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Stock impact report

Flagstar Financial Shares Slide After Revenue Miss Despite Earnings Beat [Yahoo! Finance]

Flagstar Bank, N.A. (FLG) 
Company Research Source: Yahoo! Finance
reported first-quarter revenue below expectations, despite delivering an earnings beat. The company posted adjusted earnings per share of $0.04, ahead of the $0.03 analyst forecast, while revenue came in at $498 million, missing the $552.9 million consensus estimate. Return to Profitability Flagstar reported net income attributable to common shareholders of $13 million, or $0.03 per diluted share, compared with a net loss of $108 million, or -$0.26 per share, in the same period last year. On an adjusted basis—excluding a $9 million fair value loss tied to an equity investment—net income rose to $20 million, or $0.04 per diluted share. Revenue declined 2% year-on-year from $490 million in the first quarter of 2025. Loan Growth and Deposit Expansion The bank saw solid growth in its commercial and industrial lending portfolio, with C&I loans increasing by $1.4 billion, or 9%, to $16.6 billion compared with the previous quarter. “We are pleased to report another quarter of Show less Read more
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