Flagstar Bank National Association (FLG) Stock Overview
Provides banking products and services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
FLG Community Fair Values
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Analyst Price Targets
Flagstar Bank, National Association Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.30 |
| 52 Week High | US$15.44 |
| 52 Week Low | US$10.57 |
| Beta | 1 |
| 1 Month Change | -3.64% |
| 3 Month Change | 0.07% |
| 1 Year Change | 26.55% |
| 3 Year Change | -63.31% |
| 5 Year Change | -62.08% |
| Change since IPO | 302.19% |
Recent News & Updates
Recent updates
Seeking Alpha • Jul 20
Flagstar Bank: A Major Turnaround Play
Summary Flagstar Bank, National Association is positioned for a potential earnings beat in Q2'26, driven by robust commercial & industrial loan growth and a favorable credit environment. FLG trades at a significant discount to book value (0.82x P/B), offering a compelling margin of safety versus regional peers. Strategic cost-cutting, reduced New York real estate exposure (down 17% Y/Y in Q1), and renewed profitability underpin a turnaround investment thesis. I see 25% upside potential if FLG continues lowering legacy loan risks and delivers strong C&I origination growth. Read the full article on Seeking Alpha
Narrative Update • Jul 10
FLG: AI Orchestration And Private Banking Expansion Will Support Bullish Outlook
Analysts have modestly increased their price target for Flagstar Bank National Association to $16.47 from $15.84, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E estimates. What’s in the News for Flagstar Bank National Association Flagstar Bank National Association filed a provisional patent application for StarIQ, an enterprise generative AI orchestration system designed for regulated financial services, integrating multiple foundation models and security tools, source: Key Developments.Narrative Update • Jun 26
FLG: Future Tech Overhaul And AI Platform Will Shape Fair Outlook
Analysts have adjusted their price target on Flagstar Bank National Association to $15.84 from $13.78, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E forecasts. What's in the News for Flagstar Bank National Association Flagstar Bank announced a proprietary technology transformation, securing rights over its Flagstar S2 Platform, which consolidates legacy banking environments into a modern integrated foundation, source: company news release.Seeking Alpha • Apr 16
Flagstar Financial: The Turnaround Is Working
Summary I maintain a Buy rating on Flagstar Financial due to its discount to tangible book value (TBV) and a progressing turnaround story. The new management's execution in 2024 has shown merit, with efforts to stabilize the balance sheet and improve profitability. Key strategies include reducing operating expenses, improving net interest income, and focusing on core banking services to enhance earnings. Despite macroeconomic risks, the current market price near $10 offers an attractive discount to TBV, with potential upside into the $20s. Read the full article on Seeking AlphaSeeking Alpha • Jan 31
Flagstar Financial: A Speculative Prospect That's Not For The Faint Of Heart
Summary Flagstar Financial, formerly New York Community Bancorp, saw a 15.2% share price surge on January 30th due to improved financial performance and cost-cutting plans. Despite a significant annual loss, Flagstar Financial reported better-than-expected Q4 results, including higher revenue and reduced credit loss provisions. Management's focus on liquidity, debt reduction, and strategic asset adjustments positions Flagstar Financial for potential long-term growth and turnaround. Given the company's turnaround efforts and upside potential, I rate FLG stock as a speculative 'buy' for risk-tolerant investors. Read the full article on Seeking AlphaSeeking Alpha • Jan 21
Flagstar Financial, Formerly NYCB, Looks Like An Interesting Deep Value Play
Summary NYCB, rebranded as Flagstar Financial (FLG), faces significant risks but offers a deep value play for long-term investors despite current negative profitability. FLG's loan portfolio is heavily concentrated in multi-family and commercial real estate, posing risks due to economic downturns and interest rate fluctuations. FLG's valuation metrics, including a price-to-book value of 0.49 and equity-to-market cap ratio of 218.67%, suggest the stock is undervalued. FLG is actively managing credit and liquidity risks, reducing commercial real estate exposure, and focusing on deposit growth to strengthen its balance sheet. Read the full article on Seeking AlphaSeeking Alpha • Jan 09
