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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.

TypePublic
HQTroy, US
Websiteflagstar.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2018)3,938(+13%)
Job Openings140
Revenue (FY, 2018)$1.1 B(+13%)
Share Price (Mar 2019)$32.4 (-1%)

Key People/Management at Flagstar Bancorp

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
Kristy W. Fercho

Kristy W. Fercho

Executive Vice President, President of Mortgage
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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

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Flagstar Bancorp's revenue was reported to be $1.12 b in FY, 2018
USD

Revenue (FY, 2018)

1.1b

Gross profit (FY, 2018)

936.0m

Gross profit margin (FY, 2018), %

83.4%

Net income (FY, 2018)

187.0m

EBIT (FY, 2018)

497.0m

Market capitalization (19-Mar-2019)

1.8b

Closing stock price (19-Mar-2019)

32.4

Cash (31-Dec-2018)

408.0m
Flagstar Bancorp's current market capitalization is $1.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

983.0m646.6m825.0m904.0m997.0m1.1b

Revenue growth, %

(23%)(45%)155%

Cost of goods sold

144.0m39.3m68.0m94.0m137.0m186.0m

Gross profit

839.0m607.4m757.0m810.0m860.0m936.0m
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, 2017FY, 2018

Cash

280.5m208.0m158.0m204.0m408.0m

Accounts Receivable

Inventories

PP&E

231.4m250.0m275.0m330.0m390.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

267.0m(69.5m)158.0m171.0m63.0m187.0m

Depreciation and Amortization

24.0m32.0m40.0m56.0m

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

Revenue/Employee

303.8k

Financial Leverage

11.8 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 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...
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Flagstar Bancorp Frequently Asked Questions

  • Who are Flagstar Bancorp key executives?

    Flagstar Bancorp's key executives are Alessandro P. DiNello, Lee M. Smith and James K. Ciroli.

  • How many employees does Flagstar Bancorp have?

    Flagstar Bancorp has 3,938 employees.

  • What is Flagstar Bancorp revenue?

    Latest Flagstar Bancorp annual revenue is $1.1 b.

  • What is Flagstar Bancorp revenue per employee?

    Latest Flagstar Bancorp revenue per employee is $284.9 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.