earnings
confidence high
sentiment positive
materiality 0.75
Flagstar Bank Q2 net income $0.06/diluted share; announces $250M buyback
FLAGSTAR BANK, NATIONAL ASSOCIATION
- Net income attributable to common stockholders $26M ($0.06/diluted) vs $13M ($0.03) in Q1 2026 and net loss of $78M ($0.19) in Q2 2025.
- Pre-provision net revenue (PPNR) of $66M, up 106% from $32M in Q1 2026; adjusted PPNR $62M, up 51%.
- Operating expenses down 3% QoQ to $427M; positive operating leverage of 7%.
- CET1 capital ratio 13.16%; Board authorized $250M common stock repurchase program over 12 months.
- C&I loans grew $2.0B (12% QoQ) to $18.6B; total deposits up $689M; net interest margin 2.13%.