FLG

HICKSVILLE, N.Y., July 8, 2026 /PRNewswire/ -- Flagstar Bank, N.A., (NYSE: FLG) (the "Bank") today announced that it plans to issue results for the three and six months ended June 30, 2026 at approximately 6:00 a.m. Eastern Time (ET) on Friday, July 24, 2026. The earnings release and presentation will be posted to the Investor Relations portion of the Bank's website, ir.flagstar.com shortly after issuance. The Bank will conduct a conference call at 8:00 a.m. (ET) on the same date, during which Executive Chairman and Chief Executive Officer, Joseph Otting; Co-President, Co-Chief Operating Officer, and Chief Financial Officer, Lee Smith; and Co-President, Co-Chief Operating Officer, and Chief Banking Officer, Richard Raffetto, will discuss the Bank's second quarter 2026 performance. Conference Call Dial-In Instructions: Once you dial-in to the call, please enter the conference ID (5857240) and press #. You will then be prompted to provide your name and company name before being placed directly into the call. Participants should dial-in at least 15 minutes in advance of the call start time. The conference call will be simultaneously webcast at ir.flagstar.com and archived through 5:00 p.m. on August 21, 2026. Flagstar Bank, N.A. Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At March 31, 2026, the Bank had $87.1 billion of assets, $60.7 billion of loans, deposits of $66.8 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. Investor Contact:Salvatore J. DiMartino(516) 683-4286 Media Contact:Jessica Torchia(248) 312-6451 View original content to download multimedia:https://www.prnewswire.com/news-releases/flagstar-bank-na-to-report-second-quarter-2026-earnings-and-host-conference-call-on-july-24th-302819904.html

HICKSVILLE, N.Y., June 9, 2026 /PRNewswire/ -- Flagstar Bank, N.A. (NYSE: FLG) (the "Bank") announced today that, based on preliminary voting results from the 2026 Annual Shareholders' Meeting held earlier today, all four proposals were approved by shareholders. Based on these preliminary results, the Bank's shareholders approved the following: The election of eight directors to one-year terms of office; The ratification of the appointment of KPMG, LLP as the Bank's independent registered public accounting firm for the fiscal year ending December 31, 2026; By a non-binding advisory vote, the approval of the compensation of the Bank's Named Executive Officers; and Approval of an Amendment to the Flagstar Bank, N.A., 2020 Omnibus Incentive Plan. Commenting on today's results, Executive Chairman and Chief Executive Officer, Joseph M. Otting stated, "We are grateful for the strong support received from our shareholders at today's Annual Meeting as nearly 90% of total shares outstanding were voted this year. The preliminary results affirm the progress the Bank has made in improving our financial performance, our risk management and corporate governance frameworks, and building a foundation for long-term growth. We appreciate the confidence our shareholders have placed in our Board of Directors and executive leadership team and remain committed to creating value and providing exceptional service to our customers and communities." The Bank expects to file a Form 8-K with final voting results within the next four business days. Flagstar Bank, N.A. Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At March 31, 2026, the Bank had $87.1 billion of assets, $60.7 billion of loans, deposits of $66.8 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. Cautionary Statements Regarding Forward-Looking Language This press release may include forward‐looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan pro...

