FLG Flagstar Financial Inc.

$FLG We did a deep dive on Flagstar Bank. ✂️ The bank cut its 2027 profit guide to $400 million to $500 million from $800 million to $900 million, about 47% at the midpoints, and pushed the old goals to 2028 ⚠️ Credit is the bear case, since loans 30 to 89 days late jumped 44% to $530 million and a city rent freeze began October 1 as $8.4 billion of apartment loans mature or reset in 2027 📈 The bull case is a delay, not a loss, because at $10.38 the stock trades at 6 to 6.5 times the 2028 earnings goal and about 67% of tangible book value with warrants 🏦 A 12.38% core capital ratio sits $1.2 billion above 10.5%, the low end of its target range, which leaves room to absorb losses while the plan plays out 📅 Fourth-quarter results, due around late January 2027, test whether profit lands in the $18 million to $28 million the 2026 guide leaves and the provision stays within the implied $66 million to $76 million Full report linked in the replies.

$FLG I hope everyone is shorting this right now. Super excited for a quick recovery the market realizes this thing is still not going down.

$FLG Short interest up 7.3 million shares. Welcome back skeptics and hedgers. Thank you for the cheap LEAPs and common shares.

$FLG Truist Securities analyst David Smith maintains Flagstar Bank (NYSE:FLG) with a Buy and lowers the price target from $17 to $15. I will take $15

$FLG 09:09 AM EDT, 10/27/2026 (MT Newswires) -- Flagstar Bank (FLG) has an average rating of overweight and mean price target of $14.11, according to analysts

Fitch Ratings downgraded Flagstar Bank’s outlook to Negative from Stable, citing deteriorating credit quality and repeated earnings forecast cuts. The agency affirmed its Long-Term Issuer Default and Viability Ratings at BB+, supported by solid capital buffers and ongoing balance-sheet de-risking. Third-quarter results showed elevated credit costs, rising criticized and classified assets, and weaker profitability, with return on average assets at just 0.06%. Criticized and classified loans rose 6% sequentially, while nonperforming loans remained high at 4.6%, reflecting continued pressure on commercial real estate and New York City’s rent-regulated multifamily portfolio. Flagstar has reduced legacy real estate exposure through $1.2 billion in loan charge-offs, helping lower multifamily balances by 4% and overall commercial real estate loans by 2%. Its estimated CET1 capital ratio stood at 12.4%, down 80 basis points sequentially. $FLG

On Friday, 5 reports: $FLG miss — $0.01 vs $0.07 est. $RITM beat — $0.55 vs $0.50 est. $SLB beat — $0.64 vs $0.61 est. · revenue beat ($9.45B vs $9.27B est.) $INFY miss — $0.20 vs $0.21 est. · revenue beat ($492.44B vs $492.09B est.) $GRC beat — $0.86 vs $0.70 est. (+23%) 3 beats, 2 misses.

$FLG Cantor Fitzgerald analyst Dave Rochester maintains Flagstar Bank (NYSE:FLG) with a Overweight and lowers the price target from $17 to $16.

$FLG Today after close we find out how much the short position increased. I'm guessing 5 million shares. Fascinating to watch.

$FLG Q3 EPS was 0.01 dollars vs 0.06 dollars expected (Zacks). Revenue was 530 million dollars, net interest income rose 5% sequentially to 460 million dollars and NIM ticked up 4 basis points to 2.17%. Credit ate the progress though. Provision for credit losses jumped to 76 million dollars from 18 million in Q2, tied to higher rates and the NYC rent-regulated multifamily book. C&I loans still grew 11% to 20.6 billion dollars and adjusted PPNR rose 6% to 66 million dollars. Management also pushed full realization of its long-term objectives out to 2028, from 2027 before.

$FLG Flagstar halves its 2027 profit guide to $400–500M from $800–900M. ✂️ Regional lender Flagstar Bank's investor deck, filed with its Q3 release, says its 2027 financial objectives have shifted to 2028: 2027 adjusted EPS guidance drops to $0.85–$0.95 from $1.60–$1.70, and the old 2027 net income and EPS targets become the 2028 forecast, with a higher 2028 loan-loss provision of $150–200M 📉 At $11.44 (16:00 ET, October 22, 2026, market value about $4.75B), the stock trades at about 12–13.5 times the new 2027 adjusted EPS guide, against about 7 times the old one 📈 On the other side, 2028 keeps the old profit targets, the $11.44 close (16:00 ET, October 22, 2026) is 74% of $15.56 tangible book per share with warrants ($17.05 without), and 12.38% CET1 sits $1.2B above its 10.5% target floor 📅 Next: Q4 results will test the 2026 net income guide, cut to $85–95M from $225–300M Source: SEC 8-K investor deck + Q3 release, Oct 23

$FLG Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $0.01 up 114.29% YoY • Reported revenue of $530M up 2.12% YoY

$FLG Flagstar Bank, an $87.4B-asset regional bank, lost $10M before tax in Q3; a one-time tax gain kept EPS at $0.01. 🔥 Before tax, the bank lost $10M in Q3 after earning $48M before tax in Q2, and a one-time $22M tax benefit from settling a 2019-2021 federal audit is what left Q3 net income at $12M ⚠️ The CEO pushed full delivery of the bank's long-term strategic targets to 2028 from 2027, citing higher-for-longer rates, so the earnings recovery holders are waiting for is a year further out 📈 Underneath, the core business improved: net interest income rose 5% to $460M, business (C&I) loans grew 11% to $20.6B, net charge-offs fell to $74M from $100M, and a 12.38% CET1 capital ratio paid for a $250M buyback completed in early October 📅 Next: The earnings call was set for October 23, 2026 at 8:00 a.m. (Eastern Time); watch whether management puts numbers on the 2028 targets and on credit costs in the rent-regulated book Source: PR Newswire release, Oct 23