Norges Bank Purchases New Shares in Flagstar Bank, National Association $FLG

Posted by George Bondi on Jun 9th, 2026

Norges Bank purchased a new stake in shares of Flagstar Bank, National Association (NYSE:FLG – Free Report) during the 4th quarter, Holdings Channel reports. The fund purchased 3,498,468 shares of the company’s stock, valued at approximately $44,046,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FLG. JPMorgan Chase & Co. increased its position in shares of Flagstar Bank, National Association by 310.8% during the third quarter. JPMorgan Chase & Co. now owns 3,825,713 shares of the company’s stock worth $44,187,000 after acquiring an additional 2,894,424 shares during the period. Allianz Asset Management GmbH increased its stake in shares of Flagstar Bank, National Association by 28.0% during the third quarter. Allianz Asset Management GmbH now owns 184,470 shares of the company’s stock valued at $2,131,000 after buying an additional 40,374 shares during the period. TD Asset Management Inc increased its stake in shares of Flagstar Bank, National Association by 134.3% during the third quarter. TD Asset Management Inc now owns 155,084 shares of the company’s stock valued at $1,791,000 after buying an additional 88,890 shares during the period. Polar Asset Management Partners Inc. increased its stake in shares of Flagstar Bank, National Association by 268.4% during the third quarter. Polar Asset Management Partners Inc. now owns 345,953 shares of the company’s stock valued at $3,996,000 after buying an additional 252,053 shares during the period. Finally, Sippican Capital Advisors increased its stake in shares of Flagstar Bank, National Association by 100.1% during the fourth quarter. Sippican Capital Advisors now owns 148,805 shares of the company’s stock valued at $1,873,000 after buying an additional 74,425 shares during the period. 67.88% of the stock is owned by hedge funds and other institutional investors.

Flagstar Bank, National Association Price Performance

NYSE:FLG opened at $14.08 on Tuesday. Flagstar Bank, National Association has a one year low of $10.38 and a one year high of $14.92. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of -63.98 and a beta of 1.02. The firm’s fifty day moving average is $13.89 and its two-hundred day moving average is $13.27.

Flagstar Bank, National Association (NYSE:FLG – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. Flagstar Bank, National Association had a negative net margin of 1.22% and a negative return on equity of 0.11%. The company had revenue of $507.00 million for the quarter, compared to analyst estimates of $556.74 million. During the same period in the prior year, the company earned ($0.26) earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. Research analysts expect that Flagstar Bank, National Association will post 0.46 EPS for the current year.

Flagstar Bank, National Association Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Sunday, June 7th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, June 5th. Flagstar Bank, National Association’s dividend payout ratio is currently -18.18%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Keefe, Bruyette & Woods upgraded Flagstar Bank, National Association from a “market perform” rating to an “outperform” rating and raised their price target for the company from $14.00 to $16.00 in a research note on Friday, March 13th. Piper Sandler lifted their price objective on shares of Flagstar Bank, National Association from $16.00 to $16.50 and gave the company an “overweight” rating in a report on Monday, April 27th. Morgan Stanley lifted their price objective on shares of Flagstar Bank, National Association from $14.00 to $16.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Flagstar Bank, National Association in a report on Tuesday, April 21st. Finally, DA Davidson lifted their price objective on shares of Flagstar Bank, National Association from $16.00 to $17.00 and gave the company a “buy” rating in a report on Monday, April 27th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $15.42.

View Our Latest Stock Analysis on Flagstar Bank, National Association

Flagstar Bank, National Association Company Profile

(Free Report)

Flagstar Financial Corporation (NYSE: FLG) is a bank holding company whose principal subsidiary, Flagstar Bank, provides a range of financial services across the United States. Headquartered in Troy, Michigan, Flagstar combines commercial banking, mortgage lending and servicing, and deposit products to serve individuals, businesses and public entities. As a publicly traded company, Flagstar leverages its banking charter and national mortgage platform to deliver tailored financial solutions through both digital and branch channels.

The company’s mortgage business is one of the largest residential originators and servicers in the nation, offering retail, wholesale and correspondent lending channels.