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Flagstar Financial (FLG)
NYSE:FLG
Earnings Data
Report Date
Apr 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
-0.26Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a clear positive trajectory: the bank returned to profitability, delivered meaningful pre‑provision revenue improvement and operating leverage, expanded NIM (adjusted), strengthened capital and liquidity, materially reduced CRE exposure, and showed momentum in C&I origination. Key challenges include elevated payoff activity that reduced near-term NII and balance sheet size, concentrated risks and maturities in the NYC multifamily/CRE portfolio, near-term delinquency volatility, and sizable CD maturities that create funding rollover risk. Management presented concrete remediation and growth plans (further deleveraging of wholesale funding, continued ACL strength, expense controls, and targeted C&I growth), and emphasized that many credit metrics are improving.Company Guidance
Return to Profitability
Adjusted net income of $30 million in Q4 2025 (adjusted EPS $0.06 per diluted share) versus a net loss of $0.07 per diluted share in the prior quarter; unadjusted net income reported as $0.05 per diluted share. Management emphasized this as the first profitable quarter since Q3 2023.
Pre-Provision Net Revenue Growth and Operating Leverage
Adjusted pre-provision pre-tax net revenue increased by $45 million quarter-over-quarter (unadjusted improvement of $51 million QoQ), delivering positive operating leverage of approximately 900 basis points.
Net Interest Margin Expansion
Net interest margin improved 23 basis points QoQ to 2.14% including a $20 million one-time hedge gain; excluding that benefit, NIM was 2.05%, a 14 basis point QoQ increase.
Strong C&I Origination Momentum
C&I commitments rose 28% to $3.0 billion and originations increased 22% to $2.1 billion in the quarter; net C&I loan growth was $343 million (2% linked quarter, ~9% annualized). Management highlighted build-out of origination team and pipeline.
Substantial Reduction in CRE Exposure and Improved Liquidity
Total CRE balances declined by $12.1 billion (25%) since year-end 2023 to about $36 billion; CRE concentration ratio down ~120 percentage points to 381% (now below 400%). Cash and securities rose to 25% of total assets. Brokered deposits were reduced roughly $8 billion during the year and an additional $1.7 billion were paid off in Q4.
Capital and Reserve Strength
CET1 capital ratio increased by nearly 400 basis points to 12.83%, providing approximately $2.1 billion of excess capital pretax (about $1.4 billion after tax) above the 10.5% target floor. Allowance for credit losses (ACL) coverage remained ~1.79% and multifamily reserve coverage was 1.83% overall (3.44% for units >50% rent-regulated).
Credit Quality Improvement
Criticized and classified loans decreased $330 million QoQ (down $2.9 billion year-to-date). Nonaccrual loans declined $267 million QoQ to $3.0 billion. Net charge-offs fell $27 million QoQ (down 37%) to $46 million and the provision for loan losses decreased by $35 million QoQ.
Expense Discipline
Core operating expenses showed material year-over-year improvement (management cited approximately $700 million reduction versus prior year). Management reaffirmed expense guidance for 2026 of $1.5 billion–$1.8 billion and expects further cost optimization through severance, technology efficiencies and real estate actions.
FLG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 30, 2026 | $13.54 | $13.22 | -2.36% |
Oct 24, 2025 | $11.55 | $12.10 | +4.76% |
Jul 25, 2025 | $12.03 | $11.37 | -5.49% |
Apr 25, 2025 | $11.24 | $11.70 | +4.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Flagstar Financial (FLG) report earnings?
Flagstar Financial (FLG) is schdueled to report earning on Apr 24, 2026, Before Open (Confirmed).
What is Flagstar Financial (FLG) earnings time?
Flagstar Financial (FLG) earnings time is at Apr 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLG EPS forecast?
FLG EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.