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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.
NEW YORK, Oct. 28, 2026 /PRNewswire/ -- Flagstar Bank, N.A. (NYSE: FLG) (the "Bank") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Bank's common stock.
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.
Flagstar Financial Inc. (NYSE:FLG) on Friday posted mixed results for the third quarter.
We had previously called Flagstar (FLG) a value trap (twice actually). We review the entire story from the beginning. We go over the Q3-2026 results which solidify our case.
Flagstar Bank reported weaker-than-expected Q3 earnings, driven by higher credit loss provisions and a 2.7% sequential decline in book value. FLG's commercial and industrial loan segment showed robust growth, with balances reaching $20.6 billion, up 38% year-over-year. Management reduced net interest income guidance to $1,815–$1,830 million, citing asset quality deterioration and persistent rate pressures.
Flagstar Bank, National Association (FLG) Q3 2026 Earnings Call Transcript
Flagstar Financial Inc. (NYSE:FLG) shares are dipping Friday after a split third-quarter report: earnings fell short of estimates while revenue beat them. Here's what you should know.