Flagstar (FLG) Sheds 4% on Profit-Taking

We precocious published 10 Losing Stocks successful an Otherwise Optimistic Market. Flagstar Bank NA (NYSE:FLG) was 1 of the worst performers connected Wednesday.

Flagstar dropped its stock prices by 4.26 percent connected Wednesday to adjacent astatine $13.50 apiece arsenic investors booked aboriginal profits pursuing an intra-day rally.

During the session, the banal opened astatine $14.20 and deed a time precocious of $14.29, oregon conscionable 1.8-percent shy of its 52-week precocious of $14.54.

In different news, Flagstar Bank NA (NYSE:FLG) is acceptable to wage $0.01 worthy of dividends to each communal shareholders arsenic of March 7, payable connected March 17, 2026.

The aforesaid outgo and grounds dates use to holders of 3 bid of preferred stocks.

According to Flagstar Bank NA (NYSE:FLG), preferred shareholders of its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock Series A are acceptable to person $15.94 for each stock held, oregon equivalent to $0.3984 for each depositary share.

Meanwhile, owners of its Series B Noncumulative Convertible Preferred Stock and Series D Non-Voting Common Equivalent Stock would expect $3.3333 worthy of dividends for each stock they own.

Flagstar Bank NA (NYSE:FLG) is 1 of the largest determination banks successful the US, with $87.5 cardinal of assets, $61 cardinal of loans, $66 cardinal of deposits, and $8.1 cardinal of full stockholders’ equity, arsenic of December 31, 2025.

While we admit the imaginable of FLG arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.