Track market-moving stories before they get noisy

Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia reduced its holdings in Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 16.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,579,852 shares of the natural resource company’s stock after selling 314,026 shares during the quarter. Bank of Nova Scotia owned approximately 0.11% of Freeport-McMoRan worth $92,862,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in Freeport-McMoRan during the 4th quarter valued at $25,000. Steph & Co. boosted its stake in Freeport-McMoRan by 43.7% in the first quarter. Steph & Co. now owns 493 shares of the natural resource company’s stock worth $29,000 after purchasing an additional 150 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in Freeport-McMoRan in the first quarter worth $29,000. Kemnay Advisory Services Inc. bought a new stake in shares of Freeport-McMoRan during the fourth quarter worth $29,000. Finally, SHP Wealth Management acquired a new stake in shares of Freeport-McMoRan in the fourth quarter valued at $30,000. 80.77% of the stock is currently owned by institutional investors.

Key Stories Impacting Freeport-McMoRan Here are the key news stories impacting Freeport-McMoRan this week:

Positive Sentiment: FCX reported second-quarter earnings of $0.74 per share, ahead of the $0.62 consensus, while revenue of $7.03 billion also topped estimates, helped by higher realized metal prices. Article Title Positive Sentiment: Freeport-McMoRan said net income rose sharply year over year, and commentary around strong income growth and improved operations points to healthy underlying profitability. Article Title Positive Sentiment: Higher copper prices provided a tailwind to results, and one analyst also raised FCX’s price target to $80, suggesting some optimism remains around the stock’s longer-term setup. Article Title Neutral Sentiment: Management posted its quarterly and six-month results and highlighted strategic expansions, but also noted challenges from capital spending and regulatory approvals. Article Title Negative Sentiment: Shares are under pressure because lower operating rates at the Grasberg mine and a softer copper sales outlook for the next quarter have raised concerns about near-term production and revenue. Article Title Negative Sentiment: Recent weakness in copper prices has also weighed on sentiment across the sector, adding to investor caution around FCX’s near-term earnings momentum. Article Title Freeport-McMoRan Stock Down 2.6% NYSE FCX opened at $63.31 on Friday. The stock has a market capitalization of $91.01 billion, a P/E ratio of 33.67, a price-to-earnings-growth ratio of 0.64 and a beta of 1.37. Freeport-McMoRan Inc. has a 52 week low of $35.15 and a 52 week high of $72.28. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.39. The stock has a fifty day moving average of $63.59 and a 200-day moving average of $62.33.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The natural resource company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.12. The business had revenue of $7.03 billion for the quarter, compared to analyst estimates of $6.62 billion. Freeport-McMoRan had a return on equity of 9.88% and a net margin of 10.34%.The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share. On average, equities research analysts forecast that Freeport-McMoRan Inc. will post 2.72 EPS for the current year.

Freeport-McMoRan Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.075 per share. The ex-dividend date is Wednesday, July 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio is presently 15.96%.

Analyst Ratings Changes A number of research analysts recently issued reports on the company. Wells Fargo & Company cut their price target on Freeport-McMoRan from $77.00 to $68.00 and set an “overweight” rating for the company in a report on Friday, April 24th. Jefferies Financial Group increased their price objective on shares of Freeport-McMoRan from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Wall Street Zen upgraded shares of Freeport-McMoRan from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. Stifel Nicolaus boosted their target price on shares of Freeport-McMoRan from $76.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, BNP Paribas Exane upped their target price on shares of Freeport-McMoRan from $71.00 to $82.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $68.95.

View Our Latest Research Report on FCX

Freeport-McMoRan Profile (Free Report)

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.

Featured Articles Five stocks we like better than Freeport-McMoRan Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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« PREVIOUS HEADLINEBank of Nova Scotia Sells 1,247,979 Shares of Norwegian Cruise Line Holdings Ltd. $NCLH

NEXT HEADLINE »TELUS Corporation $TU Shares Acquired by Bank of Nova Scotia

Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia increased its stake in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 20.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,765,867 shares of the oil and gas producer’s stock after purchasing an additional 795,310 shares during the quarter. Bank of Nova Scotia owned approximately 0.40% of Suncor Energy worth $315,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of Suncor Energy by 54.9% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock valued at $28,000 after buying an additional 225 shares in the last quarter. Headlands Technologies LLC bought a new position in Suncor Energy during the second quarter valued at approximately $31,000. 1 North Wealth Services LLC bought a new position in shares of Suncor Energy during the 4th quarter valued at approximately $32,000. Accent Capital Management LLC raised its stake in Suncor Energy by 37.5% during the fourth quarter. Accent Capital Management LLC now owns 825 shares of the oil and gas producer’s stock valued at $37,000 after purchasing an additional 225 shares in the last quarter. Finally, Maseco LLP bought a new position in Suncor Energy during the fourth quarter valued at $39,000. Institutional investors own 67.37% of the company’s stock.

Suncor Energy Stock Up 2.5% Shares of SU opened at $66.35 on Friday. The firm has a fifty day moving average price of $60.96 and a 200-day moving average price of $59.33. The company has a current ratio of 1.42, a quick ratio of 0.92 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $78.34 billion, a P/E ratio of 17.41 and a beta of 0.30. Suncor Energy Inc. has a 12-month low of $37.76 and a 12-month high of $70.29.

Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last announced its quarterly earnings data on Tuesday, May 5th. The oil and gas producer reported $1.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($0.04). The company had revenue of $10.41 billion for the quarter, compared to the consensus estimate of $9.22 billion. Suncor Energy had a net margin of 12.29% and a return on equity of 13.96%. During the same quarter in the previous year, the business earned $1.31 EPS. Equities research analysts expect that Suncor Energy Inc. will post 6.9 earnings per share for the current year.

Suncor Energy Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.6%. Suncor Energy’s dividend payout ratio (DPR) is 45.67%.

Analysts Set New Price Targets SU has been the topic of a number of research reports. Desjardins upgraded shares of Suncor Energy to a “moderate buy” rating in a report on Thursday, July 16th. Royal Bank Of Canada increased their price target on shares of Suncor Energy from $75.00 to $89.00 and gave the company an “outperform” rating in a report on Wednesday, April 1st. ATB Cormark Capital Markets upgraded Suncor Energy from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. The Goldman Sachs Group cut Suncor Energy from a “buy” rating to a “neutral” rating and set a $72.00 price objective on the stock. in a research note on Friday, June 5th. Finally, Scotiabank upgraded Suncor Energy to a “strong-buy” rating in a research report on Friday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $71.67.

Read Our Latest Analysis on SU

Suncor Energy Company Profile (Free Report)

Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.

Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.

Featured Articles Five stocks we like better than Suncor Energy Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding SU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU).

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« PREVIOUS HEADLINEBank of Nova Scotia Grows Stock Position in Sandisk Corporation $SNDK

Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia raised its holdings in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report) by 17.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,998,709 shares of the company’s stock after buying an additional 738,783 shares during the period. Bank of Nova Scotia owned about 0.20% of Warner Bros. Discovery worth $137,265,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Swiss RE Ltd. bought a new position in Warner Bros. Discovery in the 4th quarter worth approximately $26,000. Fideuram Asset Management Ireland dac purchased a new stake in Warner Bros. Discovery during the 4th quarter valued at approximately $29,000. MV Capital Management Inc. bought a new stake in shares of Warner Bros. Discovery during the fourth quarter valued at approximately $30,000. JPL Wealth Management LLC bought a new stake in shares of Warner Bros. Discovery during the third quarter valued at approximately $33,000. Finally, Rakuten Securities Inc. lifted its holdings in shares of Warner Bros. Discovery by 81.5% in the fourth quarter. Rakuten Securities Inc. now owns 1,160 shares of the company’s stock worth $33,000 after buying an additional 521 shares in the last quarter. 59.95% of the stock is currently owned by institutional investors.

Warner Bros. Discovery Price Performance Shares of WBD stock opened at $25.95 on Friday. The company has a market capitalization of $65.06 billion, a P/E ratio of -37.07 and a beta of 1.54. The company’s 50-day simple moving average is $26.74 and its two-hundred day simple moving average is $27.40. Warner Bros. Discovery, Inc. has a one year low of $10.76 and a one year high of $30.00. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.73 and a quick ratio of 0.73.

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($1.17) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($1.07). The company had revenue of $8.89 billion for the quarter, compared to the consensus estimate of $8.89 billion. Warner Bros. Discovery had a negative net margin of 4.67% and a negative return on equity of 4.77%. The business’s revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.18) EPS. As a group, equities analysts anticipate that Warner Bros. Discovery, Inc. will post -1.07 EPS for the current year.

Key Stories Impacting Warner Bros. Discovery Here are the key news stories impacting Warner Bros. Discovery this week:

Positive Sentiment: Warner Bros. Discovery received European Commission approval for the Paramount Skydance acquisition, removing a major international regulatory hurdle and improving the odds that the deal can eventually close. European Commission Approves Paramount Skydance Corporation Acquisition of Warner Bros. Discovery Positive Sentiment: Analysts and market commentary continue to frame the media sector as entering a consolidation phase, which supports the view that WBD remains a strategic takeover target. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (WBD) Neutral Sentiment: The EU approval came with conditions, including changes to Paramount’s distribution arrangements, so the deal still faces execution risk even after the regulatory green light. EU regulators clear with conditions Paramount’s $110 billion bid for Warner Bros Negative Sentiment: A federal judge paused the Paramount-WBD transaction through mid-August while considering lawsuits from state attorneys general and the Writers Guild, extending the timeline and adding legal uncertainty. Paramount-Warner Bros deal paused through August 17, judge rules Negative Sentiment: Heavy put-option buying suggests some traders are positioning for downside or hedging against a failed or delayed deal. Traders Buy Large Volume of Put Options on Warner Bros. Discovery (NASDAQ:WBD) Analyst Ratings Changes A number of brokerages have recently weighed in on WBD. Weiss Ratings lowered Warner Bros. Discovery from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Thursday, May 7th. Zacks Research upgraded Warner Bros. Discovery from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. UBS Group increased their price target on Warner Bros. Discovery from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Seaport Research Partners raised Warner Bros. Discovery from a “neutral” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Monday, June 29th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Warner Bros. Discovery in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $27.04.

Check Out Our Latest Stock Analysis on Warner Bros. Discovery

About Warner Bros. Discovery (Free Report)

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.

See Also Five stocks we like better than Warner Bros. Discovery Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding WBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report).

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« PREVIOUS HEADLINEBank of Nova Scotia Increases Holdings in Boston Scientific Corporation $BSX

ANNOUNCES $250 MILLION SHARE REPURCHASE PROGRAM THIRD CONSECUTIVE QUARTER OF PROFITABILITY AS PRE-PROVISION NET REVENUES INCREASED $34 MILLION ON AN UNADJUSTED BASIS AND $21 MILLION ON AN ADJUSTED BASIS COST OF DEPOSITS DECLINED FIVE BASIS POINTS, WHILE TOTAL DEPOSITS INCREASED NEARLY $700 MILLION IN THE SECOND QUARTER AND APPROXIMATELY $1.5 BILLION YEAR-TO-DATE BALANCE SHEET GREW APPROXIMATELY $600 MILLION DRIVEN BY SOLID CORE C&I LOAN AND DEPOSIT GROWTH FROM CONTINUED EXPANSION OF THE COMMERCIAL BANKING PLATFORM C&I LOANS INCREASED $2.0 BILLION OR 12% QUARTER OVER QUARTER DRIVEN BY STRATEGIC FOCUS AREAS CONTINUED EXPENSE DISCIPLINE WITH OPERATING EXPENSES DOWN 3% COMPARED TO PRIOR QUARTER; POSITIVE OPERATING LEVERAGE OF 7% CRE PAR PAYOFFS TOTALED $1.1 BILLION, OF WHICH 39% WERE SUBSTANDARD; CRE CONCENTRATION RATIO IMPROVED TO 350% COMPARED TO 367% LAST QUARTER CET1 CAPITAL RATIO OF 13.16% Second Quarter 2026 Summary Compared to First Quarter 2026

Profitability

Capital

PPNR of $66 million, up $34 million Adjusted PPNR of $62 million, up $21 million or 51% Operating expenses of $427 million down 3% Positive operating leverage of 7% Net interest margin was relatively unchanged at 2.13% Deposit costs declined 5 basis points while overall cost of funds declined 7 basis points CET1 capital ratio of 13.16%, at or above peer group levels Excess capital of $1.6 billion, using low end of target CET1 range of 10.5% Book value per share of $18.31 Tangible book value per share of $17.51 Tangible book value per share adjusted for warrant exercise is $15.54 Balance Sheet

Asset Quality

Total C&I loans increased $2.0 billion or 12% to $18.6 billion Total loans increased $562 million to $61.0 billion, up 1% or 4% annualized Total deposits increased $689 million or 1% Core deposits grew $644 million or 1% C&I and Private Bank deposits grew $905 million, up 4% Strategic C&I loan focus areas grew $2.1 billion or 29% Total MF/CRE exposure down $1.5 billion or 4% Wholesale borrowings, mainly FHLB advances, declined $250 million or 2% Criticized/Classified loans declined $143 million or 1% Substandard loans declined $369 million or 6% Non-accrual loans rose $123 million or 5% Total ACL of $0.9 billion or 1.52% of total loans HFI Total multi-family ACL coverage of 1.63% ACL coverage of 2.87% for multi-family loans with 50% or greater rent-regulated units Total NYC multi-family loans declined $677 million or 5% Total NYC multi-family loans with 50% or greater rent-regulated
units declined $338 million or 4% NCOs to average loans was 0.66% vs. 0.52% , /PRNewswire/ -- Flagstar Bank, N.A. (the "Bank") (NYSE: FLG), today reported second quarter 2026 net income of $34 million compared to net income of $21 million for first quarter 2026 and compared to a net loss of $70 million for second quarter 2025. Second quarter 2026 net income attributable to common stockholders was $26 million, or $0.06 per diluted share, compared to net income attributable to common stockholders of $13 million, or $0.03 per diluted share in first quarter 2026 and compared to a net loss attributable to common stockholders of $78 million, or $0.19 per diluted share in second quarter 2025.

For the six months ended June 30, 2026, the Bank reported net income of $55 million compared to a net loss of $170 million for the six months ended June 30, 2025. Net income attributable to common stockholders for the six months ended June 30, 2026 was $39 million or $0.08 per diluted share compared to a net loss attributable to common stockholders of $186 million or $0.45 per diluted share for the six months ended June 30, 2025.

NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS - AS ADJUSTED

On an adjusted basis, which excludes a $4 million gain on sale related to our equity investment in Figure Technology Solutions, Inc., (the "Figure Investment"), second quarter 2026 net income attributable to common stockholders was $23 million or $0.05 per diluted share compared to first quarter 2026 net income attributable to common stockholders of $20 million or $0.04 per diluted share, which excludes a $9 million fair value loss on the Figure Investment, and compared to a net loss attributable to common stockholders of $60 million or $0.14 per diluted share in second quarter 2025, which excludes $14 million of merger related expenses, $2 million of severance expenses, $7 million in lease cost acceleration related to previously disclosed branch closures, and $3 million in trailing costs related to the sale of the Bank's mortgage servicing business.

For the six months ended June 30, 2026, net income attributable to common stockholders, on an adjusted basis was $43 million or $0.09 per diluted share which excludes a $5 million loss related to the Figure Investment. This compares to a net loss attributable to common stockholders, as adjusted, for the six months ended June 30, 2025 of $153 million or $0.37 per diluted share, which excludes $22 million of merger-related expenses, $2 million of severance expenses, $12 million in lease cost acceleration, and $8 million in trailing costs related to the sale of the Bank's mortgage servicing business.

CEO COMMENTARY

Commenting on the Bank's second quarter 2026 performance, Executive Chairman and Chief Executive Officer, Joseph M. Otting stated, "Flagstar's second quarter operating performance reflects our third consecutive quarter of profitability and improved earnings and represents continued progress on our path to transforming into a top-performing regional bank. During the quarter, we made considerable strides diversifying our balance sheet, reaching an important inflection point in asset growth, as total assets increased 3% on an annualized basis compared to the first quarter, driven by overall growth in our loan portfolio.

"Total loans increased 4% annualized, driven by record C&I loan production, which more than offset the continued strategic reduction in the commercial real estate portfolio. This marks the first quarter of loan growth since the fourth quarter of 2023. C&I originations in the second quarter totaled $2.8 billion, while commitments were $4.2 billion. This drove a $2.0 billion or 12% increase in C&I loans to $18.6 billion compared to the previous quarter.

"We also generated net deposit growth of $689 million, all of which was driven by core deposits. More importantly, $706 million of this quarter's deposit growth was C&I lending-related, as we have broadened our customer relationships in that key business.

"The net interest margin was relatively consistent with the prior quarter, while we reduced our cost of deposits by five basis points and our overall cost of funds by seven basis points. Additionally, we continued to pay down our wholesale borrowings, further strengthening our funding base.

"Also contributing to our improved operating performance was our continued focus on expense management, as operating expenses declined 3%, driving positive operating leverage of 7%.

"Our credit quality trends remained relatively stable during the quarter. While we did see a modest increase in total non-accrual loans, the overall level of criticized and classified loans decreased, driven mainly by a 6% decline in substandard loans.

"Importantly, we continue to maintain a strong capital position, with a CET1 capital ratio of 13.16% at the end of the quarter. This level of capital provides meaningful financial flexibility to support balance sheet growth, invest in our franchise, and return capital to shareholders over time. On that note, this morning we also announced the adoption of a $250 million share repurchase program. This reflects the tremendous progress we have made in executing on our strategic plan, the strength of our capital position and the positive long-term outlook for the Bank. We believe that returning capital to our shareholders through a stock buyback represents a compelling and disciplined use of our excess capital at this time.

"Overall, we believe the progress we have made over the past several quarters demonstrates the effectiveness of our strategy and positions the Bank well to deliver sustainable long-term shareholder value."

BALANCE SHEET SUMMARY

(dollars in millions)

June 30, 2026

March 31, 2026

Compare

Total loans and leases held for investment

$    60,987

$      60,425

1 %

Total assets

87,714

87,129

1 %

Total deposits

67,521

66,832

1 %

Total borrowed funds

10,937

11,186

-2 %

Linked-Quarter Comparison

Total assets increased $0.6 billion or 1% to $87.7 billion driven by loan growth and an increase in securities, partially offset by a decline in cash balances. Total loans and leases held for investment ("HFI") were $61.0 billion, up $0.6 billion or 1% (up 4% annualized); driven by solid growth in the C&I portfolio, partially offset by a decline in the multi-family and CRE portfolios as a result of our continued strategy of diversifying the loan portfolio. During the second quarter, we delivered broad-based loan growth across our C&I platform, while our CRE portfolio declined as part of our ongoing strategic balance sheet de-risking efforts. Total C&I loans increased $2.0 billion or 12% to $18.6 billion driven primarily by growth within Specialized Industries and Corporate & Regional Commercial Banking. Specialized Industries Banking loans increased $1,675 million or 34%. Corporate & Regional Commercial Banking increased $375 million or 18%. The CRE portfolio continued to decline with the combined multi-family and CRE portfolios declining $1.5 billion or 4% to $35.2 billion. Total CRE par payoffs totaled $1.1 billion, unchanged compared to first quarter. CRE concentration improved to 350% compared to 367%. Total deposits were $67.5 billion, up $0.7 billion or 1%, driven by increases in interest-bearing checking and money market accounts, which increased 6%, while all other categories each declined 1%. Total borrowed funds declined $0.2 billion or 2% to $10.9 billion. Wholesale borrowings, consisting of Federal Home Loan Bank of New York ("FHLB-NY") advances accounted for all of this decline and totaled $9.9 billion, down $250 million or 2%. EARNINGS SUMMARY FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026

Net Interest Income, Net Interest Margin, and Average Balance Sheet

Net Interest Income

Second quarter 2026 net interest income totaled $440 million compared to $443 million, down $3 million or 1% compared to first quarter 2026 but rose $21 million or 5% compared to second quarter 2025.

For the first six months of 2026, net interest income increased $54 million or 7% to $0.9 billion compared to $0.8 billion for the first six months of 2025.

Linked-Quarter Comparison

Average interest-earnings assets decreased $0.3 billion or 0.3% to $83.1 billion as a result of lower average cash balances, partially offset by growth in average loans and average securities. Average interest-bearing liabilities declined $0.1 billion or 0.2% to $65.4 billion, average borrowed funds declined 10% partially offset by a 2% increase in average interest-bearing deposits. The net interest margin decreased 2 basis points to 2.13% due to a lower average cost of funds, more than offset by a lower average asset yield. Excluding the impact from the extra day in the quarter, the net interest margin would have been 2.16%. Year-Over-Year Comparison

Average interest-earning assets decreased 11% to $83.1 billion, driven by lower average cash balances due to balance sheet deleveraging. Average loans and average cash balances both declined, offset by growth in the investment securities portfolio. Average interest-bearing liabilities decreased 12% or $8.8 billion to $65.4 billion with average deposits declining 8% to $55.2 billion as the Bank significantly reduced brokered deposits throughout 2025. Average borrowings declined 27% or $3.8 billion to $10.3 billion as the Bank continued to pay down wholesale borrowings. The net interest margin increased 32 basis points driven by a lower cost of deposits and borrowings, partially offset by lower earning asset yields. Year-to-Date Comparison

Average interest-earning assets declined $11.1 billion or 12% to $83.2 billion primarily due to lower average loan balances, down 9%, as we reduced CRE loans and lower average cash balances, down 60%, due to balance sheet deleveraging, partially offset by a 20% increase in average securities balances. Average interest-bearing liabilities decreased $9.7 billion or 13% to $65.5 billion due to reduction in average borrowings, down 24%, and a 10% decrease in average deposits, as we reduced higher cost funding, including brokered CDs and wholesale borrowings. The net interest margin increased 37 basis points to 2.14% due to a 65 basis point improvement in the average cost of funds. Provision for Credit Losses

Linked-Quarter Comparison

For the second quarter 2026, we reported a provision for credit losses of $18 million compared to no provision in first quarter 2026. The increase was primarily driven by growth in the C&I portfolio, higher charge-offs and updates to assumptions related to recent New York City rent-regulated multi-family developments, partially offset by strategic reductions in the multi-family and CRE portfolios. Net charge-offs for the second quarter 2026 totaled $100 million, up $22 million or 28%. Net charge-offs on an annualized basis represented 0.66% of average loans outstanding, compared to 0.52% for first quarter 2026. Year-Over-Year Comparison

The provision for credit losses decreased $46 million or 72% primarily due to the continued decline in multi-family and CRE loan balances. Net charge-offs declined $17 million or 15%. Year-to-Date Comparison

For the first six months of 2026, the provision for credit losses totaled $18 million compared to $143 million for the first six months of 2025, down $125 million or 87%.  The decrease was primarily due to strategic reductions in the multi-family and CRE portfolios and lower net charge-offs. Net charge-offs totaled $178 million compared to $232 million. Net charge-offs represented 0.59% of average loans outstanding compared to 0.70%. Pre-Provision Net Revenue

The table below details the Bank's pre-provision net revenue ("PPNR") and PPNR, as adjusted, which are non-GAAP measures, for the periods noted:

June 30, 2026

For the Three Months Ended

compared to:

(dollars in millions)

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

Net interest income

$        440

$          443

$        419

-1 %

5 %

Non-interest income

76

55

77

38 %

-1 %

Total revenues

$        516

$          498

$        496

4 %

4 %

Total non-interest expense

450

466

513

-3 %

-12 %

Pre - provision net revenue/(loss) (non-GAAP)

$         66

$           32

$        (17)

NM

NM

Merger-related expenses

—

—

14

NM

NM

Severance

—

—

2

NM

-100 %

Lease cost acceleration related to closing branches

—

—

7

NM

NM

Trailing mortgage sale costs with Mr. Cooper

—

—

3

NM

NM

Net (gain) loss on investment security

(4)

9

—

NM

NM

Pre - provision net revenue/(loss), as adjusted (non-GAAP)(1)

$         62

$           41

$          9

51 %

NM

(1) Amounts may not foot as a result of rounding.

For second quarter 2026, PPNR totaled $66 million compared to PPNR of $32 million for first quarter 2026 and a pre-provision net loss of $17 million for second quarter 2025.

Linked-Quarter Comparison

Second quarter PPNR was $66 million compared to $32 million, up 106%. Excluding the impact from the Figure Investment in both quarters would have resulted in a PPNR of $62 million compared to $41 million up 51%. Majority of the increase was due to a decline in non-interest expenses, down 3%. Year-Over-Year Comparison

Second quarter 2026 PPNR increased $83 million compared to a pre-provision net loss of $17 million in the year-ago quarter. Excluding the impact from the Figure Investment and several other one-time items in the year ago quarter, adjusted PPNR was $62 million compared to $9 million in the year-ago quarter. Majority of the increase was due to lower non-interest expense and higher net interest income.
For the Six Months Ended

(dollars in millions)

June 30, 2026

June 30, 2025

% Change

Net interest income

$                     883

$                 829

7 %

Non-interest income

131

157

-17 %

Total revenues

$                   1,014

$                 986

3 %

Total non-interest expense

916

1,045

-12 %

Pre - provision net revenue / (loss) (non-GAAP)

$                      98

$                 (59)

NM

Merger-related expenses

—

22

-100 %

Severance

—

2

-100 %

Lease cost acceleration related to closing branches

—

12

-100 %

Trailing mortgage sale costs with Mr. Cooper

—

8

-100 %

Net loss on investment security

5

—

NM

Pre - provision net revenue/(loss), as adjusted (non-GAAP)

$                    103

$                 (15)

NM

Year-to-Date Comparison

PPNR was $98 million compared to pre-provision net loss of $59 million. The first six months of 2026 PPNR included a $5 million loss related to the Figure Investment. As adjusted, pre-provision net revenue was $103 million for the first six months of 2026 compared to a pre-provision net loss of $15 million for the first six months of 2025, which excludes $22 million of merger-related expenses, $2 million in severance, $12 million in lease cost acceleration, and $8 million in trailing mortgage sale costs. Non-Interest Income

June 30, 2026

For the Three Months Ended

compared to:

(dollars in millions)

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

Fee income

$26

$23

$22

13 %

18 %

Bank-owned life insurance

13

10

10

30 %

30 %

Net gain (loss) on investment securities

4

(9)

—

NM

NM

Net gain on loan sales and securitizations

4

5

6

-20 %

-33 %

Other income

28

26

39

8 %

-28 %

Total non-interest income

$76

$55

$77

38 %

-1 %

Impact of Adjustments:

Net (gain) loss on investment security

(4)

9

—

NM

NM

Adjusted noninterest income (non-GAAP)

$72

$64

$77

13 %

-6 %

Non-interest income in second quarter 2026 was $76 million, up $21 million or 38% compared to $55 million in first quarter 2026 and down $1 million or 1% compared to second quarter 2025.

