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Flagstar Bancorp Inc (FBC.N)

FBC.N on New York Stock Exchange

35.76USD
23 Feb 2018
Change (% chg)

$0.42 (+1.19%)
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$35.34
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Flagstar Bancorp Reports Q4 Adjusted EPS Of $0.60
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Flagstar Bancorp Inc ::FLAGSTAR REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS AND ANNOUNCES REGULATORY APPROVAL TO ACQUIRE EIGHT BRANCHES IN SOUTHERN CALIFORNIA.Q4 ADJUSTED EARNINGS PER SHARE $0.60.Q4 LOSS PER SHARE $0.79.Q4 EARNINGS PER SHARE VIEW $0.54 -- THOMSON REUTERS I/B/E/S.QTRLY NET INTEREST INCOME $107 MILLION VERSUS $103 MILLION IN QUARTER ENDED SEPT 30, 2017.RECEIVED APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO ACQUIRE EIGHT DESERT COMMUNITY BANK BRANCHES FROM EAST WEST BANK.ACQUISITION SCHEDULED TO CLOSE IN Q1 OF 2018.  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 Bancorp Inc sees Q4 net interest margin up modestly
Tuesday, 25 Oct 2016 

Flagstar Bancorp Inc : Flagstar Bancorp Inc sees Q4 net interest margin up modestly on rotation into higher spread loans - SEC filing .Flagstar Bancorp Inc sees Q4 net provision for loan losses slightly lower on continued strong asset quality - SEC filing.  Full Article

Flagstar reports Q2 earnings per share of $0.66
Tuesday, 26 Jul 2016 

Flagstar Bancorp Inc : Qtrly net interest income $77 million versus $73 million . Flagstar reports second quarter 2016 net income of $47 million, or $0.66 per diluted share . Q2 earnings per share $0.66 .Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.  Full Article

Flagstar Bancorp prices offering of $250 mln of 6.125% senior notes
Thursday, 30 Jun 2016 

Flagstar Bancorp Inc :Pricing of its previously announced offering of $250 million in aggregate principal amount of its 6.125% senior notes due 2021.  Full Article

Flagstar Bancorp says redemption of TARP preferred stock
Thursday, 30 Jun 2016 

Flagstar Bancorp Inc : Flagstar Bancorp Inc says redemption of TARP preferred stock . Flagstar Bancorp Inc says to redeem $267 million of its fixed rate cumulative perpetual preferred stock, series c . Redemption price for TARP preferred will be stated liquidation preference amount of $1,000 per share, plus accrued and unpaid dividends .Flagstar Bancorp Inc says total aggregate redemption price of shares of TARP preferred will be approximately $371 million.  Full Article

Flagstar announces pricing of $250 million senior notes
Thursday, 30 Jun 2016 

Flagstar Bancorp Inc : Flagstar announces pricing of $250 million senior notes . Pricing of its previously announced offering of $250 million in aggregate principal amount of its 6.125% senior notes due 2021 .Flagstar announces pricing of $250 million senior notes.  Full Article

Flagstar Bancorp receives regulatory approval to redeem TARP preferred stock
Monday, 27 Jun 2016 

Flagstar Bancorp Inc : Flagstar receives regulatory approval to redeem TARP preferred stock . Received written non-objection from Federal Reserve Bank Of Chicago to redeem $267 million of its fixed rate cumulative perpetual preferred stock, series C . Intends to finance redemption using senior debt securities, internally generated sources, including a $200 million dividend from Flagstar Bank . No equity offering for this redemption is contemplated .Will pay about $31 million of deferred interest on 9 series of TRUPS issued by trusts controlled by company.  Full Article