North Reef Capital Management LP Takes Position in Flagstar Bank, National Association $FLG

North Reef Capital Management LP purchased a new position in Flagstar Bank, National Association (NYSE:FLG) during the 1st quarter, HoldingsChannel reports. The fund purchased 2,790,000 shares of the company’s stock, valued at approximately $36,744,000. Flagstar Bank, National Association makes up approximately 1.3% of North Reef Capital Management LP’s investment portfolio, making the stock its 18th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in Flagstar Bank, National Association by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 7,487,034 shares of the company’s stock valued at $94,277,000 after acquiring an additional 467,053 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Flagstar Bank, National Association by 9.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,731,631 shares of the company’s stock worth $88,645,000 after purchasing an additional 569,003 shares in the last quarter. Alliancebernstein L.P. lifted its stake in Flagstar Bank, National Association by 1,130.1% in the 2nd quarter. Alliancebernstein L.P. now owns 6,635,962 shares of the company’s stock worth $70,341,000 after purchasing an additional 6,096,512 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Flagstar Bank, National Association by 60.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,626,146 shares of the company’s stock worth $58,243,000 after purchasing an additional 1,750,889 shares during the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Flagstar Bank, National Association during the 4th quarter worth approximately $53,216,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Flagstar Bank, National Association

Here are the key news stories impacting Flagstar Bank, National Association this week:

• Positive Sentiment: Flagstar announced a $250 million share repurchase program, which signals confidence in its capital position and can support shareholder value. Flagstar Bank, N.A. Announces $250 Million Share Repurchase Program
• Positive Sentiment: The bank said it posted its third straight quarter of profitability, with pre-provision net revenue improving and expenses down 3% from the prior quarter, showing better operating leverage. Flagstar Bank Reports Second Quarter 2026 Results
• Positive Sentiment: Deposit costs declined and total deposits increased, while C&I loans grew 12% quarter over quarter, suggesting improving core banking momentum. Flagstar Bank Reports Second Quarter 2026 Results
• Neutral Sentiment: On an earnings-call and results basis, Flagstar reported adjusted EPS of $0.05 versus expectations of $0.06, and revenue of $512 million versus estimates of $540.9 million, a modest miss that likely weighed on sentiment. Flagstar Bank (FLG) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Several headlines emphasized that Flagstar lagged consensus EPS and revenue estimates, which is the main reason the stock is reacting lower despite better year-over-year earnings. Flagstar Bank (FLG) Lags Q2 Earnings and Revenue Estimates

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Piper Sandler increased their price target on Flagstar Bank, National Association from $16.50 to $17.50 and gave the company an “overweight” rating in a report on Friday, June 26th. Morgan Stanley lifted their price objective on Flagstar Bank, National Association from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Monday, June 29th. TD Cowen raised Flagstar Bank, National Association from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $15.00 to $18.00 in a research note on Monday, July 6th. Citigroup raised their target price on Flagstar Bank, National Association from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Finally, DA Davidson lifted their price target on Flagstar Bank, National Association from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.96.

Flagstar Bank, National Association Stock Performance

NYSE:FLG opened at $13.85 on Friday. Flagstar Bank, National Association has a fifty-two week low of $10.57 and a fifty-two week high of $15.44. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.90 and a current ratio of 0.90. The company has a 50 day moving average price of $14.51 and a 200 day moving average price of $13.80. The stock has a market capitalization of $5.77 billion, a P/E ratio of 461.53 and a beta of 1.01.

Flagstar Bank, National Association (NYSE:FLG) last announced its earnings results on Friday, July 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Flagstar Bank, National Association had a negative net margin of 1.22% and a negative return on equity of 0.11%. The firm had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $540.87 million. During the same period in the previous year, the firm earned ($0.14) EPS. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. Equities research analysts forecast that Flagstar Bank, National Association will post 0.43 EPS for the current year.

Flagstar Bank, National Association declared that its Board of Directors has approved a share repurchase plan on Friday, July 24th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to repurchase up to 4.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Flagstar Bank, National Association Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Sunday, June 7th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, June 5th. Flagstar Bank, National Association’s payout ratio is currently -18.18%.

Flagstar Bank, National Association Company Profile

Flagstar Financial Corporation (NYSE: FLG) is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels.

The company’s mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels.