Flagstar Bancorp (FBC) Misses Q4 EPS by 1c

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Go back to Flagstar Bancorp (FBC) Misses Q4 EPS by 1c

Flagstar Reports Fourth Quarter 2015 Net Income of $33 million, or $0.44 per Diluted Share

January 26, 2016 6:31 AM EST

TROY, Mich., Jan. 26, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported fourth quarter 2015 net income of $33 million, or $0.44 per diluted share, as compared to $47 million in the third quarter 2015, or $0.69 per diluted share, and net income of $11 million in the fourth quarter 2014, or $0.07 per diluted share. The full year 2015 net income was $158 million, or $2.24 per diluted share, as compared to a full year 2014 net loss of $70 million, or $1.72 loss per diluted share.

"Flagstar had a very good year in 2015, posting the highest level... More