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FLG Cuts NII & EPS Outlook, Pushes 2027 Profitability Target to 2028

Source: zacks.com

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FLG Cuts NII & EPS Outlook, Pushes 2027 Profitability Target to 2028

Flagstar cut its 2026 and 2027 net interest income and EPS outlook, citing higher credit costs and slower balance-sheet growth. It pushed profitability targets to 2028, signaling a weaker earnings trajectory.

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