FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) Flagstar Financial, Inc. serves as the holding company for Flagstar Bank, N.A., delivering a wide array of banking solutions and services throughout the United States. Its deposit portfolio features interest-bearing checking, money market, savings, and non-interest-bearing accounts, alongside retirement savings plans and certificates of deposit. The institution extends a diverse range of credit facilities, including financing for multi-family properties, commercial real estate ventures, and acquisition, development, and construction projects. Further offerings encompass commercial and industrial loans, mortgages for one-to-four family residences, specialized finance loans and leases, and warehouse lending. Additionally, Flagstar provides various consumer credit options, such as home equity lines of credit, indirect loans for boats and recreational vehicles, point-of-sale consumer financing, and overdraft facilities. Beyond traditional banking, the company offers cash management tools, a selection of non-deposit investment and insurance products, and convenient digital access through online, mobile, and telephone banking platforms. Its primary clientele consists of individual consumers, small to medium-sized businesses, and professional organizations. Established in 1859 and based in Hicksville, New York, the company recently changed its name to Flagstar Financial, Inc. in October 2024, having formerly been known as New York Community Bancorp, Inc.
Sector: Savings Institutions, Not Federally Chartered
Industry: Banks - Regional
Flagstar Financial, Inc. NYSE:FLG Financial Services · Banks - Regional
Mkt Cap $4.31B
Div Yield 0.39%
AH Close $10.40 vs close AH Close $10.40 +0.20% vs close
Mkt Cap $4.31B
Div Yield 0.39%
All Press Release SEC Filings News
Press Release ● Major ⚠ 6
FLAGSTAR BANK REPORTS THIRD QUARTER 2026 NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.01 PER DILUTED SHARE
Flagstar Bank reported Q3 2026 net income attributable to common stockholders of $3 million, or $0.01 per diluted share, down from $0.06 in Q2 and versus a $0.11 loss a year ago. Net income of $12 million fell 65% linked-quarter despite 5% net interest income growth to $460 million and a 4bp margin expansion to 2.17%.
Credit costs were the swing factor: the provision for credit losses more than quadrupled to $76 million, driven by higher rates and the impact of NYC rent regulation on the multi-family portfolio. Substandard and criticized-classified loans rose $670 million, while net charge-offs improved to 0.49% of average loans from 0.66%.
Positives included $2.0 billion (11%) of C&I loan growth, a CRE concentration ratio improved to 346%, a CET1 ratio of 12.38%, and a completed $250 million buyback. CEO Joseph Otting cautioned that, given the higher-for-longer rate environment, full realization of strategic objectives has shifted from 2027 to 2028.
• 2d ago AI analysis › Press Release
FLAGSTAR BANK, N.A. TO REPORT THIRD QUARTER 2026 EARNINGS AND HOST CONFERENCE CALL ON OCTOBER 23RD
Flagstar Bank, N.A. announced it will report third quarter 2026 results at approximately 6:00 a.m. ET on Friday, October 23, 2026.
A conference call hosted by CEO Joseph Otting, CFO Lee Smith, and Co-President Richard Raffetto will follow at 8:00 a.m. ET the same day, with a live webcast at ir.flagstar.com.
The Bank reported $87.7 billion in assets, $61.2 billion in loans, and $67.5 billion in deposits as of June 30, 2026.
• 16d ago AI analysis › News
Is the Options Market Predicting a Spike in Flagstar Bank Stock?
zacks.com • 1mo ago News
Flagstar Bank, National Association (FLG) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
seekingalpha.com • 1mo ago Press Release
FLAGSTAR BANK, N.A. TO PARTICIPATE AT THE BARCLAYS 24TH ANNUAL GLOBAL FINANCIAL SERVICES CONFERENCE
Flagstar Bank, N.A. (NYSE: FLG) will participate at the Barclays 24th Annual Global Financial Services Conference on Tuesday, September 15, 2026 in New York City.
Executive Chairman and CEO Joseph Otting, Co-President and Chief Banking Officer Richard Raffetto, and Co-President and CFO Lee Smith are scheduled for a fireside chat-style discussion at 3:30 p.m. ET, streamed live in listen-only format at ir.flagstar.com with a replay archived through October 13, 2026.
The release contains no new financial disclosure; it restates the June 30, 2026 balance sheet of $87.7 billion in assets, $61.2 billion in loans, $67.5 billion in deposits, and $8.1 billion in stockholders' equity, alongside a footprint of roughly 320 retail locations and 20 Private Banking Offices across nine states.
• 1mo ago AI analysis › Press Release
Fiserv and Flagstar Bank Announce Strategic Core Banking Relationship
Fiserv announced that Flagstar Bank has selected its Finxact cloud-native core banking platform to serve as the foundation for the bank's core modernization strategy.
Flagstar, which holds approximately $87.7 billion in assets, will implement Finxact as part of its S2 Platform initiative to replace legacy technology and enable real-time, digital-first banking experiences.
The partnership represents a significant commercial validation for the Finxact platform, positioning Fiserv to support Flagstar's phased transition to a consolidated core system.
