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Compared to Estimates, Flagstar Bank (FLG) Q1 Earnings: A Look at Key Metrics
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Flagstar Bank (FLG - Free Report) reported $498 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 1.6%. EPS of $0.04 for the same period compares to -$0.23 a year ago.
The reported revenue represents a surprise of -10.61% over the Zacks Consensus Estimate of $557.14 million. With the consensus EPS estimate being $0.03, the EPS surprise was +19.4%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Flagstar Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 2.2% compared to the 2.3% average estimate based on seven analysts.
Book value per common share (GAAP): $18.28 compared to the $17.93 average estimate based on six analysts.
Efficiency Ratio: 93.7% compared to the 85.5% average estimate based on six analysts.
Net charge-offs to average loans: 0.5% versus the six-analyst average estimate of 0.4%.
Average Balances - Interest earning assets: $83.31 billion compared to the $85.21 billion average estimate based on six analysts.
Total Nonperforming Assets: $2.68 billion compared to the $2.54 billion average estimate based on three analysts.
Total Non-performing loans: $2.68 billion compared to the $2.45 billion average estimate based on two analysts.
Total risk-based capital ratio: 16.7% compared to the 16.3% average estimate based on two analysts.
Tier 1 risk-based capital ratio: 14.1% versus the two-analyst average estimate of 13.8%.
Leverage Capital Ratio: 9.6% versus 9.3% estimated by two analysts on average.
Net Interest Income: $443 million versus the seven-analyst average estimate of $476.38 million.
Total non-interest income (loss): $55 million compared to the $81.8 million average estimate based on seven analysts.
Shares of Flagstar Bank have returned +8.5% over the past month versus the Zacks S&P 500 composite's +8.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Flagstar Bank (FLG) Q1 Earnings: A Look at Key Metrics
Flagstar Bank (FLG - Free Report) reported $498 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 1.6%. EPS of $0.04 for the same period compares to -$0.23 a year ago.
The reported revenue represents a surprise of -10.61% over the Zacks Consensus Estimate of $557.14 million. With the consensus EPS estimate being $0.03, the EPS surprise was +19.4%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Flagstar Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Flagstar Bank here>>>
Shares of Flagstar Bank have returned +8.5% over the past month versus the Zacks S&P 500 composite's +8.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.