Flagstar Bank, N.A. (FLG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Flagstar Bank, N.A.

NYSE•Financial Services•Banks - Regional

$12.58-0.26(-0.02%)Pre-market

Market Cap

$5.28B

P/E

109.9x

P/S

1.2x

P/B

0.6x

Flagstar Bank, National Association provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, and non-interest-bearing accounts, as well as certificates of deposit. It offers loan products comprising multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and home equity lines of credit, as well as other consumer loans, including overdraft loans. The company offers non-deposit investment and insurance products; and online and mobile banking services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as Flagstar Financial, Inc. Flagstar Bank, National Association was founded in 1859 and is headquartered in Hicksville, New York.

How this company scores

WeakMetricSide Score: 41/100

Grade capped at D — Interest coverage below 1× (-0.1x) — earnings cannot cover interest. Strongest: Balance Sheet & Red Flags (14/25); weakest: Growth (8/25).

Profitability8/25

Growth8/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality11/25

Strengths

Rising earningsProfit converts from growthImproving leverage

Grade capped at D

Interest coverage below 1× (-0.1x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 109.9x5y range 7.4x – 109.9x

Currently above its 10-quarter median.

P/S · 1.2x5y range 0.4x – 10.3x

Currently below its 20-quarter median.

P/B · 0.6x5y range 0.3x – 2.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $5.28B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.43B
Q. Revenue: $1.05B
TTM EBITDA: $-80.00M
TTM Op. Income: $-231.00M
Q. Op. Income: $-28.00M
TTM Net Income: $48.00M
Q. Net Income: $34.00M
EPS: $0.06
Shares Out.: $416.83M

$4.43B in TTM revenue declined 21.3% YoY, reaching $1.05B last quarter. TTM EBITDA of $-80.00M and TTM operating income of $-231.00M show growth is flowing through to the bottom line. TTM net income of $48.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 49.0%
EBITDA Margin: -0.5%
Op. Margin: -2.7%
Net Margin: 3.2%

Op. margin of -2.7% is up 10.3% YoY — cost efficiency is improving. Net margin at 3.2% and gross margin of 49.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 79% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 109.9x
P/S Ratio: 1.2x
P/B Ratio: 0.6x

At 109.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.2x and P/B of 0.6x provide additional context. P/E sits above typical market levels while revenue growth is below 5%.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $87.71B
Cash: $5.18B
Long-Term Debt: $6.69B
Book Value: $8.14B
D/E Ratio: 0.8
Debt/EBITDA: N/A

With $87.71B in assets and $6.69B in long-term debt, D/E is 0.8and book value is $8.14B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $226.00M
TTM Free Cash Flow: $68.00M
FCF Margin: 1.5%
FCF / Net Income: 1.4

TTM FCF of $68.00M on $226.00M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 110% — a weakening trend.