This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsFlagstar Bancorp（FL2P）株式概要As of December 1, 2022, Flagstar Bancorp, Inc. 詳細FL2P ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長1/6過去の実績2/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より56.3%で取引されている 収益は年間0%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析過去3か月間に大規模なインサイダー売却が発生 利益率(19.5%)は昨年より低い(29.8%) すべてのリスクチェックを見るFL2P Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€35.60該当なし内在価値ディスカウントEst. Revenue$PastFuture03b2016201920222025202620282031Revenue US$3.2bEarnings US$614.8mAdvancedSet Fair ValueView all narrativesFlagstar Bancorp, Inc. 競合他社ProCredit HoldingSymbol: XTRA:PCZMarket cap: €475.9mUmweltBankSymbol: XTRA:UBKMarket cap: €162.7mCommerzbankSymbol: XTRA:CBKMarket cap: €39.2bMerkur PrivatBank KgaASymbol: XTRA:MBKMarket cap: €109.7m価格と性能株価の高値、安値、推移の概要Flagstar Bancorp過去の株価現在の株価€35.6052週高値€45.6052週安値€31.40ベータ1.471ヶ月の変化-5.82%3ヶ月変化-6.81%1年変化-14.83%3年間の変化5.33%5年間の変化15.42%IPOからの変化47.29%最新ニュースお知らせ • Dec 02+ 1 more updateNew York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC).New York Community Bancorp, Inc. (NYSE:NYCB) made a non-binding proposal to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion on March 8, 2021. New York Community Bancorp, Inc. entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. on April 24, 2021. Under terms of the agreement, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own, representing an implied total transaction value of approximately $2.6 billion. Following completion of the transaction, the New York Community shareholders are expected to collectively represent approximately 68% of the combined company while the Flagstar shareholders are expected to represent approximately 32%. New York Community Bancorp. and Flagstar Bancorp will combine with Flagstar will merging with and into New York Community, with New York Community continuing as the surviving entity. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. The new company will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. In case of termination of the transaction, New York Community Bancorp or Flagstar may be required to pay a termination fee to the other equal to $90 million. Thomas R. Cangemi of NYCB will be President and Chief Executive Officer of the combined company and Alessandro (Sandro) P. DiNello, FCB's current President and Chief Executive Officer, will become Non- Executive Chairman with John Pinto of NYCB serving as Senior Executive Vice President and Chief Financial Officer of the combined company. Hanif Wally Dahya of NYCB will be the lead independent Director. Lee M. Smith of FBC will continue to lead the mortgage division as Senior Executive Vice President and President of Mortgage and Reginald Davis of FBC will head up consumer and commercial banking and serve as Senior Executive Vice President and President of Banking. Reggie Davis will continue as president of Banking, Nick Munson, who is the Chief Risk Officer(CRO) of NYCB, will be the CRO and Steve Figliuolo will retire, but stay on for a year to help transition our risk and compliance programs to Nick’s oversight. The remaining key roles will combine the best talent from both companies. The Board of Directors will be comprised of 12 directors with eight from New York Community and four from Flagstar. Paul D. Borja, who currently serves as Flagstar’s Interim General Counsel, will also join New York Community, serving as First Senior Vice President and Deputy General Counsel. Robert Wann, Senior Executive Vice President and Chief Operating Officer of NYCB will no longer serve in this capacity on close of the transaction but will remain on the Board of Directors. Barbara Tosi-Renna will serve as Senior Executive Vice President and Director of Operations of NYCB. Other management of NYCB will include: John Adams - Director of Indirect Multi-Family Lending; Meagan Belfinger – Chief Audit Executive; Jennifer Charters – Chief Information Officer; Beth Correa – Director of Corporate Responsibility; Salvatore DiMartino – Director of Investor Relations; David W. Hollis – Chief Human Resources Officer; Nicholas Munson – Chief Risk Officer; and R. Patrick Quinn – General Counsel and Corporate Secretary. Andrew Kaplan will move to Chief Digital & Banking role as a Service Officer and Eric Kracov will transition to role of Executive Vice President and Deputy General Counsel in charge of Litigation and Employee Matters. The transaction is subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals including approvals from the New York State Department of Financial Services, the Federal Deposit Insurance Corp. and the Federal Reserve, authorization for listing on the NYSE of the consideration shares to be issued, effectiveness of the registration statement and the requisite approval by the shareholders of each company. The agreement was unanimously approved by the Boards of Directors of both New York Community Bancorp and Flagstar Bancorp. As of April 27, 2022, the Company and Flagstar agreed to amend the Merger Agreement (the “First Amendment”). Under the First Amendment, the Company and Flagstar agreed to extend the Merger Agreement termination date to October 31, 2022. As of August 4, 2021, the transaction was approved by the shareholders of New York Community Bancorp and Flagstar. As of October 11, 2022, the registration statement was declared effective with respect to the transaction. As of October 27, 2022, the parties have mutually agreed to extend their merger agreement from October 31, 2022, to December 31, 2022. As of October 27, 2022, Flagstar and NYCB received the requisite approval of the Office of the Comptroller of the Currency (the "OCC") to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to merge New York Community Bank into Flagstar Bank, N.A. with Flagstar Bank, N.A. being the surviving entity. The transaction is expected to close by the end of 2021. As of August 4, 2021, the transaction is expected to close during the fourth quarter of 2021. As of October 27, 2021, it is anticipated that regulatory approval will be not received in time before the end of 2021 to close the merger during the fourth quarter of 2021, hence the transaction is anticipated to close as soon in 2022. On November 4, 2022, New York Community Bancorp received regulatory approval from the Board of Governors of the Federal Reserve System. As of November 7, 2022, the transaction is expected to close on December 1, 2022. