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Flagstar Bancorp Inc (FBC.N)

FBC.N on New York Stock Exchange

31.88USD
12 Nov 2018
Change (% chg)

$-0.14 (-0.44%)
Prev Close
$32.02
Open
$32.02
Day's High
$32.22
Day's Low
$31.69
Volume
74,192
Avg. Vol
128,753
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$39.81
52-wk Low
$28.20

Latest Key Developments (Source: Significant Developments)

Flagstar Bancorp Reports Q3 Net Income Of $48 Mln, Or $0.83 Per Diluted Share
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Flagstar Bancorp Inc ::FLAGSTAR REPORTS THIRD QUARTER 2018 NET INCOME OF $48 MILLION, OR $0.83 PER DILUTED SHARE.Q3 ADJUSTED EARNINGS PER SHARE $0.85 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.83.Q3 EARNINGS PER SHARE VIEW $0.84 -- THOMSON REUTERS I/B/E/S.QTRLY NET INTEREST INCOME $124 MILLION VERSUS $103 MILLION.QTRLY TOTAL SERVICED ACCOUNTS INCREASED 16 PERCENT FROM LAST QUARTER TO NEARLY 620,000 ACCOUNTS.  Full Article

Flagstar Bank To Acquire Mortgage Warehouse Loan Portfolio From Santander Bank
Wednesday, 21 Feb 2018 

Feb 20 (Reuters) - Flagstar Bancorp Inc ::FLAGSTAR BANK TO ACQUIRE MORTGAGE WAREHOUSE LOAN PORTFOLIO FROM SANTANDER BANK.FLAGSTAR BANCORP INC - TERMS OF TRANSACTION WERE NOT DISCLOSED..FLAGSTAR BANCORP INC - AS PART OF DEAL, FLAGSTAR WILL HIRE EXISTING RELATIONSHIP MANAGERS.  Full Article

Flagstar Estimated Mid-Teens Pct Rise In FY 2018 Net Income
Wednesday, 27 Dec 2017 

Dec 26 (Reuters) - Flagstar Bancorp Inc ::FLAGSTAR ANNOUNCES IMPACT OF TAX CUTS AND JOBS ACT.FLAGSTAR BANCORP - ESTIMATED MID-TEENS PERCENT INCREASE IN FY 2018 NET INCOME, EARNINGS PER SHARE BASED ON FIRST CALL CONSENSUS ESTIMATE.FLAGSTAR BANCORP - ‍ONE-TIME, NON-CASH CHARGE TO PROVISION FOR INCOME TAXES OF ABOUT $80 MILLION/$1.38 PER DILUTED SHARE FROM NEW TAX LEGISLATION​.  Full Article

Flagstar Bank to acquire Desert Community Bank branches from East West Bank
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Flagstar Bancorp Inc ::Flagstar Bank to acquire Desert Community Bank branches from East West Bank.Flagstar Bancorp Inc - ‍terms of transaction were not disclosed​.  Full Article

Flagstar reports Q3 earnings per share $0.70
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Flagstar Bancorp Inc :Flagstar reports third quarter 2017 net income of $40 million, or $0.70 per diluted share.Q3 earnings per share $0.70.Q3 earnings per share view $0.68 -- Thomson Reuters I/B/E/S.Flagstar Bancorp Inc - Qtrly ‍net interest income rose $6 million, or 6 percent, from Q2 2017​.  Full Article

Flagstar reports Q2 earnings of $0.71/shr
Tuesday, 25 Jul 2017 

July 25 (Reuters) - Flagstar Bancorp Inc :Flagstar reports second quarter 2017 net income of $41 million, or $0.71 per diluted share.Q2 earnings per share $0.71.Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S.Qtrly net interest income $97 million versus $83 million for quarter ended March 31, 2017.  Full Article

Flagstar Q1 earnings per share $0.46
Tuesday, 25 Apr 2017 

April 25 (Reuters) - Flagstar Bancorp Inc :Flagstar reports first quarter 2017 net income of $27 million, or $0.46 per diluted share.Q1 earnings per share $0.46.Q1 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Qtrly net interest income decreased $4 million, or 5 percent, to $83 million, as compared to $87 million for q4 2016.  Full Article

Flagstar to acquire Opes Advisors Inc
Tuesday, 4 Apr 2017 

Flagstar Bancorp Inc : Flagstar to acquire Opes Advisors Inc . Flagstar Bancorp Inc - terms of transaction were not disclosed. .Flagstar Bancorp Inc - flagstar will operate opes advisors as a separate division with its own brand.  Full Article

Flagstar to acquire delegated correspondent business from Stearns Lending LLC
Tuesday, 7 Feb 2017 

Flagstar Bancorp Inc : Flagstar to acquire delegated correspondent business from Stearns Lending, LLC .Flagstar Bancorp Inc - Terms of transaction were not disclosed..  Full Article

Flagstar Bancorp -office of comptroller of currency terminated its consent order with FSB, a subsidiary of company
Wednesday, 21 Dec 2016 

Flagstar Bancorp Inc : Flagstar Bancorp -office of comptroller of currency terminated its consent order with Flagstar Bank, FSB, a subsidiary of company . Flagstar Bancorp Inc says effective date of termination was December 19, 2016 .Flagstar Bancorp -lifting of consent order signifies that OCC has determined that bank has met all of consent order requirements.  Full Article

Wells Fargo pulls back from U.S. Midwest, selling 52 branches to Flagstar

June 5 Wells Fargo & Co is pulling back from retail banking in the U.S. Midwest, selling all of its branches in three states, as the bank embarks on a broader review of branch profitability across the country.