The Making Of A Value Trap In Flagstar Financial
Summary Flagstar Financial lost another boatload of money in Q3-2024. Estimates keep coming down for 2025 and 2026, as we had previously predicted. We examine the case for investing here and tell you a couple of ways to play this which beat a buy and hold method. Read the full article on Seeking AlphaSeeking Alpha • Dec 10
Flagstar (NYCB): Solvency Assured, Still Valued As If It's An Issue
Summary Flagstar Financial's Q3 results disappointed due to increased loan loss provisions and lower net interest income/margin, but these concerns are overblown and already priced in. Noninterest income is expected to rise significantly, offsetting some of the negative impacts on net interest income and margins. The bank has stabilized with growing deposits, high liquidity, and a shrinking loan-to-deposit ratio, reducing solvency risk. Trading at 60% of tangible book value, Flagstar offers compelling risk/reward with potential 15% annualized returns if it returns to 80% TBV. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
New York Community Bancorp: A New Chapter Begins
Summary New York Community Bancorp (soon Flagstar Financial) is in a transitional phase, marked by asset diversification, deposit growth, and cost reduction efforts. NYCB Q3 results showed a loss of $0.69 per share, poor margins, and mixed asset quality, raising new concerns. NYCB stock trades at a significant discount to tangible book value, but tangible book value has declined sharply this year. The bank's future hinges on management's ability to navigate ongoing challenges and regulatory scrutiny, with the market valuing the stock at $10-$11 feeling comfortable here. What kind of investor are you? Read the full article on Seeking AlphaSeeking Alpha • Sep 27
Value Gap Is Closing For New York Community Bank
Summary NYCB's price still sits at a deep discount to its balance sheet, and due diligence by new management of its loans has raised confidence. The turnaround story focuses on reducing noninterest expenses and growing C&I assets, aiming for $30-35 billion in the next 3-5 years. Rate cuts should modestly increase the equity on the balance sheet, and will improve conditions for distressed borrowers broadly. A soft landing, however, isn't confirmed, and recent actions by former political rivals of company leadership spell out additional risks not necessarily felt by other banks. Read the full article on Seeking AlphaSeeking Alpha • Sep 05
New York Community Bancorp Has Great Potential And Ambitions
Summary New York Community Bancorp almost went bankrupt, which would have wiped out shareholders, leading to some potential resentment. The company has cleaned up its balance sheet, substantially increasing its ALLL, which makes 2024 a transition year for the company. NYCB should be able to grow its NII in upcoming years, which, with a cleaned balance sheet, will enable hefty shareholder returns. Read the full article on Seeking AlphaSeeking Alpha • Jul 26
New York Community Bancorp Q2 Earnings: Lots Of Noise But It Should Survive
Summary NYCB reported a wider-than-expected Q2 earnings loss of $1.05/share, with deposits growing 5.6% and provisions for credit losses at $390 million. Despite challenges in loan portfolio quality and higher cost of funds, NYCB's liquidity remains strong, with potential for earnings recovery in 18 months. Risks include the potential for higher loan loss allowances, but overall, NYCB is a value play with favorable risk/reward profile and potential for 29% IRR over two years. Read the full article on Seeking AlphaSeeking Alpha • Jul 12
New York Community Bancorp: Lower Rates Will Not Save CRE-Exposed Banks If The Economy Slips
Summary New York Community Bancorp is trading at a large discount to its tangible book value, even after accounting for unrealized securities losses. Over the next year and a half, a large portion of NYCB's loans will be adjusted for much higher interest rates, improving its NIM outlook and increasing default risks. Given the continued positive trend in office vacancies and growing recession risks, investors may still underestimate NYCB's exposure to higher loan losses. With a loan-to-deposit ratio over 100% and falling deposits, NYCB's solvency and liquidity risks appear very high, mainly if we assume an economic slowdown or decline. I doubt that Steve Mnuchin's interest in NYCB will necessarily save it, as general excess liquidity appears to fade across the financial sector, limiting sideline cash. Read the full article on Seeking AlphaSeeking Alpha • Jun 17
