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Last €17.48 EUR
Change Today +0.10 / 0.58%
Volume 0.0
FL2P On Other Exchanges
Symbol
Exchange
New York
As of 2:08 AM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

flagstar bancorp inc (FL2P) Snapshot

Open
€17.38
Previous Close
€17.38
Day High
€17.48
Day Low
€17.38
52 Week High
08/5/15 - €18.73
52 Week Low
12/16/14 - €11.46
Market Cap
986.5M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
56.4M
EX-Date
02/19/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FLAGSTAR BANCORP INC (FL2P)

flagstar bancorp inc (FL2P) Related Businessweek News

No Related Businessweek News Found

flagstar bancorp inc (FL2P) Details

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that offers financial products and services to individuals and businesses in the United States. The company operates through four segments: Mortgage Originations, Mortgage Servicing, Community Banking, and Other. The Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan centers, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. The Mortgage Servicing segment services and subservices mortgage loans; and residential mortgages held-for-investment and mortgage servicing rights. The Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, commercial loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services, such as interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment portfolio groups. As of December 31, 2014, the company operated a regional office in Jackson, Michigan; 107 banking centers in Michigan; 16 home loan centers in 13 states; 5 wholesale lending offices; 1 warehouse lending office; 1 underwriting office; and 1 commercial lending office. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

2,713 Employees
Last Reported Date: 08/6/15
Founded in 1987

flagstar bancorp inc (FL2P) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.5M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $498.1K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $1.0M
Executive Vice President and Senior Deputy Ge...
Total Annual Compensation: $586.5K
Chief Risk Officer, Executive Vice President ...
Total Annual Compensation: $180.0K
Compensation as of Fiscal Year 2014.

flagstar bancorp inc (FL2P) Key Developments

Flagstar Bancorp Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Announces Net Charge-Offs for the Second Quarter Ended June 30, 2015

Flagstar Bancorp Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net interest income of $72.5 million against $62.5 million a year ago. The increase from the prior quarter was led by solid interest-earning asset growth and net interest margin expansion. Net interest income after provision for loan losses was $85.8 million against $56.3 million a year ago. Income before income taxes was $73.9 million against $37.4 million a year ago. Net income applicable to common stockholders was $46.4 million or $0.68 per basic and diluted share against $25.5 million or $0.33 per diluted share a year ago. Total interest income was $89.0 million against $71.9 million a year ago. Return on average assets was 1.57% against 1.04% a year ago. Return on average equity was 12.71% against 7.38% a year ago. Book value per share at June 30, 2015 was $20.98 compared to $19.90 a year ago. For the six months, the company reported net income was $77.9 million compared with loss of $52.9 million a year ago. Net profit applicable to common stockholders was $63.2 million or $1.12 per basic and diluted share against net loss applicable to common stockholders of $65.9 million or $1.17 per diluted share a year ago. Total interest income was $138,264,000 against $180,047,000 a year ago. Return on average assets was 1.38% against negative return on average assets of 1.12% a year ago. Return on average equity was 10.81% against negative return on average equity of 7.56% a year ago. Net charge-offs in the second quarter 2015 were $17.7 million, or 1.49% of applicable loans, compared to $40.5 million, or 3.97% of applicable loans in the prior quarter. The second quarter 2015 amount included $14.6 million of net charge-offs associated with the sale of $456.3 million unpaid principal balance of interest-only and lower performing loans during the quarter.

Flagstar Bancorp Inc. to Report Q2, 2015 Results on Jul 28, 2015

Flagstar Bancorp Inc. announced that they will report Q2, 2015 results at 6:30 AM, US Eastern Standard Time on Jul 28, 2015

Flagstar Bancorp Inc., Q2 2015 Earnings Call, Jul 28, 2015

Flagstar Bancorp Inc., Q2 2015 Earnings Call, Jul 28, 2015

 

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FL2P Competitors

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First Interstate BancSystem Inc $26.58 USD +0.36
NBT Bancorp Inc $25.68 USD +0.15
Old National Bancorp/IN $13.69 USD 0.00
PennyMac Financial Services Inc $17.09 USD +0.06
Trustmark Corp $22.87 USD +0.07
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Industry Analysis

FL2P

Industry Average

Valuation FL2P Industry Range
Price/Earnings 34.6x
Price/Sales 1.6x
Price/Book 0.9x
Price/Cash Flow 18.5x
TEV/Sales NM Not Meaningful
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