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Other financials

Income statement

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Revenue$516.0M+4.0%
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
CapEx$11.0M+1,000%
Free cash flow$3.0B+1,543%

Valuation

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Market cap$5.96B+20.2%
Enterprise value$24.69B+83.9%
P/S2.9×

Profitability

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Net margin-18.5%-8.5pp
FCF margin97.8%

Returns & leverage

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Return on equity-4.7%-2.2pp
Debt / equity2.9×+0.9×

Where this comes from

Reported directly by Flagstar Bank in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Flagstar Bank’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000910073-26-000068
(in millions, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total non-interest expense4505139161,045
Income (loss) before income taxes48(81)80(202)
Income tax expense (benefit)14(11)25(32)
Net income (loss)$34$(70)$55$(170)
Preferred stock dividends881616
Net income (loss) attributable to common stockholders$26$(78)$39$(186)
Basic earnings (loss) per common share$0.06$(0.19)$0.09$(0.45)
Diluted earnings (loss) per common share$0.06$(0.19)$0.08$(0.45)

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Flagstar Bank's net income?
Flagstar Bank (FLG) reported net income of $34M in Q2 2026.
How has Flagstar Bank's net income changed year-over-year?
Flagstar Bank's net income increased by 148.6% year-over-year, from -$70M to $34M.
What is the long-term trend for Flagstar Bank's net income?
Over 3 years (2021 to 2024), Flagstar Bank's net income has grown at a 23.3% compound annual growth rate (CAGR), from $596M to -$1.12B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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