Flagstar Bancorp (FBC) Tops Q1 EPS by 18c
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Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share
April 26, 2016 6:30 AM EDTTROY, Mich., April 26, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported first quarter 2016 net income of $39 million, or $0.54 per diluted share, as compared to $33 million in the fourth quarter 2015, or $0.44 per diluted share, and net income of $32 million in the first quarter 2015, or $0.43 per diluted share.
"We had another solid quarter, further validating our business plan and continuing our now five-quarter run of consistent earnings," said Alessandro P. DiNello, president and chief executive officer of Flagstar Bancorp, Inc. "Earnings improved 18... More
