bank Reports Second Quarter 2026 Results
• Neutral Sentiment: On an earnings-call and results basis, Flagstar reported adjusted EPS of $0.05 versus expectations of $0.06, and revenue of $512 million versus estimates of $540.9 million, a modest miss that likely weighed on sentiment. Flagstar Bank (FLG) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Several headlines emphasized that Flagstar lagged consensus EPS and revenue estimates, which is the main reason the stock is reacting lower despite better year-over-year earnings. Flagstar Bank (FLG) Lags Q2 Earnings and Revenue Estimates

Flagstar Bank, National Association announced that its Board of Directors has initiated a share buyback program on Friday, July 24th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to purchase up to 4.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have issued reports on FLG. Weiss Ratings reiterated a “sell (d-)” rating on shares of Flagstar Bank, National Association in a research note on Friday, July 17th. TD Cowen raised shares of Flagstar Bank, National Association from a “hold” rating to a “buy” rating and upped their target price for the stock from $15.00 to $18.00 in a research note on Monday, July 6th. Truist Financial upgraded shares of Flagstar Bank, National Association from a “hold” rating to a “buy” rating and increased their target price for the stock from $13.50 to $17.00 in a report on Tuesday, April 7th. Barclays boosted their price target on shares of Flagstar Bank, National Association from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Finally, Wall Street Zen upgraded Flagstar Bank, National Association from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.96.

Institutional Investors Weigh In On Flagstar Bank, National Association

Several institutional investors have recently added to or reduced their stakes in the business. DV Equities LLC acquired a new position in Flagstar Bank, National Association in the fourth quarter valued at approximately $25,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of Flagstar Bank, National Association during the 4th quarter worth approximately $34,000. Advisory Services Network LLC purchased a new stake in shares of Flagstar Bank, National Association during the 3rd quarter worth approximately $35,000. Kemnay Advisory Services Inc. acquired a new position in shares of Flagstar Bank, National Association in the 4th quarter valued at $42,000. Finally, Geneos Wealth Management Inc. purchased a new stake in Flagstar Bank, National Association in the first quarter valued at $45,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Flagstar Bank, National Association Company Profile

Flagstar Financial Corporation (NYSE: FLG) is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels.

The company’s mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels.