Flagstar Bancorp (FBC) Tops Q3 EPS by $1.65
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Flagstar Bancorp Reports Third Quarter 2020 Net Income of $222 million, or $3.88 Per Diluted Share
October 21, 2020 6:30 AM EDTTROY, Mich., Oct. 21, 2020 /PRNewswire/ --
Key Highlights - Third Quarter 2020
Surpassed record results from second quarter 2020 as all segments posted strong earnings Grew net interest income by $12 million to $180 million Achieved mortgage revenue of $358 million on strong gain on sale margin and volume growth Increased the allowance for credit losses by $30Â million, raising the coverage ratio to 1.7 percent, or 3.1 percent excluding warehouse loans Generated tangible book value growth of 25 percent through the first nine months of 2020Flagstar Bancorp, Inc. (NYSE:... More