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022 (assuming fully phased- in cost savings) and is also expected to be immediately 3.5% accretive to NYCB's tangible book value per share. Piper Sandler & Co. and Goldman Sachs & Co. LLC served as financial advisors and fairness opinion providers to NYCB. H. Rodgin Cohen, Mark J. Menting, Jared M. Fishman, Matthew M. Friestedt, Ronald E. Creamer Jr. and Mehdi Ansari of Sullivan & Cromwell LLP served as legal advisor to NYCB. Morgan Stanley & Co. LLC and Jefferies LLC acted as financial advisors and fairness opinion provider to Flagstar. Sven Mickisch, David Clark, Brian Christiansen, Anand Raman, Joseph Penko, Steven Matays and Michael Zeidel of Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors to Flagstar. Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal due diligence advisor to Flagstar. Philip Richter and Roy Tannenbaum of Fried Frank acted as counsel to Goldman Sachs. NYCB will pay a fee of $13 million to Piper Sandler for its services and will also pay $3 million upon rendering Piper Sandler opinion, which opinion fee will be credited in full towards the advisory fee which will become payable to Piper Sandler upon closing of the merger. NYCB will pay a fee of $13 million to Goldman Sachs, $3 million of which became payable upon the execution of the merger agreement, and the remainder of which is payable contingent upon completion of the proposed merger. Flagstar has agreed to pay Morgan Stanley a fee of $18.2 million in the aggregate, $1 million of which was payable upon the rendering of its opinion. Flagstar will pay Jefferies a fee of approximately $8 million, of which a portion was payable upon delivery of Jefferies’ opinion to the Flagstar board of directors and approximately $7 million is payable contingent upon consummation of the merger. Equiniti (US) Services LLC acted as the information agent to New York Community Bancorp and Flagstar for a fee of $8,000 each. New York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC) on December 1, 2022 .In connection with the closing of the acquisition, NYCB’s Board of Directors appointed six new directors, five of whom are former directors of Flagstar. In addition to the new Board members, the Company also formally named its new Executive Leadership teamお知らせ • Dec 01+ 6 more updatesFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI IndexFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI IndexRecent Insider Transactions • Nov 16Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.Recent Insider Transactions • Nov 11Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to €38.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Mortgage industry in Europe. Total returns to shareholders of 20% over the past three years.お知らせ • Oct 29Flagstar Bancorp, Inc. Declares Special Dividend on Its Common Stock, Payable on November 17, 2022Flagstar Bancorp, Inc. announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022.最新情報をもっと見るRecent updatesお知らせ • Dec 02+ 1 more updateNew York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC).New York Community Bancorp, Inc. (NYSE:NYCB) made a non-binding proposal to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion on March 8, 2021. New York Community Bancorp, Inc. entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. on April 24, 2021. Under terms of the agreement, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own, representing an implied total transaction value of approximately $2.6 billion. Following completion of the transaction, the New York Community shareholders are expected to collectively represent approximately 68% of the combined company while the Flagstar shareholders are expected to represent approximately 32%. New York Community Bancorp. and Flagstar Bancorp will combine with Flagstar will merging with and into New York Community, with New York Community continuing as the surviving entity. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. The new company will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. In case of termination of the transaction, New York Community Bancorp or Flagstar may be required to pay a termination fee to the other equal to $90 million. Thomas R. Cangemi of NYCB will be President and Chief Executive Officer of the combined company and Alessandro (Sandro) P. DiNello, FCB's current President and Chief Executive Officer, will become Non- Executive Chairman with John Pinto of NYCB serving as Senior Executive Vice President and Chief Financial Officer of the combined company. Hanif Wally Dahya of NYCB will be the lead independent Director. Lee M. Smith of FBC will continue to lead the mortgage division as Senior Executive Vice President and President of Mortgage and Reginald Davis of FBC will head up consumer and commercial banking and serve as Senior Executive Vice President and President of Banking. Reggie Davis will continue as president of Banking, Nick Munson, who is the Chief Risk Officer(CRO) of NYCB, will be the CRO and Steve Figliuolo will retire, but stay on for a year to help transition our risk and compliance programs to Nick’s oversight. The remaining key roles will combine the best talent from both companies. The Board of Directors will be comprised of 12 directors with eight from New York Community and four from Flagstar. Paul D. Borja, who currently serves as Flagstar’s Interim General Counsel, will also join New York Community, serving as First Senior Vice President and Deputy General Counsel. Robert Wann, Senior Executive Vice President and Chief Operating Officer of NYCB will no longer serve in this capacity on close of the transaction but will remain on the Board of Directors. Barbara Tosi-Renna will serve as Senior Executive Vice President and Director of Operations of NYCB. Other management of NYCB will include: John Adams - Director of Indirect Multi-Family Lending; Meagan Belfinger – Chief Audit Executive; Jennifer Charters – Chief Information Officer; Beth Correa – Director of Corporate Responsibility; Salvatore DiMartino – Director of Investor Relations; David W. Hollis – Chief Human Resources Officer; Nicholas Munson – Chief Risk Officer; and R. Patrick Quinn – General Counsel and Corporate Secretary. Andrew Kaplan will move to Chief Digital & Banking role as a Service Officer and Eric Kracov will transition to role of Executive Vice President and Deputy General Counsel in charge of Litigation and Employee Matters. The transaction is subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals including approvals from the New York State Department of Financial Services, the Federal Deposit Insurance Corp. and the Federal Reserve, authorization for listing on the NYSE of the consideration shares to be issued, effectiveness of the registration statement and the requisite approval by the shareholders of each company. The agreement was unanimously approved by the Boards of Directors of both New York Community Bancorp and Flagstar Bancorp. As of April 27, 2022, the Company and Flagstar agreed to amend the Merger Agreement (the “First Amendment”). Under the First Amendment, the Company and Flagstar agreed to extend the Merger Agreement termination date to October 31, 2022. As of August 4, 2021, the transaction was approved by the shareholders of New York Community Bancorp and Flagstar. As of October 11, 2022, the registration statement was declared effective with respect to the transaction. As of October 27, 2022, the parties have mutually agreed to extend their merger agreement from October 31, 2022, to December 31, 2022. As of October 27, 2022, Flagstar and NYCB received the requisite approval of the Office of the Comptroller of the Currency (the "OCC") to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to merge New York Community Bank into Flagstar Bank, N.A. with Flagstar Bank, N.A. being the surviving entity. The transaction is expected to close by the end of 2021. As of August 4, 2021, the transaction is expected to close during the fourth quarter of 2021. As of October 27, 2021, it is anticipated that regulatory approval will be not received in time before the end of 2021 to close the merger during the fourth quarter of 2021, hence the transaction is anticipated to close as soon in 2022. On November 4, 2022, New York Community Bancorp received regulatory approval from the Board of Governors of the Federal Reserve System. As of November 7, 2022, the transaction is expected to close on December 1, 2022. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022 (assuming fully phased- in cost savings) and is also expected to be immediately 3.5% accretive to NYCB's tangible book value per share. Piper Sandler & Co. and Goldman Sachs & Co. LLC served as financial advisors and fairness opinion providers to NYCB. H. Rodgin Cohen, Mark J. Menting, Jared M. Fishman, Matthew M. Friestedt, Ronald E. Creamer Jr. and Mehdi Ansari of Sullivan & Cromwell LLP served as legal advisor to NYCB. Morgan Stanley & Co. LLC and Jefferies LLC acted as financial advisors and fairness opinion provider to Flagstar. Sven Mickisch, David Clark, Brian Christiansen, Anand Raman, Joseph Penko, Steven Matays and Michael Zeidel of Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors to Flagstar. Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal due diligence advisor to Flagstar. Philip Richter and Roy Tannenbaum of Fried Frank acted as counsel to Goldman Sachs. NYCB will pay a fee of $13 million to Piper Sandler for its services and will also pay $3 million upon rendering Piper Sandler opinion, which opinion fee will be credited in full towards the advisory fee which will become payable to Piper Sandler upon closing of the merger. NYCB will pay a fee of $13 million to Goldman Sachs, $3 million of which became payable upon the execution of the merger agreement, and the remainder of which is payable contingent upon completion of the proposed merger. Flagstar has agreed to pay Morgan Stanley a fee of $18.2 million in the aggregate, $1 million of which was payable upon the rendering of its opinion. Flagstar will pay Jefferies a fee of approximately $8 million, of which a portion was payable upon delivery of Jefferies’ opinion to the Flagstar board of directors and approximately $7 million is payable contingent upon consummation of the merger. Equiniti (US) Services LLC acted as the information agent to New York Community Bancorp and Flagstar for a fee of $8,000 each. New York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC) on December 1, 2022 .In connection with the closing of the acquisition, NYCB’s Board of Directors appointed six new directors, five of whom are former directors of Flagstar. In addition to the new Board members, the Company also formally named its new Executive Leadership teamお知らせ • Dec 01+ 6 more updatesFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI IndexFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI IndexRecent Insider Transactions • Nov 16Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.Recent Insider Transactions • Nov 11Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to €38.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Mortgage industry in Europe. Total returns to shareholders of 20% over the past three years.お知らせ • Oct 29Flagstar Bancorp, Inc. Declares Special Dividend on Its Common Stock, Payable on November 17, 2022Flagstar Bancorp, Inc. announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$1.37 (vs US$2.88 in 3Q 2021)Third quarter 2022 results: EPS: US$1.37 (down from US$2.88 in 3Q 2021). Revenue: US$328.0m (down 32% from 3Q 2021). Net income: US$73.0m (down 52% from 3Q 2021). Profit margin: 22% (down from 31% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Mortgage industry in Europe are expected to grow by 7.0%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 27Flagstar Bancorp Declares Quarterly Dividend, Payable November 17, 2022Flagstar Bancorp, Inc. announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable November 17, 2022, to shareholders of record at the close of business November 7, 2022.