Flagstar Bank is a subsidiary of Flagstar Bancorp (NYSE: FBC). Flagstar is a national mortgage originator also operating as a traditional Midwest community bank. Along with custom-fitting financial solutions for consumers, Flagstar offers the full resources of a commercial bank. We’re headquartered in Troy, Michigan and employ more than 3,500 financial professionals across the U.S. Our recruitment philosophy is simple: find talented people - craftsmen in their own right - and give them the tools to be greater. By using the right tools for the right job, their end goal is to craft financial solutions custom-fitted to each customer’s needs. Flagstar is hiring. If you’re ready to put your skills and technique to use, we’d love to talk to you. Visit flagstar.com/careers to search job openings and apply. Flagstar Bank is an Equal Opportunity Employer.

Type
Public
HQ
Troy, US
Size (employees)
3,495 (est)
Flagstar Bancorp is headquartered in Troy, US
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Key People/Management at Flagstar Bancorp

John D. Lewis

John D. Lewis

Chairman of the Board
Alessandro P. DiNello

Alessandro P. DiNello

President, Chief Executive Officer
Lee M. Smith

Lee M. Smith

Executive Vice President, Chief Operating Officer
James K. Ciroli

James K. Ciroli

Executive Vice President, Chief Financial Officer
Steve Figliuolo

Steve Figliuolo

Executive Vice President, Chief Risk Officer
Andrew W. Ottaway

Andrew W. Ottaway

Executive Vice President, Michigan Market President
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Flagstar Bancorp Office Locations

Flagstar Bancorp has an office in Troy
Troy, US (HQ)
5151 Corporate Dr
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Flagstar Bancorp Financials and Metrics

Flagstar Bancorp Revenue

Flagstar Bancorp's revenue was reported to be $904 m in FY, 2016 which is a 154.6% increase from the previous period.
USD

Revenue (Q1, 2018)

263 m

Gross profit (Q1, 2018)

217 m

Gross profit margin (Q1, 2018), %

82.5%

Net income (Q1, 2018)

35 m

EBIT (Q1, 2018)

106 m

Market capitalization (11-Jul-2018)

2 b

Closing share price (11-Jul-2018)

34.6

Cash (31-Mar-2018)

243 m
Flagstar Bancorp's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

839 m646.6 m355 m904 m

Revenue growth, %

(23%)(45%)155%

Cost of goods sold

144 m39.3 m68 m94 m137 m

Gross profit

695 m607.4 m287 m810 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

213.1 m141.3 m174.4 m160.3 m216 m219 m206 m227 m262 m210 m245 m263 m

Cost of goods sold

36.1 m8.2 m9.5 m10.7 m14.4 m17 m18 m22 m22 m26 m27 m32 m46 m

Gross profit

177 m133.2 m164.9 m149.6 m199 m201 m184 m205 m236 m183 m213 m217 m

Gross profit Margin, %

83%94%95%93%92%92%89%90%90%87%87%83%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

208 m158 m204 m

Accounts Receivable

Inventories

PP&E

250 m275 m330 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

246 m195 m724 m184 m174 m161 m183 m243 m

PP&E

240 m243 m256 m259 m271 m277 m299 m348 m

Total Assets

12.1 b12.5 b13.7 b13.7 b14.3 b15.4 b16 b17.7 b

Accounts Payable

7.6 b8.1 b8.5 b8.6 b9.4 b8.6 b8.7 b10 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

267 m(69.5 m)158 m171 m63 m

Depreciation and Amortization

24 m32 m40 m

Inventories

Accounts Payable

Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

25.5 m(27.6 m)31.5 m78 m125 m39 m86 m143 m27 m

Depreciation and Amortization

11 m17 m7 m16 m24 m

Cash From Operating Activities

(5 b)(7.1 b)(1.9 b)(5.2 b)(10.1 b)(5.2 b)(12 b)(6.2 b)

Cash From Investing Activities

2.9 b4.6 b2.5 b5.3 b9.7 b3.9 b10.1 b6.1 b
USDY, 2018

Financial Leverage

12.4 x
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Flagstar Bancorp Operating Metrics

Flagstar Bancorp's Total Loans was reported to be $9.5b in FY, 2016.
FY, 2014FY, 2015FY, 2016

Bank Branches

130 114 120

Non-performing Loans

$74 m$31 m$22 m

Total Loans

$6.52 b$9.23 b$9.47 b
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Flagstar Bancorp Online and Social Media Presence

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Flagstar Bancorp News and Updates

Flagstar Bancorp, Inc. Announces Pricing of Secondary Offering of Common Stock

TROY, Mich., June 11, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the pricing of a registered public secondary offering of 8,000,000 shares of the Company's common stock at a public offering price of $34.50 per share. All of the shares have...
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Flagstar Bancorp Company Life and Culture

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