Flagstar Financial’s first quarter results were shaped by ongoing strategic shifts within its core banking operations. Management attributed the modest revenue growth to elevated payoffs in the commercial real estate portfolio, partially offset by robust expansion in commercial and industrial lending. CEO Joseph Otting outlined progress in reducing nonaccrual and criticized loans, emphasizing that “disciplined expense management has been a hallmark of our return to profitability.” The company also highlighted the impact of a successful reduction in wholesale funding costs and continued balance sheet optimization. Management’s remarks acknowledged that while certain restructuring efforts temporarily weighed on revenue momentum, these actions were central to improving long-term asset quality and capital strength. Is now the time to buy FLG? Find out in our full research report (it’s free). Revenue: $507 million vs analyst estimates of $553 million (3.5% year-on-year growth, 8.3% miss) Adjusted EPS: $0.04 vs analyst estimates of $0.04 (in line) Adjusted Operating Income: $41 million vs analyst estimates of $80.99 million (8.1% margin, 49.4% miss) Market Capitalization: $5.82 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Christopher McGratty (KBW): Asked CFO Lee Smith to clarify the drivers behind the net interest margin outlook, particularly regarding CRE payoffs and C&I loan growth. Smith explained that higher CRE payoffs reduce short-term income but support long-term diversification. Jared Shaw (Barclays): Inquired about weaker-than-expected loan yields and potential for margin expansion. CEO Joseph Otting responded that late-quarter C&I growth and CRE runoff timing delayed margin benefits, with improvements anticipated in future quarters. Manan Gosalia (Morgan Stanley): Sought details on the benefits of credit rating upgrades for deposit growth and expense management. Otting emphasized that investment-grade ratings should help attract larger commercial deposits, while Smith noted no direct FDIC expense impact. David Chiaverini (Jefferies): Pressed for expectations around criticized and classified loan tren...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Flagstar Bank National Association (FLG) has caught investor attention after first quarter 2026 results topped earnings expectations, with higher net interest income, no provision for credit losses, and ongoing balance sheet and credit updates. See our latest analysis for Flagstar Bank National Association. The recent first quarter earnings beat, together with common and preferred dividend declarations and the opening of a new San Francisco private client office, comes as the share price trades at US$13.97, with an 11.31% year to date share price return but a 3 year total shareholder return decline of 47.57%. This suggests that near term momentum has improved while longer term performance remains weak. If you are weighing Flagstar against other financial names, it can help to widen your search using a screener that focuses on resilient business models and ownership quality, such as 18 top founder-led companies With the shares at US$13.97, trading at a discount to the average analyst price target and with an Intrinsic Value Score of 2, you need to ask whether this is mispricing or if the market already reflects FLG’s future growth. Flagstar's most followed narrative points to a fair value of $13.78, almost in line with the recent $13.97 close, and rests heavily on its funding and loan mix shift. Read the complete narrative. Curious what kind of revenue path and margin rebuild this narrative is baking in? The story leans on sharp earnings improvement and a compressed future earnings multiple that still supports today’s price. Result: Fair Value of $13.78 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there is still the risk that credit normalization or the New York multifamily book takes longer than expected, which could keep earnings and valuation under pressure. Find out about the key risks to this Flagstar Bank National Association narrative. The mixed tone around Flagstar's near term earnings and longer term track record makes it especially important to check the details for yourself and act before sentiment shifts. To weigh the upside against the concerns, start with the 1 key reward and 2 important warning signs If FLG is on your radar, do not stop there. Broade...

Profitability improving: Flagstar posted its second consecutive profitable quarter (adjusted EPS ~$0.04) as NIM expanded to about 2.15% after adjustments and operating expenses fell 5% to $441 million, with management guiding for continued expense reduction. Portfolio shift is underway: C&I loans grew $1.4 billion (9% linked-quarter) while CRE and multifamily balances declined $1.6 billion, a mix that accelerates diversification but is weighing on near-term net interest income and prompted lower 2026–27 interest-income/NIM forecasts. Credit and capital trends supportive: nonaccrual and criticized loans fell meaningfully, the bank ended Q1 with roughly CET1 13.2% and about $1.6 billion of excess capital, and Fitch/Moody’s upgraded deposit ratings to investment grade as the board eyes possible capital returns in H2 if profitability is sustained. Interested in Flagstar Bank, National Association? Here are five stocks we like better. Flagstar Bank, National Association (NYSE:FLG) executives highlighted continued progress on profitability, balance sheet repositioning, and credit improvement during the company’s first quarter 2026 earnings call, while also acknowledging that elevated commercial real estate (CRE) and multifamily payoffs are tempering near-term net interest income expectations. Chairman, President, and CEO Joseph Otting said the quarter reflected “continued improving fundamentals,” pointing to strong commercial and industrial (C&I) growth, core deposit expansion, a decline in nonaccrual and criticized/classified loans, and “industry-leading capital levels.” Otting also emphasized that Flagstar has been executing against the strategy it laid out two years ago, with a focus on strengthening earnings and improving balance sheet quality. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Senior EVP and CFO Lee Smith said the bank was profitable for the second consecutive quarter after returning to profitability in the fourth quarter of 2025. Flagstar reported net income attributable to common stockholders of $0.03 per diluted share, or $0.04 per diluted share on an adjusted basis. Smith said first quarter adjustments were limited to a $9 million mark-to-market decline in the company’s investment in Figure Technologies; he added that after quarter-end Flagstar sold about 75% of its Figure position at a $1.8 million gain versus the March 3...

