Flagstar Bancorp (FBC) Tops Q2 EPS by 10c

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Flagstar Bancorp (FBC) PT Raised to $35 at FBR Capital Following 2Q Beat

July 26, 2017 7:56 AM EDT

FBR Capital raised its price target on Flagstar Bancorp (NYSE: FBC) to $35.00 (from $32.00) while maintaining a Outperform rating following the 2Q. FBC reported 2Q EPS of $0.71, ahead of the Street's expectations for $0.61. The beat was largely due to stronger NII as NIM increased 10 bps QOQ to... More