• 2mo ago AI analysis › SEC Filing ⚠ 7
FLG: 10-Q · periodic report
Flagstar Bank reported net income of $34 million, or $0.06 per diluted share, for the second quarter of 2026, up from $21 million in the first quarter and a swing from a $70 million loss in the year-ago quarter. For the first half of 2026, net income was $55 million versus a $170 million net loss in the first half of 2025.
Credit quality improved markedly: non-accrual loans fell 6% to $2.8 billion (4.59% of loans), 30-to-89-day delinquencies dropped 63% to $368 million, and the allowance for credit losses declined to $869 million, or 1.42% of loans, from $1,030 million, or 1.70%, at year-end 2025. The quarterly provision for credit losses was just $18 million versus $64 million a year earlier.
The balance sheet continued its strategic diversification: C&I loans grew 22% to $18.6 billion while the multi-family portfolio was reduced by $2.1 billion to $26.9 billion, and total deposits rose $1.5 billion to $67.5 billion. Total assets stood at $87.7 billion with stockholders' equity of $8.1 billion.
In July 2026 the Board authorized a $250 million share repurchase program over 12 months, though legal overhangs remain, including a pending motion to dismiss in the consolidated federal securities class action and a Supreme Court certiorari petition in the California escrow-interest case.
SEC 10-Q • 2mo ago AI analysis › Press Release
FLAGSTAR PRIVATE BANK ANNOUNCES FULL IMPLEMENTATION OF OPERATING MODEL, EXPANDED LEADERSHIP, AND NEW CLIENT CAPABILITIES
Flagstar Private Bank completed the implementation of its new operating model, appointing Len Moscatelli and Jim Denver as regional heads for the Southeast and West Coast to drive growth.
The division launched two new capabilities: Flagstar Insurance Agency, Inc. to integrate insurance planning, and Flagstar Guided Portfolio Solutions to offer discretionary managed investment portfolios.
As of June 30, 2026, Flagstar Bank reported $87.7 billion in assets, $61.2 billion in loans, and $67.5 billion in deposits across 340 locations in nine states.
• 2mo ago AI analysis › News
Flagstar Bank Shares Down on Q2 Earnings Miss, Fee Income Falls Y/Y
zacks.com • 2mo ago News
These Analysts Cut Their Forecasts On Flagstar Financial Following Q2 Earnings
benzinga.com • 2mo ago Press Release
FLAGSTAR BANK, N.A. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
Flagstar Bank N.A. declared a quarterly cash dividend of $0.01 per share on its common stock, payable September 17 to shareholders of record on September 7.
The Board also declared dividends on three series of preferred stock: $15.94 per share for Series A, $3.3333 per share for Series B, and $3.3333 per share for Series D.
As of June 30, 2026, the bank reported $87.7 billion in assets, $61.2 billion in loans and $67.5 billion in deposits.
• 2mo ago AI analysis › News
Flagstar Bank, National Association (FLG) Q2 2026 Earnings Call Transcript
seekingalpha.com • 3mo ago News
Flagstar Bank (FLG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
zacks.com • 3mo ago News
Flagstar Bank, National Association Q2 Earnings Call Highlights
marketbeat.com • 3mo ago News
Flagstar Bank (FLG) Lags Q2 Earnings and Revenue Estimates
zacks.com • 3mo ago Press Release ● Major ⚠ 3
FLAGSTAR BANK REPORTS SECOND QUARTER 2026 NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.06 PER DILUTED SHARE AND ADJUSTED NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.05 PER DILUTED SHARE
Flagstar Bank reported its third consecutive quarter of profitability with GAAP EPS of $0.06, doubling from the prior quarter, and adjusted EPS of $0.05.
The bank announced a $250 million share repurchase program, supported by a strong CET1 capital ratio of 13.16% and approximately $1.6 billion in excess capital.
Balance sheet growth accelerated with C&I loans increasing $2.0 billion (12%) and total deposits up nearly $700 million, while operating expenses declined 3% driving positive operating leverage.
• 3mo ago AI analysis › Press Release
FLAGSTAR BANK, N.A. ANNOUNCES $250 MILLION SHARE REPURCHASE PROGRAM
Flagstar Bank's Board of Directors authorized a new share repurchase program of up to $250 million, effective over the next 12 months.
CEO Joseph M. Otting stated the program reflects meaningful progress in executing the strategic plan and represents a disciplined use of excess capital given the bank's strong balance sheet.
As of June 30, 2026, the bank reported $87.7 billion in assets and total stockholders' equity of $8.1 billion.
• 3mo ago AI analysis › News
Flagstar Bank: A Major Turnaround Play
seekingalpha.com • 3mo ago News
Flagstar Bank, National Association (NYSE:FLG) Reaches New 1-Year High on Analyst Upgrade
defenseworld.net • 3mo ago Press Release
FLAGSTAR BANK, N.A. TO REPORT SECOND QUARTER 2026 EARNINGS AND HOST CONFERENCE CALL ON JULY 24TH
Flagstar Bank announced it will report its financial results for the three and six months ended June 30, 2026, on July 24, 2026, at approximately 6:00 a.m. ET.
