SummitTX Capital L.P. Makes New Investment in Flagstar Bank, National Association $FLG

Posted by Geri Gentry on Jul 31st, 2026

SummitTX Capital L.P. acquired a new position in shares of Flagstar Bank, National Association (NYSE:FLG – Free Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 67,658 shares of the company’s stock, valued at approximately $891,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FLG. Sippican Capital Advisors grew its position in Flagstar Bank, National Association by 100.1% during the fourth quarter. Sippican Capital Advisors now owns 148,805 shares of the company’s stock worth $1,873,000 after buying an additional 74,425 shares in the last quarter. One William Street Capital Management L.P. increased its stake in Flagstar Bank, National Association by 95.1% in the fourth quarter. One William Street Capital Management L.P. now owns 400,000 shares of the company’s stock valued at $5,036,000 after acquiring an additional 195,000 shares during the period. Interval Partners LP bought a new stake in Flagstar Bank, National Association in the fourth quarter valued at about $11,632,000. Norges Bank acquired a new position in Flagstar Bank, National Association in the fourth quarter worth about $44,046,000. Finally, BW Gestao de Investimentos Ltda. acquired a new position in Flagstar Bank, National Association in the fourth quarter worth about $12,590,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

Flagstar Bank, National Association Stock Performance

NYSE:FLG opened at $14.26 on Friday. Flagstar Bank, National Association has a 1 year low of $10.57 and a 1 year high of $15.44. The firm has a 50 day moving average of $14.56 and a 200-day moving average of $13.84. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.43. The stock has a market capitalization of $5.94 billion, a P/E ratio of 475.20 and a beta of 1.01.

Flagstar Bank, National Association (NYSE:FLG – Get Free Report) last released its quarterly earnings results on Friday, July 24th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Flagstar Bank, National Association had a return on equity of 0.98% and a net margin of 1.08%.The business had revenue of $512.00 million for the quarter, compared to the consensus estimate of $539.34 million. During the same quarter last year, the company earned ($0.14) earnings per share. The firm’s revenue was up 4.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Flagstar Bank, National Association will post 0.36 EPS for the current fiscal year.

Flagstar Bank, National Association announced that its Board of Directors has authorized a share buyback plan on Friday, July 24th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the company to purchase up to 4.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Flagstar Bank, National Association Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Monday, September 7th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Flagstar Bank, National Association’s payout ratio is currently 133.33%.

Analyst Ratings Changes

FLG has been the topic of a number of recent research reports. Citigroup lifted their price objective on Flagstar Bank, National Association from $17.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Cantor Fitzgerald increased their target price on Flagstar Bank, National Association from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Morgan Stanley increased their price objective on Flagstar Bank, National Association from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. Truist Financial raised Flagstar Bank, National Association from a “hold” rating to a “buy” rating and lifted their price objective for the company from $13.50 to $17.00 in a report on Tuesday, April 7th. Finally, Wall Street Zen upgraded shares of Flagstar Bank, National Association from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Flagstar Bank, National Association has a consensus rating of “Moderate Buy” and an average target price of $16.79.

Get Our Latest Stock Report on FLG

Flagstar Bank, National Association 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.