Professional
Added to YB: 2026-02-13
Pitch date: 2026-02-05
FLG [neutral]
Flagstar Bank, National Association
-4.78%
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
$14.03
Price Target
30.70 (+130%)
Dividend
0.28%
EV/EBITDA
N/A
P/E
-27.91
EV/Sales
N/A
Sector
Banks
Category
turnaround
Black Bear Value Partners Portfolio Holding: Flagstar Bank
FLG (holding update): Regional bank w/ balance sheet hole from multifamily/office RE exposure. $1B+ capital raise led by Mnuchin. New CEO Otting (OneWest turnaround post-GFC) delivered 1st profitable Q. Trading 67% of conservatively marked tangible book vs peers at 140-160%. 45-120% upside over 1-3yrs as revaluation occurs.
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