Flagstar Bank Q2 FY26 net income rises 62% to $34 million; revenue increases 4% to $516 million - FLG News | RalliesFlagstar Bank Q2 FY26 net income rises 62% to $34 million; revenue increases 4% to $516 million
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FLG• Q2 profit and revenue improve
- Flagstar Bank swung to a Q2 2026 profit of $34 million, compared with a net loss of $70 million a year earlier.
- Net income attributable to common stockholders rose 100% from Q1 to $26 million, lifting diluted EPS to $0.06.
- Total revenues increased 4% from Q1 to $516 million, while non-interest expense fell 3% to $450 million.
Capital and balance sheet metrics
- CET1 capital ratio was 13.16%; a $250 million share repurchase program was announced.
- Balance sheet expanded as C&I loans climbed 12% from Q1 to $18.6 billion, while total deposits rose 1% to $67.5 billion.
