Fifth Third Bancorp boosted its holdings in shares of Flagstar Bank, National Association (NYSE:FLG – Free Report) by 1,908.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 69,056 shares of the company’s stock after buying an additional 65,617 shares during the quarter. Fifth Third Bancorp’s holdings in Flagstar Bank, National Association were worth $909,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. UMB Bank n.a. increased its stake in shares of Flagstar Bank, National Association by 23.6% in the fourth quarter. UMB Bank n.a. now owns 3,766 shares of the company’s stock worth $47,000 after acquiring an additional 719 shares during the period. Allworth Financial LP boosted its holdings in Flagstar Bank, National Association by 8.6% in the fourth quarter. Allworth Financial LP now owns 10,994 shares of the company’s stock valued at $138,000 after purchasing an additional 869 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Flagstar Bank, National Association by 6.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 16,060 shares of the company’s stock valued at $185,000 after purchasing an additional 936 shares during the last quarter. Collar Capital Management LLC grew its position in Flagstar Bank, National Association by 0.9% during the 4th quarter. Collar Capital Management LLC now owns 117,025 shares of the company’s stock worth $1,473,000 after purchasing an additional 1,075 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Flagstar Bank, National Association by 6.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 19,106 shares of the company’s stock worth $241,000 after purchasing an additional 1,127 shares during the period. 67.88% of the stock is currently owned by institutional investors and hedge funds.
Flagstar Bank, National Association Stock Performance
NYSE FLG opened at $13.85 on Monday. The stock has a market capitalization of $5.77 billion, a price-to-earnings ratio of 461.53 and a beta of 1.01. Flagstar Bank, National Association has a twelve month low of $10.57 and a twelve month high of $15.44. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.43. The stock has a 50-day moving average of $14.51 and a 200 day moving average of $13.81.
Flagstar Bank, National Association declared that its board has authorized a share buyback program on Friday, July 24th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to purchase up to 4.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.
Key Stories 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
Analysts Set New Price Targets
Several brokerages have recently issued reports on FLG. Morgan Stanley boosted their price objective on Flagstar Bank, National Association from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 29th. TD Cowen raised Flagstar Bank, National Association from a “hold” rating to a “buy” rating and raised their target price for the stock from $15.00 to $18.00 in a report on Monday, July 6th. JPMorgan Chase & Co. lifted their price target 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. Cantor Fitzgerald boosted their price target on Flagstar Bank, National Association from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Finally, Royal Bank Of Canada upped their price objective on Flagstar Bank, National Association from $15.00 to $16.00 and gave the stock a “sector perform” rating in a research report on Monday, April 27th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.96.
Check Out Our Latest Analysis on Flagstar Bank, National Association
Flagstar Bank, National Association 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.
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