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FLAGSTAR BANK, NATIONAL ASSOCIATION FLG

NYSE · stock · Savings Institutions, Not Federally Chartered · website · IPO 1993-11-23 · LEI

FLAGSTAR BANK, NATIONAL ASSOCIATION statistics & valuation

P / B0.8×
Net debt$8.2B
Enterprise value USD$14.6B

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
8.10% 6.90% 6.30% 5.90% 7.50% 8.50% 7.40% -0.90% -13.70% -2.20% 2016201720182019202020212022202320242025
Shares outstanding
865.9M 868.4M 866.3M 830.8M 824.7M 826.7M 1.21B 427.9M 414.9M 416.0M 2016201720182019202020212022202320242025
Net debt ($)
$19.30B $9.79B -$3.75B $8.18B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.00% 0.90% 0.80% 0.70% 0.90% 1.00% 0.70% -0.10% -1.10% -0.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2055.60% 4089.90% 1782.30% 2016201720182019202020212022202320242025
Debt / equity (×)
2.42× 2.54× 1.43× 1.01× 2016201720182019202020212022202320242025
EPS ($)
$0.57 $0.51 $0.44 $0.43 $0.57 $0.68 $2.12 -$0.28 -$3.49 -$0.50 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FLAGSTAR BANK, NATIONAL ASSOCIATION trades at about 6.7× earnings — below its 10-year norm (10-year range 14.1×–83.9×, median 76.6×).

6.7× 83.9×

Shaded band = 10-year range (14.1×–83.9×); dot = today's 6.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin2407.4%2591.3%2322.7%1362.1%1419.2%1467.9%1516.6%
FCF margin1782.3%4089.9%2055.6%
Return on assets-0.2%-1.1%-0.1%0.7%1.0%0.9%0.7%0.8%0.9%1.0%
Return on equity-2.2%-13.7%-0.9%7.4%8.5%7.5%5.9%6.3%6.9%8.1%
Debt / equity1.01×1.43×2.54×2.42×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.