Flagstar Bank, National Association FLG reported first-quarter 2026 adjusted earnings per share of 4 cents, beating the Zacks Consensus Estimate of 3 cents. In the year-ago quarter, the company had incurred a loss of 23 cents. Results were primarily driven by an improvement in net interest income (NII), no provision for credit losses, and lower expenses. However, a decline in non-interest income acted as a headwind. Given the concern, FLG shares lost 2.2% during Friday’s trading session. Results excluded certain non-recurring items. After considering these, the net income available to common shareholders (GAAP basis) was $13 million against a net loss of $108 million in the prior-year quarter. Quarterly revenues were $498 million, missing the Zacks Consensus Estimate by 10.6%. The metric rose 2% from the prior-year quarter. NII was $443 million, up 8% year over year. The net interest margin (NIM) of 2.15% expanded 41 basis points from the year-ago quarter, driven by a lower cost of funds and balance sheet repositioning. Non-interest income was $55 million, which declined 31% from the year-ago quarter. The decrease was mainly due to lower fee income, reduced loan-related income, and the impact of prior mortgage servicing business sales. Non-interest expenses of $466 million decreased 12% year over year. Adjusted operating expenses were $441 million, down 9% from the first quarter of 2025, reflecting lower compensation, FDIC insurance, and general administrative costs. Total loans and leases held for investment declined nearly 1% sequentially to $60.4 billion as of March 31, 2026. As of the same date, total deposits increased 1% sequentially to $66.8 billion. Non-accrual loans were $2.7 billion, which decreased from $3.3 billion as of March 31, 2025. Net charge-offs were $78 million, which declined 32% from the prior-year quarter. The company recorded nil provisions for credit losses compared with $79 million recorded in the year-ago quarter. As of March 31, 2026, the common equity tier 1 ratio was 13.24% compared with 11.90% as of March 31, 2025. The total risk-based capital ratio increased to 16.69% from 15.25% in the prior-year quarter. The leverage capital ratio rose to 9.61% from 8.45% a year ago, reflecting improved capital strength. Flagstar Financial’s continued reduction in commercial real estate exposure and improving credit quality remain encouragin...

HICKSVILLE, N.Y., April 27, 2026 /PRNewswire/ -- Flagstar Bank, N.A. (NYSE: FLG) (the "Bank") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Bank's common stock. The dividend is payable on June 17, 2026, to common stockholders of record as of June 7, 2026. In addition, the Board of Directors declared quarterly cash dividends on three series of its preferred stock. A quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE: FLG PRA) at the rate of $15.94 per preferred share, which equates to $0.3984 for each depositary share. Each depositary share represents a 1/40th ownership interest in a share of the Series A preferred stock. The dividend is payable on June 17, 2026, to holders of record of Series A preferred stock as of June 7, 2026. A quarterly cash dividend on its Series B Noncumulative Convertible Preferred Stock of $3.3333 per share. The dividend is payable on June 17, 2026, to holders of record of Series B preferred stock as of June 7, 2026. A quarterly cash dividend on its Series D Non-Voting Common Equivalent Stock of $3.3333 per share. The dividend is payable on June 17, 2026, to holders of record of Series D preferred stock as of June 7, 2026. Flagstar Bank, N.A. Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At March 31, 2026, the Bank had $87.1 billion of assets, $60.7 billion of loans, deposits of $66.8 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. Investor Contact: Salvatore J. DiMartino (516) 683-4286 View original content to download multimedia:https://www.prnewswire.com/news-releases/flagstar-bank-na-declares-quarterly-cash-dividends-on-its-common-stock-and-preferred-stocks-302753333.html