お知らせ • Oct 19Flagstar Bancorp, Inc. Appoints Kirby Brendsel as ESG & Sustainability DirectorFlagstar Bancorp, Inc. has announced the addition of Kirby Brendsel as Flagstar's ESG and Sustainability director. In this newly created role, Brendsel will lead a team to oversee the growth and development of Flagstar's ESG and sustainability efforts focused on people, planet and performance. Brendsel brings nearly two decades of ESG experience, including a background in foundation leadership, sustainability, and diversity, equity and inclusion. Most recently he was with Welltower, Inc., and earlier in his career, with Nuveen and Starwood Hotels and Resorts. He discovered his passion for serving others while on active duty with the U.S. Army and continues that passion through service on the conservation commission in his hometown of Weston, Connecticut, and prior to that, on the sustainability committee, where he helped bring solar energy and a sustainable CT certification to the community. In the months ahead, Brendsel plans to implement a detailed ESG plan that focuses on all of Flagstar's stakeholders, including employees, customers and the communities Flagstar serves. This will involve assessing and augmenting current ESG data, establishing integrated ESG goals, identifying and addressing gaps and policy updates, as well as increasing stakeholder engagement and disclosure. In his short time at the bank, Brendsel has already made a difference with new initiatives such as launching a new Green Team employee resource group, leading Flagstar's efforts to become an Energy Star Partner and attaining green building certifications.Upcoming Dividend • Jul 29Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 05 August 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 3.6% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.6%).Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$1.13 (vs US$2.79 in 2Q 2021)Second quarter 2022 results: EPS: US$1.13 (down from US$2.79 in 2Q 2021). Revenue: US$333.0m (down 31% from 2Q 2021). Net income: US$60.0m (down 59% from 2Q 2021). Profit margin: 18% (down from 31% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 47% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 28Flagstar Bancorp, Inc. Reports Net Charge Off for the Second Quarter Ended June 30, 2022Flagstar Bancorp, Inc. reported net charge off for the second quarter ended June 30, 2022. For the quarter, the company reported net charge off of $1 million against $1 million a year ago.お知らせ • Jul 22Flagstar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 18, 2022Flagstar Bancorp, Inc. announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable August 18, 2022, to shareholders of record at the close of business August 8, 2022.Recent Insider Transactions • May 28Independent Director recently bought €475k worth of stockOn the 27th of May, Peter Schoels bought around 14k shares on-market at roughly €35.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €775k more in shares than they have sold in the last 12 months.お知らせ • May 06Flagstar Bancorp, Inc. Appoints Mark Herron as Chief Brand OfficerFlagstar Bancorp, Inc. announced it has hired Mark Herron as chief brand officer for the company. His responsibilities at Flagstar include marketing strategies, sales, branding, technology transformation, data analytics, marketing automation and change management. Additionally, he has oversight of client experience and internal communications. Herron brings to Flagstar over 25 years of success in leading organizations to improved performance through client satisfaction, strategic alliances and product and operational innovation. He most recently served as executive vice president and chief marketing officer for People's United Bank in Bridgeport, Conn., where he was responsible for marketing and digital initiatives and supported all commercial, retail and wealth lines of business. Previously, he held various senior positions in marketing and sales for BB&T in Winston-Salem, N.C. He also served as president and chief executive officer of RBW Marketing in Raleigh, N.C.Recent Insider Transactions • Apr 30Executive VP & CFO recently bought €174k worth of stockOn the 28th of April, James Ciroli bought around 5k shares on-market at roughly €34.71 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of €379k worth in shares.Upcoming Dividend • Apr 29Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 19 May 2022. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (4.9%).Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: US$0.99 (vs US$2.83 in 1Q 2021)First quarter 2022 results: EPS: US$0.99 (down from US$2.83 in 1Q 2021). Revenue: US$329.0m (down 39% from 1Q 2021). Net income: US$53.0m (down 64% from 1Q 2021). Profit margin: 16% (down from 28% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 58% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 22Jim Linnane Joins Flagstar Bank as Head of Distributed Retail Mortgage DivisionFlagstar Bank named Jim Linnane president of Flagstar's distributed retail mortgage division. In this role, he is responsible for strategy, profitability, sales, growth, recruitment and operations of Flagstar's distributed retail mortgage business. His experience in the business is broad and deep, including mortgage origination, marketing, underwriting, construction lending, home equity products and wholesale financing. Prior to Flagstar, Linnane served as retail president for Stearns Lending. Earlier in his career, he was director of national sales at Guaranteed Rate. He started in the business at Wells Fargo, where he spent 15 years, ultimately leading 2,000 loan officers to $30 billion of production volume in the Midwest and Northeast.