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Flagstar Bank

FLG

Flagstar Bank, National Association is a leading national banking association that provides a comprehensive suite of commercial and retail banking services.

Market cap
$5.95B+19.2%
Revenue$2.0B-15.8%
Net income-$51.0M+94.3%
EPS (diluted)-$0.21+91.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 23, 2026 (in 3 months)
Revenue estimate$565.9M
EPS estimate$0.10

Financials

Q2 2026

Income statement

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Revenue$516.0M+4.0%
Net income$34.0M+149%
EPS (diluted)$0.06+132%

Balance sheet

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Cash & equivalents$5.2B-36.6%
Total debt$23.9B+43.7%
Total equity$8.1B+0.6%
Total assets$87.7B-4.9%

Cash flow

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Operating cash flow$226.0M

Valuation & ratios

Valuation

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Market cap$5.95B+19.2%
Enterprise value$24.67B+83.8%
P/S2.9×

Returns & leverage

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Debt / equity2.9×+0.9×

Competitors

Profile

Flagstar Bank, National Association is a leading national banking association that provides a comprehensive suite of commercial and retail banking services. The company operates through a diverse network of traditional branches and private banking locations, focusing on middle-market commercial lending and high-net-worth relationship management. Its core value proposition centers on delivering personalized financial solutions, mortgage products, and investment services across key metropolitan markets.

Competitive position

A significant regional player with a strong foothold in the New York/New Jersey metropolitan area and the Midwest, characterized by a transition toward a national commercial and private banking model.

GeographiesUnited States, New York, New Jersey, Florida, California
Customer segmentsCommercial enterprises, High-net-worth individuals, Retail consumers
Business modelInterest income, Fee-based services, Relationship banking
SuppliersFederal Reserve Board, Office of the Comptroller of the Currency, Federal Home Loan Bank system, Technology and cybersecurity service providers
CustomersMiddle-market business owners, Apartment building owners in New York City, Residential mortgage borrowers, Retail depositors
Listed1993
Employees7.0K
CEOJoseph Otting
FilingsSEC EDGAR

FAQ

What is Flagstar Bank's market cap?
Flagstar Bank (FLG) has a market capitalization of $5.9B and trades on NYSE.
What is Flagstar Bank's revenue and profitability?
Flagstar Bank generated $2.0B in trailing twelve-month revenue with a net loss of $51.0M, representing a net margin of -18.5%. These figures are based on the Q2 2026 filing.
Who are Flagstar Bank's competitors?
Flagstar Bank's key competitors include JPMorgan Chase & Co., SmartFinancial, Inc., SB Financial Group, Inc., and others. These companies compete in similar markets and product categories.
Who does Flagstar Bank partner with?
Flagstar Bank's notable partners include Federal Home Loan Bank of New York, Federal Home Loan Bank of Indianapolis, National Community Reinvestment Coalition, and others.
Where is Flagstar Bank headquartered?
Flagstar Bank is headquartered in United States of America and employs approximately 6,993 people. It has been publicly traded since 1993.