Shares of Flagstar Bancorp (NYSE:FBC) were flat in pre-market trading after the company reported Q4 results.
Earnings per share increased 183.00% year over year to $2.83, which beat the estimate of $2.36.
Revenue of $189,000,000 rose by 24.34% year over year, which beat the estimate of $181,920,000.
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Jan 21, 2021
Time: 11:00 AM
52-week high: $46.59
52-week low: $16.76
Price action over last quarter: Up 41.94%
Headquartered in Troy, Mich., Flagstar is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.
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