お知らせ • Apr 21Flagstar Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on May 19, 2022Flagstar Bancorp, Inc. announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable May 19, 2022, to shareholders of record at the close of business May 9, 2022.Recent Insider Transactions • Feb 15Director recently sold €96k worth of stockOn the 10th of February, Toan Huynh sold around 2k shares on-market at roughly €39.57 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €109k more than they sold in the last 12 months.Recent Insider Transactions • Jan 28Executive VP & CFO recently bought €205k worth of stockOn the 27th of January, James Ciroli bought around 5k shares on-market at roughly €41.06 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$10.10 (up from US$9.59 in FY 2020). Revenue: US$1.90b (up 2.3% from FY 2020). Net income: US$533.0m (flat on FY 2020). Profit margin: 28% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 63% compared to a 14% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jan 28Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 04 February 2022. Payment date: 17 February 2022. Payout ratio is a comfortable 2.4% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.5%).Upcoming Dividend • Oct 28Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 04 November 2021. Payment date: 16 November 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.2%).Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS US$2.87 (vs US$3.89 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$484.0m (down 19% from 3Q 2020). Net income: US$152.0m (down 32% from 3Q 2020). Profit margin: 31% (down from 37% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 24Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 15 September 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.3%).Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$2.79 (vs US$2.04 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$479.0m (up 7.9% from 2Q 2020). Net income: US$147.0m (up 27% from 2Q 2020). Profit margin: 31% (up from 26% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Executive Departure • Jun 04Director David Matlin has left the companyOn the 25th of May, David Matlin's tenure as Director ended after 12.3 years in the role. As of March 2021, David still personally held 2.87k shares (€110k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.58 years.Upcoming Dividend • May 21Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 15 June 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.8%).お知らせ • Apr 27+ 1 more updateNew York Community Bancorp, Inc. (NYSE:NYCB) entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion.New York Community Bancorp, Inc. (NYSE:NYCB) entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion on April 24, 2021. Under terms of the agreement, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own, representing an implied total transaction value of approximately $2.6 billion. Following completion of the transaction, the New York Community shareholders are expected to collectively represent approximately 68% of the combined company while the Flagstar shareholders are expected to represent approximately 32%. New York Community Bancorp. and Flagstar Bancorp will combine with Flagstar will merging with and into New York Community, with New York Community continuing as the surviving entity. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. Thomas R. Cangemi of NYCB will be President and Chief Executive Officer of the combined company and Alessandro (Sandro) P. DiNello, FCB's current President and Chief Executive Officer, will become Non- Executive Chairman with John Pinto of NYCB serving as Senior Executive Vice President and Chief Financial Officer of the combined company. Hanif Wally Dahya of NYCB will be the lead independent Director. Lee M. Smith of FBC will continue to lead the mortgage division as Senior Executive Vice President and President of Mortgage and Reginald Davis of FBC will head up consumer and commercial banking and serve as Senior Executive Vice President and President of Banking. The remaining key roles will combine the best talent from both companies. The Board of Directors will be comprised of 12 directors with eight from New York Community and four from Flagstar. The new company will have over $87 billion in assets and operate nearly 400 traditional branches in nine states and 87 loan production offices across a 28-state footprint. It will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. The transaction is subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals and the requisite approval by the shareholders of each company. The agreement was unanimously approved by the Boards of Directors of both New York Community Bancorp and Flagstar Bancorp. The transaction is expected to close by the end of 2021. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022 (assuming fully phased- in cost savings) and is also expected to be immediately 3.5% accretive to NYCB's tangible book value per share. Piper Sandler & Co. and Goldman Sachs & Co. LLC served as financial advisors while Sullivan & Cromwell LLP served as legal advisor to New York Community. Morgan Stanley & Co. LLC and Jefferies LLC acted as financial advisors while Flagstar. Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Flagstar.Is New 90 Day High Low • Mar 11New 90-day high: €38.60The company is up 29% from its price of €30.00 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €97.04 per share.Reported Earnings • Mar 02Full year 2020 earnings released: EPS US$9.59 (vs US$3.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.86b (up 65% from FY 2019). Net income: US$538.0m (up 147% from FY 2019). Profit margin: 29% (up from 19% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.80% (down from 3.05% in FY 2019). Cost-to-income ratio: 57.6% (down from 75.8% in FY 2019). Non-performing loans: 0.40% (up from 0.26% in FY 2019). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 19Upcoming Dividend of US$0.06 Per ShareWill be paid on the 15th of March to those who are registered shareholders by the 26th of February. The trailing yield of 0.5% is below the top quartile of German dividend payers (3.4%), and is lower than industry peers (4.4%).Recent Insider Transactions • Jan 27Insider recently bought €78k worth of stockOn the 26th of January, Karen Buck bought around 2k shares on-market at roughly €38.