Flagstar Bank Awards Grant to the Kids' Food Basket02/03/16
New refrigeration system means more food for kids TROY, Mich., Feb. 3, 2016–Flagstar Bank today announced the Kids’ Food Basket in Holland, Mich., received a $5,000 grant as the winner of Flagstar’s Michigan Makeovers program. The winning project was selected by public vote. Every day, the Kids’ Food Basket provides a nutritious evening meal called a Sack Supper to over 7,500 area children. With help from Flagstar’s grant, the organization will be able to expand i... More >>
Flagstar Reports Fourth Quarter 2015 Net Income of $33 million, or $0.44 per Diluted Share01/26/16
Company makes continued progress in successfully executing business plan Key Q4 Highlights Net interest income grew 4 percent from third quarter 2015, driven by a 5 percent increase in earning assets Gain on loan sales fell $22 million, or 32 percent, from prior quarter due to seasonal factors and TILA-RESPA Integrated Disclosure ("TRID") Net charge-offs and consumer delinquencies improved on solid credit performance Tier 1 leverage ratio remained strong at 11.5 ... More >>
Flagstar Announces Fourth Quarter 2015 Earnings Call01/05/16
TROY, Mich., Jan. 5, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its fourth quarter 2015 earnings call, which will be held Tuesday, Jan. 26, 2016, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's fourth quarter 2015 financial results, which will be released at approximately 6:30 a.m. Jan. 26, 2016. To join the call, please dial (877) 780-3381 toll free or (719) 457-2621, and use passcode 4668782. Please call ... More >>
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