Earnings ·
Flagstar Bank, National Association reported second quarter 2026 net income of $34 million, or $0.06 per diluted…
FLG-PUFlagstar Bank, National Association
Flagstar Bank, National Association reported second quarter 2026 net income of $34 million, or $0.06 per diluted share, marking its third consecutive quarter of profitability. The Bank's Board of Directors authorized a new common stock repurchase program for up to $250 million over the next 12 months. Key financial metrics for the quarter included total assets of $87.7 billion, total deposits of $67.5 billion, and a CET1 capital ratio of 13.16%. Commercial and industrial loans grew 12% quarter-over-quarter to $18.6 billion, while the commercial real estate portfolio continued to decline as part of a strategic de-risking effort. Flagstar Bank is a regional financial services company providing commercial and retail banking services.