HICKSVILLE, N.Y. (AP) — HICKSVILLE, N.Y. (AP) — Flagstar Bank, National Association (FLG) on Friday reported second-quarter earnings of $34 million.
The bank, based in Hicksville, New York, said it had earnings of 6 cents per share. Earnings, adjusted for non-recurring gains, were 5 cents per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The bank holding company posted revenue of $1.05 billion in the period. Its revenue net of interest expense was $516 million, also missing Street forecasts. Six analysts surveyed by Zacks expected $544.9 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLG at https://www.zacks.com/ap/FLG
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
