Cannell & Spears LLC Buys New Shares in Flagstar Bank, National Association $FLG

Cannell & Spears LLC purchased a new stake in Flagstar Bank, National Association (NYSE:FLG) during the 1st quarter, Holdings Channel reports. The firm purchased 135,985 shares of the company’s stock, valued at approximately $1,788,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Flagstar Bank, National Association by 106.8% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 611,191 shares of the company’s stock worth $8,049,000 after buying an additional 315,691 shares during the last quarter. Caxton Associates LLP increased its position in shares of Flagstar Bank, National Association by 83.8% in the first quarter. Caxton Associates LLP now owns 25,414 shares of the company’s stock valued at $335,000 after acquiring an additional 11,588 shares during the last quarter. State of Wyoming increased its position in shares of Flagstar Bank, National Association by 21,075.6% in the first quarter. State of Wyoming now owns 27,740 shares of the company’s stock valued at $365,000 after acquiring an additional 27,609 shares during the last quarter. Signature Equity Partners LLC bought a new stake in Flagstar Bank, National Association during the first quarter worth about $74,000. Finally, Dimensional Fund Advisors LP raised its holdings in Flagstar Bank, National Association by 9.2% during the first quarter. Dimensional Fund Advisors LP now owns 6,731,631 shares of the company’s stock worth $88,645,000 after acquiring an additional 569,003 shares in the last quarter. 67.88% of the stock is owned by institutional investors.

Key Headlines 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

Flagstar Bank, National Association Trading Down 5.9%

Flagstar Bank, National Association stock opened at $13.85 on Friday. Flagstar Bank, National Association has a 52 week low of $10.57 and a 52 week high of $15.44. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $5.77 billion, a P/E ratio of 461.53 and a beta of 1.01. The stock has a 50-day simple moving average of $14.51 and a 200 day simple moving average of $13.80.

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

Flagstar Bank, National Association Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Sunday, June 7th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. Flagstar Bank, National Association’s payout ratio is presently -18.18%.

Flagstar Bank, National Association declared that its board has authorized a stock buyback plan on Friday, July 24th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of research firms have weighed in on FLG. Weiss Ratings restated a “sell (d-)” rating on shares of Flagstar Bank, National Association in a research note on Friday, July 17th. Morgan Stanley upped their price objective on Flagstar Bank, National Association from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. Barclays increased their price objective on Flagstar Bank, National Association from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Wall Street Zen raised shares of Flagstar Bank, National Association from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, UBS Group assumed coverage on shares of Flagstar Bank, National Association in a report on Tuesday, July 7th. They set a “buy” rating and a $18.00 target price on the stock. Nine 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $16.96.

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.