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.

Type
Public
HQ
Troy, US
Size (employees)
2,894 (est)+5%
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 $904 m in 2016
Numbers are in $, USD

Revenue (Y, 2016)

904 m

Revenue growth (Y, 2015 - Y, 2016), %

155%

Gross profit (Y, 2016)

810 m

Gross profit margin (Y, 2016), %

90%

Net income (Y, 2016)

171 m

EBIT (Y, 2016)

323 m

Market capitalization (22-Jun-2017)

1.7 b

Closing share price (22-Jun-2017)

30.5

Cash (31-Dec-2016)

158 m
Flagstar Bancorp's current market capitalization is $1.7 b.
FY, 2013Y, 2014FY, 2015Y, 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
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

208 m158 m

PP&E

250 m275 m

Total Assets

13.7 b14.1 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
FY, 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
Numbers are in $, USDY, 2016

Revenue/Employee

326.2 k

Financial Leverage

10.5 x

Flagstar Bancorp Market Value History

Flagstar Bancorp Online and Social Media Presence

Flagstar Bancorp Company Life and Culture

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