Flagstar Bank, National Association FLG
NYSE FLG
$11.67 -0.17 (-1.44%)
As of: Sep 30, 2026 · 3:59 PM EDT

Flagstar Bank, National Association (FLG) Operating Expenses (2009 - 2026)

Updated

Flagstar Bank, National Association (FLG) reported Operating Expenses of $450 million for Q2 2026, down 12.3% from $513 million a year earlier and down 3.4% from the prior quarter.

Analysis

Flagstar Bank, National Association (FLG) Operating Expenses (2009 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Flagstar Bank, National Association's Operating Expenses came in at $1.95 billion, down 21.5% year-over-year; for FY2025, it came in at $2.08 billion, down 26.8% from FY2024.

  • Operating Expenses has a five-year compound annual growth rate of 32.4% (FY2020 to FY2025).
  • By year, Operating Expenses came in at $2.84 billion in FY2024 (-43.0%), $4.98 billion in FY2023 (+628.2%), $684 million in FY2022 (+26.4%) and $541 million in FY2021 (+5.9%).
  • The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q4 2022.
  • Year over year, Operating Expenses has now declined in each of the last seven quarters, with an average decline of 26.1% over the last eight quarters.
  • The high point for year-over-year Operating Expenses in five years was Q3 2023 (growth of 423.5%); the low point was Q4 2024 (a decline of 77.1%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at $466 million (Q1 2026), $509 million (Q4 2025) and $522 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Jpmorgan Chase 890.60 Bn 920.07 Bn - 27.32 Bn
2 Banco Santander Chile 421.74 Bn 541.68 Bn - -3,218.32 Bn
3 Bank Of America 385.85 Bn -1,990.22 Bn - 18.63 Bn
4 Hsbc Holdings 345.94 Bn 345.99 Bn - -
5 Morgan Stanley 303.15 Bn -205.95 Bn - 13.90 Bn
6 Royal Bank Of Canada 279.82 Bn 130.57 Bn - 7.02 Bn
7 Mitsubishi Ufj Financial 274.62 Bn -1,313.87 Bn 10.89 Bn 17.50 Bn
8 Goldman Sachs 267.07 Bn -3,290.04 Bn - 11.67 Bn
9 Wells Fargo & Company 243.79 Bn 245.93 Bn - 13.66 Bn
10 Flagstar Bank, National Association 4.94 Bn 4.94 Bn - 450.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 450.00 Mn
Mar 31, 2026 466.00 Mn
Dec 31, 2025 509.00 Mn
Sep 30, 2025 522.00 Mn
Jun 30, 2025 513.00 Mn
Mar 31, 2025 532.00 Mn
Dec 31, 2024 718.00 Mn
Sep 30, 2024 716.00 Mn
Jun 30, 2024 705.00 Mn
Mar 31, 2024 699.00 Mn
Dec 31, 2023 3.13 Bn
Sep 30, 2023 712.00 Mn
Jun 30, 2023 661.00 Mn
Mar 31, 2023 476.00 Mn
Dec 31, 2022 269.00 Mn
Sep 30, 2022 136.00 Mn
Jun 30, 2022 138.00 Mn
Mar 31, 2022 141.00 Mn
Dec 31, 2021 135.00 Mn
Sep 30, 2021 135.00 Mn
API Access

Flagstar Bank, National Association Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=FLG&period=max&api_key=YOUR_API_KEY