Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit. It also provides other financial services, including consumer and corporate card services, customized treasury management solutions, merchant services, and capital markets services, such as loan syndications, as well as wealth management products and services. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and loans held-for-investment (LHFI) portfolio groups. The company's Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan and national call centers, Internet and unaffiliated banks, mortgage banking, and brokerage companies. Its Mortgage Servicing segment offers services and subservices mortgage loans; and the servicing of residential mortgages for its LHFI portfolio, as well as noninterest-bearing escrow services. As of January 23, 2018, the company provided banking services through 99 branches in Michigan; and home loans through a wholesale network of brokers and correspondents in 50 states, as well as 89 retail locations in 29 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:FBC
CUSIPN/A
Phone248-312-2000
Debt
Debt-to-Equity Ratio3.81
Current Ratio1.29
Quick Ratio0.86
Price-To-Earnings
Trailing P/E Ratio13.72
Forward P/E Ratio11.08
P/E GrowthN/A
Sales & Book Value
Annual Sales$997 million
Price / Sales1.96
Cash Flow$3.1742 per share
Price / Cash10.68
Book Value$24.41 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)$2.47
Net Income$63 million
Net Margins7.31%
Return on Equity11.13%
Return on Assets0.92%
Miscellaneous
Employees3,525
Outstanding Shares57,600,000
Market Cap$1.96 billion
Flagstar Bancorp (NYSE:FBC) Frequently Asked Questions
What is Flagstar Bancorp's stock symbol?
Flagstar Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBC."
How were Flagstar Bancorp's earnings last quarter?
Flagstar Bancorp Inc (NYSE:FBC) released its earnings results on Tuesday, January, 23rd. The savings and loans company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.56 by $0.04. The savings and loans company earned $107 million during the quarter, compared to analysts' expectations of $103.91 million. Flagstar Bancorp had a return on equity of 11.13% and a net margin of 7.31%. The firm's revenue was up 23.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.49 earnings per share. View Flagstar Bancorp's Earnings History.
When is Flagstar Bancorp's next earnings date?
What price target have analysts set for FBC?
10 brokerages have issued 12 month target prices for Flagstar Bancorp's stock. Their predictions range from $36.00 to $45.00. On average, they anticipate Flagstar Bancorp's stock price to reach $40.7143 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Flagstar Bancorp.
What is the consensus analysts' recommendation for Flagstar Bancorp?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flagstar Bancorp in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flagstar Bancorp.
What are Wall Street analysts saying about Flagstar Bancorp stock?
Here are some recent quotes from research analysts about Flagstar Bancorp stock:
- 1. Boenning Scattergood analysts commented, "We believe that clean and consistent quarterly results from the core bank segment is the greatest catalyst for the stock. Our $41 target price is based on a weighted blend of peer multiples and a discounted acquisition analysis." (6/6/2018)
- 2. According to Zacks Investment Research, "Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank. Through its retail banking centers and e-commerce distribution channels, Flagstar attracts deposits from the general public. The institution utilizes these deposits, along with other funds garnered from the secondary market, to originate or acquire loans on a nationwide basis. " (5/29/2018)
Who are some of Flagstar Bancorp's key competitors?
Some companies that are related to Flagstar Bancorp include People's United Financial (PBCT), Umpqua (UMPQ), TFS Financial (TFSL), BankUnited (BKU), BofI (BOFI), LegacyTexas Financial Group (LTXB), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Provident Financial Services (PFS), Brookline Bancorp (BRKL), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Meta Financial Group (CASH), Northfield Bancorp (NFBK) and BBX Capital Corp Class B (BBXTB).
Who are Flagstar Bancorp's key executives?
Flagstar Bancorp's management team includes the folowing people:
- Mr. Alessandro P. DiNello, Pres, CEO & Director (Age 63)
- Mr. James K. Ciroli, Exec. VP & CFO (Age 52)
- Mr. Stephen V. Figliuolo, Exec. VP & Chief Risk Officer (Age 61)
- Mr. Andrew W. Ottaway, Exec. VP, MD & Michigan Market Pres of Flagstar Bank (Age 51)
- Mr. Lee Matthew Smith, Exec. VP & COO Flagstar Bank (Age 43)
Has Flagstar Bancorp been receiving favorable news coverage?
Press coverage about FBC stock has trended positive on Saturday, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Flagstar Bancorp earned a daily sentiment score of 0.28 on Accern's scale. They also assigned media headlines about the savings and loans company an impact score of 48.98 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Flagstar Bancorp.
Who are Flagstar Bancorp's major shareholders?
Flagstar Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include MP Thrift Global Advisers III LLC (47.94%), Dimensional Fund Advisors LP (7.00%), BlackRock Inc. (4.03%), EJF Capital LLC (2.73%), Renaissance Technologies LLC (1.72%) and Millennium Management LLC (1.46%). Company insiders that own Flagstar Bancorp stock include Lee Matthew Smith and Peter Schoels. View Institutional Ownership Trends for Flagstar Bancorp.
Which major investors are selling Flagstar Bancorp stock?
FBC stock was sold by a variety of institutional investors in the last quarter, including MP Thrift Global Advisers III LLC, First Trust Advisors LP, SeaCrest Wealth Management LLC, LSV Asset Management, Bank of America Corp DE, Los Angeles Capital Management & Equity Research Inc., Zebra Capital Management LLC and Zacks Investment Management. Company insiders that have sold Flagstar Bancorp company stock in the last year include Lee Matthew Smith and Peter Schoels. View Insider Buying and Selling for Flagstar Bancorp.
Which major investors are buying Flagstar Bancorp stock?
FBC stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., EJF Capital LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Wells Fargo & Company MN, Delek Group Ltd. and State of Wisconsin Investment Board. View Insider Buying and Selling for Flagstar Bancorp.
How do I buy shares of Flagstar Bancorp?
Shares of FBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Flagstar Bancorp's stock price today?
One share of FBC stock can currently be purchased for approximately $33.90.
How big of a company is Flagstar Bancorp?
Flagstar Bancorp has a market capitalization of $1.96 billion and generates $997 million in revenue each year. The savings and loans company earns $63 million in net income (profit) each year or $2.47 on an earnings per share basis. Flagstar Bancorp employs 3,525 workers across the globe.
How can I contact Flagstar Bancorp?
Flagstar Bancorp's mailing address is 5151 CORPORATE DRIVE, TROY MI, 48098. The savings and loans company can be reached via phone at 248-312-2000 or via email at [email protected]
MarketBeat Community Rating for Flagstar Bancorp (NYSE FBC)
MarketBeat's community ratings are surveys of what our community members think about Flagstar Bancorp and other stocks. Vote "Outperform" if you believe FBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
