Short answer
FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $976M (down 57.7% year over year) with net income of $34M.
Q2 2026 key financials · XBRL
- Revenue
- $976M
- −57.7% YoY · −0.8% QoQ
- Net income
- $34M
- +120.0% YoY · +61.9% QoQ
- EPS (diluted)
- $0.05
- +111.1% YoY · +66.7% QoQ
Source: XBRL data from the FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) Q2 2026 10-Q on SEC EDGAR. USD.
FLAGSTAR BANK, NATIONAL ASSOCIATION Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $34M, up from $21M sequentially; six-month net income $55M vs $170M loss YoY
- Net interest margin 2.13% vs 2.15% prior quarter; net interest income $440M vs $443M
- C&I loans $18.6B, up 22%; weakest multi-family loans $26.9B, down 7% since December 31
- Provision for credit losses $18M vs $0 sequentially, driven by New York rent-freeze action, charge-offs, and C&I growth
- Management cited multifamily and CRE economic pressures, including rent regulation, inflation, and elevated interest rates
Risk Factors
- No risk-factors section provided; quarter-specific risk changes cannot be determined from submitted text
- New $250 million share-repurchase authorization, approved July 2026, introduces capital-allocation execution risk
- No defaults on senior securities reported as of June 30, 2026
- 134,916 shares repurchased for stock-plan tax withholding at average $14.96 during second-quarter 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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