Linked-Quarter Comparison

Second quarter 2026 adjusted non-interest income increased $8 million or 13%, excluding the impact from the Figure Investment. Quarter-over-quarter improvement was driven by increases in fee income, driven by increased treasury management and capital markets income, BOLI, and other income. Year-Over-Year Comparison

Second quarter 2026 adjusted non-interest income declined $5 million or 6%, excluding the impact from the Figure Investment. The year-over-year decline was a result of lower net gain on loan sales income and other income. This was due to the sale of the Bank's mortgage servicing and third-party origination business, offset by higher levels of fee income and BOLI.
For the Six Months Ended

(dollars in millions)

June 30, 2026

June 30, 2025

% Change

Fee income

$49

$44

11 %

Bank-owned life insurance

23

20

15 %

Net gain (loss) on investment securities

(5)

—

NM

Net return on mortgage servicing rights

—

—

NM

Net gain on loan sales and securitizations

9

19

-53 %

Net loan administration income

1

5

-80 %

Other income

54

69

-22 %

Total non-interest income

$131

$157

-17 %

Impact of Notable Item:

Net (gain) loss on investment security

5

—

NM

Adjusted noninterest income (non-GAAP)

$136

$157

-13 %

For the first six months of 2026, non-interest income totaled $131 million compared to $157 million for the first six months of 2025.

Year-to-Date Comparison

For the first six months of 2026, non-interest income includes the aforementioned $5 million net loss on the sale of our Figure Investment. As adjusted, non-interest income for the first six months of 2026 was $136 million compared to $157 million for the first six months of 2025, a $21 million or 13% decline. The year-over-year decline was driven by a decline in the net gain on loan sales and securitizations and a decrease in other income. This was partially offset by an increase in fee income. Non-Interest Expense

June 30, 2026

For the Three Months Ended

compared to:

(dollars in millions)

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

Operating expenses:

Compensation and benefits

$220

$228

$237

-4 %

-7 %

Occupancy and equipment

46

50

53

-8 %

-13 %

Software expense

49

47

38

4 %

29 %

FDIC insurance

30

30

49

— %

-39 %

Professional services

19

22

23

-14 %

-17 %

General and administrative

63

64

72

-2 %

-13 %

Total operating expenses

427

441

472

-3 %

-10 %

Intangible asset amortization

23

25

27

-8 %

-15 %

Merger-related expense

—

—

14

NM

NM

Total non-interest expense

$450

$466

$513

-3 %

-12 %

Impact of Adjustments:

Total operating expenses

$427

$441

$472

-3 %

-10 %

Severance

—

—

(2)

NM

-100 %

Lease cost acceleration related to closing branches

—

—

(7)

NM

NM

Trailing mortgage sale costs with Mr. Cooper

—

—

(3)

NM

NM

Adjusted operating expenses (non-GAAP)

$427

$441

$460

-3 %

-7 %

Second quarter 2026 operating expenses were $427 million compared to $441 million in first quarter 2026, down $14 million or 3%, and they declined $45 million or 10% compared to second quarter 2025.

Linked-Quarter Comparison

Adjusted operating expenses decreased $14 million or 3%. The main drivers were decreases in compensation and benefits, occupancy and equipment, and professional fees. Year-Over-Year Comparison

Adjusted operating expenses decreased $33 million or 7%. Main drivers were decreases in FDIC insurance expense, compensation and benefits, professional services, and general and administrative expense.
For the Six Months Ended

(dollars in millions)

June 30, 2026

June 30, 2025

% Change

Operating expenses:

Compensation and benefits

$448

$481

-7 %

Occupancy and equipment

96

108

-11 %

Software expense

96

80

20 %

FDIC insurance

60

99

-39 %

Professional services

41

49

-16 %

General and administrative

127

151

-16 %

Total operating expenses

868

968

-10 %

Intangible asset amortization

48

55

-13 %

Merger-related expenses

—

22

-100 %

Total non-interest expense

$916

$1,045

-12 %

Impact of Notable Items:

Total operating expenses

$868

$968

-10 %

Severance

—

(2)

-100 %

Lease cost acceleration related to closing branches

—

(12)

-100 %

Trailing mortgage sale costs with Mr. Cooper

—

(8)

-100 %

Adjusted operating expenses (non-GAAP)

$868

$946

-8 %

For the first six months of 2026, operating expenses totaled $868 million, down $100 million or 10% compared to the first six months of 2025.

Year-to-Date Comparison

The first six months of 2025 results include a number of notable items, including $22 million in merger expenses, $2 million in severance costs, $12 million of lease cost acceleration, and $8 million in trailing mortgage sale costs. As adjusted for these items operating expenses for the first six months of 2026 were $868 million compared to $946 million for first six months of 2025, down $78 million or 8%. On an adjusted basis, the year-over-year improvement was primarily driven by decreases in compensation and benefits expense, FDIC insurance expense, general and administrative expense, and occupancy and equipment expense. Income Taxes

Linked-Quarter Comparison

For the second quarter 2026, the Bank reported income tax expense of $14 million compared to a tax expense of $11 million for the first quarter 2026. The effective tax rate for the second quarter 2026 was 28.2% compared to 34.9% for the first quarter 2026. Year-Over-Year Comparison

For the second quarter 2026, the Bank reported income tax expense of $14 million compared to a tax benefit of $11 million for the second quarter 2025. The effective tax rate for the second quarter 2026 was 28.2% compared to 12.9% for the second quarter 2025. Year-to-Date Comparison

For the first six months of 2026, the Bank reported an income tax expense of $25 million compared to an income tax benefit of $32 million for the first six months of 2025.  The effective tax rate for the first six months of 2026 was 30.9% compared to 15.9% for the first six months of 2025. CREDIT QUALITY

June 30, 2026

As of

compared to:

(dollars in millions)

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

Total non-accrual loans held for investment

$2,800

$2,675

$3,180

5 %

-12 %

Non-accrual held for investment loans to total loans held for investment

4.59 %

4.43 %

4.96 %

4 %

-7 %

Non-accrual held for investment loans and repossessed assets ("NPAs") to total assets

3.20 %

3.08 %

3.46 %

4 %

-7 %

Allowance for credit losses on loans and leases

$869

$954

$1,106

-9 %

-21 %

Total ACL, including on unfunded commitments

$925

$1,007

$1,162

-8 %

-20 %

ACL % of total loans held for investment

1.42 %

1.58 %

1.72 %

-15 bps

-30 bps

Total ACL % of total loans held for investment

1.52 %

1.67 %

1.81 %

-15 bps

-30 bps

ACL on loans and leases % of NPLs

31 %

36 %

35 %

-13 %

-11 %

Total ACL % of NPLs

33 %

38 %

37 %

-12 %

-10 %

Non-Accrual Loans

At June 30, 2026, total non-accrual loans, including held-for-sale, were $2,805 million, up $123 million or 5% compared to $2,682 million at March 31, 2026, but down $379 million or 12% compared to June 30, 2025. Total non-accrual loans HFI to total loans HFI were 4.59% at June 30, 2026 compared to 4.43% at March 31, 2026 and 4.96% at June 30, 2025.

Linked-Quarter Comparison

Multi-family non-accrual loans increased 5%, while CRE non-accrual loans rose 7%. NPAs to total assets rose 12 basis points to 3.20%. Year-Over-Year Comparison

Multi-family non-accrual loans declined 11% and CRE non-accrual loans declined 16%, reflecting ongoing proactive workout and resolution strategies. NPAs to total assets improved 26 basis points. Total Allowance for Credit Losses

The total allowance for credit losses including the allowance for unfunded commitments was $925 million at June 30, 2026 compared to $1,007 million at March 31, 2026 and $1,162 million at June 30, 2025. The total allowance for credit losses on loans and leases at June 30, 2026 was $869 million compared to $954 million at March 31, 2026 and $1,106 million at June 30, 2025. The decrease was primarily due to charged-off loans which had specific reserves and pay offs in our multi-family and CRE portfolios, partially offset by growth in our C&I portfolio.

The total allowance for credit losses to total loans HFI at June 30, 2026 was 1.52% compared to 1.67% at March 31, 2026 and 1.81% at June 30, 2025. The total allowance for credit losses on loans and leases to total loans HFI was 1.42% at June 30, 2026 compared to 1.58% at March 31, 2026 and 1.72% at June 30, 2025.

CAPITAL POSITION

The Bank's regulatory capital ratios continue to exceed regulatory minimums to be classified as "Well Capitalized," the highest regulatory classification. The table below depicts the Bank's regulatory capital ratios at those respective periods.

June 30, 2026

March 31, 2026

December 31, 2025

REGULATORY CAPITAL RATIOS: (1)

Common equity tier 1 ratio

13.16 %

13.23 %

12.83 %

Tier 1 risk-based capital ratio

13.99 %

14.08 %

13.66 %

Total risk-based capital ratio

16.58 %

16.68 %

16.23 %

Leverage capital ratio

9.70 %

9.61 %

9.22 %

(1)

The minimum regulatory requirements for classification as a well-capitalized institution are a common equity tier 1 capital ratio of 6.5%; a tier one risk-based capital ratio of 8.00%; a total risk-based capital ratio of 10.00%; and a leverage capital ratio of 5.00%.

Flagstar Bank, N.A.

Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At June 30, 2026, the Bank had $87.7 billion of assets, $61.2 billion of loans, deposits of $67.5 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast.

Post-Earnings Release Conference Call

The Bank will host a conference call on July 24, 2026 at 8:00 a.m. (Eastern Time) to discuss its second quarter 2026 performance. The conference call may be accessed by dialing (888) 596-4144 (for domestic calls) or (646) 968-2525 (for international calls) and providing the following conference ID: 5857240. The live webcast will be available at ir.flagstar.com under Events.

A replay will be available approximately three hours following completion of the call through 11:59 p.m. on July 28, 2026 and may be accessed by calling (800) 770-2030 (domestic) or (609) 800-9909 (international) and providing the following conference ID: 5857240. In addition, the conference call will be webcast at ir.flagstar.com and archived through 5:00 p.m. on August 21, 2026.

Investor Contact:  Salvatore J. DiMartino  (516) 683-4286

Media Contact:  Jessica Torchia  (248) 312-6451

Cautionary Statements Regarding Forward-Looking Language

This earnings release and the associated conference call may include forward‐looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to achieve profitability goals within projected timeframes and to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to execute our capital management strategies, including our ability to complete our current stock repurchase program and to implement future stock repurchase programs; (g) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (h) our ability to achieve our financial and other strategic goals, including those related to our recent holding company reorganization, which was completed in October 2025 (the "Reorganization"), our merger with Flagstar Bancorp, Inc., which was completed in December 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023, and our ability to comply with the heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; (i) the impact of the $1.05 billion capital raise we completed in March 2024; (j) the conversion or exchange of shares of our preferred stock; (k) the payment of dividends on shares of our capital stock, including adjustments to the amount of dividends payable on shares of our preferred stock; (l) the dilution of existing equity holders associated with future equity awards and stock issuances; (m) the effects of the reverse stock split we effected in July 2024; and (n) the impact of the 2024 sale of our mortgage servicing operations, third party mortgage loan origination business, and mortgage warehouse business.

Forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "should," "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results.

Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; the ability to implement future stock repurchase programs, which are subject to the approval of the Board of Directors and other various factors, including the Bank's liquidity, capital position, and financial performance, accounting, and regulatory considerations as well as general market conditions; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; our ability to achieve the anticipated benefits of the Reorganization; changes in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; changes relating to rent regulation and housing, including recent legislative action in New York City to freeze rents on certain rent-regulated properties; the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the outcome of federal, state, and local elections and the resulting economic and other impact on the areas in which we conduct business; the impact of changing political conditions or federal government shutdowns; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; our ability to comply with heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; the restructuring of our mortgage business; our ability to achieve anticipated cost savings and enhanced efficiencies with respect to our balance sheet and expense reduction strategies; the impact of failures or disruptions in or breaches of our operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, civil unrest, international military conflict, terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed in December 2022, and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that we may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected.

More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10‐K for the year ended December 31, 2025, and in other reports we file with the Office of the Comptroller of the Currency (the "OCC") and voluntarily file with the Securities and Exchange Commission (the "SEC"), and which are also available on our Investor Relations website. Our forward‐looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our securities disclosure filings. All such files are accessible on our website at ir.flagstar.com, on the OCC's website at www.occ.gov, and on the SEC's website at www.sec.gov.

- Financial Statements and Highlights Follow -

FLAGSTAR BANK, N.A.

