Flagstar Bank has named Michael Adler as executive vice president and head of Wholesale Banking, which encompasses all commercial client coverage teams, treasury management sales, commercial real estate, as well as non-mortgage capital markets, and non-consumer-facing areas such as foreign exchange/swaps.
Flagstar Bank has named James Campbell executive vice president and head of servicing for Flagstar's residential mortgage business. He brings to Flagstar over 30 years' experience in the financial services industry with a focus on the customer experience, employee development, process improvement, automation, and change management.
Flagstar Bancorp (FBC) delivered earnings and revenue surprises of 50.77% and 8.66%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?