secwatch.observer — SEC 8-K summary
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Issuer:     FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG)
CIK:        0000910073
Form:       8-K
Filed at:   2026-07-24T10:08:02+00:00
Accession:  0000910073-26-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flagstar Bank Q2 net income $0.06/diluted share; announces $250M buyback
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910073/000091007326000065/0000910073-26-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910073/000091007326000065/nycb-20260724.htm
  HTML page:      https://secwatch.observer/filing/0000910073-26-000065

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