Flagstar Bancorp (FBC) Tops Q1 EPS by 30c
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Flagstar Reports First Quarter 2015 Net Income of $31.5 million, or $0.43 per Diluted Share
April 28, 2015 6:30 AM EDTTROY, Mich., April 28, 2015 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) ("the Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today reported first quarter 2015 net income of $31.5 million, or $0.43 per diluted share, as compared to $11.1 million in the fourth quarter 2014, or $0.07 per diluted share and a net loss of $78.9 million in the first quarter 2014, or $1.51 loss per share.
"Our first quarter results reflect our significant efforts to strengthen our core business and improve financial performance," said Alessandro P. DiNello, president and chief executive officer of Flagstar Bancorp. "Mortgage volumes... More
