Flagstar BANK, National Association (FLG) intrinsic value & 10-year financials
Flagstar BANK, National Association (FLG) has a Graham intrinsic value of $2.46 per share. At $11.08 on Oct 17, 2026, the stock trades 350% above that value.
- Graham intrinsic value
- $2.46
- Share price (Oct 17, 2026)
- $11.08
- Price vs Graham value
- 350% above
- Market cap
- $4.6B
- Revenue (FY2025)
- —
- Revenue growth (10-yr CAGR)
- -3.1%
- ROIC (10-yr avg)
- 1.5%
- Free cash flow (FY2025)
- —
FLG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | — | -$177.0M | -$0.50 | — | — | -1.5% |
| FY2024 | — | -$1.1B | -$3.49 | — | — | -8.0% |
| FY2023 | — | -$79.0M | -$0.16 | — | — | -0.3% |
| FY2022 | $27.0M | $650.0M | $1.26 | — | — | 2.6% |
| FY2021 | $23.0M | $596.0M | $1.20 | — | — | 2.8% |
| FY2020 | $22.0M | $511.1M | $1.02 | — | — | 3.8% |
| FY2019 | $29.3M | $395.0M | $0.77 | — | — | 6.7% |
| FY2018 | $29.8M | $422.4M | $0.79 | $530.5M | — | 3.7% |
| FY2017 | $31.8M | $466.2M | $0.90 | $1.3B | — | 2.6% |
| FY2016 | $32.7M | $495.4M | $1.01 | $671.5M | — | 2.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
FLAGSTAR BANK, NATIONAL ASSOCIATION revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
FLAGSTAR BANK, NATIONAL ASSOCIATION has historically struggled to out-earn its cost of capital, averaging just 1.5% ROIC.
Over the decade, FLAGSTAR BANK, NATIONAL ASSOCIATION shows that management has aggressively returned capital to shareholders by retiring 14.4% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, FLAGSTAR BANK, NATIONAL ASSOCIATION is modeled at -3.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.46 per share.