New York Community Bancorp's Slow And Steady Recovery
Summary New York Community Bank faces bankruptcy risk with a market cap of over $3 billion, 70% below pre-disaster highs. The company focuses on fixing problem loans, building relationships, reducing expenses, and increasing fee income for long-term growth. Forecasts show potential for strong recovery with increased efficiency, EPS growth, and book value per share doubling. Read the full article on Seeking AlphaSeeking Alpha • Jun 11
New York Community Bancorp: Turnaround Story Makes Stock Attractive
Summary NYCB-Flagstar saw a huge crash in its share price, following major dividend cuts amid a lack of liquidity. The new team, led by CEO Joseph Otting and former Secretary of Treasury Steven Mnuchin, is working to improve the portfolio and the operational side. Q1 2024 results showed some losses being absorbed, but the balance sheet remains stable. The biggest and riskiest assets were reassessed in Q1. With more probing to be done in the portfolio, the current price gives some margin of safety on that uncertainty. Read the full article on Seeking AlphaSeeking Alpha • May 01
New York Community Bancorp Q1 Earnings: Better Than Feared
Summary New York Community Bancorp, Inc.'s first quarter results were better than feared, with a loss of $.45 on a GAAP basis. Deposits and liquidity remain stable, with deposits growing since the end of Q1 and liquidity exceeding uninsured deposits. The company's loan book, particularly its office and multifamily portfolio, has undergone a comprehensive review and is expected to out earn worst-case scenarios. Read the full article on Seeking AlphaSeeking Alpha • Mar 18
New York Community Bancorp: The 9% Yielding Preferreds Seem De-Risked And Should Rally
Summary New York Community Bancorp's notes, NYCB.PR.U, currently offers a 9% yield on cost. They're trading for $33.25 per share after a January decline, driven by risks that the Steven Mnuchin-led investment and recent consumer loan sale at a gain have reduced. A 34% discount to their $50 per share liquidation value represents upside to be captured on a return of investor confidence. Read the full article on Seeking AlphaShareholder Returns
| FLG | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.6% | 0.8% | 4.9% |
| 1Y | 26.5% | 28.8% | 21.3% |
Return vs Industry: FLG underperformed the US Banks industry which returned 28.8% over the past year.
Return vs Market: FLG exceeded the US Market which returned 21.3% over the past year.
Price Volatility
| FLG volatility | |
|---|---|
| FLG Average Weekly Movement | 3.8% |
| Banks Industry Average Movement | 3.3% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FLG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FLG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1859 | 5,631 | Joseph Otting | www.flagstar.com |
Flagstar Bank, National Association provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, and non-interest-bearing accounts, as well as certificates of deposit. It offers loan products comprising multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and home equity lines of credit, as well as other consumer loans, including overdraft loans.
Flagstar Bank, National Association Fundamentals Summary
| FLG fundamental statistics | |
|---|---|
| Market cap | US$5.95b |
| Earnings (TTM) | US$15.00m |
| Revenue (TTM) | US$2.03b |
397.6x
P/E Ratio0.8x
P/B RatioIs FLG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FLG income statement (TTM) | |
|---|---|
| Revenue | US$2.03b |
| Cost of Revenue | US$0 |
| Gross Profit | US$2.03b |
| Other Expenses | US$2.02b |
| Earnings | US$15.00m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.036 |
| Gross Margin | 100.00% |
| Net Profit Margin | 0.74% |
| Debt/Equity Ratio | 134.3% |
How did FLG perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield111%
Payout RatioDoes FLG pay a reliable dividends?
See FLG dividend history and benchmarks| Flagstar Bank National Association dividend dates | |
|---|---|
| Ex Dividend Date | Sep 04 2026 |
| Dividend Pay Date | Sep 17 2026 |
| Days until Ex dividend | 29 days |
| Days until Dividend pay date | 42 days |
Does FLG pay a reliable dividends?
See FLG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/05 00:59 |
| End of Day Share Price | 2026/08/05 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Flagstar Bank, National Association is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Jared David Shaw | Barclays |
| Leanne Caravaggio | BMO Capital Markets Equity Research |