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Flagstar Bancorp (FBC)

Flagstar Bancorp, Inc. is a $31.0 billion savings and loan holding company headquartered in Troy, Mich.Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 103 retail locations in 28 states, representing the combined retail branches of Flagstar and its Opes Advisors mortgage division. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $227 billion of loans representing almost 1.1 million borrowers.

Company profile

Ticker
FBC
Exchange
CEO
Alessandro DiNello
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Douglas Insurance Agency, Inc. • Flagstar Investment, LLC • Flagstar Mortgage Securities, LLC • Flagstar Opportunities Fund Limited Partnership • Flagstar Opportunities, LLC • Flagstar Real Estate Holdings, Inc. • Flagstar Reinsurance Company • Flagstar REO, LLC • Grass Lake Insurance Agency, Inc. • Lenderful, LLC ...
IRS number
383150651

FBC stock data

Analyst ratings and price targets

Last 3 months

Calendar

9 May 22
26 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 477M 477M 477M 477M 477M 477M
Cash burn (monthly) 205M 250K (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 588.26M 717.39K n/a n/a n/a n/a
Cash remaining -111.26M 476.28M n/a n/a n/a n/a
Runway (months of cash) -0.5 1905.1 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
18 Jun 22 Ciroli James Flagstar Bancorp, Inc. Common Stock Payment of exercise Dispose F No No 0 853 0 75,839
18 Jun 22 Ciroli James Flagstar Bancorp, Inc. Common Stock Option exercise Acquire M No No 0 3,501 0 76,692
18 Jun 22 Ciroli James RSU Flagstar Bancorp, Inc. Common Stock Option exercise Dispose M No No 0 3,501 0 0
18 Jun 22 Figliuolo Stephen V Flagstar Bancorp, Inc. Common Stock Payment of exercise Dispose F No No 0 1,378 0 61,751
18 Jun 22 Figliuolo Stephen V Flagstar Bancorp, Inc. Common Stock Option exercise Acquire M No No 0 3,501 0 63,129
18 Jun 22 Figliuolo Stephen V RSU Flagstar Bancorp, Inc. Common Stock Option exercise Dispose M No No 0 3,501 0 0
18 Jun 22 Paul D Borja Flagstar Bancorp, Inc. Common Stock Payment of exercise Dispose F No No 0 161 0 28,470
18 Jun 22 Paul D Borja Flagstar Bancorp, Inc. Common Stock Option exercise Acquire M No No 0 560 0 28,631
18 Jun 22 Paul D Borja RSU Flagstar Bancorp, Inc. Common Stock Option exercise Dispose M No No 0 560 0 0
18 Jun 22 Marx Bryan Flagstar Bancorp, Inc. Common Stock Payment of exercise Dispose F No No 0 201 0 13,785
92.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 221 237 -6.8%
Opened positions 29 34 -14.7%
Closed positions 45 31 +45.2%
Increased positions 78 83 -6.0%
Reduced positions 73 80 -8.8%
13F shares Current Prev Q Change
Total value 2.09B 12.74B -83.6%
Total shares 49.11M 50.54M -2.8%
Total puts 38.7K 9.3K +316.1%
Total calls 10.7K 9.9K +8.1%
Total put/call ratio 3.6 0.9 +285.0%
Largest owners Shares Value Change
BLK Blackrock 7.88M $334M +2.8%
Vanguard 5.49M $232.92M -1.5%
Dimensional Fund Advisors 3.82M $161.84M +1.4%
STT State Street 2.36M $99.9M +9.8%
Arp Americas 1.61M $68.37M -27.1%
Bayview Asset Management 1.58M $67.1M 0.0%
Vivaldi Asset Management 1.55M $65.81M +118.4%
Wellington Management 1.4M $59.32M -9.6%
Bay Pond Partners 1.16M $55.72M 0.0%
Alpine Associates Management 1.02M $43.1M +0.6%
Largest transactions Shares Bought/sold Change
Vivaldi Asset Management 1.55M +841.47K +118.4%
Norges Bank 0 -618.23K EXIT
Arp Americas 1.61M -598.76K -27.1%
C Citigroup 620.72K -377.35K -37.8%
IndexIQ Advisors 0 -326.64K EXIT
Tudor Investment Corp Et Al 0 -303.32K EXIT
Chicago Capital Management 0 -283.53K EXIT
DB Deutsche Bank AG - Registered Shares 483.01K +279.63K +137.5%
Nuveen Asset Management 259.77K -279.59K -51.8%
Harspring Capital Management 318.5K +243.5K +324.7%

Financial report summary

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Management Discussion
  • (1)See Use of Non-GAAP Financial Measures for further information.
  • (1)Interest rate spread is the difference between the yield earned on average interest-earning assets for the period and the rate of interest paid on average interest-bearing liabilities.
  • (2) See Use of Non-GAAP Financial Measures for further information.

Content analysis

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