Company
Flagstar Bancorp, Inc.
Headquarters: Troy, MI, United States
Founded: Flagstar Bancorp, Inc. - 1993
Employees: 5,395
CEO: Mr. Alessandro P. DiNello
Market Cap
$2.00 Billion
USD as of Nov. 1, 2022
Flagstar Bancorp, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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Sector:
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Detailed Description
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to consumer, commercial, and government customers in the United States. It operates in three segments: Community Banking, Mortgage Originations, and Mortgage Servicing. The Community Banking segment offers various products, such as checking and savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, home builder finance loans, and warehouse lines of credit. It also provides other financial services, including consumer and corporate card services, customized treasury management solutions, merchant services, and capital markets services, such as loan syndications, and investment and insurance products and services. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, and warehouse lending. The Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through mortgage branches, call centers, the Internet, and third-party counterparties. The Mortgage Servicing segment offers services and subservices mortgage and other consumer loans; and services loans for its loans held-for-investment and loans held-for-sale portfolios, as well as noninterest-bearing escrow services. As of December 31, 2021, the company operated 158 full service banking branches; and mortgages through a wholesale network of brokers and correspondents in 50 states, as well as 83 retail locations and 3 call centers in 28 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
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Stocks & Indices
Flagstar Bancorp, Inc. has the following listings and related stock indices.
Stock: NYSE: FBC wb_incandescent
Stock: FSX: FL2P wb_incandescent
Key People
John D. Lewis, Chairman Alessandro Di Nello, President and CEO
Financials
Revenue: US$1.680 Billion (Fiscal Year Ended 31 December 2020)
Operating income: US$704 Million (Fiscal Year Ended 31 December 2020)
Net income: US$538 Million (Fiscal Year Ended 31 December 2020)
Total assets: US$31.038 Billion (Fiscal Year Ended 31 December 2020)
Total equity: US$2.201 Billion (Fiscal Year Ended 31 December 2020)