(Updates with the company's latest stock move in the headline and in the first paragraph.)
Flagstar Bank (FLG) shares were down more than 5% in early Friday trading after the company reported Q3 results that missed analyst expectations.
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: 10.80, Change: -0.65, Percent Change: -5.72
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