Flagstar Bancorp (FBC) Reports In-Line Q4 EPS

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

Go back to Flagstar Bancorp (FBC) Reports In-Line Q4 EPS

Flagstar Reports Fourth Quarter 2018 Net Income of $54 million, or $0.93 Per Diluted Share

January 22, 2019 6:30 AM EST

TROY, Mich., Jan. 22, 2019 /PRNewswire/ --

Key Highlights - Fourth Quarter 2018

Completed Wells Fargo branch acquisition, providing low-cost, stable liquidity for continued banking growth. Results include a $29 million pre-tax benefit for hedging gains recognized in conjunction with the acquisition and $14 million of pre-tax acquisition-related expenses. Excluding the acquisition-related benefit and expenses, adjusted net income was $42 million, or $0.72 per diluted share, an increase of 20 percent from adjusted fourth quarter 2017 net income. Strong capital position with total risk-based capital ratio at 13.6 percent. Pristine asset quality with minimal net... More