Professional
Added to YB: 2026-04-16
Pitch date: 2026-04-14
FLG [neutral]
Flagstar Bank, National Association
+0.43%
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
$14.07
Price Target
28.10 (+100%)
Dividend
0.28%
EV/EBITDA
N/A
P/E
-27.83
EV/Sales
N/A
Sector
Banks
Category
turnaround
Black Bear Value Partners Portfolio Holding: Flagstar Financial
FLG (holding update): Post-NYCB crisis turnaround led by ex-Treasury Sec Mnuchin & CEO Otting (OneWest success). Fixed balance sheet hole from multi-family/office RE, raised $1B+ capital. First profitable Q under new mgmt. Trading 83% of conservatively marked TBV vs peers at 120-150% TBV. 45-100% upside over 1-3yrs on re-rating.
Read full article (1 min)