Achieved a second consecutive quarter of profitability, signaling a successful turnaround driven by disciplined expense management and net interest margin expansion. Accelerated the shift toward a diversified 1/3 CRE, 1/3 C&I, and 1/3 consumer loan mix, with C&I loans growing 9% sequentially as legacy portfolio rightsizing concludes. Reduced commercial real estate exposure by $1.6 billion through elevated par payoffs, which management views as a positive acceleration of their de-risking strategy despite short-term revenue headwinds. Remediated previously disclosed material weaknesses in internal controls and regained investment-grade deposit ratings from Moody's and Fitch, enhancing the bank's ability to attract corporate operating accounts. Consolidated six legacy data centers into two co-location centers, establishing the technical baseline for a unified core banking platform conversion scheduled for 2027. Improved credit quality fundamentals with an 11% reduction in nonaccrual loans and a 3% decrease in criticized/classified assets, supported by a robust 13.2% CET1 capital ratio. Revised 2026 and 2027 EPS guidance downward to reflect the timing impact of faster-than-expected CRE payoffs and a more competitive pricing strategy to retain high-quality relationships. Anticipates total assets reaching $94 billion by year-end 2026 and $102 billion by 2027, driven by a projected $7 billion annual growth in C&I lending. The Board is expected to consider capital distributions in the second half of the year, contingent on demonstrating several quarters of sustainable profitability and continued improvement in nonaccrual loans. Projects a $40 million annual expense reduction starting in mid-2027 following the completion of the core banking system conversion. Assumes a 3-year rent freeze scenario in New York City multifamily modeling, concluding that existing reserves and charge-offs adequately cover potential NOI degradation for rent-regulated assets. Identified 2027 as the largest maturity and reset year for the CRE portfolio, with approximately $9 billion in loans scheduled for repricing or maturity. Applied a proactive 18-month forward-looking credit review process that moved some current loans into 'special mention' status based on projected debt service coverage at higher contractual interest rates. Recorded $78 million in net charge-offs, though management not...

This article first appeared on GuruFocus. Net Interest Margin (NIM): Increased by 10 basis points to 2.15% after adjusting for a one-time hedge gain. CET1 Capital Ratio: Robust at 13.24%, ranking among the top relative to other regional banks. Core Deposits Growth: Increased by $1.1 billion, excluding brokered deposits. Operating Expenses: Decreased by 5% quarter-over-quarter to $441 million. Net C&I Loan Growth: $1.4 billion, driven by $2.6 billion in new C&I loan originations. Non-Accrual Loans: Declined by 11%, reducing by $323 million. Adjusted Diluted EPS: Increased from $0.03 in Q4 to $0.04 in Q1. CRE Exposure Reduction: Declined by $1.6 billion or 4% relative to the fourth quarter. Criticized and Classified Loans: Decreased by 3% quarter-over-quarter. ACL Reserves: Decreased by $78 million, driven by lower CRE and multifamily loan balances. Warning! GuruFocus has detected 6 Warning Signs with FLG. Is FLG fairly valued? Test your thesis with our free DCF calculator. Release Date: April 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Flagstar Bank NA (NYSE:FLG) reported strong C&I loan growth, marking the third consecutive quarter of growth in this segment. The bank achieved a significant reduction in non-accrual loans by 11% and criticized and classified loans by 3%. Flagstar Bank NA (NYSE:FLG) experienced a net interest margin expansion driven by lower funding costs. The bank's CET1 capital ratio is robust at 13.2%, ranking among the top relative to other regional banks. Moody's and Fitch upgraded the bank's long-term and short-term deposit ratings to investment grade with a positive outlook. Flagstar Bank NA (NYSE:FLG) adjusted its interest income guidance downward due to increased CRE and multifamily payoffs. The bank is experiencing fewer resetting loans staying on its balance sheet, impacting short-term net interest income. Operating expenses, while declining, remain a focus area for further reduction. The bank's forecast for 2026 and 2027 earnings was lowered, indicating a delay in achieving profitability targets. There is ongoing pressure on deposit pricing, which remains competitive in the current market environment. Q: Could you unpack the differences in your assumptions for the margin for next year, specifically regarding balance sheet size and NII conversation size versus margin?...

Regional banking company Flagstar Financial (NYSE:FLG) fell short of the market’s revenue expectations in Q1 CY2026 as sales only rose 1.6% year on year to $498 million. Its non-GAAP profit of $0.04 per share was in line with analysts’ consensus estimates. Is now the time to buy Flagstar Financial? Find out in our full research report. Net Interest Income: $443 million vs analyst estimates of $474.9 million (8% year-on-year growth, 6.7% miss) Net Interest Margin: 2.2% vs analyst estimates of 2.3% (10.4 basis point miss) Revenue: $498 million vs analyst estimates of $553 million (1.6% year-on-year growth, 9.9% miss) Adjusted EPS: $0.04 vs analyst estimates of $0.04 (in line) Tangible Book Value per Share: $17.42 vs analyst estimates of $17.23 (flat year on year, 1.1% beat) Market Capitalization: $5.97 billion Commenting on the Bank's first quarter performance, Chairman, President, and Chief Executive Officer, Joseph M. Otting stated, "We are pleased to report another quarter of solid progress, highlighted by our second consecutive quarter of profitability and continued momentum across our core banking franchise. We reported net income attributable to common stockholders of $13 million, or $0.03 per diluted share on a GAAP basis and net income attributable to common stockholders of $20 million or $0.04 per diluted share on an adjusted basis. Our first quarter 2026 performance reflects the disciplined execution of our strategic plan and improving fundamentals, including strong C&I loan growth, a higher level of deposits, additional progress in reducing the level of non-accrual and criticized/classified loans, further expansion of our net interest margin, and a strong capital position. Tracing its roots back to 1859 and rebranded from New York Community Bancorp in 2024, Flagstar Financial (NYSE:FLG) is a bank holding company that offers commercial and consumer banking services, with specialties in multi-family lending, mortgage originations, and warehouse lending. Net interest income and and fee-based revenue are the two pillars supporting bank earnings. The former captures profit from the gap between lending rates and deposit costs, while the latter encompasses charges for banking services, credit products, wealth management, and trading activities. Luckily, Flagstar Financial’s revenue grew at a decent 11.3% compounded annual growth rate over the last five yea...

