Flagstar Bank, National Association (NYSE:FLG) Authorizes Share Buyback Program

Flagstar Bank, National Association (NYSE:FLG) announced that its board has authorized a share buyback program on Friday, July 24th, RTT News reports. The company plans to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 4.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Flagstar Bank, National Association Trading Down 5.9%

FLG stock opened at $13.85 on Friday. The company has a market capitalization of $5.77 billion, a PE ratio of -62.94 and a beta of 1.01. Flagstar Bank, National Association has a one year low of $10.57 and a one year high of $15.44. The company’s 50 day moving average price is $14.51 and its two-hundred day moving average price is $13.80. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.90 and a current ratio of 0.90.

Flagstar Bank, National Association (NYSE:FLG) last announced its quarterly earnings data on Friday, July 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Flagstar Bank, National Association had a negative net margin of 1.22% and a negative return on equity of 0.11%. The business had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $540.87 million. During the same period last year, the company posted ($0.14) EPS. Flagstar Bank, National Association’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, analysts predict that Flagstar Bank, National Association will post 0.43 earnings per share for the current fiscal year.

Flagstar Bank, National Association Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Sunday, June 7th were issued a $0.01 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. Flagstar Bank, National Association’s payout ratio is currently -18.18%.

Wall Street Analyst Weigh In

Several research analysts have commented on FLG shares. Citigroup raised their price target on shares of Flagstar Bank, National Association from $17.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Wall Street Zen upgraded Flagstar Bank, National Association from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. Piper Sandler lifted their price objective on Flagstar Bank, National Association from $16.50 to $17.50 and gave the company an “overweight” rating in a research note on Friday, June 26th. Morgan Stanley lifted their price objective on Flagstar Bank, National Association from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 29th. Finally, DA Davidson upped their target price on Flagstar Bank, National Association from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.96.

Key Stories Impacting Flagstar Bank, National Association

Here are the key news stories impacting Flagstar Bank, National Association this week:

• Positive Sentiment: Flagstar announced a $250 million share repurchase program, which signals confidence in its capital position and can support shareholder value. Flagstar Bank, N.A. Announces $250 Million Share Repurchase Program
• Positive Sentiment: The bank said it posted its third straight quarter of profitability, with pre-provision net revenue improving and expenses down 3% from the prior quarter, showing better operating leverage. Flagstar Bank Reports Second Quarter 2026 Results
• Positive Sentiment: Deposit costs declined and total deposits increased, while C&I loans grew 12% quarter over quarter, suggesting improving core banking momentum. Flagstar Bank Reports Second Quarter 2026 Results
• Neutral Sentiment: On an earnings-call and results basis, Flagstar reported adjusted EPS of $0.05 versus expectations of $0.06, and revenue of $512 million versus estimates of $540.9 million, a modest miss that likely weighed on sentiment. Flagstar Bank (FLG) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Several headlines emphasized that Flagstar lagged consensus EPS and revenue estimates, which is the main reason the stock is reacting lower despite better year-over-year earnings. Flagstar Bank (FLG) Lags Q2 Earnings and Revenue Estimates

About Flagstar Bank, National Association

Flagstar Financial Corporation (NYSE: FLG) is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels.

The company’s mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels.