Filing Flows › Flagstar Bank, National Association (FLG) › Q2 2025
Flagstar Bank, National Association (FLG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Flagstar Bank, National Association (FLG) reported revenue of $496M for the second quarter 2025 (Q2 2025), -26% from a year earlier and +1% from the quarter before. Operating margin was -16.3%, net loss $70.0M (14.1% of revenue).
Flagstar Bank, National Association, Q2 2025: revenue $496M (-26% year over year), operating margin -16.3%, net loss $70.0M, operating cash flow $355M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $496M | +1% | -26% |
| Operating profit | −$81.0M | — | — |
| Net earnings | −$70.0M | — | — |
| Operating cash flow | $355M | — | -55% |
What changed
Revenue was $496.0M in Q2 2025, down 26% year over year and up 1% from the previous quarter. Net interest income was the largest line at 84% of revenue. Net interest income lost $138.0M year over year (down 25%), 79% of the total change.
Operating costs exceeded revenue by $81.0M, an operating margin of -16.3%. Total costs fell 47% while revenue fell 26%. The quarter ended with a net loss of $70.0M, narrower than the previous quarter's $100.0M loss.
Operating cash flow was $355.0M (down 55% year over year). Non-cash charges added back $37.0M of depreciation and amortization and $14.0M of share-based compensation. Working capital and other items added $374.0M.
Questions
What was Flagstar Bank, National Association's revenue in the second quarter 2025?
Flagstar Bank, National Association (FLG) reported revenue of $496M for the second quarter 2025 (Q2 2025), -26% from a year earlier and +1% from the quarter before.
Was Flagstar Bank, National Association profitable in the second quarter 2025?
Operating loss was $81.0M (-16.3% of revenue) and net loss $70.0M.
Source: Flagstar Bank, National Association 10-Q on SEC EDGAR.