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Flagstar Bancorp (FBC) Company Profile

Updated May 14, 2020
Flagstar Bancorp has the following business profile:
Company's Full Name:Flagstar Bancorp, Inc.
Short Name:Flagstar Bancorp
Trading Ticker Symbol:FBC
Primary Exchange:NYSE
Headquarter City/Country:Michigan, MI
Primary Industry Sector:Finance
Seconday Sub-sector:Savings Institutions
Main Business Areas: Finance, Savings Institutions, Financial Services, Savings & Cooperative Banks
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Flagstar Bancorp stock

Market and Trading Information for Flagstar Bancorp

The following details were available for trading and market data about the stock of Flagstar Bancorp as of writing:
Current Share Price:$24.31
Previous Year's Closing Price:$38.25
Percentage Price Change (YTD):-36.44%
Market Cap:$1.38 billion
52-week Price Range:$16.76 - $40
Dividend Per Share:$0.17
EPS (TTM):3.97
Price-Earnings (Trailing):6.12
Price-Earnings (Forward):6.48

Company Profile and Business Description for Flagstar Bancorp

Flagstar Bancorp, Inc., incorporated on October 28, 1993, is a savings and loan holding company. The Company's business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB (the Bank), a stock savings bank. The Company operates through four segments: Community Banking, Mortgage Originations, Mortgage Servicing, and Other. The Company offers checking accounts, savings accounts, money market accounts, certificates of deposit, other services, consumer loans, commercial loans and warehouse lines of credit. Other financial services available to consumer and commercial customers include lines of credit, revolving credit, customized treasury management solutions, equipment leasing, inventory and accounts receivable.

Community Banking

The Community Banking segment originates loans, provides deposits and fee based services to consumer, business and mortgage lending customers through its Branch Banking, Business and Commercial Banking, Government Banking, Warehouse Lending and Held-for-Investment Portfolio groups. The Commercial and Business Banking group includes relationship managers throughout Michigan's markets. Its portfolio consists of commercial real estate loans, commercial and industrial loans, and warehouse loans. The commercial and industrial held-for-investment loan facilities include lines of credit and term loans to financial service, small and middle market businesses for use in normal business operations to finance working capital needs, owner occupied real estate loans, equipment purchases, and expansion projects. The Company also offers warehouse lines of credit to other mortgage lenders.

Mortgage Originations

The Company, through its Mortgage Originations segment, originates, acquires and sells one- to four-family residential mortgage loans. The Company utilizes production channels to originate or acquire mortgage loans. Funding for the Mortgage Originations segment is provided primarily by deposits and borrowings. As of December 31, 2016, the Company had active broker relationships with 615 banks mortgage brokers located in all 50 states. As of December 31, 2016, the Company had active correspondent relationships with 739 companies located in all 50 states.

Mortgage Servicing

The Mortgage Servicing segment includes services and subservices mortgage loans, on a fee basis, for others. The Mortgage Servicing segment services residential mortgages for its own held-for-investment loan portfolio in the Community Banking segment for which it earns revenue through an intercompany service fee allocation. The segment also service loans for others, which primarily includes servicing Agency loans, wherein the associated mortgage servicing rights (MSRs) are owned by the Bank's Other segment with revenue being earned on a contractual fee basis. The Mortgage Servicing segment subservices loans for others, which primarily includes servicing Agency loans, wherein the associated MSRs are owned by third parties.

5151 Corporate Dr

ETFs Holding Flagstar Bancorp Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Flagstar Bancorp stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Flagstar Bancorp stock holding. There are a total of 70 ETFs in Fknol.com records which are holding Flagstar Bancorp stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
Quarterly
FNCLFidelity MSCI Financials Index ETFThe Fidelity MSCI Financials ETF tracks a market-cap-weighted index of stocks in the broad US financials sector. ...Full Details0.08%377
Full List
Quarterly
IEFNiShares Evolved US Financials ETFThe iShares Evolved U.S. Financials ETF is an actively managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the financial sector, according to an alternative classification system defined by machine learning algorithms. ...Full Details0.18%254
Full List
Annually
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List
Quarterly
IWViShares Russell 3000 ETFThe iShares Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum, including micro-caps. ...Full Details0.2%3002
Full List
Quarterly
MMTMSPDR S&P 1500 Momentum Tilt ETFThe SPDR S&P 1500 Momentum Tilt ETF tracks a tiered index that weights securities from the S&P 1500 according to a combination of their market capitalization and their price momentum over the previous 12 months. ...Full Details0.12%1240
Full List
Quarterly
PWCInvesco Dynamic Market ETFThe Invesco Dynamic Market Portfolio ETF tracks a quant-selected, tier-weighted index covering the entire U.S. equity market. ...Full Details0.6%100
Full List
Quarterly
SCHBSchwab US Broad Market ETFThe Schwab U.S. Broad Market ETF tracks a cap-weighted index of the largest 2,500 stocks in the US. ...Full Details0.03%2365
Full List
Quarterly
SPTMSPDR Portfolio Total Stock Market ETFThe SPDR Portfolio Total Stock Market ETF tracks a propritary index designed to provide exposure to broad US equities, covering the entire market-cap spectrum. ...Full Details0.03%2369
Full List
Quarterly
VFHVanguard Financials ETFThe Vanguard Financials ETF tracks the performance of the MSCI US Investable Market Financials 25/50 Index, which includes the financial stocks of the top 98% of US market by capitalization. ...Full Details0.1%408
Full List
Quarterly

See Full List of ETFs holding Flagstar Bancorp stock in their respective portfolios.

