Wait, check the ticker first. If you’re looking for the new york community bank stock price today, you might notice things look a bit different on your dashboard. The bank basically rebranded its market presence under the Flagstar Bank name, trading as FLG on the New York Stock Exchange. As of the market close on Friday, January 16, 2026, the stock sat at $12.89.
It’s been a wild ride. Honestly, anyone who followed this stock through the drama of 2024 knows that "stability" wasn't exactly the word of the day back then. But today? The vibe is different. The stock saw a tiny dip of about 0.77% in the last session, moving between a day high of $13.01 and a low of $12.82.
Why the FLG Pivot Matters for Your Portfolio
Most people still type in the old name, but the shift to Flagstar isn't just cosmetic. It was a survival move. After the regional banking jitters a couple of years back, New York Community Bancorp had to look in the mirror and decide what it wanted to be when it grew up.
Basically, they leaned into the Flagstar identity to distance themselves from the heavy commercial real estate (CRE) exposure that almost took them out. You've probably seen the headlines about Manhattan rent-controlled apartments—that was their bread and butter, and for a minute, it tasted like dirt.
The Numbers You Actually Care About
Let's talk cold, hard stats. The market cap is hovering around $5.36 billion. That’s a long way from its "glory days," but it’s a lot sturdier than the basement-level pricing we saw during the 2024 liquidity crunch.
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- 52-Week High: $13.85
- 52-Week Low: $9.15
- Earnings Per Share (EPS): -$1.03 (Yeah, still some red ink here)
- Dividend Yield: 0.31%
That dividend is basically a rounding error at this point. They slashed it to a penny—$0.01 per share—to preserve capital. If you’re here for the passive income, you’re about two years too late or five years too early.
The "Rent Freeze" Ghost and NYC Exposure
Kinda scary thought: a lot of the bank's health is still tied to the New York City political climate. Just last summer, news about pro-tenant political wins sent a shiver through the stock. Why? Because if the owners of those rent-stabilized buildings can't raise rents, they might struggle to pay back the loans Flagstar (the artist formerly known as NYCB) holds.
Investors are watching the "loan loss provisions" like hawks. It's the money the bank sets aside because they expect some people won't pay them back. In late 2024, those provisions jumped, which is why the stock took an 8% dive in a single day back then. We’re seeing a bit more stabilization now, but the ghost of the NYC property market still haunts the halls.
What the Big Money Is Saying
Wall Street is cautiously optimistic, which is finance-speak for "we're watching, but we aren't betting the house yet." Cantor Fitzgerald recently bumped their price target to $16.00. They see some upside. On the flip side, plenty of analysts have been revising their earnings estimates downward for this upcoming quarter.
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It’s a tug-of-war.
On one side, you have the "recovery play" crowd. They see a bank that has shed its risky mortgage servicing business (sold to Mr. Cooper Group) and is trying to act like a boring, standard regional bank. Boring is good in banking. On the other side, you have the skeptics who think the -12.40 P/E ratio is a sign that there are still skeletons in the closet.
Is It a Buy? The Reality Check
Look, if you're looking at the new york community bank stock price today as a lottery ticket, you might be disappointed. This is a grinding recovery. The bank delayed its profitability goals into 2026 after a string of losses.
We are in that year now.
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The focus has shifted to the "Private Bank" expansion. They’re hiring new leadership and trying to grab wealthy clients who want a more boutique experience. It's a pivot away from the risky stuff and toward "sticky" deposits.
Actionable Insights for Investors
If you’re holding or thinking about jumping in, here’s how to play it:
- Watch the Jan 30 Earnings: The next big catalyst is the earnings report at the end of this month. If they beat that -$0.40 EPS consensus, expect a pop.
- Monitor the "Sticky" Deposits: Forget the stock price for a second. Look at their balance sheet. If people are pulling their cash out, the price won't matter. If deposits are growing, the floor is solid.
- Check the Real Estate Index: Since so much of their book is NYC-based, any major shift in Manhattan property values is a leading indicator for FLG.
Keep an eye on that $13.36 mark. That was a recent 52-week high. Breaking past that with high volume would signal that the market finally trusts the "new" bank. Until then, it's a game of patience and watching the rent-regulation headlines in the Big Apple.
The strategy here is simple: stop looking for the old NYCB. It’s gone. You’re trading a restructured regional player that is trying to prove it can be boring again. In this economy, boring might just be the most profitable thing there is.
Immediate Steps to Take
- Check your ticker: Update your watchlists from NYCB to FLG to ensure you're getting real-time data.
- Set an alert at $14.00: This is the psychological resistance level. A clean break above this would suggest the recovery is entering its next phase.
- Review the loan loss provision: When the Q4 2025 results drop in a few weeks, go straight to the "provision for credit losses" section of the report. If that number is shrinking, the worst of the CRE crisis is likely in the rearview mirror.