Flagstar Reports First Quarter 2015 Net Income of $31.5 million, or $0.43 per Diluted Share04/28/15
Significant increase in profitability driven by positive operating leverage Loan sales result in substantially improved asset quality Key Q1 Highlights - Net income increased $20.4 million, or $0.36 per diluted share, from fourth quarter 2014 - Positive operating leverage, led by 15 percent increase in revenue and 2 percent decline in expenses versus prior quarter - Interest-earning assets rose 8 percent from last quarter, driven by investment portfolio and loan growth; warehous... More >>
Flagstar Bank Sponsors Walks Statewide to Support March for Babies04/01/15
TROY, Mich., April 1, 2014—For the 10th consecutive year, Flagstar Bank is sponsoring statewide walks to support the March of Dimes March for Babies. Flagstar serves as a sponsor of 11 walks in its community banking markets and as presenting sponsor of the Oakland County walk slated for April 26 at Oakland University. In 2015, as in 2014, Flagstar will be the presenting sponsor of World Prematurity Awareness Day, a one-day, online, worldwide fundraiser to prevent prematur... More >>
Flagstar Announces First Quarter 2015 Earnings Call04/01/15
TROY, Mich., April 1, 2015 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar") today released instructions for its first quarter 2015 earnings call, which will be held Tuesday, April 28, 2015, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2015 financial results, which will be released at approximately 6:30 a.m. April 28, 2015. To join the call, please dial (888) 812-8589 toll free or (913) 312-1276, and use passcode 2728522. Please call at least 10... More >>
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