NYSE:FLGBanks
The Bull Case For Flagstar Bank (FLG) Could Change Following New Guidance And $250 Million Buyback
Flagstar Bank, National Association recently reported second-quarter 2026 results showing net income of US$34 million versus a loss a year earlier, issued 2026–2027 earnings guidance, declared quarterly dividends on its common and preferred stock, and authorized up to US$250 million of share repurchases over the next 12 months.
Alongside modest net charge-offs of US$100,000, management framed the quarter as an inflection point, highlighting a deliberate shift away from commercial real estate...