Flagstar Bancorp, Inc. (NYSE:FBC) provider of financial products and services, is expected to report second quarter earnings results, before market open, on Tuesday 28th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.32 per share.
Looking ahead, the full year income are expected at $ 4.23 per share on the revenues of $ 585.99 million.
Previous Quarter Performance
Flagstar Bancorp, Inc. communicated income for the first quarter of $ 0.80 per share, from the revenue of $ 148.00 million. The quarterly earnings lowered 39.29 percent while revenues compared with the same quarter last year.
According to street consensus, FBC was expected to report 1Q20 income of $ 0.77 per share from revenue of $ 140.84 million. The bottom line results beat street analysts by $ 0.03 or 3.90 percent, at the same time, top line results outshined analysts by $ 7.16 million or 5.08 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Flagstar Bancorp, Inc.
Stock Performance
According to the previous trading day, closing price of FBC was $ 28.82, representing a 71.96 % increase from the 52 week low of $ 16.76 and a 27.95 % decrease over the 52 week high of $ 40.00.
The company has a market capital of $ 1.63 billion and is part of the Financial Services sector and Savings & Cooperative Banks industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.05 per share on April 28, 2020. The dividend were payable on June 15, 2020 to holders of record as of the close of business on June 1, 2020 and ex-dividend date on May 29, 2020.
Conference Call
Flagstar Bancorp, Inc. will be hosting a conference call at 11:00 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.flagstar.com
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit.
