Flagstar Bancorp

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.

Company Growth (employees)
Type
Public
HQ
Troy, US
Size (employees)
2,948 (est)+2%
Flagstar Bancorp is headquartered in Troy, US

Flagstar Bancorp Office Locations

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

Flagstar Bancorp Data and Metrics

Flagstar Bancorp Financial Metrics

Flagstar Bancorp's revenue was reported to be $210 m in Q1, 2017
USD

Revenue (Q1, 2017)

210 m

Gross profit (Q1, 2017)

183 m

Gross profit margin (Q1, 2017), %

87%

Net income (Q1, 2017)

27 m

EBIT (Q1, 2017)

83 m

Market capitalization (15-Aug-2017)

1.9 b

Cash (31-Mar-2017)

161 m
Flagstar Bancorp's current market capitalization is $1.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

839 m646.6 m355 m904 m

Revenue growth, %

(23%)(45%)155%

Cost of goods sold

144 m39.3 m68 m94 m

Gross profit

695 m607.4 m287 m810 m

Gross profit Margin, %

83%94%81%90%

Operating expense total

918.1 m579.2 m536 m560 m

EBIT

(149.3 m)114.7 m240 m323 m

EBIT margin, %

(18%)18%68%36%

Pre tax profit

(149.3 m)240 m258 m

Income tax expense

(416.3 m)(34 m)82 m87 m

Net Income

267 m(69.5 m)158 m171 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

174.4 m160.3 m216 m219 m206 m227 m262 m210 m

Cost of goods sold

9.5 m10.7 m14.4 m17 m18 m22 m22 m26 m27 m

Gross profit

164.9 m149.6 m199 m201 m184 m205 m236 m183 m

Gross profit Margin, %

95%93%92%92%89%90%90%87%

Sales and marketing expense

55.2 m53.5 m60.8 m59 m58 m68 m66 m69 m72 m

General and administrative expense

19.4 m20.5 m19.9 m20 m20 m22 m21 m21 m22 m

Operating expense total

74.6 m74 m80.7 m79 m78 m90 m87 m90 m94 m

EBIT

56.3 m56.3 m64.9 m86 m74 m79 m77 m80 m83 m

EBIT margin, %

32%35%40%34%38%34%31%40%

Pre tax profit

74 m71 m60 m69 m87 m40 m

Income tax expense

11.9 m(10.3 m)18.2 m28 m24 m21 m22 m30 m13 m

Net Income

25.5 m(27.6 m)31.5 m78 m125 m39 m86 m143 m27 m
USDFY, 2015FY, 2016

Cash

208 m158 m

PP&E

250 m275 m

Total Assets

13.7 b14.1 b

Accounts Payable

8.8 b

Total Liabilities

12.7 b

Additional Paid-in Capital

1.5 b1.5 b

Retained Earnings

(227 m)(161 m)

Total Equity

1.5 b1.3 b

Financial Leverage

9 x10.5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

246 m195 m724 m184 m174 m161 m

PP&E

240 m243 m256 m259 m271 m277 m

Total Assets

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

Accounts Payable

7.6 b8.1 b8.5 b8.6 b9.4 b8.6 b

Additional Paid-in Capital

1.5 b1.5 b1.5 b1.5 b1.5 b1.5 b

Retained Earnings

(307 m)(260 m)(188 m)(141 m)(189 m)(134 m)

Total Equity

1.5 b1.5 b1.6 b1.6 b1.3 b1.4 b

Financial Leverage

8.4 x8.3 x8.8 x8.6 x11.1 x11.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

267 m(69.5 m)158 m171 m

Depreciation and Amortization

24 m32 m

Accounts Receivable

(1 m)

Cash From Operating Activities

(672.3 m)(9.5 b)(16.4 b)

Cash From Investing Activities

5.9 b16.2 b

Cash From Financing Activities

3.7 b109 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

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

Accounts Receivable

2 m1 m1 m

Cash From Operating Activities

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

Cash From Investing Activities

2.9 b4.6 b2.5 b5.3 b9.7 b3.9 b

Short-term Borrowings

(666 m)(1 b)

Long-term Borrowings

(55 m)

Cash From Financing Activities

2.2 b2.5 b(94 m)(205 m)345 m1.4 b
USDY, 2017

Revenue/Employee

72.6 k

Financial Leverage

11.2 x

Flagstar Bancorp Market Value History

Traffic Overview of Flagstar Bancorp

Flagstar Bancorp Online and Social Media Presence

Flagstar Bancorp Company Life and Culture

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