FLG

Flagstar slashes its 2026 and 2027 NII and EPS outlook, citing higher credit costs and slower balance-sheet growth, while pushing its profitability targets to 2028.

FLG shares fell over 9.2% on the day management linked a $12.9 billion rent-regulated apartment loan book to frozen rents and rising cap rates. An investigation is underway. NEW YORK, Oct.

Regional banking company Flagstar Financial (NYSE:FLG) missed Wall Street’s revenue expectations in Q3 2026, but sales rose 6.4% year on year to $530 million. Its non-GAAP profit of $0.01 per share was 85.9% below analysts’ consensus estimates.

Flagstar Financial’s third quarter was marked by ongoing progress in commercial loan and deposit growth, but the market reacted negatively to results that fell short of Wall Street’s expectations.

Flagstar Bank National Association (FLG) is back in focus after reporting third quarter 2026 net charge-offs of $74 million, slightly above the $73 million recorded in the same period last year. The share price reaction has been sharp.

Shares of regional banking company Flagstar Financial (NYSE:FLG) fell 5.9% in the morning session after the company reported third-quarter 2026 financial results that fell short of Wall Street's revenue and earnings expectations.

Flagstar Bank National Association just posted Q3 2026 earnings and the stock reaction was blunt. The share price dropped 9.3% on the day to US$10.38 after the release, extending a slide over the past month and quarter.

Moby summary of Flagstar Financial, Inc.'s Q3 2026 earnings call

Bank shifts strategy as higher rates delay profitability goals to 2028.

The New York-based regional bank now expects to achieve its strategic objectives in 2028, a year later than previously expected, as higher interest rates weigh on profits.