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €259k more in shares than they have sold in the last 12 months.Reported Earnings • Jan 23Full year 2020 earnings released: EPS US$9.59The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.86b (up 65% from FY 2019). Net income: US$538.0m (up 147% from FY 2019). Profit margin: 29% (up from 19% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 22David J. Matlin Intends Not to Stand for Re-Election At Flagstar Bancorp, Inc.'S 2021 Annual Meeting of ShareholdersOn January 19, 2021, David J. Matlin informed the Board of Directors of Flagstar Bancorp, Inc. of his decision not to stand for re-election at the Company's 2021 Annual Meeting of Shareholders, expected to be held on May 25, 2021. Accordingly, Mr. Matlin's term as a director will end when his current term expires at the conclusion of the Annual Meeting.Is New 90 Day High Low • Jan 09New 90-day high: €34.20The company is up 26% from its price of €27.20 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €86.75 per share.お知らせ • Jan 09Flagstar Bancorp, Inc. Appoints Karen Buck as Executive Vice President and Head of OperationsFlagstar Bancorp, Inc. has announced Karen Buck has joined the firm as executive vice president and head of operations. In this role, she is responsible for the Customer Engagement Center, retail and commercial operations, banking operations, and business risk and internal controls.お知らせ • Jan 07Flagstar Bancorp, Inc. to Report Q4, 2020 Results on Jan 21, 2021Flagstar Bancorp, Inc. announced that they will report Q4, 2020 results at 6:30 AM, Eastern Standard Time on Jan 21, 2021Is New 90 Day High Low • Dec 23New 90-day high: €32.20The company is up 34% from its price of €24.00 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €111 per share.お知らせ • Dec 23Flagstar Bancorp, Inc. Names Toan Huynh and Lori Jordan to Board of DirectorsFlagstar Bancorp announced the appointment of Toan Huynh and Lori Jordan to its board of directors, keeping a promise made in July to further diversify its board by adding women of color. Both will also serve on the board of Flagstar Bank, the wholly owned subsidiary of the corporation. Huynh is an independent director of Bankers Financial Corporation and a seasoned cloud and digital leader with over 20 years' experience in various industries designing and implementing digital transformation programs. Jordan is currently with Amazon.com, Inc., where she is strategic product leader for the Amazon Flex Last Mile and Last Mile organizations. In her role at Bankers Financial, Huynh chairs the compensation committee and is a member of the audit, compliance, and executive committee, and the enterprise risk committee. She is an active investor and advisor to high-growth technology and software-as-a-service companies. Previously, she served as entrepreneur-in-residence at Citi Ventures and as the U.S.-based partner of Information Venture Partners, where she helped spearhead investments in financial services technologies, including fintechs, banking-as-a-service, and payments. She also was an independent director for Phillips Edison, Inc., III, serving as a member of the audit and compliance committee. She is a long-time supporter of women in technology, venture investing, and finance. During her career of more than 25 years, Jordan spent seven years at Microsoft Corporation, ultimately serving as director of strategy and business development for the Azure core platform, machine learning, and artificial intelligence. She also launched two early stage venture funds, held key positions with companies engaged in eCommerce, co-founded a boutique merger and acquisition advisory firm, led product planning and marketing for a $3 billion-company, and articulated and executed on strategic visions for numerous companies. Along the way, she built a reputation as a results-oriented leader, strategist, and advisor with an impressive track record of success.Is New 90 Day High Low • Dec 08New 90-day high: €30.40The company is up 17% from its price of €26.00 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Mortgage industry, which is also up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €94.05 per share.Upcoming Dividend • Nov 24Upcoming Dividend of US$0.05 Per ShareWill be paid on the 15th of December to those who are registered shareholders by the 30th of November. The trailing yield of 0.6% is below the top quartile of German dividend payers (3.6%), and is lower than industry peers (5.1%).Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$3.89The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$600.0m (up 90% from 3Q 2019). Net income: US$222.0m (up 252% from 3Q 2019). Profit margin: 37% (up from 20% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Nov 07Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $278.848773 million.Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $278.848773 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 9,112,705 Price\Range: $30.6Recent Insider Transactions • Nov 05Executive VP & CFO recently bought €52k worth of stockOn the 2nd of November, James Ciroli bought around 2k shares on-market at roughly €25.89 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of €181k worth in shares.Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$442.0m, up 107% from the prior year. Total revenue was US$1.63b over the last 12 months, up 48% from the prior year.お知らせ • Oct 03Flagstar Bancorp, Inc. to Report Q3, 2020 Results on Oct 21, 2020Flagstar Bancorp, Inc. announced that they will report Q3, 2020 results at 6:30 AM, US Eastern Standard Time on Oct 21, 2020お知らせ • Aug 11Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $181.8 million.Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $181.8 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: $30.3お知らせ • Jul 09Flagstar Bancorp, Inc. to Report Q2, 2020 Results on Jul 28, 2020Flagstar Bancorp, Inc. announced that they will report Q2, 2020 results at 6:30 AM, US Eastern Standard Time on Jul 28, 2020株主還元FL2PDE MortgageDE 市場7D0%0%0%1Y-14.8%0%0%株主還元を見る業界別リターン: FL2P過去 1 年間で0 % の収益を上げたGerman 業界を上回りました。リターン対市場: FL2P過去 1 年間で2.5 % の収益を上げたGerman市場を上回りました。価格変動Is FL2P's price volatile compared to industry and market?FL2P volatilityFL2P Average Weekly Movement6.7%Mortgage Industry Average Movement0%Market Average Movement0%10% most volatile stocks in DE Market0%10% least volatile stocks in DE Market0%安定した株価: FL2P 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: FL2Pの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19874,911n/awww.flagstar.comもっと見るFlagstar Bancorp, Inc. 基礎のまとめFlagstar Bancorp の収益と売上を時価総額と比較するとどうか。FL2P 基礎統計学時価総額€2.00b収益（TTM）€257.15m売上高(TTM)€1.32b7.4xPER（株価収益率0.8xPBR（株価純資産倍率FL2P は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計FL2P 損益計算書（TTM）収益US$1.39b売上原価US$0売上総利益US$1.39bその他の費用US$1.12b収益US$271.00m直近の収益報告Sep 30, 2022次回決算日該当なし一株当たり利益（EPS）5.08グロス・マージン100.00%純利益率19.50%有利子負債／自己資本比率189.8%FL2P の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/12/11 20:44終値2022/11/30 00:00収益2022/09/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Flagstar Bancorp, Inc. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Stephen MossB. Riley Securities, Inc.Mark PalmerBTIGMichael DianaCantor Fitzgerald & Co.6 その他のアナリストを表示
