Flagstar Bank, National Association (FLG)

In the past six months, Flagstar Bank's stock has been influenced by several key events, including a 12% loss attributed to softer quarterly results, contrasting with the S&P 500's gain. A corporate restructuring occurred with the merger of Flagstar Financial Inc. into Flagstar Bank, N.A., simplifying the corporate structure. Earnings reports have impacted the stock, with reported net losses in both the second and third quarters of 2025. Cantor Fitzgerald raised its price target on Flagstar Bank to $16.00, and a Deutsche Bank analyst's comment led to a jump in the share price. A director of Flagstar Bank reported receiving an equity award of 11,952 shares. Flagstar Bank completed the sale of its residential mortgage servicing business to Mr. Cooper Group Inc. for approximately $1.3 billion in cash, which was expected to increase the company's CET1 capital ratio.

While specific details on the demand seasonality for Flagstar Bank's individual products and services are not explicitly provided, general banking products like deposits tend to have relatively stable demand throughout the year. Loan products, particularly mortgages, can exhibit some seasonality, often seeing increased activity during the spring and summer months. The provided data primarily focuses on stock seasonality, which displays mean and median monthly returns to identify seasonal patterns in the stock price rather than the underlying demand for the bank's offerings.

Flagstar Bank, National Association (FLG) is a regional bank offering a range of banking products and services across the United States, operating in the Financials sector, specifically in the Banks - Regional industry, serving individuals, small and mid-size businesses, and professional associations. Its major products include deposit offerings like checking, money market, savings, and certificates of deposit. On the lending side, Flagstar provides multi-family loans, commercial real estate loans, and consumer loans, and also offers non-deposit investment and insurance products, alongside online and mobile banking services.

Headquartered in Hicksville, New York, Flagstar Bank operates approximately 340 to 400 locations across nine states, maintaining strong footholds in the greater New York/New Jersey metropolitan region and the upper Midwest, with a significant presence in fast-growing markets in Florida and the West Coast. While its retail presence is concentrated in these regions, Flagstar's mortgage division conducts business nationally.

Flagstar Bank has garnered positive recognition, being ranked as the 6th Largest Bank Mortgage Originator in Q3 2024 and a Top 50 Mortgage Company in 2022. NerdWallet recognized Flagstar as the Best Overall Mortgage Lender in 2024, and the company was listed among the Top Workplaces by the Detroit Free Press in 2023. Flagstar Bank announced an expansion of its Specialized Industries Group and Flagstar Private Bank expanded its wealth capabilities. However, the bank's reputation has faced challenges, including exposure to troubled New York City rent-regulated real estate loans and material weaknesses in its internal controls for loan review, as well as reported net losses and stock underperformance.

Flagstar Bank has a significant level of institutional ownership, ranging from approximately 89.69% to 91.32% of its stock, with major holders including Liberty 77 Capital L.P., BlackRock, Inc., and The Vanguard Group, Inc. Individual insider ownership is lower, with Steven T. Mnuchin identified as the largest individual shareholder, owning 75.01 million shares, representing 18.04% of the company. Overall, insider ownership is reported to be around 0.78% to 43.76%.