|Bid||31.00 x 3200|
|Ask||0.00 x 2200|
|Day's Range||31.90 - 32.84|
|52 Week Range||25.30 - 38.00|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||10.12|
|Earnings Date||Apr 22, 2019 - Apr 26, 2019|
|Forward Dividend & Yield||0.16 (0.50%)|
|1y Target Est||37.94|
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! FBC operates in the thrifts mortgage finance Read More...
TROY, Mich., Jan. 31, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (FBC), the holding company (the Company") for Flagstar Bank, FSB, today announced that as part of its previously announced intention to return capital to shareholders through dividends and share buybacks, the Company has entered into an accelerated share repurchase ("ASR") agreement with Wells Fargo Bank, N.A. ("Wells Fargo"), to repurchase up to $50 million of the Company's common stock. Under the terms of the ASR, the Company will receive an initial delivery of approximately 1.3 million shares which represents 82 percent of the total number of shares expected to be repurchased pursuant to the ASR program, based on the closing price of $30.85 on January 31, 2019. The total number of shares to be repurchased will be based on the average of the Company's daily volume-weighted average stock price, less a discount, during the term of the ASR program, which is expected to be completed by the end of the second quarter of 2019.
TROY, Mich., Jan. 30, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (FBC), the holding company for Flagstar Bank, FSB, today announced its Board of Directors has approved both the initiation of a quarterly dividend and a $50 million share repurchase program. Shareholders of record on March 1, 2019 will receive a quarterly dividend of $0.04 per share on March 15, 2019. "The ability to offer a dividend and stock buyback is a really positive sign of how much progress we've made over the last few years," said Alessandro DiNello, president and chief executive officer of Flagstar Bancorp, Inc. "The initiation of a dividend reflects the underlying strength and diversity of our business and confidence in our future earnings prospects, while the share buyback program represents an attractive return on capital with our stock trading at such a low multiple of its tangible book value.
The Troy, Michigan-based company said it had profit of 93 cents per share. Earnings, adjusted for non-recurring gains, were 72 cents per share. The results met Wall Street expectations. The average estimate ...
- Company delivers solid earnings reflecting stronger, more diversified franchise TROY, Mich. , Jan. 22, 2019 /PRNewswire/ -- Key Highlights - Fourth Quarter 2018 Completed Wells Fargo branch acquisition, ...
# Flagstar Bancorp Inc ### NYSE:FBC View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for FBC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $370 million over the last one-month into ETFs that hold FBC are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Flagstar Bancorp (FBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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TROY, Mich. , Dec. 10, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its fourth quarter 2018 earnings call, which will be held Tuesday, Jan. 22, 2019 , at 11 a.m. ...
Sandro DiNello became the CEO of Flagstar Bancorp Inc (NYSE:FBC) in 2013. First, this article will compare CEO compensation with compensation at similar sized companies. Then we’ll look at a Read More...
TROY, Mich., Dec. 3, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. ("Company," NYSE: FBC) today reported that its wholly owned subsidiary Flagstar Bank, FSB, has closed its previously announced transaction to acquire 52 branches of Wells Fargo Bank in four Midwest states, including approximately $2 billion in deposits, along with certain related assets. "We are excited to welcome the customers and employees of the 52 Wells Fargo Bank branches who joined the Flagstar family over the weekend," said Alessandro DiNello, president and chief executive officer of Flagstar Bancorp. "We are eager to bring Flagstar's brand of custom-crafted banking solutions to our new customers—all delivered by our new team of talented bankers.
DETROIT, Nov. 14, 2018 /PRNewswire/ -- Detroit FinTech Bay today announced its first founding partner for the North American FinTech hub: Flagstar Bank, a home-grown bank with 100 branches in Michigan and home loan locations across the country. "We are pleased to have Flagstar on board as our first founding partner in Detroit," said Maissan Almaskati, managing partner of the FinTech Consortium.
Flagstar Bancorp Inc (NYSE:FBC), operating in the financial services industry based in United States, saw significant share price volatility over the past couple of months on the NYSE, rising to Read More...
Flagstar Bancorp (FBC) delivered earnings and revenue surprises of 0.00% and -4.62%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Troy, Michigan-based company said it had net income of 83 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 85 cents per share. The results met Wall Street ...
- Strong growth in earning assets and a widening of the net interest margin result in record net interest income levels TROY, Mich. , Oct. 23, 2018 /PRNewswire/ -- Key Highlights - Third Quarter 2018 Adjusted ...