OverviewSuggest Edit

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
HQJackson, MI, US
Websiteflagstar.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Jun 2019)4,147(+4%)
Job Openings1,867
Revenue (FY, 2020)$41 M(-10%)
Share Price (May 2021)$46.5
Cybersecurity ratingDMore

Key People/Management at Flagstar Bancorp

Alessandro P. DiNello

Alessandro P. DiNello

President, Chief Executive Officer
John D. Lewis

John D. Lewis

Director
James K. Ciroli

James K. Ciroli

Executive Vice President, Chief Financial Officer
Stephen V. Figliuolo

Stephen V. Figliuolo

Executive Vice President, Chief Risk Officer
Steve Figliuolo

Steve Figliuolo

Executive Vice President, Chief Risk Officer
Andrew W. Ottaway

Andrew W. Ottaway

Executive Vice President, President of Banking
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Flagstar Bancorp Office Locations

Flagstar Bancorp has an office in Jackson
Jackson, MI, US (HQ)
301 W Michigan Ave
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Flagstar Bancorp Financials and Metrics

Flagstar Bancorp Revenue

Flagstar Bancorp's revenue was reported to be $41 m in FY, 2020
USD

Revenue (Q1, 2021)

324.0m

Net income (Q1, 2021)

149.0m

Market capitalization (7-May-2021)

2.5b

Closing stock price (7-May-2021)

46.5

Cash (31-Mar-2021)

449.0m

EV

4.8b
Flagstar Bancorp's current market capitalization is $2.5 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

385.5m1.3b839.0m607.4m470.0m487.0m860.0m936.0m46.0m41.0m

Revenue growth, %

(23%)(45%)155%

Sales and marketing expense

11.9m11.0m16.0m25.0m22.0m

General and administrative expense

134.7m44.2m43.7m63.4m53.0m49.0m82.0m73.0m97.0m117.0m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

112.6m221.4m240.3m273.7m240.6m267.1m177.0m133.2m164.9m149.6m183.2m126.0m128.0m105.0m128.0m236.0m183.0m213.0m233.0m217.0m238.0m231.0m235.0m306.0m317.0m378.0m324.0m

General and administrative expense

26.6m37.8m34.8m83.5m11.5m10.4m11.5m7.9m7.4m50.3m11.9m15.0m13.0m10.0m13.0m13.0m17.0m20.0m22.0m19.0m15.0m18.0m22.0m23.0m26.0m28.0m34.0m57.0m

Operating expense total

26.6m37.8m34.8m83.5m11.5m10.4m11.5m7.9m7.4m50.3m11.9m141.0m13.0m10.0m13.0m13.0m17.0m20.0m22.0m19.0m112.0m18.0m22.0m147.0m26.0m28.0m34.0m57.0m

Depreciation and amortization

5.5m7.0m12.0m7.0m8.0m8.0m9.0m9.0m10.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(181.8m)68.4m267.0m(69.5m)158.0m171.0m63.0m187.0m218.0m538.0m

Depreciation and Amortization

15.9m20.2m23.2m24.0m24.0m32.0m40.0m56.0m70.0m76.0m

Cash From Operating Activities

591.7m(389.8m)(195.9m)(8.1b)(9.5b)(16.4b)(25.3b)(23.4b)(17.1b)(8.0b)

Purchases of PP&E

13.4m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

(106.6m)(7.3m)80.1m161.2m23.6m90.8m105.1m(78.4m)(52.9m)(80.5m)31.5m78.0m125.0m39.0m86.0m143.0m68.0m21.0m

Depreciation and Amortization

10.9m4.5m9.5m14.8m5.4m11.3m17.2m5.8m11.6m17.9m5.7m11.0m17.0m7.0m16.0m24.0m

Cash From Operating Activities

462.6m(500.0m)(155.2m)(884.7m)1.4b2.0b2.8b(1.8b)(3.6b)(5.8b)(3.4b)(5.0b)(7.1b)(1.9b)(5.2b)(10.1b)(5.2b)(12.0b)(19.2b)(6.2b)(11.8b)(19.0b)(4.7b)(10.0b)(15.7b)(1.5b)(4.7b)(320.0m)

Purchases of PP&E

(29.1m)(7.1m)(14.5m)(22.4m)
USDQ3, 2011

Debt/Equity

0.2 x

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

130114120

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 Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

Flagstar Bancorp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Flagstar Bancorp Online and Social Media Presence

Embed Graph

Flagstar Bancorp Company Culture

  • Overall Culture

    B

    73/100

  • CEO Rating

    A

    80/100

  • Compensation

    C-

    60/100

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Flagstar Bancorp News and Updates

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Flagstar Bancorp, Inc. Merger

WILMINGTON, Del., April 26, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Flagstar Bancorp, Inc. (“Flagstar”) (NYSE: FBC) regarding possible breaches of fiduciary duties and other violations of law related to Flagstar’s agreement to be acquired by New York Communi…

Thinking about trading options or stock in Apple, MicroStrategy, Pfizer, Flagstar Bancorp, or Nio?

NEW YORK, April 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, MSTR, PFE, FBC, and NIO. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., April 26, 2021 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable June 15, 2021, to...

Flagstar Bancorp Reports Fourth Quarter 2020 Net Income of $154 million, or $2.83 Per Diluted Share

TROY, Mich., Jan. 21, 2021 /PRNewswire/ -- Key Highlights - Fourth Quarter 2020 Net interest income grew by $9 million with lower deposit costs and higher warehouse balances. Mortgage revenue was $232 million as fallout adjusted lock volume and gain on sale margins stayed strong. Asset...

Flagstar Bancorp, Inc. Announces Pricing of Subordiated Notes Offering

TROY, Mich., Oct. 26, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the pricing of its previously announced underwritten registered offering of $150 million aggregate principal amount of its 4.125% Fixed-to-Floating Rate Subordinated Notes due...

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

TROY, Mich., Aug. 10, 2020 /PRNewswire/ – Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the commencement of a registered public secondary offering of 6,000,000 shares of the Company's common stock, or approximately 10.5% of the Company's outstanding common stock. All...
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Flagstar Bancorp Frequently Asked Questions

  • Who are Flagstar Bancorp key executives?

    Flagstar Bancorp's key executives are Alessandro P. DiNello, John D. Lewis and James K. Ciroli.

  • How many employees does Flagstar Bancorp have?

    Flagstar Bancorp has 4,147 employees.

  • What is Flagstar Bancorp revenue?

    Latest Flagstar Bancorp annual revenue is $41 m.

  • What is Flagstar Bancorp revenue per employee?

    Latest Flagstar Bancorp revenue per employee is $9.9 k.

  • Who are Flagstar Bancorp competitors?

    Competitors of Flagstar Bancorp include Chemical Bank, Halkbank and Jyske Bank.

  • Where is Flagstar Bancorp headquarters?

    Flagstar Bancorp headquarters is located at 301 W Michigan Ave, Jackson.

  • Where are Flagstar Bancorp offices?

    Flagstar Bancorp has an office in Jackson.

  • How many offices does Flagstar Bancorp have?

    Flagstar Bancorp has 1 office.