The company will host a conference call at 8:00 a.m. ET on the same day to discuss second quarter performance, featuring CEO Joseph Otting and CFO Lee Smith.
The call will be webcast live on the Bank's investor relations website and available for replay until August 21, 2026.
• 3mo ago AI analysis › Press Release
FLAGSTAR BANK ANNOUNCES PROPRIETARY TECHNOLOGY TRANSFORMATION
Flagstar Bank announced it has established proprietary rights over its enterprise technology platform, filing for a trademark for the 'Flagstar S2 Platform' and a provisional patent for its 'StarIQ' AI system.
The S2 Platform consolidates three legacy banking environments (Flagstar, New York Community Bank, and Signature Bank) and six data centers into a unified foundation, aiming to reduce costs and improve customer experience.
StarIQ is a secure, governed generative AI orchestration system built for regulated financial services, integrating models from Anthropic, Meta, and others while using AWS infrastructure and Palo Alto Networks security.
The bank reported $87.1 billion in assets and $60.7 billion in loans as of March 31, 2026, highlighting its scale as one of the largest regional banks in the country.
• 4mo ago AI analysis › SEC Filing
FLG: 8-K · proxy statement
Flagstar Bank, N.A. announced preliminary results from its 2026 Annual Shareholders' Meeting, confirming that all four proposals were approved. Shareholders elected the eight director nominees to one-year terms, including Steven T. Mnuchin and Joseph Otting, and ratified KPMG LLP as the independent auditor for the fiscal year ending December 31, 2026.
The company's shareholders also approved a non-binding advisory vote regarding executive compensation and an amendment to the 2020 Omnibus Incentive Plan. The amendment increases the number of shares of Common Stock reserved for issuance under the plan by 12,000,000 shares to support future equity awards.
Executive Chairman and CEO Joseph M. Otting highlighted the shareholder support, noting that nearly 90% of total shares outstanding were voted. As of March 31, 2026, the bank reported assets of $87.1 billion, loans of $60.7 billion, and deposits of $66.8 billion.
SEC 8-K • 4mo ago AI analysis › Press Release
FLAGSTAR BANK, N.A. ANNOUNCES PRELIMINARY RESULTS OF 2026 ANNUAL SHAREHOLDERS' MEETING
Flagstar Bank announced preliminary results from its 2026 Annual Shareholders' Meeting, with all four proposals approved by shareholders.
The approved items included the election of eight directors, ratification of KPMG as independent auditor, advisory approval of executive compensation, and an amendment to the 2020 Omnibus Incentive Plan.
CEO Joseph M. Otting noted that nearly 90% of total shares outstanding were voted, citing strong shareholder support for the bank's progress in financial performance and governance.
• 4mo ago AI analysis › Press Release
FLAGSTAR BANK, N.A. TO PARTICIPATE AT THE MORGAN STANLEY U.S. FINANCIALS CONFERENCE
Flagstar Bank will participate in a fireside chat at the Morgan Stanley U.S. Financials Conference on June 10, 2026.
Executive Chairman and CEO Joseph Otting, along with Co-CEOs Richard Raffetto and Lee Smith, are scheduled to speak at 3:15 p.m. ET.
The discussion will be live-streamed on the company's investor relations website, with a replay available later that day.
• 4mo ago AI analysis › Press Release ⚠ 2
FLAGSTAR BANK EXTENDS JOSEPH OTTING'S TERM AS CEO AND ANNOUNCES EXECUTIVE LEADERSHIP UPDATES
Flagstar Bank extended CEO Joseph Otting’s employment agreement through March 2028, citing confidence in his leadership and the bank’s return to profitability.
Richard Raffetto and Lee Smith were named Co-Presidents and Co-Chief Operating Officers, assuming expanded operational responsibilities while reporting to Otting.
Additional leadership updates include Bao Nguyen as Chief Legal Officer and Peter Sullivan as General Counsel, reflecting ongoing succession planning and organizational maturation.
• 5mo ago AI analysis › Press Release
FLAGSTAR BANK, N.A. TO PARTICIPATE AT THE BARCLAYS 18TH ANNUAL AMERICAS SELECT CONFERENCE
Flagstar Bank, N.A. (NYSE: FLG) is scheduled to participate in the Barclays 18th Annual Americas Select Conference in London on May 5, 2026.
Executive Chairman and CEO Joseph Otting and CFO Lee Smith will lead a fireside chat discussion starting at 3:15 p.m. BST.
The event will be live-streamed on the bank's investor relations website, with a replay available until June 2, 2026.
• 5mo ago AI analysis › Press Release
FLAGSTAR BANK, N.A. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
Flagstar Bank, N.A. declared a regular quarterly cash dividend of $0.01 per share on its common stock, payable June 17 to shareholders of record on June 7.
The board also declared quarterly dividends on three series of preferred stock: Series A at $0.3984 per depositary share, Series B at $3.3333 per share, and Series D at $3.3333 per share.
The bank reported assets of $87.1 billion and deposits of $66.8 billion as of March 31, 2026.
• 5mo ago AI analysis › Recent SEC filings with analysis 