Peer / Competitor Companies of Savings Institutions Sector

Along with Flagstar Bancorp, Inc., the following other peer (competitor) companies also exist within the same Savings Institutions - Finance sector whose company profile and dividend history is as follows:

▶ 1st Constitution Bancorp NJ (FCCY): 1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The compa....See Detailed Company Profile,  Dividend History

▶ Bancorp 34 (BCTF): Bancorp 34, Inc. operates as the holding company for Bank 34 that offers various banking services to individuals and businesses in the United States. It accepts various deposit products, such as savin....See Detailed Company Profile,  Dividend History

▶ BankFinancial (BFIN): BankFinancial Corporation, incorporated on September 23, 2004, is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the ....See Detailed Company Profile,  Dividend History

▶ BankUnited (BKU): BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate ....See Detailed Company Profile,  Dividend History

▶ BCB Bancorp NJ (BCBP): BCB Bancorp, Inc. operates as the holding company for BCB Community Bank, a state chartered commercial bank that provides banking products and services to businesses and individuals in the United Stat....See Detailed Company Profile,  Dividend History

▶ Broadway Financial (BYFC): Broadway Financial Corporation, incorporated on October 25, 1995, is a savings and loan holding company. The Company is engaged in the savings and loan business through its subsidiary, Broadway Federal ....See Detailed Company Profile,  Dividend History

▶ Brookline Bancorp (BRKL): Brookline Bancorp, Inc., incorporated on April 11, 2002, operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank ....See Detailed Company Profile,  Dividend History

▶ Capitol Federal Financial (CFFN): Capitol Federal Financial, Inc., incorporated on April 28, 2010, is the savings and loan holding company. The Company provides a range of retail banking services, through its subsidiary, Capitol Federal ....See Detailed Company Profile,  Dividend History

▶ Carver Bancorp (CARV): Carver Bancorp, Inc. operates as a holding company for Carver Federal Savings Bank, a federally chartered savings bank that provides consumer and commercial banking services for consumers, businesses,....See Detailed Company Profile,  Dividend History

▶ Central Federal (CFBK): Central Federal Corporation operates as the bank holding company for CFBank that provides various financial services in the United States. The company accepts savings, retail and business checking, an....See Detailed Company Profile,  Dividend History

▶ Citizens Community Bancorp (CZWI): Citizens Community Bancorp, Inc., incorporated on June 27, 2006, is a bank holding company of Citizens Community Federal N.A. (the Bank). The Company is engaged in consumer, commercial and agricultural ....See Detailed Company Profile,  Dividend History

▶ Codorus Valley Bancorp (CVLY): Codorus Valley Bancorp, Inc., incorporated on October 7, 1986, is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company ....See Detailed Company Profile,  Dividend History

▶ Dime Community Bancshares (DCOM): Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York. It offers deposit products, such as savings....See Detailed Company Profile,  Dividend History

▶ Equitable Financial (EQFN): Equitable Financial Corp. operates as the holding company for Equitable Bank that provides various banking products and services in Nebraska, the United States. It offers deposit products, including c....See Detailed Company Profile,  Dividend History

▶ ETRADE Financial (ETFC): E*Trade Financial Corporation, incorporated on September 4, 2003, is a financial services company. The Company provides online brokerage and related products and services primarily to individual retail investors under the ....See Detailed Company Profile,  Dividend History

▶ EverBank Financial (EVER): EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company's online marketplace offers consumers shopping for auto, home, and life insurance quotes. It ser....See Detailed Company Profile,  Dividend History

▶ First Capital (FCAP): First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers a range of deposit ins....See Detailed Company Profile,  Dividend History

▶ First Defiance Financial (FDEF): First Defiance Financial Corp., incorporated on June 7, 1995, is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. ....See Detailed Company Profile,  Dividend History

▶ First Guaranty Bancshares (FGBI): First Guaranty Bancshares, Inc., incorporated on November 6, 2003, is a bank holding company. The Company operates through its owned subsidiary, First Guaranty Bank (the Bank). The Bank offers personalized ....See Detailed Company Profile,  Dividend History

▶ First Savings Financial (FSFG): First Savings Financial Group, Inc. operates as the holding company for First Savings Bank that provides various banking products and services to consumers and businesses in southern Indiana. The comp....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Savings Institutions Sector.

Stock List of Other Finance Sub-sectors

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