|Flagstar Reports Fourth Quarter 2013 Net Income of $160.5 Million or $2.77 per Diluted Share, 01/22/14|
|Recaptured deferred tax asset
Implemented organizational restructuring as part of ongoing cost optimization efforts, on track to achieve high end of expense reduction target by first quarter 2014
Prepaid $2.9 billion in long-term FHLB advances, anticipated to provide $60 to $80 million in annualized net interest income benefit
TROY, Mich., Jan. 22, 2014 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE:FBC) ("the Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today repor... More >>|
|Flagstar Announces Organizational Restructuring to Reduce Costs and Enhance Profitability, 01/16/14|
|Initiative Expected to Ensure Long-Term Sustainability of Earnings
TROY, Mich., Jan. 16, 2014 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar" or the "Company") today announced that it has implemented an organizational restructuring to reduce expenses in light of the current operating environment and consistent with its previously communicated strategy of optimizing its cost structure across all business lines.
"In 2013 we made important progress in resolving certain legacy ... More >>|
|Flagstar Announces Fourth Quarter 2013 Earnings Call, 01/09/14|
|TROY, Mich., Jan. 9, 2014 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar") today released instructions for its fourth quarter 2013 earnings call, which will be held on Thursday, January 23, 2014, at 11 a.m. (ET). The purpose of the call is to discuss Flagstar's fourth quarter and full-year 2013 financial results, which will be released after the market closes on January 22, 2014.
To join the call, please dial (888) 715-1387 toll free or (913) 312-1521, and use passcode: 2979... More >>|