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.

Employee Rating

3.2More
TypePublic
HQTroy, US
Size (employees)3,682 (est)+6%
Websiteflagstar.com
Flagstar Bancorp is headquartered in Troy, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

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, President of Banking
Show more

Flagstar Bancorp Office Locations

Flagstar Bancorp has an office in Troy
Troy, (HQ)
5151 Corporate Dr
Show all (1)
Report incorrect company information

Flagstar Bancorp Financials and Metrics

Flagstar Bancorp Revenue

Embed Graph
View revenue for all periods
Flagstar Bancorp's revenue was reported to be $997 m in FY, 2017
USD

Revenue (Q3, 2018)

290.0m

Gross profit (Q3, 2018)

231.0m

Gross profit margin (Q3, 2018), %

79.7%

Net income (Q3, 2018)

48.0m

EBIT (Q3, 2018)

124.0m

Market capitalization (4-Dec-2018)

1.8b

Closing stock price (4-Dec-2018)

30.9

Cash (30-Sep-2018)

264.0m
Flagstar Bancorp's current market capitalization is $1.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

983.0m646.6m825.0m904.0m997.0m

Revenue growth, %

(23%)(45%)155%

Cost of goods sold

144.0m39.3m68.0m94.0m137.0m

Gross profit

839.0m607.4m757.0m810.0m860.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

213.1m141.3m174.4m160.3m216.0m219.0m206.0m227.0m262.0m210.0m245.0m270.0m263.0m290.0m290.0m

Cost of goods sold

36.1m8.2m9.5m10.7m14.4m17.0m18.0m22.0m22.0m26.0m27.0m32.0m37.0m46.0m52.0m59.0m

Gross profit

177.0m133.2m164.9m149.6m199.0m201.0m184.0m205.0m236.0m183.0m213.0m233.0m217.0m238.0m231.0m

Gross profit Margin, %

83%94%95%93%92%92%89%90%90%87%87%86%83%82%80%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

280.5m208.0m158.0m204.0m

Accounts Receivable

Inventories

PP&E

231.4m250.0m275.0m330.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

267.0m(69.5m)158.0m171.0m63.0m

Depreciation and Amortization

24.0m32.0m40.0m

Inventories

Accounts Payable

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

Net Income

25.5m(27.6m)31.5m78.0m125.0m39.0m86.0m143.0m27.0m

Depreciation and Amortization

11.0m17.0m7.0m16.0m24.0m

Cash From Operating Activities

(5.0b)(7.1b)(1.9b)(5.2b)(10.1b)(5.2b)(12.0b)(19.2b)(6.2b)(11.8b)(19.0b)

Cash From Investing Activities

2.9b4.6b2.5b5.3b9.7b3.9b10.1b16.5b6.1b11.5b18.1b
USDY, 2018

Financial Leverage

12.3 x
Show all financial metrics

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
Show all operating metrics
Report incorrect company information

Flagstar Bancorp Online and Social Media Presence

Embed Graph
Report incorrect company information

Flagstar Bancorp News and Updates

Flagstar Bancorp and TechTarget Set to Join S&P SmallCap 600

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective at the open of trading on Tuesday, October 23: Flagstar Bancorp Inc. (NYSE:FBC) will replace SUPERVALU Inc. (NYSE:SVU) in the S&P SmallCap 600. S&P MidCap 4…

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...
Show more
Report incorrect company information

Flagstar Bancorp Company Life and Culture

Report incorrect company information

Flagstar Bancorp Frequently Asked Questions

  • Who are Flagstar Bancorp key executives?

    Flagstar Bancorp's key executives are John D. Lewis, Alessandro P. DiNello and Lee M. Smith.

  • How many employees does Flagstar Bancorp have?

    Flagstar Bancorp has 3,682 employees.

  • What is Flagstar Bancorp revenue?

    Latest Flagstar Bancorp annual revenue is $997 m.

  • What is Flagstar Bancorp revenue per employee?

    Latest Flagstar Bancorp revenue per employee is $270.8 k.

  • Who are Flagstar Bancorp competitors?

    Competitors of Flagstar Bancorp include Zuger Kantonalbank, Valiant and Bankinter.

  • Where is Flagstar Bancorp headquarters?

    Flagstar Bancorp headquarters is located at 5151 Corporate Dr, Troy.

  • Where are Flagstar Bancorp offices?

    Flagstar Bancorp has an office in Troy.

  • How many offices does Flagstar Bancorp have?

    Flagstar Bancorp has 1 office.