Flagstar Bank, National Association NYSE: FLG executives said the company has made significant progress stabilizing its balance sheet and repositioning its business model, while acknowledging that the turnaround remains a work in progress.
Flagstar Bank has seen two consecutive quarters of positive non-GAAP profits and recently received a Fitch credit rating upgrade to "BB". FLG is trading at a discount to tangible book value and well below all-time highs, despite rising deposits and improved credit quality. Strategic portfolio shifts include reducing CRE exposure and expanding commercial and industrial lending, with deposits rising 1.3% sequentially to reach $66.8 billion.
Flagstar Bank, National Association (FLG) Q1 2026 Earnings Call Transcript
The headline numbers for Flagstar Bank (FLG) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.
Flagstar Bank (FLG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FLG expands tech leadership to power its S2 platform, aiming to unify systems, boost AI-driven insights and enhance customer experience.
Flagstar Bank, National Association (FLG) Presents at Bank of America Financial Services Conference 2026 Transcript
FLG beat Q4 earnings estimates as NII rises and credit costs plunge, but lower non-interest income and shrinking balances weigh on the results.
Flagstar Bank, National Association (FLG) Q4 2025 Earnings Call Transcript
Flagstar Bank remains a speculative "Buy" as its turnaround strategy shows early signs of traction despite ongoing net losses and a shrinking balance sheet. Management's deliberate reduction of high-cost brokered deposits and asset repositioning have improved net interest margin and delivered a surprise Q4 profit. FLG trades at the lowest price-to-book among peers, reflecting ongoing asset quality concerns and below-peer returns on assets and equity.
The headline numbers for Flagstar Bank (FLG) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.