CONSOLIDATED STATEMENTS OF CONDITION

(unaudited)

June 30, 2026

compared to

(dollars in millions)

June 30, 2026

March 31, 2026

December 31, 2025

March 31, 2026

December 31, 2025

Assets

Cash and due from banks

$         416

$        401

$          553

4 %

-25 %

Interest-earning deposits and other securities with financial institutions

4,692

6,605

5,341

-29 %

-12 %

Total cash and cash equivalents

5,108

7,006

5,894

-27 %

-13 %

Securities:

Debt securities available-for-sale

16,553

14,514

15,701

14 %

5 %

Equity investments with readily determinable fair values, at fair value

14

56

65

-75 %

-78 %

Total securities

16,567

14,570

15,766

14 %

5 %

Loans held for sale

208

233

265

-11 %

-22 %

Loans and leases held for investment:

Multi-family

26,931

27,863

28,983

-3 %

-7 %

Commercial real estate

8,244

8,833

9,314

-7 %

-11 %

One-to-four family first mortgage

5,767

5,640

5,630

2 %

2 %

Commercial and industrial

18,563

16,568

15,217

12 %

22 %

Other loans

1,482

1,521

1,588

-3 %

-7 %

Total loans and leases held for investment

60,987

60,425

60,732

1 %

— %

Less: Allowance for credit losses on loans and leases

(869)

(954)

(1,030)

-9 %

-16 %

Total loans and leases held for investment, net

60,118

59,471

59,702

1 %

1 %

Premises and equipment, net

472

474

477

— %

-1 %

Core deposit and other intangibles

333

356

381

-6 %

-13 %

Other assets

4,908

5,019

5,027

-2 %

-2 %

Total assets

$      87,714

$     87,129

$       87,512

1 %

— %

Liabilities and Stockholders' Equity

Deposits:

Interest-bearing checking and money market accounts

$      20,477

$     19,310

$       18,233

6 %

12 %

Savings accounts

14,836

15,005

14,864

-1 %

— %

Certificates of deposit

20,477

20,719

20,843

-1 %

-2 %

Non-interest-bearing accounts

11,731

11,798

12,060

-1 %

-3 %

Total deposits

67,521

66,832

66,000

1 %

2 %

Borrowed funds:

Wholesale borrowings

9,901

10,151

11,151

-2 %

-11 %

Junior subordinated debentures

587

586

585

— %

— %

Subordinated notes

449

449

448

— %

— %

Total borrowed funds

10,937

11,186

12,184

-2 %

-10 %

Other liabilities

1,115

990

1,184

13 %

-6 %

Total liabilities

79,573

79,008

79,368

1 %

— %

Mezzanine equity:

Preferred stock - Series B

1

1

1

— %

— %

Stockholders' equity:

Preferred stock - Series A and D

503

503

503

— %

— %

Common stock

4

4

4

— %

— %

Paid-in capital in excess of par

9,299

9,288

9,303

— %

— %

Retained earnings

(958)

(980)

(988)

-2 %

-3 %

Treasury stock, at cost

(161)

(167)

(190)

-4 %

-15 %

Accumulated other comprehensive loss, net of tax:

(547)

(528)

(489)

4 %

12 %

Total stockholders' equity

8,140

8,120

8,143

— %

— %

Total liabilities, Mezzanine and Stockholders' Equity

$      87,714

$     87,129

$       87,512

1 %

— %

FLAGSTAR BANK, N.A.

CONSOLIDATED STATEMENTS OF INCOME (LOSS)

(unaudited)

June 30, 2026

For the Three Months Ended

compared to

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

(dollars in millions, except per share data)

Interest Income:

Loans and leases

$         751

$        754

$         840

— %

-11 %

Securities and money market investments

225

230

303

-2 %

-26 %

Total interest income

976

984

1,143

-1 %

-15 %

Interest Expense:

Interest-bearing checking and money market accounts

126

114

162

11 %

-22 %

Savings accounts

97

101

110

-4 %

-12 %

Certificates of deposit

201

203

287

-1 %

-30 %

Borrowed funds

112

123

165

-9 %

-32 %

Total interest expense

536

541

724

-1 %

-26 %

Net interest income

440

443

419

-1 %

5 %

Provision for credit losses

18

—

64

NM

-72 %

Net interest income after provision for credit losses

422

443

355

-5 %

19 %

Non-Interest Income:

Fee income

26

23

22

13 %

18 %

Bank-owned life insurance

13

10

10

30 %

30 %

Net gain (loss) on investment securities

4

(9)

—

NM

NM

Net gain on loan sales and securitizations

4

5

6

-20 %

-33 %

Net loan administration income (loss)

1

—

1

NM

— %

Other income

28

26

38

8 %

-26 %

Total non-interest income

76

55

77

38 %

-1 %

Non-Interest Expense:

Operating expenses:

Compensation and benefits

220

228

237

-4 %

-7 %

Occupancy and equipment

46

50

53

-8 %

-13 %

Software expense

49

47

38

4 %

29 %

FDIC insurance

30

30

49

— %

-39 %

Professional services

19

22

23

-14 %

-17 %

General and administrative

63

64

72

-2 %

-13 %

Total operating expenses

427

441

472

-3 %

-10 %

Intangible asset amortization

23

25

27

-8 %

-15 %

Merger-related expenses

—

—

14

NM

-100 %

Total non-interest expense

450

466

513

-3 %

-12 %

Income (loss) before income taxes

48

32

(81)

50 %

NM

Income tax expense (benefit)

14

11

(11)

27 %

NM

Net income (loss)

34

21

(70)

62 %

NM

Preferred stock dividends

8

8

8

— %

— %

Net income (loss) attributable to common stockholders

$           26

$         13

$          (78)

100 %

NM

Basic earnings (loss) per common share

$         0.06

$       0.03

$        (0.19)

100 %

NM

Diluted earnings (loss) per common share

$         0.06

$       0.03

$        (0.19)

100 %

NM

Dividends per common share

$         0.01

$       0.01

$         0.01

— %

— %

FLAGSTAR BANK, N.A.

CONSOLIDATED STATEMENTS OF INCOME (LOSS)

(unaudited)

For the Six Months Ended

June 30, 2026

June 30, 2025

Compare

(dollars in millions, except per share data)

Interest Income:

Loans and leases

$        1,505

$        1,700

-11 %

Securities and money market investments

455

607

-25 %

Total interest income

1,960

2,307

-15 %

Interest Expense:

Interest-bearing checking and money market accounts

240

329

-27 %

Savings accounts

198

221

-10 %

Certificates of deposit

404

595

-32 %

Borrowed funds

235

333

-29 %

Total interest expense

1,077

1,478

-27 %

Net interest income

883

829

7 %

Provision for credit losses

18

143

-87 %

Net interest income after provision for credit losses

865

686

26 %

Non-Interest Income:

Fee income

49

44

11 %

Bank-owned life insurance

23

20

15 %

Net loss on investment securities

(5)

—

NM

Net gain on loan sales and securitizations

9

19

-53 %

Net loan administration income

1

5

-80 %

Other income

54

69

-22 %

Total non-interest income

131

157

-17 %

Non-Interest Expense:

Operating expenses:

Compensation and benefits

448

481

-7 %

Occupancy and equipment

96

108

-11 %

Software expenses

96

80

20 %

FDIC insurance

60

99

-39 %

Professional services

41

49

-16 %

General and administrative

127

151

-16 %

Total operating expenses

868

968

-10 %

Intangible asset amortization

48

55

-13 %

Merger-related expenses

—

22

-100 %

Total non-interest expense

916

1,045

-12 %

Income (loss) before income taxes

80

(202)

NM

Income tax expense (benefit)

25

(32)

NM

Net income (loss)

55

(170)

NM

Preferred stock dividends

16

16

— %

Net income (loss) attributable to common stockholders

$           39

$        (186)

NM

Basic earnings (loss) per common share

$         0.09

$        (0.45)

NM

Diluted earnings (loss) per common share

$         0.08

$        (0.45)

NM

Dividends per common share

$         0.02

$         0.02

— %

FLAGSTAR BANK, N.A.
RECONCILIATIONS OF CERTAIN GAAP AND NON-GAAP FINANCIAL MEASURES

In addition to GAAP measures, management considers various non-GAAP measures when evaluating the performance of the business. 

We believe that non-interest income, operating expenses, pre-provision net (loss) revenue (which includes both non-interest income and non-interest expense), net income (loss), net income (loss) attributed to common stockholders, diluted earnings (loss) per share, the net interest margin, and our efficiency ratio as adjusted for items that we believe are not indicative of core operating results, such as but not limited to merger and restructuring expenses, litigation settlement expenses related to cases prior to the acquisition of Flagstar Bank, NA, fair value adjustments on non-core equity investments, as well as adjustments for severance and impairment charges and other exit costs resulting from strategic shifts in our operations provide valuable insights to investors by highlighting our underlying performance.  These non-GAAP metrics also facilitate meaningful comparisons to other financial institutions, as they are widely used and frequently referenced by investors and analysts.

We believe average tangible common stockholders' equity, tangible common stockholders' equity, average tangible assets and tangible book value per share are important measures for evaluating the performance of the business without the impact of our intangible assets.  These non-GAAP metrics also provide investors with important indications regarding our ability to grow the business, our ability to pay dividends as well as engage in capital strategies in addition to facilitating meaningful comparisons to other financial institutions, as they are widely used and frequently referenced by investors and analysts.

These non-GAAP measures should not be considered in isolation or as a substitute for comparable measures calculated in accordance with GAAP.  Moreover, the way we calculate these non-GAAP measures may differ from that of other companies reporting non-GAAP measures with similar names. The following tables reconcile the above the non-GAAP financial measures we use to their comparable GAAP financial measures, to the extent not reconciled earlier in this earnings release, for the stated periods:

At or for the

Three Months Ended,

Six Months Ended,

(dollars in millions)

June 30, 2026

March 31, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Total Stockholders' Equity

$      8,140

$        8,120

$     8,095

$     8,140

$     8,095

Less: Core deposit and other intangible assets

(333)

(356)

(433)

(333)

(433)

Less: Preferred stock - Series A and D

(503)

(503)

(503)

(503)

(503)

Tangible common stockholders' equity

$      7,304

$        7,261

$     7,159

$     7,304

$     7,159

Total Stockholders' Equity

$      8,140

$        8,120

$     8,095

$     8,140

$     8,095

Less: Preferred stock

$       (503)

$         (503)

$      (503)

$     (503)

$     (503)

Common stockholders' equity

$      7,637

$        7,617

$     7,592

$     7,637

$     7,592

Total Assets

$     87,714

$       87,129

$    92,237

$   87,714

$   92,237

Less: Core deposit and other intangible assets

(333)

(356)

(433)

(333)

(433)

Tangible Assets

$     87,381

$       86,773

$    91,804

$   87,381

$   91,804

Average common stockholders' equity

$      7,670

$        7,694

$     7,486

$     7,681

$     7,592

Less: Other intangible assets

(349)

(373)

(450)

$     (361)

$     (464)

Average tangible common stockholders' equity

$      7,321

$        7,321

$     7,036

$     7,320

$     7,128

Average Assets

$     86,694

$       87,057

$    96,710

$   86,874

$   97,902

Less: Core deposit and other intangible assets

(349)

(373)

(450)

(361)

(464)

Average tangible assets

$     86,345

$       86,684

$    96,260

$   86,513

$   97,438

GAAP MEASURES:

Return (loss) on average assets (1)

0.16 %

0.10 %

(0.29) %

0.13 %

(0.35) %

Return (loss) on average common stockholders' equity (2)

1.37 %

0.66 %

(4.20) %

1.01 %

(4.92) %

Book value per common share

$      18.31

$        18.28

$     18.28

$     18.31

$     18.28

Common stockholders' equity to total assets

8.71 %

8.74 %

8.23 %

8.71 %

8.23 %

NON-GAAP MEASURES:

Return (loss) on average tangible assets (1)

0.15 %

0.13 %

(0.21) %

0.14 %

(0.28) %

Return (loss) on average tangible common stockholders' equity (2)

1.29 %

1.04 %

(3.41) %

1.16 %

(4.33) %

Tangible book value per common share

$      17.51

$        17.42

$     17.24

$     17.51

$     17.24

Tangible common stockholders' equity to tangible assets

8.36 %

8.37 %

7.80 %

8.36 %

7.80 %

(1)

To calculate return on average assets for a period, we divide net income, or non-GAAP net income, generated during that period by average assets recorded during that period. To calculate return on average tangible assets for a period, we divide net income by average tangible assets recorded during that period.

(2)

To calculate return on average common stockholders' equity for a period, we divide net income attributable to common stockholders, or non-GAAP net income attributable to common stockholders, generated during that period by average common stockholders' equity recorded during that period. To calculate return on average tangible common stockholders' equity for a period, we divide net income attributable to common stockholders generated during that period by average tangible common stockholders' equity recorded during that period.

For the Three Months Ended

For the Six Months Ended

(dollars in millions, except per share data)

June 30, 2026

March 31, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Net income (loss) - GAAP

$         34

$            21

$        (70)

$         55

$       (170)

Merger-related expenses(1)

—

—

14

—

22

Severance

—

—

2

—

2

Lease cost acceleration related to closing branches

—

—

7

—

12

Trailing mortgage sale costs with Mr. Cooper

—

—

3

—

8

Net (gain) loss on investment security

(4)

9

—

5

—

Total adjustments

$         (4)

$             9

$         25

$          5

$         44

Tax effect on adjustments

1

(2)

(7)

(1)

(11)

Net income (loss), as adjusted - non-GAAP

$         31

$            28

$        (52)

$         59

$       (138)

Preferred stock dividends

8

8

8

16

16

Net income (loss) attributable to common stockholders, as adjusted - non-GAAP

$         23

$            20

$        (60)

$         43

$       (153)

(1)

Certain merger-related items are not taxable or deductible.

(2)

Amounts may not foot as a result of rounding.

For the Three Months Ended

For the Six Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Amount

Per Share

Amount

Per Share

Amount

Per Share

Amount

Per Share

Amount

Per Share

Diluted Earnings (Loss) Per Share - GAAP

$26

$0.06

$13

$0.03

$(78)

$(0.19)

$39

$0.08

$(186)

$(0.45)

Adjustments

$       (4)

(0.01)

9

0.02

25

0.06

5

0.01

44

0.11

Tax effect on adjustments

1

0.00

(2)

0.00

(7)

(0.02)

(1)

0.00

(11)

(0.03)

Diluted Earnings (Loss) Per 
Share, as adjusted - non-GAAP

$23

0.05

$20

0.04

$(60)

(0.14)

$43

0.09

$(153)

(0.37)

Total shares for diluted
earnings per common share

473,623,332

466,550,891

415,125,228

470,067,958

414,975,524

(1)

Amounts may not foot as a result of rounding.