お知らせ • Dec 02+ 1 more updateNew York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC).New York Community Bancorp, Inc. (NYSE:NYCB) made a non-binding proposal to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion on March 8, 2021. New York Community Bancorp, Inc. entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. on April 24, 2021. Under terms of the agreement, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own, representing an implied total transaction value of approximately $2.6 billion. Following completion of the transaction, the New York Community shareholders are expected to collectively represent approximately 68% of the combined company while the Flagstar shareholders are expected to represent approximately 32%. New York Community Bancorp. and Flagstar Bancorp will combine with Flagstar will merging with and into New York Community, with New York Community continuing as the surviving entity. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. The new company will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. In case of termination of the transaction, New York Community Bancorp or Flagstar may be required to pay a termination fee to the other equal to $90 million. Thomas R. Cangemi of NYCB will be President and Chief Executive Officer of the combined company and Alessandro (Sandro) P. DiNello, FCB's current President and Chief Executive Officer, will become Non- Executive Chairman with John Pinto of NYCB serving as Senior Executive Vice President and Chief Financial Officer of the combined company. Hanif Wally Dahya of NYCB will be the lead independent Director. Lee M. Smith of FBC will continue to lead the mortgage division as Senior Executive Vice President and President of Mortgage and Reginald Davis of FBC will head up consumer and commercial banking and serve as Senior Executive Vice President and President of Banking. Reggie Davis will continue as president of Banking, Nick Munson, who is the Chief Risk Officer(CRO) of NYCB, will be the CRO and Steve Figliuolo will retire, but stay on for a year to help transition our risk and compliance programs to Nick’s oversight. The remaining key roles will combine the best talent from both companies. The Board of Directors will be comprised of 12 directors with eight from New York Community and four from Flagstar. Paul D. Borja, who currently serves as Flagstar’s Interim General Counsel, will also join New York Community, serving as First Senior Vice President and Deputy General Counsel. Robert Wann, Senior Executive Vice President and Chief Operating Officer of NYCB will no longer serve in this capacity on close of the transaction but will remain on the Board of Directors. Barbara Tosi-Renna will serve as Senior Executive Vice President and Director of Operations of NYCB. Other management of NYCB will include: John Adams - Director of Indirect Multi-Family Lending; Meagan Belfinger – Chief Audit Executive; Jennifer Charters – Chief Information Officer; Beth Correa – Director of Corporate Responsibility; Salvatore DiMartino – Director of Investor Relations; David W. Hollis – Chief Human Resources Officer; Nicholas Munson – Chief Risk Officer; and R. Patrick Quinn – General Counsel and Corporate Secretary. Andrew Kaplan will move to Chief Digital & Banking role as a Service Officer and Eric Kracov will transition to role of Executive Vice President and Deputy General Counsel in charge of Litigation and Employee Matters. The transaction is subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals including approvals from the New York State Department of Financial Services, the Federal Deposit Insurance Corp. and the Federal Reserve, authorization for listing on the NYSE of the consideration shares to be issued, effectiveness of the registration statement and the requisite approval by the shareholders of each company. The agreement was unanimously approved by the Boards of Directors of both New York Community Bancorp and Flagstar Bancorp. As of April 27, 2022, the Company and Flagstar agreed to amend the Merger Agreement (the “First Amendment”). Under the First Amendment, the Company and Flagstar agreed to extend the Merger Agreement termination date to October 31, 2022. As of August 4, 2021, the transaction was approved by the shareholders of New York Community Bancorp and Flagstar. As of October 11, 2022, the registration statement was declared effective with respect to the transaction. As of October 27, 2022, the parties have mutually agreed to extend their merger agreement from October 31, 2022, to December 31, 2022. As of October 27, 2022, Flagstar and NYCB received the requisite approval of the Office of the Comptroller of the Currency (the "OCC") to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to merge New York Community Bank into Flagstar Bank, N.A. with Flagstar Bank, N.A. being the surviving entity. The transaction is expected to close by the end of 2021. As of August 4, 2021, the transaction is expected to close during the fourth quarter of 2021. As of October 27, 2021, it is anticipated that regulatory approval will be not received in time before the end of 2021 to close the merger during the fourth quarter of 2021, hence the transaction is anticipated to close as soon in 2022. On November 4, 2022, New York Community Bancorp received regulatory approval from the Board of Governors of the Federal Reserve System. As of November 7, 2022, the transaction is expected to close on December 1, 2022. