Flagstar Bancorp (FBC) Raises Quarterly Dividend 20% to $0.06; 0.5% Yield

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Go back to Flagstar Bancorp (FBC) Raises Quarterly Dividend 20% to $0.06; 0.5% Yield

Flagstar Bancorp (FBC) Tops Q4 EPS by 51c

January 21, 2021 6:32 AM EST

Flagstar Bancorp (NYSE: FBC) reported Q4 EPS of $2.83, $0.51 better than the analyst estimate of $2.32.

"It was yet another outstanding quarter, capping off an exceptionally successful year for Flagstar," said Alessandro DiNello, president and chief executive officer of Flagstar Bancorp, Inc. "All of our business segments contributed to produce earnings of $2.83 per share--75 percent of what we earned for the full year of 2019."

"Banking was once again a standout, as net interest income climbed $9 million to $189 million. And once again, our warehouse business led the way, as we continued to grow the low-risk balances... More