FLG Flagstar Bank (FLG) Q1 FY26 earnings call
Flagstar Bank reported a second consecutive quarter of profitability, driven by strong C&I loan growth and disciplined expense management. While the bank updated its NII and EPS guidance downward for 2026 and 2027 due to accelerated CRE payoffs and lower retention of resetting loans, management emphasized that the strategic plan remains on track, with the changes primarily representing a delay in achieving targets. The bank continues to focus on balance sheet diversification, credit quality improvement, and maintaining industry-leading capital levels, with potential capital distributions expec
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FLG operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Common equity tier 1 ratio (CET1) | — | 13.16%And finally, we ended the quarter with a 13.16% CET1 capital ratio, comfortably one of the strongest CET1 ratios of any other regional bank and a driving factor behind our stock buyback announcement.Source: earnings call transcript | 12.38%On the capital slide, you can see that at 12.38%, our CET1 ratio continues to rank among the top quartile in our peer group.Source: earnings call transcript | -0.8 pt |
| Net interest margin | 2.15%First quarter NIM increased 10 basis points quarter-over-quarter to 2.15% after adjusting for the recognition of a onetime hedge gain of $21 million in the fourth quarter.Source: earnings call transcript | 2.13%The second quarter NIM of 2.13% compared to 2.15% in the first quarter but was impacted by an extra day in the quarter.Source: earnings call transcript | 2.17%Our NIM expanded four basis points in 3Q versus 2Q to 2.17%, with the September NIM coming in at 2.23%.Source: earnings call transcript | 0 pt |
| Occupancy rate New York City rent-regulated multifamily | 97%At March 31, this tranche of the portfolio totaled $8.8 billion, down 4% compared to the previous quarter and has an occupancy rate of 97% and a current LTV of 70%.Source: earnings call transcript | 97%This portfolio has an occupancy rate of 97%, a current LTV of 70%.Source: earnings call transcript | — | 0 pt |
| Branches | 340So we feel that that's an area where we can continue to bring in more deposits and then leveraging our 340 bank branches as well.Source: earnings call transcript | — | 340And we want to leverage our relationships, particularly from a commercial lending point of view, from a private banking point of view, and then leveraging the 340 bank branches that we have to drive, not just the non-interest-bearing, but the interest-bearing deposits as well.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.