For the Three Months Ended

For the Six Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

June 30, 2026

June 30, 2025

(dollars in millions)

Net interest income

$           440

$          443

$           419

$          883

$           829

Non-interest income

76

55

77

131

157

Total revenues

$           516

$          498

$          496

$        1,014

$          986

Total non-interest expense

450

466

513

916

1,045

Pre - provision net revenue (loss) (non-GAAP)

$            66

$           32

$           (17)

$           98

$           (59)

Merger-related expenses

—

—

14

—

22

Severance

—

—

2

—

2

Lease cost acceleration related to closing branches

—

—

7

—

12

Trailing mortgage sale costs with Mr. Cooper

—

—

3

—

8

Net (gain) loss on investment security

(4)

9

—

5

—

Pre - provision net revenue (loss) excluding merger-
related expenses, as adjusted (non-GAAP)

$            62

$           41

$             9

$          103

$           (15)

Provision for credit losses

(18)

—

(64)

(18)

(143)

Merger-related expenses

—

—

(14)

—

(22)

Severance

—

—

(2)

—

(2)

Lease cost acceleration related to closing branches

—

—

(7)

—

(12)

Trailing mortgage sale costs with Mr. Cooper

—

—

(3)

—

(8)

Net gain (loss) on investment security

4

(9)

—

(5)

—

Income (loss) before taxes

$            48

$           32

$           (81)

$           80

$          (202)

Income tax expense (benefit)

14

11

(11)

25

(32)

Net income (loss) (GAAP)

$            34

$           21

$           (70)

$           55

$         (170)

(1)

Amounts may not foot as a result of rounding.

June 30, 2026

For the Three Months Ended

Compared to:

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

(dollars in millions)

Net interest income

$                    440

$                   443

$                   419

Non-interest income

76

55

77

Total revenues (A)

$                    516

$                   498

$                   496

4 %

4 %

Total non-interest expense (B)

450

466

513

(3) %

(12) %

Operating leverage (A-B)

7 %

16 %

FLAGSTAR BANK, N.A.

NET INTEREST INCOME ANALYSIS

LINKED-QUARTER AND YEAR-OVER-YEAR COMPARISONS (unaudited)

For the Three Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

(dollars in millions)

Average
Balance

Interest

Average
Yield/Cost

Average
Balance

Interest

Average
Yield/Cost

Average
Balance

Interest

Average
Yield/Cost

Assets:

Interest-earning assets:

Total loans and leases (1)

$    60,971

$   751

4.91 %

$   60,840

$   754

4.97 %

$   65,824

$    840

5.12 %

Securities(2)

17,037

180

4.22

16,840

179

4.25

15,169

170

4.48

Interest-earning cash and cash equivalents

5,042

45

3.63

5,631

51

3.64

12,054

133

4.42

Total interest-earning assets

83,050

$   976

4.71

83,311

$   984

4.79

93,047

$  1,143

4.93

Non-interest-earning assets

3,644

3,746

3,663

Total assets

$    86,694

$   87,057

$   96,710

Liabilities and Stockholders' Equity:

Interest-bearing deposits:

Interest-bearing checking and money market accounts

$    19,617

$   126

2.55 %

$   18,703

$   114

2.49 %

$   20,497

$    162

3.16 %

Savings accounts

14,857

97

2.63

14,905

101

2.74

14,353

110

3.07

Certificates of deposit

20,694

201

3.90

20,565

203

4.00

25,310

287

4.55

Total interest-bearing deposits

55,168

424

3.08

54,173

418

3.13

60,160

559

3.73

Borrowed funds

10,276

112

4.37

11,401

123

4.38

14,105

165

4.70

Total interest-bearing liabilities

65,444

$   536

3.28

65,574

$   541

3.35

$   74,265

$    724

3.91

Non-interest-bearing deposits

11,970

11,955

12,731

Other liabilities

1,106

1,330

1,724

Total liabilities

78,520

78,859

88,720

Stockholders' and mezzanine equity

8,174

8,198

7,990

Total liabilities and stockholders' equity

$    86,694

$   87,057

$   96,710

Net interest income/interest rate spread

$   440

1.43 %

$   443

1.44 %

$    419

1.02 %

Net interest margin

2.13 %

2.15 %

1.81 %

Ratio of interest-earning assets to interest-bearing liabilities

 1.27 x

 1.27 x

 1.25 x

(1)

Comprised of Loans and leases held for investment, net of deferred loan fees and costs, and Loans held for sale.

(2)

Comprised of Debt securities available-for-sale at amortized cost, Equity investments with readily determinable fair values, at fair value and FHLB stock and FRB-NY stock, at cost.

(3)

Amounts may not foot as a result of rounding.

For the Six Months Ended

June 30, 2026

June 30, 2025

(dollars in millions)

Average
Balance

Interest

Average
Yield/Cost

Average
Balance

Interest

Average
Yield/Cost

Assets:

Interest-earning assets:

Total loans and leases (1)

$       60,906

$       1,505

4.94 %

$        67,011

$    1,700

5.12 %

Securities(2)

16,939

359

4.24

14,124

318

4.50

Interest-earning cash and cash equivalents

5,335

96

3.64

13,193

289

4.42

Total interest-earning assets

83,180

$       1,960

4.75

94,328

$    2,307

4.93

Non-interest-earning assets

3,694

3,574

Total assets

$       86,874

$        97,902

Liabilities and Stockholders' Equity:

Interest-bearing deposits:

Interest-bearing checking and money market accounts

$       19,162

$         240

2.52 %

$        20,758

$      329

3.20 %

Savings accounts

14,881

198

2.69

14,351

221

3.10

Certificates of deposit

20,630

404

3.95

25,830

595

4.65

Total interest-bearing deposits

54,673

842

3.10

60,939

1,145

3.79

Borrowed funds

10,835

235

4.32

14,240

333

4.71

Total interest-bearing liabilities

65,508

$       1,077

3.31

75,179

$    1,478

3.96

Non-interest-bearing deposits

11,963

12,899

Other liabilities

1,218

1,728

Total liabilities

78,689

89,806

Stockholders' and mezzanine equity

8,185

8,096

Total liabilities and stockholders' equity

$       86,874

$        97,902

Net interest income/interest rate spread

$         883

1.44 %

$      829

0.97 %

Net interest margin

2.14 %

1.77 %

Ratio of interest-earning assets to interest-bearing liabilities

 1.27 x

 1.25 x

(1)

Comprised of Loans and leases held for investment, net of deferred loan fees and costs, and Loans held for sale.

(2)

Comprised of Debt securities available-for-sale at amortized cost, Equity investments with readily determinable fair values, at fair value and FHLB stock and FRB-NY stock, at cost.

(3)

Amounts may not foot as a result of rounding.

FLAGSTAR BANK, N.A.

CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited)

(dollars in millions)

For the Three Months Ended

For the Six Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

June 30, 2026

June 30, 2025

OTHER FINANCIAL MEASURES:

Efficiency ratio(1)

87.08 %

93.65 %

103.37 %

90.33 %

106.02 %

Efficiency ratio, as adjusted (2)

82.65

88.68

95.34

85.63

98.28

Operating expenses to average assets

1.97

2.03

1.96

1.00

0.99

Effective tax rate

28.2

34.9

12.9

30.9

15.9

Shares used for basic EPS per common share

416,829,060

416,149,153

415,125,228

416,490,985

414,975,524

Shares used for diluted EPS per common share

473,623,332

466,550,891

415,125,228

470,067,958

414,975,524

Common shares outstanding at the respective period-ends

417,018,972

416,777,393

415,353,394

417,018,972

415,353,394

(1)

We calculate our efficiency ratio by dividing our non-interest expense by the sum of our net interest income and non-interest income.

(2)

We calculate our efficiency ratio, as adjusted, by dividing our operating expenses by the sum of our net interest income and non-interest income.

FLAGSTAR BANK, N.A.

CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited)

ASSET QUALITY SUMMARY

The following table presents the Bank's asset quality measures at the respective dates:

June 30, 2026

compared to

(dollars in millions)

June 30, 2026

March 31, 2026

June 30, 2025

March 31, 2026

June 30, 2025

Non-accrual loans held for investment:

Multi-family

$        2,132

$         2,025

$        2,388

5 %

-11 %

Commercial real estate

471

441

563

7 %

-16 %

One-to-four family first mortgage

60

59

81

2 %

-26 %

Commercial and industrial

111

122

123

-9 %

-10 %

Other non-accrual loans

26

28

25

-7 %

4 %

Total non-accrual loans held for investment

2,800

2,675

3,180

5 %

-12 %

Repossessed assets

8

8

11

-6 %

-30 %

Total non-accrual held for investment loans and repossessed assets

$        2,808

$         2,683

$        3,191

5 %

-12 %

Non-accrual loans held for sale:

One-to-four family first mortgage

5

7

4

-29 %

25 %

Total non-accrual mortgage loans held for sale

$            5

$             7

$            4

-29 %

25 %

FLAGSTAR BANK, N.A.

SUPPLEMENTAL FINANCIAL INFORMATION (unaudited)

The following table presents information regarding the delinquency status of our loans held for investment:

(dollars in millions)

Current

Loans 30-89 Days
Past Due

Loans 90 Days or More Past
Due and Still Accruing

Non-Accrual
Loans

Total Loans
Receivable

June 30, 2026

Multi-family

$    24,528

$             233

$                       38

$         2,132

$          26,931

Commercial real estate

7,730

30

13

471

8,244

One-to-four family first mortgage

5,698

9

—

60

5,767

Commercial and industrial

18,370

82

—

111

18,563

Other

1,442

14

—

26

1,482

Total

$    57,768

$             368

$                       51

$         2,800

$          60,987

March 31, 2026

Multi-family

$    25,159

$             677

$                        2

$         2,025

$          27,863

Commercial real estate

8,250

129

13

441

8,833

One-to-four family first mortgage

5,513

66

2

59

5,640

Commercial and industrial

16,371

60

15

122

16,568

Other

1,458

35

—

28

1,521

Total

$    56,751

$             967

$                       32

$         2,675

$          60,425

June 30, 2025

Multi-family

$    29,152

$             392

$                       —

$         2,388

$          31,932

Commercial real estate

9,958

115

—

563

10,636

One-to-four family first mortgage

5,334

30

—

81

5,445

Commercial and industrial

14,265

38

—

123

14,426

Other

1,628

29

—

25

1,682

Total

$    60,337

$             604

$                       —

$         3,180

$          64,121

The following table summarizes the Bank's net charge-offs (recoveries) for the respective periods:

For the Three Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

(dollars in millions)

Net Charge-offs
(Recoveries)

Average
Balance

%(1)

Net Charge-offs
(Recoveries)

Average
Balance

%(1)

Net Charge-offs
(Recoveries)

Average
Balance

%(1)

Multi-family

$           80

$  27,331

1.17 %

$           72

$  28,555

1.01 %

$           96

$  32,847

1.17 %

Commercial real estate

1

8,723

0.05

8

9,204

0.35

13

11,061

0.47

One-to-four family residential

1

5,353

0.07

1

5,284

0.08

1

4,995

0.08

Commercial and industrial

13

17,446

0.30

(8)

15,626

(0.20)

3

14,486

0.08

Other

5

1,514

1.32

5

1,558

1.28

4

1,711

0.94

Total

$          100

$  60,367

0.66 %

$           78

$  60,227

0.52 %

$          117

$  65,100

0.72 %

(1)

Three months ended presented on an annualized basis.

For the Six Months Ended

June 30, 2026

June 30, 2025

(dollars in millions)

Net Charge-offs
(Recoveries)

Average
Balance

%(1)

Net Charge-offs
(Recoveries)

Average
Balance

%(1)

Multi-family

$          152

$  27,939

1.09 %

$          176

$  33,378

1.05 %

Commercial real estate

9

8,962

0.20

15

11,251

0.27

One-to-four family residential

2

5,319

0.08

2

4,989

0.08

Commercial and industrial

5

16,541

0.06

31

14,706

0.42

Other

10

1,536

1.30

8

1,728

0.93

Total

$          178

$  60,297

0.59 %

$          232

$  66,052

0.70 %

(1)

Six months ended presented on an annualized basis.

SOURCE Flagstar Bank, N.A.

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Pentair plc. (NYSE: PNR) for potential securities fraud after its significant stock drop.

If you invested in Pentair, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/pentair-class-action-lawsuit

Key Details of the Pentair ($PNR) Class Action Investigation:

Investigation Overview: Securities fraud relating to destocking of inventory by channel partners in Pentair’s Pool segment amid Pentair’s CFO departure.Stock Decline: July 15, 2026 – 15% Stock DropAction: Contact BFA Law to discuss your rights
Why is Pentair Being Investigated for Securities Fraud?

Pentair is being investigated for securities fraud following a significant stock drop. The decline in Pentair’s stock price caused significant losses to investors.

Pentair is a sustainable water solutions company comprised of three reportable segments: Flow, Water Solutions, and Pool. Pool is Pentair’s most profitable business segment.

BFA is investigating whether Pentair misled investors by making misstatements about its inventory levels by pool industry distributors. 

Why did Pentair’s Stock Drop?

On July 14, 2026, after market hours, Pentair released its 2026 Q2 financial results. Pentair announced a significant 17% year-over-year decline in sales due to the adverse impact of Pool channel inventory. Pentair estimated the destocking of inventory in the Pool channel negatively impacted Pool segment sales by approximately $170 million and Pool segment income by approximately $105 million. The same day, Pentair also announced the departure of its CFO Nick Brazis, just four months after taking the position.

This news caused the price of Pentair common stock to decline $11.35 per share, or 15%, from $75.68 per share on July 14, 2026, to $64.33 per share on July 15, 2026.

Click here for more information: https://www.bfalaw.com/cases/pentair-class-action-lawsuit.

What Can You Do?

If you invested in Pentair, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/pentair-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/pentair-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

LONDON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the second-quarter 2026. Second-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Jun. 30,2026 Mar. 31,2026 Jun. 30,2025 Sequential Year-on-year Revenue $8,972   $8,721   $8,546 3%   5% Income before taxes - GAAP basis $1,018   $956   $1,285 6%   -21% Income before taxes margin - GAAP basis 11.3%   11.0%   15.0% 38 bps   -369 bps Net income attributable to SLB - GAAP basis $786   $752   $.

