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

Alessandro DiNello

Alessandro DiNello

President, Chief Executive Officer
John Lewis

John Lewis

Chairman of the Board
Lee Smith

Lee Smith

Executive Vice President, Chief Operating Officer
James Ciroli

James Ciroli

Executive Vice President, Chief Financial Officer

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 Financials

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

Net income (FY, 2017)

63 m

EBIT (FY, 2017)

390 m

Market capitalization (20-Apr-2018)

1.9 b

Cash (31-Dec-2017)

204 m
Flagstar Bancorp's current market capitalization is $1.9 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, 2017

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

83%94%95%93%92%92%89%90%90%87%87%
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, 2017

Cash

246 m195 m724 m184 m174 m161 m183 m

PP&E

240 m243 m256 m259 m271 m277 m299 m

Total Assets

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

Accounts Payable

7.6 b8.1 b8.5 b8.6 b9.4 b8.6 b8.7 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, 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

Cash From Operating Activities

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

Cash From Investing Activities

2.9 b4.6 b2.5 b5.3 b9.7 b3.9 b10.1 b
USDY, 2017

Financial Leverage

12.1 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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