Update: Flagstar Bank Shares Fall After Q3 Results Miss Estimates
MT newswire2026/10/23 18:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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02:46 PM EDT, 10/23/2026 (MT Newswires) -- (Updates with the latest stock move in first paragraph.) Flagstar Bank (FLG) shares were down more than 9% in Friday trading after the firm reported lower-than-expected Q3 results. Earlier, the company posted quarterly adjusted earnings of $0.01 per diluted share, swinging from a loss of $0.07 a year earlier. Analysts polled by FactSet expected $0.07. Total revenue for the quarter ended Sept. 30 were $530 million, compared with $519 million a year earlier. Analysts expected $545.1 million. Price: 10.39, Change: -1.06, Percent Change: -9.22
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