Welcome to our dedicated page for Flagstar Bank, National Association news (Ticker: FLG), a resource for investors and traders seeking the latest updates and insights on Flagstar Bank, National Association stock.
Flagstar Bank, National Association reports regional banking developments for its NYSE-listed common stock under FLG. The bank provides consumer and commercial banking, mortgage lending, private banking, and wealth management through a branch and private-client presence concentrated in the New York/New Jersey metropolitan region, the upper Midwest, Florida, and West Coast markets.
Recurring updates cover quarterly results, loan and deposit trends, credit quality, commercial real estate exposure, capital ratios, common and preferred stock dividends, credit-rating actions, board appointments, investor presentations, technology infrastructure modernization, and private banking office expansion.
Flagstar Bank (NYSE: FLG) declared a quarterly cash dividend of $0.01 per share on its common stock, payable September 17, 2026, to shareholders of record on September 7, 2026. The Board also approved quarterly dividends on Series A, B and D preferred/convertible shares.
According to Flagstar Bank, Series A Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock (NYSE: FLG PRA) will receive $15.94 per preferred share, or $0.3984 per depositary share. Series B Noncumulative Convertible Preferred Stock and Series D Non-Voting Common Equivalent Stock will each receive $3.3333 per share, all payable September 17, 2026, to holders of record on September 7, 2026. At June 30, 2026, the Bank reported $87.7 billion in assets, $61.2 billion in loans, $67.5 billion in deposits and $8.1 billion in total stockholders' equity.
Flagstar Bank (NYSE: FLG) reported second quarter 2026 net income of $34 million versus $21 million in first quarter 2026 and a net loss of $70 million a year ago. Net income attributable to common stockholders was $26 million, or $0.06 per diluted share, with adjusted net income of $23 million, or $0.05 per diluted share, excluding a $4 million gain on sale of its Figure Technology Solutions equity investment.
The Bank announced a new $250 million share repurchase program and recorded its third consecutive profitable quarter. Pre-provision net revenue rose to $66 million from $32 million, while adjusted PPNR increased to $62 million, up 51%. Total C&I loans grew $2.0 billion, or 12%, to $18.6 billion, offsetting continued planned declines in multi-family and CRE exposure, which fell $1.5 billion. Deposits increased $689 million, all from core deposits, while deposit costs fell 5 basis points and overall cost of funds declined 7 basis points as wholesale borrowings were reduced by $250 million.
Asset quality metrics were mixed: criticized/classified loans fell $143 million and substandard loans decreased 6%, but non-accrual loans increased $123 million and annualized net charge-offs rose to 0.66% of average loans. Flagstar ended the quarter with a CET1 capital ratio of 13.16%, excess capital of about $1.6 billion using a 10.5% CET1 target, book value per share of $18.31 and tangible book value per share of $17.51.
Flagstar Bank (NYSE: FLG) announced that its Board of Directors has authorized a common stock repurchase program allowing the bank to buy back up to $250 million of its outstanding common stock over the next 12 months. The bank said the authorization reflects its strong capital position and commitment to long-term shareholder value and notes that its capital levels are well above regulatory requirements.
Repurchases may occur via open-market purchases, including under Rule 10b5-1 trading plans, or privately negotiated transactions, and can be modified, suspended, or discontinued at any time. At June 30, 2026, Flagstar reported $87.7 billion in assets and stockholders' equity of $8.1 billion.
Flagstar Bank (NYSE: FLG) will release second quarter 2026 earnings for the three and six months ended June 30, 2026 at approximately 6:00 a.m. ET on July 24, 2026, followed by an 8:00 a.m. ET conference call and webcast.
The call uses conference ID 5857240, with domestic dial-in (888) 596-4144 and international (646) 968-2525. Replay is available July 24–28, 2026. At March 31, 2026, Flagstar reported $87.1 billion in assets and 340 locations across nine states.
Flagstar Bank (NYSE: FLG) announced a major technology transformation, securing proprietary rights to its Flagstar S2 Platform™ and patent-pending StarIQ enterprise AI system for regulated financial services.
The S2 Platform unifies three legacy banks and six data centers, while StarIQ enables secure, governed multi-model AI using providers like Anthropic Claude, Meta Llama, Mistral and Amazon Titan on AWS, secured by Palo Alto Networks.
As of March 31, 2026, Flagstar reported $87.1 billion in assets, $60.7 billion in loans, $66.8 billion in deposits and $8.1 billion in stockholders' equity across approximately 340 locations in nine states.
Flagstar Bank (NYSE: FLG) reported preliminary results of its 2026 Annual Shareholders' Meeting, where shareholders approved all four proposals.
Approvals included electing eight directors to one-year terms, ratifying KPMG as 2026 auditor, a say-on-pay vote, and amending the 2020 Omnibus Incentive Plan. Nearly 90% of outstanding shares were voted. As of March 31, 2026, Flagstar held $87.1 billion in assets, $60.7 billion in loans, $66.8 billion in deposits, and $8.1 billion in equity across about 340 locations in nine states.
Flagstar Bank (NYSE:FLG) will participate in the Morgan Stanley U.S. Financials Conference on June 10, 2026, in New York City.
Executive leaders, including the CEO and co-presidents, will join a fireside chat at 3:15 p.m. ET, accessible via live audio webcast and replay on the bank's investor relations website.
Flagstar Bank (NYSE: FLG) extended Executive Chairman and CEO Joseph Otting’s employment agreement in his CEO role through March 6, 2028, citing a return to profitability and a focus on stability and succession. The bank also named Richard Raffetto and Lee Smith as Co-Presidents and Co-COOs and announced several legal and audit leadership changes.
At March 31, 2026, Flagstar had $87.1 billion in assets, $60.7 billion in loans, $66.8 billion in deposits, and $8.1 billion in stockholders’ equity.
Flagstar Bank (NYSE: FLG) will 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 hold a fireside chat at 3:15 p.m. BST (10:15 a.m. ET).
The session will be live-streamed in listen-only format at the bank's investor site; a replay will be archived through 5:00 p.m. on June 2, 2026. At March 31, 2026, the bank reported $87.1 billion in assets, $60.7 billion of loans, $66.8 billion of deposits, and $8.1 billion of stockholders' equity.
Flagstar Bank (NYSE: FLG) declared quarterly cash dividends for common and three preferred series, payable June 17, 2026, to holders of record as of June 7, 2026.
The Board set a $0.01 per-share common dividend and quarterly preferred dividends: Series A $15.94 per share ($0.3984 per depositary share), Series B $3.3333 per share, and Series D $3.3333 per share. At March 31, 2026, the bank reported $87.1B assets, $60.7B loans, $66.8B deposits, and $8.1B stockholders' equity.