Regional banking company Flagstar Financial (NYSE: FLG) will be announcing earnings results this Friday morning. Here’s what investors should know.

Flagstar Financial missed analysts’ revenue expectations by 3.7% last quarter, reporting revenues of $497 million, down 23.1% year on year. It was a softer quarter for the company, with a significant miss of analysts’ revenue estimates and a slight miss of analysts’ net interest income estimates.

Is Flagstar Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Flagstar Financial’s revenue to decline 7% year on year to $531.1 million, improving from the 35% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.02 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Flagstar Financial’s peers in the thrifts & mortgage finance segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Annaly Capital Management delivered year-on-year revenue growth of 101%, beating analysts’ expectations by 45.4%, and Northwest Bancshares reported revenues up 15.4%, in line with consensus estimates. Northwest Bancshares’s stock price was unchanged following the results.

Read our full analysis of Annaly Capital Management’s results here and Northwest Bancshares’s results here.

There has been positive sentiment among investors in the thrifts & mortgage finance segment, with share prices up 3.7% on average over the last month. Flagstar Financial is up 2.5% during the same time and is heading into earnings with an average analyst price target of $14.13 (compared to the current share price of $12.96).

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.