Company Quick10K Filing
Flagstar Bancorp
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 57 $1,827
10-K 2020-02-28 Annual: 2019-12-31
10-Q 2019-11-04 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-Q 2019-05-10 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-05 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-Q 2018-05-07 Quarter: 2018-03-31
10-K 2018-03-12 Annual: 2017-12-31
10-Q 2017-11-06 Quarter: 2017-09-30
10-Q 2017-08-07 Quarter: 2017-06-30
10-Q 2017-05-08 Quarter: 2017-03-31
10-K 2017-03-13 Annual: 2016-12-31
10-Q 2016-11-07 Quarter: 2016-09-30
10-Q 2016-08-09 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-14 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-03 Quarter: 2014-09-30
10-Q 2014-07-29 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-05 Annual: 2013-12-31
10-Q 2013-10-30 Quarter: 2013-09-30
10-Q 2013-07-30 Quarter: 2013-06-30
10-Q 2013-04-30 Quarter: 2013-03-31
10-K 2013-03-05 Annual: 2012-12-31
10-Q 2012-10-30 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-03-20 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-15 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-Q 2010-05-10 Quarter: 2010-03-31
10-K 2010-03-15 Annual: 2009-12-31
8-K 2020-01-28 Earnings, Exhibits
8-K 2019-11-01 Other Events, Exhibits
8-K 2019-10-22 Earnings, Exhibits
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-05-21 Shareholder Vote
8-K 2019-04-23 Earnings, Exhibits
8-K 2019-01-31 Other Events, Exhibits
8-K 2019-01-30 Other Events, Exhibits
8-K 2019-01-18 Earnings, Officers, Exhibits
8-K 2018-12-10 Regulation FD, Other Events, Exhibits
8-K 2018-12-03 M&A, Regulation FD, Exhibits
8-K 2018-10-22 Earnings, Officers, Exhibits
8-K 2018-08-17 Leave Agreement, Regulation FD, Exhibits
8-K 2018-07-24 Earnings, Exhibits
8-K 2018-06-14 Other Events, Exhibits
8-K 2018-06-05 Enter Agreement, Regulation FD, Exhibits
8-K 2018-06-01 Other Events, Exhibits
8-K 2018-05-22 Shareholder Vote
8-K 2018-04-24 Earnings, Exhibits
8-K 2018-03-26 Officers
8-K 2018-01-23 Earnings, Exhibits

Flagstar Bancorp Financials

FBC Metrics, Comps, Filings

Annual | Quarterly

Business

We are a savings and loan holding company founded in 1993. Our business is primarily conducted through our principal subsidiary, the Bank, a federally chartered savings bank founded in 1987. We provide commercial and consumer banking services and we are the 5th largest bank mortgage originator in the nation and the 6th largest sub-servicer of mortgage loans nationwide. At December 31, 2018, we had 3,938 full-time equivalent employees. Our common stock is listed on the NYSE under the symbol "FBC."

Our relationship-based business model leverages our full-service bank's capabilities and our national mortgage platform to create and build financial solutions for our customers. At December 31, 2018, we operated 160 full service banking branches that offer a full set of banking products to consumer, commercial, and government customers. Our banking footprint spans throughout Michigan, Indiana, California, Wisconsin, Ohio and contiguous states.

We originate mortgages through a wholesale network of brokers and correspondents in all 50 states, and our own loan officers from 75 retail locations in 24 states and two call centers, which include our direct-to-consumer lending team. Flagstar is also a leading national servicer of mortgage loans and provides complementary ancillary offerings including MSR lending, servicing advance lending and recapture services.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
BankUnited (BKU) 3,227 0% 3.6 1% 33,092 30,224 4 0 297 880 3,188
Capitol Federal Financial (CFFN) 1,894 0% 7.7 1% 9,286 7,959 12 0 93 238 1,824
LegacyTexas Financial (LTXB) 1,892 5.7 2% 9,936 8,793 0 157 157 287 1,629
Flagstar Bancorp (FBC) 1,827 0% 4.4 1% 20,206 18,550 1,022 0 199 447 1,969
Columbia Financial (CLBK) 1,715 0% 18.5 1% 6,981 5,973 3 0 53 153 2,824
Provident Financial Services (PFS) 1,687 0% 6.2 1% 9,938 8,547 38 0 127 239 1,480
Axos Financial (AX) 1,594 0% 2.3 1% 11,220 10,147 28 0 155 389 905
Oceanfirst Financial (OCFC) 1,259 6.4 1% 8,029 6,892 0 0 91 171 1,104
Kearny Financial (KRNY) 1,215 8.5 1% 6,635 5,508 0 0 42 138 1,176
Brookline Bancorp (BRKL) 1,194 10.0 1% 7,637 6,719 0 0 88 203 2,031
Meta Financial Group (CASH) 1,108 0% 6.1 1% 6,101 5,278 385 0 89 165 1,008
Beneficial Bancorp (BNCL) 1,034 1.9 1% 5,807 4,757 0 0 48 98 181
Northfield Bancorp (NFBK) 793 0% 7.8 1% 4,768 4,087 2 0 36 96 746
Dime Community Bancshares (DCOM) 662 0% 3.3 1% 6,498 5,890 5 0 49 151 490
Access National (ANCX) 571 0% 8.5 1% 3,021 2,579 9 0 27 53 446
First Defiance Financial (FDEF) 552 5.4 1% 3,278 2,870 0 0 47 86 468
Sterling Bancorp (SBT) 509 3.1 2% 3,279 2,937 0 0 61 138 429
Waterstone Financial (WSBF) 468 14.0 2% 2,015 1,628 0 0 31 65 917
HomeTrust Bancshares (HTBI) 456 0% 6.0 1% 3,476 3,067 11 0 27 64 385
Farmers & Merchants Bancorp (FMAO) 348 7.2 1% 1,531 1,306 0 0 16 31 225

Balance Sheet ($MM)2011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash73150463770204432
Accounts Receivable
Inventory
PP&E204427238250275330390
Assets13,6371,7081,6601,8251,85516,91218,531
Accounts Payable
Long-Term Debt249247840493494495
Liabilities12,55828328729651915,51316,961
Stockholders' Equity1,0801,4261,3731,5291,3361,3991,570
Income Statement ($MM)2011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue839607860936
Cost of Revenue
Gross Profit
R&D
SG&A135446353498273
Tax19-16714845
Net Income-182267-6915817163187
Cash Flow ($MM)2011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating592-6-2-7159-25,291-23,378
Cash Investing-1,484-0-2-2022,49424,607
Cash Financing670003,734-1262,843-1,020