Added to YB: 2025-10-31
Pitch date: 2025-10-29
FLG-PA [neutral]
Flagstar Bank, National Association
+16.77%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$5.9B
Pitch Price
$11.44
Price Target
N/A
Dividend
0.28%
EV/EBITDA
N/A
P/E
-27.91
EV/Sales
N/A
Sector
Banks
Category
turnaround
Watchlist Radar - Flagstar Financial
FLG-PA (watchlist): Former NYCB community bank raised $1B capital to address rent-controlled multifamily/office losses. New mgmt under Joseph Otting, sold non-core assets, remarked loan book. Trades 0.7x tangible BV vs peers at premium to book. Balance sheet stabilized, earnings inflecting up.
Read full article (1 min)