AI brief of an SEC Form 8-K · Flagstar Bank (FLG)

Flagstar Bank Q1 2026 EPS $0.03 vs $0.05 in Q4 2025, Loss of $0.26 a Year Earlier

Mixed Impact 3 of 5 earnings Written later

Flagstar Bank reported first quarter 2026 net income attributable to common stockholders of $13 million, or $0.03 per diluted share, down from $0.05 in the fourth quarter of 2025 but up from a loss of $108 million, or $0.26 per share, a year earlier. Total revenues fell 11% from the prior quarter, while the bank cut adjusted operating expenses 5% and grew commercial and industrial loans 9%.

Key points

  • GAAP net income to common stockholders was $13 million, or $0.03 per diluted share, versus $21 million, or $0.05, in Q4 2025 and a $108 million loss, or $0.26, in Q1 2025.
  • Adjusted net income to common stockholders was $20 million, or $0.04 per diluted share, excluding a $9 million fair value loss on the Figure Technology Solutions investment.
  • Total revenues were $498 million, down 11% from $557 million in Q4 2025 and up 2% from $490 million in Q1 2025.
  • C&I loans rose $1.4 billion, or 9%, to $16.6 billion, and the CET1 capital ratio increased to 13.24% from 12.83% at December 31, 2025.

The filing

CompanyFlagstar Bank (FLG)
Form8-K, current report
Filed with the SECApr 24, 2026, 6:02 AM ET
Accession number0000910073-26-000035

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.