Posted by Defense World Staff on Jul 24th, 2026

Arrowstreet Capital Limited Partnership increased its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 58.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,243,825 shares of the basic materials company’s stock after acquiring an additional 830,726 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.80% of Ecolab worth $596,902,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wexford Capital LP bought a new stake in shares of Ecolab during the 3rd quarter valued at about $25,000. JPL Wealth Management LLC bought a new stake in Ecolab in the third quarter worth approximately $26,000. Kemnay Advisory Services Inc. bought a new stake in Ecolab in the fourth quarter worth approximately $27,000. Costello Asset Management INC acquired a new position in Ecolab in the first quarter valued at approximately $27,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Ecolab during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 74.91% of the company’s stock.

Insiders Place Their Bets In related news, Director David Maclennan acquired 1,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were acquired at an average cost of $250.65 per share, for a total transaction of $250,650.00. Following the purchase, the director owned 25,230 shares in the company, valued at approximately $6,323,899.50. The trade was a 4.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Darrell R. Brown sold 10,000 shares of Ecolab stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $260.89, for a total transaction of $2,608,900.00. Following the transaction, the chief operating officer directly owned 32,733 shares in the company, valued at $8,539,712.37. This represents a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders bought a total of 10,550 shares of company stock worth $2,719,508 in the last three months. 0.50% of the stock is owned by corporate insiders.

Ecolab Stock Down 1.3% Ecolab stock opened at $263.54 on Friday. The firm has a market capitalization of $74.17 billion, a price-to-earnings ratio of 35.66, a price-to-earnings-growth ratio of 2.33 and a beta of 0.89. The firm’s fifty day moving average price is $266.20 and its two-hundred day moving average price is $273.16. Ecolab Inc. has a 1-year low of $243.15 and a 1-year high of $309.27. The company has a current ratio of 0.99, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69.

Ecolab (NYSE:ECL – Get Free Report) last posted its earnings results on Tuesday, April 28th. The basic materials company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.03 billion. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.50 earnings per share. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. On average, equities research analysts predict that Ecolab Inc. will post 8.18 earnings per share for the current fiscal year.

Ecolab Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.92 annualized dividend and a dividend yield of 1.1%. Ecolab’s payout ratio is presently 39.51%.

Wall Street Analyst Weigh In Several analysts have recently weighed in on ECL shares. Wells Fargo & Company lifted their price objective on shares of Ecolab from $260.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 10th. Citigroup raised their price target on shares of Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Oppenheimer raised shares of Ecolab from a “market perform” rating to an “outperform” rating and set a $320.00 price target for the company in a research note on Friday, July 17th. Bank of America upped their price objective on shares of Ecolab from $337.00 to $345.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, UBS Group raised shares of Ecolab from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $293.00 to $325.00 in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $324.06.

Get Our Latest Analysis on ECL

Ecolab Profile (Free Report)

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.

See Also Five stocks we like better than Ecolab Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ:GTM) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.

Key Details of the ZoomInfo ($GTM) Class Action:

Lead Plaintiff Deadline: August 24, 2026Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo’s AI-integrated products on customer retentionStock Drop: May 12, 2026 – 33% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.

Why is ZoomInfo Being Sued for Securities Fraud?

ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo’s stock price caused significant losses to investors.

ZoomInfo provides go-to-market (“GTM”) intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals.

Throughout the relevant period, ZoomInfo allegedly stated that “the demand for AI for GTM is evident up and down our customer stack.” According to ZoomInfo, its “innovative go-to-market AI” was “driving stronger daily engagement from a diverse set of go-to-market personas.”

On February 9, 2026, ZoomInfo issued its 2026 revenue guidance “in the range of $1.247 billion to $1.267 billion,” because “in 2026, our focus is on bringing” ZoomInfo’s “all-in-one AI platform for go-to-market teams . . . to our customers at scale.”

In truth, as alleged, ZoomInfo’s customer retention declined as customers were rejecting ZoomInfo’s AI products.

Why did ZoomInfo’s Stock Drop?

On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth “regressed” due to “AI and agentic confusion” leading to “a pause in [customers’] purchasing decisions[.]”

This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026.

Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.

What Can You Do?

If you invested in ZoomInfo, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.”  One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

Posted by Defense World Staff on Jul 24th, 2026

Bessemer Group Inc. lessened its stake in shares of Elevance Health, Inc. (NYSE:ELV – Free Report) by 97.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,297 shares of the company’s stock after selling 138,897 shares during the quarter. Bessemer Group Inc.’s holdings in Elevance Health were worth $1,258,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ELV. Bank of New York Mellon Corp grew its stake in Elevance Health by 18.1% during the first quarter. Bank of New York Mellon Corp now owns 2,845,280 shares of the company’s stock worth $832,956,000 after buying an additional 436,576 shares during the last quarter. Signet Financial Management LLC raised its stake in shares of Elevance Health by 3.5% in the first quarter. Signet Financial Management LLC now owns 837 shares of the company’s stock valued at $245,000 after acquiring an additional 28 shares during the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of Elevance Health by 11.3% in the 1st quarter. Checchi Capital Advisers LLC now owns 2,194 shares of the company’s stock worth $642,000 after acquiring an additional 222 shares in the last quarter. AMG National Trust Bank boosted its holdings in shares of Elevance Health by 84.7% in the 1st quarter. AMG National Trust Bank now owns 7,300 shares of the company’s stock worth $2,137,000 after acquiring an additional 3,348 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Elevance Health by 36.8% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,480 shares of the company’s stock worth $726,000 after acquiring an additional 667 shares during the last quarter. Institutional investors and hedge funds own 89.24% of the company’s stock.

Elevance Health Stock Down 2.7% Shares of ELV opened at $378.48 on Friday. The business’s fifty day moving average price is $399.00 and its two-hundred day moving average price is $356.37. The firm has a market capitalization of $82.08 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 2.24 and a beta of 0.67. Elevance Health, Inc. has a 52 week low of $273.71 and a 52 week high of $436.24. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.52 and a current ratio of 1.52.

Elevance Health (NYSE:ELV – Get Free Report) last released its earnings results on Wednesday, July 15th. The company reported $7.45 earnings per share for the quarter, topping analysts’ consensus estimates of $6.21 by $1.24. The company had revenue of $49.83 billion during the quarter, compared to the consensus estimate of $48.88 billion. Elevance Health had a return on equity of 14.64% and a net margin of 2.47%.The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.84 earnings per share. On average, analysts predict that Elevance Health, Inc. will post 27.08 earnings per share for the current year.

Elevance Health Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Thursday, September 10th will be given a dividend of $1.72 per share. The ex-dividend date is Thursday, September 10th. This represents a $6.88 dividend on an annualized basis and a yield of 1.8%. Elevance Health’s dividend payout ratio is presently 30.58%.

Insider Activity In other news, Director Robert L. Dixon, Jr. sold 151 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $401.77, for a total value of $60,667.27. Following the transaction, the director owned 10,734 shares of the company’s stock, valued at approximately $4,312,599.18. This trade represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.34% of the company’s stock.

Analyst Ratings Changes Several brokerages have issued reports on ELV. UBS Group lifted their price objective on Elevance Health from $400.00 to $460.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. The Goldman Sachs Group restated a “neutral” rating and set a $395.00 target price on shares of Elevance Health in a report on Thursday, July 16th. TD Cowen lifted their price target on Elevance Health from $400.00 to $465.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Jefferies Financial Group reduced their price target on shares of Elevance Health from $395.00 to $391.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Finally, Citigroup raised shares of Elevance Health to a “buy” rating in a report on Wednesday, April 29th. Fifteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Elevance Health has a consensus rating of “Moderate Buy” and an average target price of $440.90.

Get Our Latest Stock Analysis on Elevance Health

Elevance Health Company Profile (Free Report)

Elevance Health, Inc (NYSE: ELV) is a large U.S.-based health benefits company that provides a broad range of health insurance products and related services. Headquartered in Indianapolis, the company rebranded from Anthem, Inc to Elevance Health in 2022 while continuing to operate consumer-facing health plans under established state and national brands. Gail Boudreaux serves as chief executive officer and president, leading the company’s strategic focus on integrated health care and benefit delivery.

Elevance’s core activities include offering medical and specialty health plans for individuals, employers and government programs, including Medicare and Medicaid managed-care products.

See Also Five stocks we like better than Elevance Health Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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Posted by Defense World Staff on Jul 24th, 2026

Andra AP fonden lowered its stake in shares of Synchrony Financial (NYSE:SYF – Free Report) by 87.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,701 shares of the financial services provider’s stock after selling 254,599 shares during the period. Andra AP fonden’s holdings in Synchrony Financial were worth $2,428,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new position in Synchrony Financial during the fourth quarter worth about $29,000. Fideuram Asset Management Ireland dac acquired a new position in Synchrony Financial during the fourth quarter worth approximately $29,000. FWL Investment Management LLC bought a new stake in Synchrony Financial in the third quarter valued at approximately $26,000. Reflection Asset Management bought a new position in shares of Synchrony Financial during the 4th quarter worth approximately $31,000. Finally, Palisade Asset Management LLC bought a new position in shares of Synchrony Financial during the 3rd quarter worth approximately $29,000. 96.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes A number of equities analysts have commented on SYF shares. TD Cowen upped their price objective on shares of Synchrony Financial from $89.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Loop Capital began coverage on Synchrony Financial in a report on Friday, May 22nd. They issued a “hold” rating and a $81.00 price objective on the stock. BTIG Research cut Synchrony Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 22nd. Barclays upped their price target on shares of Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Finally, Wells Fargo & Company lowered their price target on shares of Synchrony Financial from $95.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday. Twelve investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $86.89.

Check Out Our Latest Research Report on SYF

Synchrony Financial News Summary Here are the key news stories impacting Synchrony Financial this week:

Positive Sentiment: Robert W. Baird raised its price target on Synchrony Financial to $90 from $86 and kept an outperform rating, signaling continued confidence in upside after earnings. Article Positive Sentiment: Wells Fargo lowered its price target to $88 from $95 but maintained an overweight rating, still implying meaningful upside from current levels. Article Positive Sentiment: Bank of America reiterated a Buy rating on Synchrony Financial and set a $89 target, reinforcing the view that the company’s stronger-than-expected results and 2026 outlook remain supportive. Article Neutral Sentiment: Synchrony’s Q2 2026 earnings conference call transcript is drawing investor attention for additional detail on management’s outlook and credit trends. Article Neutral Sentiment: Coverage discussing how card issuers are looking beyond credit scores highlights a more segmented consumer-credit market, which may be relevant to Synchrony but does not directly change the company’s fundamentals. Article Negative Sentiment: Royal Bank of Canada cut its price target to $80 from $85 and kept a sector perform rating, reflecting a more cautious stance after the latest results. Article Negative Sentiment: Another article questions whether Synchrony Financial is cheap versus its stronger guidance and weaker share price, suggesting investors are still debating whether the recent run-up in earnings optimism is already priced in. Article Synchrony Financial Trading Down 1.5% Shares of SYF opened at $71.73 on Friday. Synchrony Financial has a 52-week low of $63.08 and a 52-week high of $88.77. The business’s fifty day moving average is $73.27 and its 200-day moving average is $73.06. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.22. The firm has a market cap of $24.13 billion, a price-to-earnings ratio of 7.35, a PEG ratio of 0.68 and a beta of 1.32.

Synchrony Financial (NYSE:SYF – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.45. Synchrony Financial had a return on equity of 23.09% and a net margin of 15.44%.The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.72 billion. During the same quarter in the previous year, the firm earned $2.50 EPS. Synchrony Financial has set its FY 2026 guidance at 9.250-9.500 EPS. Equities analysts anticipate that Synchrony Financial will post 9.36 EPS for the current fiscal year.

Synchrony Financial Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Wednesday, August 5th will be given a $0.34 dividend. This is an increase from Synchrony Financial’s previous quarterly dividend of $0.30. This represents a $1.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, August 5th. Synchrony Financial’s dividend payout ratio (DPR) is 12.41%.

Synchrony Financial declared that its Board of Directors has approved a share repurchase program on Tuesday, April 21st that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Insiders Place Their Bets In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the transaction, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This represents a 27.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by corporate insiders.

About Synchrony Financial (Free Report)

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.

Recommended Stories Five stocks we like better than Synchrony Financial Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding SYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synchrony Financial (NYSE:SYF – Free Report).

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The math has never been kinder to legacy automakers, and it has never mattered less to Tesla’s stock. Tesla (NASDAQ:TSLA | TSLA Price Prediction) carried a market capitalization of $1.423 trillion as of July 21, 2026, per FactSet data cited by the Wall Street Journal. The combined market cap of the next 37 largest consumer vehicle and parts manufacturers on that same date was $1.415 trillion, a list that includes Toyota, BYD, Ferrari, General Motors, Ford, and Hyundai. Tesla alone is worth slightly more than all of them put together.

The Profit Gap Behind the Valuation Gap Toyota Motor (NYSE:TM) reported net income attributable to owners of the parent of $25.45 billion for its fiscal year ended March 31, 2026. Guidance for the current fiscal year points to roughly $23.8 billion, down about 25% year over year, largely attributed to U.S. tariff pressure. Tesla, by comparison, posted full-year 2025 GAAP net income of $3.8 billion and non-GAAP net income of $5.9 billion. Using Toyota’s guided fiscal figure against Tesla’s GAAP result produces the roughly 6.3x gap referenced in the headline. Toyota’s calendar-year 2025 net income of approximately $31.45 billion would push the ratio closer to 8x.

Toyota also absorbed a direct hit from trade policy. The company disclosed that U.S. tariffs negatively impacted FY2026 operating income by $8.81 billion, and its North America segment swung to an operating loss of $1.23 billion.

