Flagstar Bank (FLG) earnings

FLAGSTAR BANK, NATIONAL ASSOCIATION· Financials

Results to: Jun 2026
Latest analysed call: Sep 2026 (Q3 FY26)
Balance sheet to: Dec 2025

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Flagstar Bank earnings: last reported Fri, 23 Oct 2026, for the quarter ended Sep 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	Unavailable	—	Quarterly, as filed	Quarter to Jun 2026	Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Operating margin	Unavailable	—	Operating profit / revenue	Quarter to Jun 2026	Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Net profit	34.0 $ million	—	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.

Source: Inve data from filed results (SEC filings) · to Jun 2026

Price

$10.38 −9.27% · −$1.06

Last close Oct 23, 2026 · US · USD · Source: Inve

Performance −9.7% 1Y

1Y: $11.5 on 22 Oct 2025 → $10.38. High $15.36 (16 Jul 2026), low $10.38 (23 Oct 2026).

Previous close: $11.44
52-week range: $10.38 – $15.36
One year: −10.21%

Overview

Symbol: FLG
Sector: Financials
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: +149% (quarter to jun 2026 against jun 2025).

In $ million. Oldest period first.

Line item	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Profit before tax	-335	-238	-121	-81	-41	45	32	48
Tax rate	16.4%	21.0%	17.4%	13.6%	12.2%	35.6%	34.4%	29.2%
Net profit	-280	-188	-100	-70	-36	29	21	34
EPS ($ per share)	-0.79	—	-0.26	-0.19	-0.11	—	0.03	0.06

Source: Inve data · income statement, quarterly · to Jun 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	5	5	5	5	7	2	4	4
Reserves	297	342	494	741	1,041	443	-763	-988
Total liabilities	45,244	46,929	49,464	52,483	81,320	105,690	91,992	79,368
Fixed assets	346	313	287	270	491	652	562	477
Investments	—	—	—	—	9,074	9,159	10,416	—
Total assets	51,899	53,641	56,306	59,527	90,144	114,057	100,160	87,512

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	540	510	334	290	1,026	263	86	-181
Cash from investing	-4,020	-2,059	-1,025	-2,762	-6,323	20,673	15,453	2,687
Cash from financing	2,427	816	1,897	2,735	5,168	-11,409	-11,589	-12,088
Net cash flow	—	—	—	263	-129	9,527	3,950	-9,582
Capital expenditure	-10	—	—	—	—	—	—	—
Free cash flow	531	—	—	—	—	—	—	—

Source: Inve data · cash flow · to Dec 2025

FLG operating KPIs by quarter

FLG operating KPIs stated on its earnings calls, by fiscal quarter
KPI	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	340 So 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	—	340 And 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.

Insider filings

33 filings between Dec 1, 2025 and Oct 15, 2026.

Open market

decisions to buy or sell

Purchases

$1.2K

1 purchase by 1 insider

Sales

None

No insider sold shares.

Compensation

not trading decisions

19: Award — granted as compensation
13: Tax withheld — shares kept back by the company to cover tax

Who traded

open market only

Insider	Bought	Sold	Last filing
Raffetto Richard A	$1.2K	—	Dec 4, 2025

Latest filings (50)

