Flagstar Financial, Inc. reported a narrowed net loss for the second quarter, with a loss per share of $0.19 compared to $1.14 last year. Adjusted net loss also decreased, with adjusted loss per share at $0.14 versus $1.05 in the previous year. Net interest income declined to $1.14 billion, while non-interest income dropped to $77 million. Despite the decline, revenue increased to $496 million. In pre-market trading, Flagstar Financial’s stock was up 2.07% at $12.30 on the NYSE.

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