Daily Stock Analysis, FBC, Flagstar Bancorp Inc, priceseries

Flagstar Bancorp Inc. Daily Stock Analysis
Stock Information
Open
32.29
Close
32.56
High
32.86
Low
32.29
Previous Close
32.55
Daily Price Gain
0.01
YTD High
32.86
YTD High Date
Feb 21, 2019
YTD Low
25.88
YTD Low Date
Jan 2, 2019
YTD Price Change
5.71
YTD Gain
21.27%
52 Week High
38.00
52 Week High Date
Jun 7, 2018
52 Week Low
25.30
52 Week Low Date
Dec 26, 2018
52 Week Price Change
-2.78
52 Week Gain
-7.87%
Company Information
Stock Symbol
FBC
Exchange
NYSE
Company URL
http://www.flagstar.com
Company Phone
248-312-2000
CEO
Alessandro P. DiNello
Headquarters
Michigan
Business Address
5151 CORPORATE DRIVE, TROY, MI 48098-2639
Sector
Equity
Industry Category
Banking
Industry Group
Savings & Loans
CIK
0001033012
About

Flagstar Bancorp, Inc. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Mortgage Originations, Mortgage Servicing, Community Banking, and Other. The Mortgage Originations segment acquires and markets residential mortgage loans. The Mortgage Servicing segment offers financing solutions to properties held-for-investment. The Community Banking segment offers loans, deposits, checking and savings accounts, consumer and commercial loans, treasury management, equipment leasing, and capital markets services. The Other segment consists of interest rate risk management, investment securities portfolios, balance sheet funding, treasury and corporate assets, and equities. The company was founded in 1993 and is headquartered in Troy, MI.

Description

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, home builder finance loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services comprising interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment (HFI) portfolio groups. The company's Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan and, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. Its Mortgage Servicing segment offers services and subservices mortgage loans; and residential mortgages HFI and mortgage servicing rights, as well as noninterest-bearing escrow services. At December 31, 2016, the company operated a regional office in Jackson, Michigan; and 99 full services banking branches in Michigan, as well as leased 31 retail offices located in 19 states, 4 wholesale lending offices, and 3 commercial lending offices. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.