Date	Insider	What	Shares	Value
Oct 15, 2026	Buchanan George EVP and Chief Risk Officer	Tax withheld	6,643	$0
Oct 15, 2026	Marx Bryan EVP & Princ Accounting Officer	Tax withheld	2,701	$0
Jul 15, 2026	Marx Bryan EVP & Princ Accounting Officer	Tax withheld	1,259	$0
May 18, 2026	Otting Joseph M Exec Chairman and CEO	Award	749,625	$0
Apr 1, 2026	Miller Eli H Director	Award	7,326	$0
Mar 24, 2026	Davis Reginald E SEVP & Pres Consumer Banking	Tax withheld	923	$0
Mar 24, 2026	Smith Lee Matthew SEVP & Chief Financial Officer	Tax withheld	2,131	$0
Mar 15, 2026	Smith Lee Matthew SEVP & Chief Financial Officer	Award	245,902	$0
Mar 15, 2026	Marx Bryan EVP & Princ Accounting Officer	Award	24,590	$0
Mar 15, 2026	Marx Bryan EVP & Princ Accounting Officer	Tax withheld	3,676	$0
Mar 15, 2026	Gagnon Kris Sr EVP & Chief Credit Officer	Tax withheld	6,051	$0
Mar 15, 2026	Buchanan George EVP and Chief Risk Officer	Award	61,475	$0
Mar 15, 2026	Buchanan George EVP and Chief Risk Officer	Tax withheld	4,368	$0
Mar 15, 2026	Bao Nguyen SEVP, GC & Chf of Staff to CEO	Award	122,951	$0
Mar 15, 2026	Bao Nguyen SEVP, GC & Chf of Staff to CEO	Tax withheld	8,609	$0
Mar 15, 2026	Raffetto Richard A SEVP Pres of Com & Priv Bnking	Award	245,902	$0
Mar 15, 2026	Otting Joseph M Exec Chairman, President & CEO	Award	81,967	$0
Mar 15, 2026	Otting Joseph M Exec Chairman, President & CEO	Tax withheld	43,044	$0
Jan 27, 2026	Lux Marshall Director	Award	9,939	$0
Jan 27, 2026	Puwalski Allen Director	Award	9,939	$0
Jan 27, 2026	Berlinski Milton R. Director	Award	9,939	$0
Jan 27, 2026	MNUCHIN STEVEN T Director	Award	9,939	$0
Jan 27, 2026	DiNello Alessandro Director	Award	9,939	$0
Jan 27, 2026	Frank Alan L Director	Award	9,939	$0
Jan 27, 2026	Whip Jennifer R Director	Award	9,939	$0
Jan 2, 2026	Puwalski Allen Director	Award	15,936	$0
Jan 2, 2026	Whip Jennifer R Director	Award	7,968	$0
Jan 2, 2026	Lux Marshall Director	Award	7,968	$0
Jan 2, 2026	Frank Alan L Director	Award	11,952	$0
Dec 27, 2025	Smith Lee Matthew SEVP & Chief Financial Officer	Tax withheld	16,094	$0
Dec 4, 2025	Raffetto Richard A SEVP Pres of Com & Priv Bnking	Purchase	95	$1.2K
Dec 1, 2025	Smith Lee Matthew SEVP & Chief Financial Officer	Tax withheld	10,674	$0
Dec 1, 2025	Davis Reginald E SEVP & Pres Consumer Banking	Tax withheld	6,138	$0
Oct 15, 2025	Marx Bryan EVP & Princ Accounting Officer	Tax withheld	2,701	$0
Oct 15, 2025	Buchanan George EVP and Chief Risk Officer	Tax withheld	6,198	$0
Sep 4, 2025	Raffetto Richard A SEVP Pres of Com & Priv Bnking	Sale	4	$52
Jul 29, 2025	DiNello Alessandro Director	Gift	40,000	$0
Jul 15, 2025	Marx Bryan EVP & Princ Accounting Officer	Tax withheld	630	$0
Jun 4, 2025	Raffetto Richard A SEVP Pres of Com & Priv Bnking	Code I	92	$1.1K
May 24, 2025	Marx Bryan EVP & Princ Accounting Officer	Tax withheld	789	$0
May 24, 2025	Davis Reginald E Sr EVP & President of Banking	Tax withheld	4,852	$0
Mar 27, 2025	MNUCHIN STEVEN T Director	Option exercise	10,357	—
Mar 27, 2025	MNUCHIN STEVEN T Director	Disposition to issuer	10,357	—
Mar 24, 2025	Smith Lee Matthew SEVP & Chief Financial Officer	Tax withheld	2,131	$0
Mar 24, 2025	Davis Reginald E Sr EVP & President of Banking	Tax withheld	1,398	$0
Mar 22, 2025	Smith Lee Matthew SEVP & Chief Financial Officer	Tax withheld	1,491	$0
Mar 15, 2025	Otting Joseph M Exec Chairman, President & CEO	Award	252,951	$0
Mar 15, 2025	Marx Bryan EVP & Princ Accounting Officer	Award	25,295	$0
Mar 15, 2025	Gagnon Kris Sr EVP & Chief Credit Officer	Award	50,590	$0
Mar 15, 2025	Buchanan George EVP and Chief Risk Officer	Award	16,863	$0

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

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