Flagstar Bank (FLG)
Regional bank spanning commercial, multifamily, mortgage, private banking and wealth services.
$12.55
After hours0.00 (0.00%)
At close$12.55(−0.32%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,672 | 1,585 | 1,643 | 1,662 | 1,647 | 1,433 | 1,244 | 1,220 | 1,161 | 1,114 | 1,039 | 1,052 |
| Cost of revenue | 692 | 1,259 | 1,204 | 1,381 | 1,266 | 1,042 | 833 | 788 | 714 | 594 | 541 | 554 |
| Gross profit | 980 | 326 | 439 | 281 | 381 | 391 | 411 | 432 | 447 | 520 | 498 | 498 |
| 712 | 3,143 | 820 | 705 | 716 | 629 | 532 | 513 | 488 | 475 | 466 | 450 | |
| 530 | 549 | 569 | 586 | 602 | 628 | 441 | 419 | 278 | 300 | 278 | 63 | |
| General & administrative | 530 | 549 | 569 | 586 | 602 | 628 | 441 | 419 | 278 | 300 | 278 | 63 |
| Other expenses | 182 | 2,594 | 251 | 119 | 114 | 1 | 91 | 94 | 210 | 175 | 188 | 387 |
| Operating income | 268 | −2,817 | −381 | −424 | −335 | −238 | −121 | −81 | −41 | 45 | 32 | 48 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 1,512 | 1,447 | 1,513 | 1,548 | 1,534 | 1,358 | 1,164 | 1,143 | 1,101 | 1,058 | 984 | 976 |
| Interest expense | 630 | 707 | 889 | 991 | 1,024 | 897 | 754 | 724 | 676 | 591 | 541 | 536 |
| Income before tax | 268 | −2,817 | −381 | −424 | −335 | −238 | −121 | −81 | −41 | 45 | 32 | 48 |
| Income tax expense | 61 | −112 | −54 | −101 | −55 | −50 | −21 | −11 | −5 | 16 | 11 | 14 |
| Net income from continuing operations | 207 | −2,705 | −327 | −323 | −280 | −188 | −100 | −70 | −36 | 29 | 21 | 34 |
| Net income | 207 | −2,705 | −327 | −323 | −280 | −188 | −100 | −70 | −36 | 29 | 21 | 34 |
| EPS, basic | $0.82 | −$11.23 | −$1.36 | −$1.14 | −$0.79 | −$0.55 | −$0.26 | −$0.19 | −$0.11 | $0.05 | $0.03 | $0.06 |
| EPS, diluted | $0.82 | −$11.23 | −$1.36 | −$1.14 | −$0.79 | −$0.54 | −$0.26 | −$0.19 | −$0.11 | $0.05 | $0.03 | $0.05 |
| Weighted average shares, basic | 241 | 241 | 247 | 293 | 367 | 343 | 415 | 415 | 415 | 416 | 416 | 417 |
| Weighted average shares, diluted | 242 | 241 | 247 | 293 | 367 | 349 | 415 | 415 | 415 | 459 | 467 | 474 |
| EBITDA | 315 | −2,771 | −335 | −380 | −286 | −193 | −82 | −44 | −4 | 80 | 67 | 71 |
| Depreciation & amortization | 47 | 46 | 46 | 44 | 49 | 45 | 39 | 37 | 37 | 35 | 35 | 23 |
| EBIT | 268 | −2,817 | −381 | −424 | −335 | −238 | −121 | −81 | −41 | 45 | 32 | 48 |
