The financials
Flagstar Bank, National Association by the numbers
Flagstar Bank, National Association (FLG) reported revenue of $984M in Q1 2026 (quarter ended March 31, 2026), down 15% from the same quarter a year earlier. That came with net income of $21M (2.1% of revenue). For the full year FY2025, revenue was $4.47B (−25% year on year) and net income −$177M.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $984M | $1.16B | −15% |
| Net income | $21M | −$100M | to a profit |
| Diluted EPS | $0.03 | −$0.26 | to a profit |