Flagstar Bank, National Association (NYSE:FLG) to Repurchase $250.00 million in Outstanding Stock

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

Flagstar Bank, National Association Stock Down 5.9%

Shares of FLG traded down $0.86 during trading hours on Friday, hitting $13.85. The company had a trading volume of 11,375,148 shares, compared to its average volume of 4,277,657. The company has a market capitalization of $5.77 billion, a PE ratio of -62.94 and a beta of 1.01. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.47. Flagstar Bank, National Association has a one year low of $10.57 and a one year high of $15.44. The company’s fifty day moving average price is $14.51 and its two-hundred day moving average price is $13.80.

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

Flagstar Bank, National Association Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have commented on FLG. Piper Sandler lifted their price objective on shares of Flagstar Bank, National Association from $16.50 to $17.50 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Citigroup raised their target price on shares of Flagstar Bank, National Association from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. DA Davidson lifted their price target on shares of 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. Morgan Stanley increased their price objective on shares of Flagstar Bank, National Association from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 29th. Finally, JPMorgan Chase & Co. upped their price objective on Flagstar Bank, National Association from $15.50 to $17.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $16.96.

Flagstar Bank, National Association News Summary

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

Flagstar Bank, National Association Company Profile

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.