A Gap That Keeps Widening The “worth more than the competition combined” phenomenon is not new, but the scope has expanded. At the end of 2020, Tesla’s market cap was $0.669 trillion versus $0.663 trillion combined for just the next 7 largest automakers. Five years later, it takes 37 rivals to match Tesla’s market value.

Per-Vehicle Economics Are Converging As a separate data point, per-vehicle profitability tells its own story. Tesla’s profit per vehicle fell to about $2,140 in Q1 2026, down roughly 40% from $3,438 in the same period in 2025. Toyota’s profit per unit for the comparable period was reported at roughly $2,078, nearly matching Tesla’s.

Scale Still Belongs to the Incumbents Tesla’s full-year 2025 revenue was $94,827,000,000. Toyota’s FY2026 consolidated revenue was $323.62 billion, with $132.70 billion from North America alone. Tesla trades at a trailing P/E of 346; Toyota trades at 10.

What Investors Are Actually Pricing Tesla shares are down 28.91% year to date through July 23, 2026, following an earnings report in which non-GAAP EPS of $0.33 missed the $0.5367 estimate by 38.51% and operating margin compressed to 1.4%. Management framed the spending surge as a bridge to a different business, telling investors that “Over time, Tesla expects hardware-related profits to be accompanied by an acceleration of AI, software, and fleet-based profits.” That is the bet embedded in the market cap, priced against future earnings power rather than the current-year income statement.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Chipotle Mexican Grill (CMG -0.50%) stock has trended downward since 2024, and even when measured against its 52-week high, it is down by 39%. The fast-casual giant that became popular for its healthier food has fallen victim to shifting consumer preferences and the economic challenges facing its customers.

Now, investors await July 29, when the company will release its second-quarter results. But is the stock worth buying before the earnings release, or should investors remain on the sidelines until they get the latest numbers?

Image source: The Motley Fool.

The state of Chipotle today Shareholders have had little to celebrate about Chipotle's performance in recent quarters. 

In Q1, its comparable-store sales rose by just 0.5%. That's a stark contrast to Q1 2024, when comparable sales grew by 7%. Moreover, its operating margin in Q1 was 12.9%, down from 16.7% one year ago and 16.3% in Q1 2024, just before Chipotle underwent a 50-for-1 stock split.

That split closely coincided with the stock's all-time high. Since then, rising inflation has hammered U.S. consumers. At the same time, Chipotle has faced higher rent, labor, and food costs, squeezing its margins. Such challenges are not unique to Chipotle, but they still have weighed on the company.

Additionally, two years ago, Brian Niccol was its CEO. After he departed for Starbucks in mid-2024, former COO Scott Boatwright took over as CEO. Even though Boatwright previously oversaw many of Niccol's initiatives, he has so far failed to develop an effective turnaround strategy for the chain.

Investors have little reason to expect dramatic improvements in the near term. For the quarter, analysts forecast 8.7% yearly revenue growth. That would be a sequential improvement from its 7.4% in Q1, but well below the 18.2% revenue growth it reported in the second quarter of 2024.

Today's Change

(

-0.50

%) $

-0.16

Current Price

$

32.04

Nonetheless, the stock price may now better reflect the challenges the company faces. After its sell-off, Chipotle's P/E ratio has fallen to 29, matching the S&P 500's average earnings multiple. Between 2018 and 2025, the company's P/E ratio rarely fell below 50.

Hence, while today's earnings multiple may seem like a bargain compared to past valuations, that lower P/E ratio appears to signal a loss of confidence in Chipotle's ability to recover.

Should investors buy Chipotle stock before July 29? Considering the state of Chipotle's business, investors have no obvious reasons to buy shares before July 29.

Most of its problems do not appear to be unique to the fast casual restaurant chain. Also, a slight improvement in revenue growth could provide a much-needed updraft to the stock price.

Unfortunately, the rapid growth that kept its valuation high and drove its stock price higher in past years has ended, and it is unclear if or when Chipotle could reignite it.

While its P/E ratio has fallen significantly, Chipotle's earnings multiple would have to fall further before one might reasonably call it a value stock. Given that it has neither a low valuation nor an obvious path back to significantly faster revenue growth, this consumer discretionary stock is probably not a buy at this time.

Posted by Defense World Staff on Jul 24th, 2026

ABN Amro Investment Solutions lifted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 26.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,503 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,792 shares during the quarter. ABN Amro Investment Solutions’ holdings in Keysight Technologies were worth $2,401,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KEYS. Quarry LP acquired a new position in shares of Keysight Technologies in the 4th quarter worth approximately $25,000. Cornerstone Planning Group LLC lifted its stake in Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 30 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in Keysight Technologies during the first quarter valued at approximately $44,000. Entrust Financial LLC bought a new stake in Keysight Technologies during the fourth quarter worth approximately $45,000. Finally, DV Equities LLC bought a new stake in Keysight Technologies during the fourth quarter worth approximately $49,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 0.4% Shares of NYSE KEYS opened at $326.26 on Friday. Keysight Technologies Inc. has a one year low of $152.85 and a one year high of $374.96. The firm has a market capitalization of $55.76 billion, a PE ratio of 53.66, a PEG ratio of 1.86 and a beta of 1.21. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $337.27 and a two-hundred day moving average price of $298.71.

Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm’s quarterly revenue was up 31.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies In related news, CEO Satish Dhanasekaran sold 507 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the transaction, the chief executive officer directly owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. The trade was a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the completion of the transaction, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 5,507 shares of company stock valued at $1,904,669. Corporate insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets Several research analysts have issued reports on the company. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Barclays raised their price objective on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Citigroup lifted their target price on Keysight Technologies from $320.00 to $396.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Wells Fargo & Company boosted their target price on Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. boosted their target price on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average target price of $371.92.

View Our Latest Stock Report on Keysight Technologies

Keysight Technologies Profile (Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

Featured Articles Five stocks we like better than Keysight Technologies Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).

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Chicago, Illinois--(Newsfile Corp. - July 24, 2026) - Groupon, Inc. (NASDAQ: GRPN) announced today that it intends to release the company's second quarter 2026 financial results after the market closes on Thursday, August 6, 2026.

The company will also host a conference call to answer questions regarding the company's results at 8:00am ET on Friday, August 7, 2026. Investors may submit questions by emailing [email protected].

A webcast of the conference call can be accessed live at investor.groupon.com. A replay of the webcast will be available through the same link following the conference call, along with other published materials.

About Groupon

Groupon (www.groupon.com) (NASDAQ: GRPN) is a trusted local marketplace where consumers go to buy services and experiences that make life more interesting and deliver boundless value. To find out more about Groupon, please visit press.groupon.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306359

Source: Groupon

Posted by Defense World Staff on Jul 24th, 2026

Bank of New York Mellon Corp cut its position in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 458,226 shares of the company’s stock after selling 13,171 shares during the quarter. Bank of New York Mellon Corp owned 0.10% of Wheaton Precious Metals worth $60,032,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Assetmark Inc. grew its holdings in Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock worth $26,000 after acquiring an additional 130 shares during the last quarter. Harvest Fund Management Co. Ltd raised its stake in shares of Wheaton Precious Metals by 100.0% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after acquiring an additional 117 shares during the last quarter. Cary Street Partners Investment Advisory LLC bought a new position in shares of Wheaton Precious Metals during the fourth quarter valued at $28,000. Navalign LLC bought a new position in shares of Wheaton Precious Metals during the fourth quarter valued at $30,000. Finally, Eagle Bay Advisors LLC acquired a new position in shares of Wheaton Precious Metals during the fourth quarter worth $32,000. 70.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes A number of analysts recently weighed in on WPM shares. Weiss Ratings downgraded Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Scotiabank decreased their price target on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. Wall Street Zen downgraded Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. BMO Capital Markets began coverage on Wheaton Precious Metals in a research note on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective on the stock. Finally, Jefferies Financial Group reduced their target price on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $161.09.

Check Out Our Latest Report on WPM

Wheaton Precious Metals Price Performance WPM stock opened at $110.02 on Friday. The company’s 50-day moving average is $117.88 and its 200-day moving average is $131.79. The stock has a market capitalization of $49.96 billion, a PE ratio of 27.78, a price-to-earnings-growth ratio of 2.01 and a beta of 0.55. Wheaton Precious Metals Corp. has a 1 year low of $90.39 and a 1 year high of $165.76.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The company had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. During the same period in the prior year, the firm earned $0.55 earnings per share. Wheaton Precious Metals’s revenue for the quarter was up 91.7% on a year-over-year basis. On average, analysts anticipate that Wheaton Precious Metals Corp. will post 4.73 earnings per share for the current fiscal year.

Wheaton Precious Metals Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a $0.195 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 0.7%. Wheaton Precious Metals’s dividend payout ratio is 19.70%.

Key Stories Impacting Wheaton Precious Metals Here are the key news stories impacting Wheaton Precious Metals this week:

Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $4.71 from $4.65, signaling slightly better near-term earnings expectations. Positive Sentiment: The firm also increased FY2027 EPS estimates to $5.13 from $4.88, which may encourage investors looking for improving longer-term profitability. Positive Sentiment: Quarterly estimates were also lifted for Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q3 2026, Q4 2026, and Q2 2028, reinforcing a broadly improved earnings outlook for WPM. Neutral Sentiment: The consensus estimate for the current full-year earnings remains at $4.73 per share, so the revisions are positive but still close to broader market expectations. Wheaton Precious Metals Company Profile (Free Report)

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.

Recommended Stories Five stocks we like better than Wheaton Precious Metals Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) said it expects to return to year-on-year earnings growth in the second half after its Search division returned to profitability in June, completing its transition away from legacy AdSense for Domains revenue.

Adjusted EBITDA fell 21% year on year to US$19.5 million in the six months to June, though this represented an 8% improvement on the second half of 2025. Net revenue declined 16% to US$61 million, while gross margin widened to 34.1% from 27.6%.

The Comparison division increased adjusted EBITDA by 54% to US$8.4 million, alongside a 28% rise to US$13.7 million from Domains, Identity & Software. Search recorded a US$2.6 million loss across the half, but returned to profit in June following cost reductions, automation and the expansion of Related Search on Content.

Net debt climbed to US$117.5 million from US$87.6 million at December, reflecting tax payments and reduced working-capital financing rather than higher borrowings. Team Internet expects debt to fall significantly during H2.

Its strategic review of the DIS business is progressing with selected parties, with a further update due by the interim results on 7 September and any resulting transaction still targeted for completion during 2026.

Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA) told investors it has mapped an 18-kilometre geological contact at its Virgo copper project in Botswana, expanding the prospective structure by 14 kilometres ahead of drilling scheduled to start in early August.

The induced polarisation survey identified several high-priority chargeability and resistivity anomalies, alongside areas of structural complexity that may act as mineral trap sites. The inferred contact between the D’Kar and Ngwako Pan formations is now more than four times longer than the company had previously expected.

Chief executive Remy Welschinger said the structure lies within metres of MMG’s Mawana Fold and Zone 9 discoveries in the Khoemacau mining project. Arc said the survey findings remain qualitative exploration targets and require geological testing through drilling.

The company is finalising its choice of drilling contractor. Welschinger will also present an update on the Virgo project through Investor Meet Company on 30 July at 4.30pm BST.

Wise Group PLC (LSE:WISE, NASDAQ:WSE) shares fell 9% to 824p after US regulators rejected its application for a national trust bank charter.

The US Office of the Comptroller of the Currency denied the application following concerns linked to historical compliance issues identified after it was submitted more than a year ago.

Deficiencies in anti-money laundering (AML) and countering the financing of terrorism (CFT) compliance were cited by the OCC, according to the Financial Times, as well as the company failing to prove it understood traditional banking duties. The regulator also noted a lack of experience in fiduciary activities within the proposed management team.

Wise said it had since strengthened its US compliance programme, improved customer data, enhanced investigation and reporting processes and increased resources dedicated to preventing financial crime.

It stressed that this decision does not affect its existing services in the US, where it operates through money transmitter licences covering 48 states and four territories, among the more than 80 licences the compaby holds globally.

Wise also said its original proposal had become unworkable after the Federal Reserve paused direct payment-system access for uninsured trust banks.

The company now plans to submit a fresh application under the framework created by the Trump administration's GENIUS Act, which established new US rules for non-bank fintech companies to obtain a limited federal bank charter to issue dollar-backed stablecoins.

Fifth Third Bancorp raised its position in Travel + Leisure Co. (NYSE: TNL) by 1,285.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,433 shares of the company's stock after purchasing an additional 18,958 shares during the

Posted by Defense World Staff on Jul 24th, 2026

Dimensional Fund Advisors LP lifted its stake in shares of W.R. Berkley Corporation (NYSE:WRB – Free Report) by 3.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,768,180 shares of the insurance provider’s stock after acquiring an additional 129,801 shares during the period. Dimensional Fund Advisors LP owned 1.01% of W.R. Berkley worth $249,757,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Entrust Financial LLC purchased a new position in W.R. Berkley in the 4th quarter valued at about $25,000. Hazlett Burt & Watson Inc. raised its position in shares of W.R. Berkley by 140.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the insurance provider’s stock valued at $26,000 after buying an additional 210 shares during the last quarter. DV Equities LLC purchased a new position in shares of W.R. Berkley during the fourth quarter valued at approximately $29,000. Triumph Capital Management purchased a new position in shares of W.R. Berkley during the third quarter valued at approximately $35,000. Finally, Quarry LP acquired a new stake in W.R. Berkley during the fourth quarter worth approximately $39,000. Institutional investors and hedge funds own 68.82% of the company’s stock.

