Flagstar Bank NA reports results for the quarter ended June 30 - Earnings Summary
Flagstar Bank NA reports results for the quarter ended June 30 - Earnings Summary
Flagstar Bank NA FLG.N reported quarterly adjusted earnings of 5 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 2 cents to 10 cents per share.
Revenue rose 5% to $440.00 million from a year ago; analysts expected $491.61 million.
Flagstar Bank NA's reported EPS for the quarter was 6 cents.
The company reported quarterly net income of $26 million.
Flagstar Bank NA shares had fallen by 1.5% this quarter and gained 16.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 30.7% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Flagstar Bank NA is $17.00, about 13.5% above its last closing price of $14.71
This summary was machine generated from LSEG data July 24 at 11:01 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.07 | 0.05 | Missed |
Mar. 31 2026 | 0.03 | 0.04 | Beat |
Dec. 31 2025 | 0.02 | 0.06 | Beat |
Sep. 30 2025 | -0.07 | -0.07 | Met |
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