News & Events zu Flagstar Bank NA (FLG)FLGFlagstar Bank NA

Flagstar Bank Q2 Revenue $516M, Below Expectations

Reports Q2 revenue $516M, consensus $542.69M. Reports Q2 tangible book value per share $17.51. Reports Q2 CET1 capital ratio 13.16%.Commenting on the bank's second quarter 2026 performance, Executive Chairman and Chief Executive Officer, Joseph Otting stated, "Flagstar's second quarter operating performance reflects our third consecutive quarter of profitability and improved earnings and represents continued progress on our path to transforming into a top-performing regional bank. During the quarter, we made considerable strides diversifying our balance sheet, reaching an important inflection point in asset growth, as total assets increased 3% on an annualized basis compared to the first quarter, driven by overall growth in our loan portfolio."

Flagstar Bank Approves $250M Stock Repurchase Program

Flagstar Bank announced that its board of directors has authorized a common stock repurchase program under which the bank may repurchase up to $250M of its outstanding common stock over the next 12-month period.