W.R. Berkley Stock Performance Shares of WRB stock opened at $73.41 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.36 and a current ratio of 0.36. The firm has a market capitalization of $27.33 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 3.37 and a beta of 0.29. W.R. Berkley Corporation has a one year low of $62.87 and a one year high of $78.96. The company has a 50 day moving average price of $69.01 and a 200 day moving average price of $68.40.

W.R. Berkley (NYSE:WRB – Get Free Report) last announced its quarterly earnings results on Monday, July 20th. The insurance provider reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.19. W.R. Berkley had a net margin of 12.94% and a return on equity of 19.49%. The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the business earned $1.05 EPS. W.R. Berkley’s revenue for the quarter was up 2.4% on a year-over-year basis. Sell-side analysts anticipate that W.R. Berkley Corporation will post 4.74 EPS for the current year.

W.R. Berkley Increases Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 23rd were given a $0.10 dividend. This is an increase from W.R. Berkley’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. W.R. Berkley’s dividend payout ratio is 8.21%.

Analysts Set New Price Targets Several analysts have commented on WRB shares. Truist Financial lifted their target price on shares of W.R. Berkley from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Tuesday. UBS Group set a $68.00 price objective on W.R. Berkley and gave the stock a “neutral” rating in a report on Monday, April 27th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $74.00 price objective (up from $70.00) on shares of W.R. Berkley in a research report on Thursday, July 9th. Atlantic Securities set a $74.00 target price on W.R. Berkley in a research note on Wednesday, July 15th. Finally, Mizuho increased their target price on W.R. Berkley from $72.00 to $74.00 and gave the stock a “neutral” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, W.R. Berkley presently has a consensus rating of “Reduce” and an average price target of $70.44.

Check Out Our Latest Report on W.R. Berkley

W.R. Berkley Profile (Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.

Further Reading Five stocks we like better than W.R. Berkley Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding WRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W.R. Berkley Corporation (NYSE:WRB – Free Report).

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Posted by Defense World Staff on Jul 24th, 2026

California Public Employees Retirement System grew its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 3.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,492 shares of the industrial products company’s stock after acquiring an additional 3,121 shares during the quarter. California Public Employees Retirement System owned about 0.18% of Zebra Technologies worth $18,920,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ZBRA. Assetmark Inc. boosted its holdings in Zebra Technologies by 18.2% in the first quarter. Assetmark Inc. now owns 41,375 shares of the industrial products company’s stock worth $8,651,000 after purchasing an additional 6,373 shares during the last quarter. Bessemer Group Inc. grew its position in Zebra Technologies by 20.4% in the 1st quarter. Bessemer Group Inc. now owns 2,050 shares of the industrial products company’s stock worth $429,000 after purchasing an additional 347 shares during the period. Hillsdale Investment Management Inc. raised its stake in Zebra Technologies by 17.4% during the 1st quarter. Hillsdale Investment Management Inc. now owns 4,055 shares of the industrial products company’s stock valued at $848,000 after buying an additional 600 shares during the last quarter. Calamos Wealth Management LLC purchased a new stake in Zebra Technologies during the 1st quarter valued at $9,053,000. Finally, Calamos Advisors LLC lifted its holdings in shares of Zebra Technologies by 7.2% during the 1st quarter. Calamos Advisors LLC now owns 44,488 shares of the industrial products company’s stock valued at $9,302,000 after buying an additional 2,982 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Zebra Technologies In other Zebra Technologies news, insider Loizides Melissa Luff sold 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total transaction of $126,975.00. Following the completion of the sale, the insider owned 3,702 shares of the company’s stock, valued at approximately $940,122.90. The trade was a 11.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Janice M. Roberts sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the sale, the director owned 6,183 shares of the company’s stock, valued at approximately $1,542,905.82. The trade was a 32.67% decrease in their position. The SEC filing for this sale provides additional information. 0.91% of the stock is currently owned by insiders.

Analysts Set New Price Targets A number of equities analysts have recently issued reports on the company. UBS Group restated a “buy” rating on shares of Zebra Technologies in a research note on Wednesday, July 1st. KeyCorp upgraded Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price objective for the company in a research report on Wednesday, May 13th. Weiss Ratings raised Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. Needham & Company LLC reissued a “buy” rating and issued a $345.00 target price on shares of Zebra Technologies in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, June 28th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $327.00.

Get Our Latest Report on ZBRA

Zebra Technologies Trading Down 2.2% Shares of Zebra Technologies stock opened at $256.95 on Friday. The company’s fifty day simple moving average is $251.23 and its 200-day simple moving average is $238.92. The stock has a market capitalization of $12.24 billion, a PE ratio of 31.07 and a beta of 1.60. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $352.66. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57.

Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.21 by $0.54. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.02 EPS. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. As a group, equities analysts anticipate that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

About Zebra Technologies (Free Report)

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.

Further Reading Five stocks we like better than Zebra Technologies Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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I maintain a hold rating on Otis Worldwide Corporation as strong service and modernization demand is not yet translating into earnings growth. Service margins contracted due to higher labor costs and slower productivity ramp from new mechanics, despite robust backlog and retention improvements. New equipment sales remain weak overall, with China still a drag, but the Americas show promising order momentum and backlog growth.

Posted by Defense World Staff on Jul 24th, 2026

Andra AP fonden lessened its holdings in shares of KeyCorp (NYSE:KEY – Free Report) by 34.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 103,539 shares of the financial services provider’s stock after selling 53,761 shares during the period. Andra AP fonden’s holdings in KeyCorp were worth $2,076,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in KeyCorp by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 124,811,543 shares of the financial services provider’s stock worth $2,576,110,000 after acquiring an additional 1,192,323 shares in the last quarter. Wellington Management Group LLP grew its holdings in KeyCorp by 90.2% in the third quarter. Wellington Management Group LLP now owns 36,370,694 shares of the financial services provider’s stock worth $679,768,000 after purchasing an additional 17,245,128 shares during the period. Geode Capital Management LLC grew its holdings in KeyCorp by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 23,983,690 shares of the financial services provider’s stock worth $493,048,000 after purchasing an additional 115,968 shares during the period. Capital World Investors increased its stake in shares of KeyCorp by 1.1% during the fourth quarter. Capital World Investors now owns 21,027,471 shares of the financial services provider’s stock valued at $434,007,000 after purchasing an additional 238,514 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of KeyCorp by 4.7% during the fourth quarter. Invesco Ltd. now owns 20,567,184 shares of the financial services provider’s stock valued at $424,507,000 after purchasing an additional 916,732 shares in the last quarter. 79.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling In related news, insider Angela G. Mago sold 22,826 shares of KeyCorp stock in a transaction on Friday, May 8th. The stock was sold at an average price of $21.66, for a total transaction of $494,411.16. Following the transaction, the insider directly owned 281,564 shares in the company, valued at approximately $6,098,676.24. The trade was a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company’s stock.

KeyCorp Stock Performance KEY opened at $22.69 on Friday. The company’s 50 day moving average is $22.44 and its 200 day moving average is $21.59. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.63. The company has a market cap of $24.49 billion, a price-to-earnings ratio of 13.19, a PEG ratio of 0.73 and a beta of 1.02. KeyCorp has a 12-month low of $16.47 and a 12-month high of $24.07.

KeyCorp (NYSE:KEY – Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. KeyCorp had a net margin of 17.83% and a return on equity of 11.23%. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.97 billion. During the same period in the prior year, the company earned $0.35 earnings per share. The firm’s revenue was up 6.7% on a year-over-year basis. On average, equities research analysts predict that KeyCorp will post 1.82 EPS for the current year.

KeyCorp declared that its board has authorized a share buyback plan on Wednesday, May 13th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 13% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

KeyCorp Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 1st. KeyCorp’s dividend payout ratio (DPR) is currently 50.31%.

Wall Street Analyst Weigh In A number of analysts have recently commented on the company. Jefferies Financial Group boosted their price target on KeyCorp from $21.00 to $23.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. Keefe, Bruyette & Woods raised their price objective on KeyCorp from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Wednesday. Robert W. Baird raised their price objective on KeyCorp from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday. Truist Financial lifted their price objective on KeyCorp from $23.00 to $24.00 and gave the company a “hold” rating in a research note on Wednesday, June 24th. Finally, Morgan Stanley boosted their target price on KeyCorp from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Monday, June 29th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, KeyCorp currently has a consensus rating of “Moderate Buy” and an average price target of $49.14.

Check Out Our Latest Report on KEY

Trending Headlines about KeyCorp Here are the key news stories impacting KeyCorp this week:

Positive Sentiment: Jim Cramer said regional banks have been a “fantastic place to be” and specifically recommended KeyCorp, reinforcing bullish sentiment toward the stock. Jim Cramer: ‘Regional Banks Have Been A Fantastic Place To Be’ Positive Sentiment: Analysts have been raising their outlooks after KeyCorp’s Q2 beat, citing solid earnings and improving growth trends; Keefe, Bruyette & Woods lifted its target to $26 and kept an outperform rating. KeyCorp Analysts Increase Their Forecasts After Upbeat Q2 Earnings Positive Sentiment: Bank of America reiterated a Buy rating with a $26 target, saying guidance was raised for loan growth and net interest income, which supports the bullish case for KeyCorp. KeyCorp: Buy Rating Reaffirmed as 2026 Guidance Raised for Loan Growth and Net Interest Income, with $26 Price Target Positive Sentiment: Scotiabank said its stake in KeyCorp will add $82 million to third-quarter net income, a potentially meaningful tailwind for profitability. Scotiabank says stake in KeyCorp will add $82M to third-quarter net income Neutral Sentiment: Some coverage noted that KeyCorp’s stock underperformed peers on Tuesday, suggesting the rally may be uneven despite the improved fundamental and analyst backdrop. KeyCorp stock underperforms Tuesday when compared to competitors Negative Sentiment: One earnings-focused report said Q2 revenue was pressured by weaker-than-expected noninterest income and margin performance, which could temper enthusiasm around the quarter. KeyCorp’s Q2 revenue hit by weaker-than-expected noninterest income, margin trails consensus About KeyCorp (Free Report)

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.

The company’s product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.

See Also Five stocks we like better than KeyCorp Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Hub Group Inc. (NASDAQ:HUBG) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

Key Details of the HUBG ($HUBG) Class Action:

Lead Plaintiff Deadline: August 28, 2026Alleged Misconduct: Securities fraud relating to Hub Group’s financial results, revenue recognition, accounting of costs, internal controls, and prospects for/drivers of growthLargest Stock Drop: February 6, 2026 – 18% Stock DropCourt: U.S. District Court for the Northern District of IllinoisFiling Law Firm: Bleichmar Fonti & Auld (“BFA Law”)Action: Contact BFA Law to discuss your rights Investors have until August 28, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities. The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 1:26-cv-07596.

Why is Hub Group Being Sued for Securities Fraud?

Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. Hub Group services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America. 

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Hub Group’s drivers of financial results and growth.

Why did Hub Group’s Stock Drop?

On February 5, 2026, Hub Group announced that the Company’s financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to “an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” Hub Group revealed that its reports for those quarters “were in each case materially misstated due to the aforementioned error and should no longer be relied upon” and that “the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps.”  Hub Group also estimated that “[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million.”  

This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.

On May 12, 2026, Hub Group announced that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” causing its 2023 and 2024 annual reports filed with the SEC to be “materially misstated,” such that they “should no longer be relied upon.”  Hub Group did not quantify the expected misstatement, although it “expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023.”

This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.

Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

What Can You Do?

If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” 

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Insulet Corporation (NASDAQ:PODD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Insulet, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.

Key Details of the Insulet ($PODD) Class Action:

Lead Plaintiff Deadline: August 31, 2026Alleged Misconduct: Securities fraud relating to the safety of Insulet’s Omnipod productsLargest Alleged Stock Drop: March 12, 2026 – 6.88% Stock DropCourt: U.S. District Court for the District of MassachusettsTake Action: Contact BFA Law to discuss your rights
Insulet investors have until August 31, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Insulet securities. The class action is pending in the U.S. District Court for the District of Massachusetts. It is captioned Hu v. Insulet Corporation et al., No. 26-cv-13062.

Why is Insulet Being Sued for Securities Fraud?

Insulet is primarily engaged in the development, manufacture, and sale of insulin delivery systems for people with insulin-dependent diabetes through its Omnipod platform. The Omnipod platform includes: the Omnipod® 5 Automated Insulin Delivery System (“Omnipod 5”), the Omnipod DASH® Insulin Management System (“Omnipod DASH”), and the Omnipod Insulin Management System (“Omnipod Eros”).

Throughout the relevant period, Insulet misrepresented the safety of its Omnipod products as well as its ability to efficiently produce “medical grade quality at consumer electronic scale.” In reality, certain of Insulet’s products suffered from undisclosed manufacturing defects that put patient safety at risk.

Why did Insulet’s Stock Drop?

On March 12, 2026, Insulet disclosed that a manufacturing issue with its Omnipod® 5 Pods caused a “tear in the internal tubing that delivers insulin” resulting in insulin being released inside the Pod “instead of being fully infused into the body as intended.” Accordingly, Insulet “initiated a voluntary Medical Device Correction for specific lots of Omnipod® 5 Pods.”

This news caused the price of Insulet stock to drop $16.23 per share, or 6.88%, from a closing price of $236.07 per share on March 12, 2026, to $219.84 per share on March 13, 2026.

On May 26, 2026, Insulet announced another voluntary Medical Device Correction due to a manufacturing issue, this time to its Omnipod 5, Omnipod DASH, and Omnipod Eros systems. It again indicated that the manufacturing issue resulted in a tear in the tubing which “could result in insulin under-delivery.”

This news caused the price of Insulet stock to drop $7.79 per share, or 5.07%, from a closing price of $218.11 per share on May 26, 2026, to $146.01 per share on May 27, 2026.

Click here for more information: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.

What Can You Do?

If you invested in Insulet, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/insulet-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/insulet-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.