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

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

Flagstar Bank, National Association Trading Down 5.9%

Shares of Flagstar Bank, National Association stock opened at $13.85 on Friday. The stock has a 50 day moving average price of $14.51 and a two-hundred day moving average price of $13.80. 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 PE ratio of 461.53 and a beta of 1.01.

Flagstar Bank, National Association (NYSE:FLG) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The business had revenue of $512.00 million during the quarter, compared to the consensus estimate 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%. The firm’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.14) EPS. As a group, equities analysts anticipate that Flagstar Bank, National Association will post 0.43 earnings per share for the current fiscal year.

Flagstar Bank, National Association Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on FLG. Piper Sandler upped their price objective on Flagstar Bank, National Association from $16.50 to $17.50 and gave the company an “overweight” rating in a research note on Friday, June 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Flagstar Bank, National Association in a report on Friday, July 17th. Royal Bank Of Canada increased their price target on Flagstar Bank, National Association from $15.00 to $16.00 and gave the company a “sector perform” rating in a research note on Monday, April 27th. UBS Group started coverage on shares of Flagstar Bank, National Association in a research report on Tuesday, July 7th. They set a “buy” rating and a $18.00 price objective for the company. Finally, Barclays upped their price target on shares of Flagstar Bank, National Association from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.96.

More Flagstar Bank, National Association News

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

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.