STRONG GROWTH IN C&I LENDING AS TOTAL C&I LOANS INCREASED $1.4 BILLION OR 9% COMPARED TO PRIOR QUARTER, WITH BROAD-BASED GROWTH CORE DEPOSITS, EXCLUDING BROKERED, INCREASED $1.1 BILLION OR 2% QUARTER-OVER-QUARTER, WHILE OVERALL DEPOSITS GREW $832 MILLION OR 1% CREDIT QUALITY CONTINUES TO IMPROVE AS NON-ACCRUAL LOANS DECLINED 11% AND CRITICIZED/CLASSIFIED LOANS DECLINED 3% COMPARED TO PRIOR QUARTER CRE EXPOSURE DECLINES FURTHER WITH CRE PAR PAYOFFS OF $1.1 BILLION, INCLUDING 42% IN SUBSTANDARD AND A CRE CONCENTRATION RATIO OF 367% COMPARED TO 381% IN PRIOR QUARTER NET INTEREST MARGIN OF 2.15%, UP 1 BASIS POINT VERSUS PRIOR QUARTER; UP 10 BASIS POINTS AS ADJUSTED; COST OF FUNDS CONTINUE TO TREND LOWER STRONG EXPENSE MANAGEMENT WITH OPERATING EXPENSES DOWN 5% COMPARED TO PRIOR QUARTER CET1 CAPITAL RATIO INCREASED TO OVER 13%, ENDING THE QUARTER UP 40 BASIS POINTS TO 13.24% HICKSVILLE, N.Y., April 24, 2026 /PRNewswire/ -- Flagstar Bank, N.A. (the "Bank") (NYSE: FLG), today reported first quarter 2026 net income of $21 million compared to net income of $29 million for fourth quarter 2025 and compared to a net loss of $100 million for first quarter 2025. First quarter 2026 net income attributable to common stockholders was $13 million, or $0.03 per diluted share, compared to net income attributable to common stockholders of $21 million, or $0.05 per diluted share in fourth quarter 2025 and compared to a net loss attributable to common stockholders of $108 million, or $0.26 per diluted share in first quarter 2025. NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS - AS ADJUSTED On an adjusted basis, which excludes a $9 million fair value loss related to our equity investment in Figure Technology Solutions, Inc., (the "Figure Investment"), first quarter 2026 net income attributable to common stockholders was $20 million or $0.04 per diluted share compared to fourth quarter 2025 net income attributable to common stockholders of $30 million or $0.06 per diluted share, which excludes a $9 million fair value gain on the Figure Investment, $17 million of merger related expenses, and $4 million of severance expenses. CEO COMMENTARY Commenting on the Bank's first quarter performance, Chairman, President, and Chief Executive Officer, Joseph M. Otting stated, "We are pleased to report another quarter of solid progress, highlighted by our second consecutive quarter of prof...

Flagstar Bank (FLG) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to a loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +19.40%. A quarter ago, it was expected that this bank holding company would post earnings of $0.02 per share when it actually produced earnings of $0.06, delivering a surprise of +200%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Flagstar Bank, which belongs to the Zacks Banks - Southeast industry, posted revenues of $498 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 10.61%. This compares to year-ago revenues of $490 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Flagstar Bank shares have added about 14% since the beginning of the year versus the S&P 500's gain of 3.8%. While Flagstar Bank has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Flagstar Bank was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong B...