|Flagstar Reports Third Quarter 2015 Net Income of $47 million, or $0.69 per Diluted Share, 10/27/15|
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Earnings increase 2 percent, led by positive operating leverage
Interest-only loan sale further improves balance sheet
Key Q3 Highlights
- Positive operating leverage, led by a 1 percent increase in revenue and a 5 percent drop in expenses versus prior quarter
- Interest-earning assets increased 3 percent from second quarter 2015, driven by loan growth; residential first mortgage loans rose 16 percent
- Interest-only held-for-investmen... More >>|
|Flagstar Bank Signs Naming Rights Agreement For Historic Strand Theatre in Pontiac, Mich., 10/20/15|
|TROY, Mich. Oct. 20, 2015 – Flagstar Bank and Encore Performing Arts Center today announced that Flagstar will be the naming rights partner of the historic
Strand Theatre located at 12 N. Saginaw St., in downtown Pontiac. The venue will be named the Flagstar Strand Theatre for the Performing Arts and is slated
to open in mid-2016. Encore Performing Arts Center, a 501 (c)(3) charitable organization, will direct all theater operations and programming.
The historic theater, which... More >>|
|Flagstar Announces Third Quarter 2015 Earnings Call, 10/01/15|
|TROY, Mich., Oct. 1, 2015 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its third quarter 2015 earnings call, which will be held Tuesday, Oct. 27, 2015, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's third quarter 2015 financial results, which will be released at approximately 6:30 a.m. Oct. 27, 2015.
To join the call, please dial (877) 719-9795 toll free or (719) 325-4751, and use passcode 908089. Please call at least 10 minutes before t... More >>|