Flagstar Bank, National Association (FLG) Expected to Announce Earnings on Friday

Key Points

• Flagstar is expected to report Q3 2026 results before market open on October 23. Analysts forecast earnings of $0.0723 per share and revenue of $545.12 million; the conference call is scheduled for 8:00 a.m. ET.
• The bank’s previous quarter fell short of expectations, with EPS of $0.05 versus $0.06 expected and revenue of $512 million versus $539.34 million forecast. Revenue still rose 4% year over year.
• Flagstar authorized a $250 million share buyback, while analyst sentiment remains a “Moderate Buy” with an average price target of $15.96, well above the recent $11.24 share price.

Flagstar Bank, National Association (NYSE:FLG - Get Free Report) is projected to post its Q3 2026 results before the market opens on Friday, October 23rd. Analysts expect Flagstar Bank, National Association to post earnings of $0.0723 per share and revenue of $545.12 million for the quarter. Investors can find conference call details on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 23, 2026 at 8:00 AM ET.

Flagstar Bank, National Association (NYSE:FLG - Get Free Report) last released its earnings results on Friday, July 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $512.00 million for the quarter, compared to analysts' expectations of $539.34 million. Flagstar Bank, National Association had a net margin of 1.08% and a return on equity of 0.98%. Flagstar Bank, National Association's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.14) earnings per share. On average, analysts expect Flagstar Bank, National Association to post $0.28 EPS for the current fiscal year and $1.17 EPS for the next fiscal year.

Flagstar Bank, National Association Stock Performance

Flagstar Bank, National Association stock opened at $11.24 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $4.67 billion, a P/E ratio of 138.88 and a beta of 1.05. The stock's 50 day moving average is $12.83 and its 200 day moving average is $13.76. Flagstar Bank, National Association has a twelve month low of $10.57 and a twelve month high of $15.44.

Flagstar Bank, National Association announced that its board has approved a stock buyback program on Friday, July 24th that authorizes the company to buy back $250.00 million in shares. This repurchase authorization authorizes the company to purchase up to 4.1% of its shares through open market purchases. Share repurchase programs are often an indication that the company's management believes its shares are undervalued.

Flagstar Bank, National Association Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Monday, September 7th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Friday, September 4th. Flagstar Bank, National Association's payout ratio is 133.33%.

Analyst Ratings Changes

A number of brokerages recently issued reports on FLG. Wall Street Zen cut shares of Flagstar Bank, National Association from a "hold" rating to a "sell" rating in a research note on Saturday, September 26th. Royal Bank Of Canada cut their price objective on shares of Flagstar Bank, National Association from $15.00 to $13.00 and set a "sector perform" rating on the stock in a research report on Friday, October 9th. Truist Financial reduced their price objective on shares of Flagstar Bank, National Association from $17.00 to $15.00 and set a "buy" rating for the company in a research note on Friday, October 9th. Barclays decreased their target price on shares of Flagstar Bank, National Association from $17.00 to $15.00 and set an "overweight" rating for the company in a report on Monday, October 5th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Flagstar Bank, National Association from $15.50 to $14.00 and set a "neutral" rating for the company in a report on Thursday, October 1st. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $15.96.

About Flagstar Bank, National Association

Flagstar Bank, National Association is the principal banking subsidiary of Flagstar Financial, Inc NYSE: FLG. The bank provides a range of financial services to consumers, businesses and institutional clients, including deposit accounts, residential and commercial lending, consumer loans, credit products and treasury management services.

Flagstar also has a significant mortgage banking business, offering home purchase and refinancing loans through retail, broker and correspondent channels.

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