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Flagstar Bancorp Inc. (FBC) Posts Q4 Loss of $0.74

January 26, 2011 6:54 AM EST Send to a Friend
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Flagstar Bancorp Inc. (NYSE: FBC) reported Q4 loss of $0.74, $0.60 which may not compare to the analyst estimate of ($0.14). Revenue for the quarter came in at $0 versus the consensus estimate of $48.13 million.

The loss included a loss of $176.5 million related to its sale of non-performing residential loans during the fourth quarter.

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Banks profits
Luis Paredes on 2011-01-26 17:37:01
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All USA bank are in in the same boat, bad loans and slow economy. so this Bank will due very good very soon.

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