Filing Flows › Flagstar Bank, National Association (FLG) › Q3 2025
Flagstar Bank, National Association (FLG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Flagstar Bank, National Association (FLG) reported revenue of $519M for the third quarter 2025 (Q3 2025), -17% from a year earlier and +5% from the quarter before. Operating margin was -7.9%, net loss $36.0M (6.9% of revenue).
Flagstar Bank, National Association, Q3 2025: revenue $519M (-17% year over year), operating margin -7.9%, net loss $36.0M, operating cash flow $243M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $519M | +5% | -17% |
| Operating profit | −$41.0M | — | — |
| Net earnings | −$36.0M | — | — |
| Operating cash flow | $243M | -32% | — |
What changed
Revenue was $519.0M in Q3 2025, down 17% year over year and up 5% from the previous quarter. Net interest income was the largest line at 82% of revenue. Net interest income lost $85.0M year over year (down 17%), 82% of the total change.
Operating costs exceeded revenue by $41.0M, an operating margin of -7.9%. Total costs fell 42% while revenue fell 17%. The quarter ended with a net loss of $36.0M, narrower than the previous quarter's $70.0M loss.
Operating cash flow was $243.0M. Non-cash charges added back $36.0M of depreciation and amortization and $17.0M of share-based compensation. Working capital and other items added $226.0M.
Questions
What was Flagstar Bank, National Association's revenue in the third quarter 2025?
Flagstar Bank, National Association (FLG) reported revenue of $519M for the third quarter 2025 (Q3 2025), -17% from a year earlier and +5% from the quarter before.
Was Flagstar Bank, National Association profitable in the third quarter 2025?
Operating loss was $41.0M (-7.9% of revenue) and net loss $36.0M.
Source: Flagstar Bank, National Association 10-Q on SEC EDGAR.