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022 (assuming fully phased- in cost savings) and is also expected to be immediately 3.5% accretive to NYCB's tangible book value per share. Piper Sandler & Co. and Goldman Sachs & Co. LLC served as financial advisors and fairness opinion providers to NYCB. H. Rodgin Cohen, Mark J. Menting, Jared M. Fishman, Matthew M. Friestedt, Ronald E. Creamer Jr. and Mehdi Ansari of Sullivan & Cromwell LLP served as legal advisor to NYCB. Morgan Stanley & Co. LLC and Jefferies LLC acted as financial advisors and fairness opinion provider to Flagstar. Sven Mickisch, David Clark, Brian Christiansen, Anand Raman, Joseph Penko, Steven Matays and Michael Zeidel of Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors to Flagstar. Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal due diligence advisor to Flagstar. Philip Richter and Roy Tannenbaum of Fried Frank acted as counsel to Goldman Sachs. NYCB will pay a fee of $13 million to Piper Sandler for its services and will also pay $3 million upon rendering Piper Sandler opinion, which opinion fee will be credited in full towards the advisory fee which will become payable to Piper Sandler upon closing of the merger. NYCB will pay a fee of $13 million to Goldman Sachs, $3 million of which became payable upon the execution of the merger agreement, and the remainder of which is payable contingent upon completion of the proposed merger. Flagstar has agreed to pay Morgan Stanley a fee of $18.2 million in the aggregate, $1 million of which was payable upon the rendering of its opinion. Flagstar will pay Jefferies a fee of approximately $8 million, of which a portion was payable upon delivery of Jefferies’ opinion to the Flagstar board of directors and approximately $7 million is payable contingent upon consummation of the merger. Equiniti (US) Services LLC acted as the information agent to New York Community Bancorp and Flagstar for a fee of $8,000 each. New York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC) on December 1, 2022 .In connection with the closing of the acquisition, NYCB’s Board of Directors appointed six new directors, five of whom are former directors of Flagstar. In addition to the new Board members, the Company also formally named its new Executive Leadership team
お知らせ • Dec 01+ 6 more updatesFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI IndexFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI Index
Recent Insider Transactions • Nov 16Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.
Recent Insider Transactions • Nov 11Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to €38.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Mortgage industry in Europe. Total returns to shareholders of 20% over the past three years.
お知らせ • Oct 29Flagstar Bancorp, Inc. Declares Special Dividend on Its Common Stock, Payable on November 17, 2022Flagstar Bancorp, Inc. announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022.
お知らせ • Dec 02+ 1 more updateNew York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC).New York Community Bancorp, Inc. (NYSE:NYCB) made a non-binding proposal to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion on March 8, 2021. New York Community Bancorp, Inc. entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. on April 24, 2021. Under terms of the agreement, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own, representing an implied total transaction value of approximately $2.6 billion. Following completion of the transaction, the New York Community shareholders are expected to collectively represent approximately 68% of the combined company while the Flagstar shareholders are expected to represent approximately 32%. New York Community Bancorp. and Flagstar Bancorp will combine with Flagstar will merging with and into New York Community, with New York Community continuing as the surviving entity. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. The new company will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. In case of termination of the transaction, New York Community Bancorp or Flagstar may be required to pay a termination fee to the other equal to $90 million. Thomas R. Cangemi of NYCB will be President and Chief Executive Officer of the combined company and Alessandro (Sandro) P. DiNello, FCB's current President and Chief Executive Officer, will become Non- Executive Chairman with John Pinto of NYCB serving as Senior Executive Vice President and Chief Financial Officer of the combined company. Hanif Wally Dahya of NYCB will be the lead independent Director. Lee M. Smith of FBC will continue to lead the mortgage division as Senior Executive Vice President and President of Mortgage and Reginald Davis of FBC will head up consumer and commercial banking and serve as Senior Executive Vice President and President of Banking. Reggie Davis will continue as president of Banking, Nick Munson, who is the Chief Risk Officer(CRO) of NYCB, will be the CRO and Steve Figliuolo will retire, but stay on for a year to help transition our risk and compliance programs to Nick’s oversight. The remaining key roles will combine the best talent from both companies. The Board of Directors will be comprised of 12 directors with eight from New York Community and four from Flagstar. Paul D. Borja, who currently serves as Flagstar’s Interim General Counsel, will also join New York Community, serving as First Senior Vice President and Deputy General Counsel. Robert Wann, Senior Executive Vice President and Chief Operating Officer of NYCB will no longer serve in this capacity on close of the transaction but will remain on the Board of Directors. Barbara Tosi-Renna will serve as Senior Executive Vice President and Director of Operations of NYCB. Other management of NYCB will include: John Adams - Director of Indirect Multi-Family Lending; Meagan Belfinger – Chief Audit Executive; Jennifer Charters – Chief Information Officer; Beth Correa – Director of Corporate Responsibility; Salvatore DiMartino – Director of Investor Relations; David W. Hollis – Chief Human Resources Officer; Nicholas Munson – Chief Risk Officer; and R. Patrick Quinn – General Counsel and Corporate Secretary. Andrew Kaplan will move to Chief Digital & Banking role as a Service Officer and Eric Kracov will transition to role of Executive Vice President and Deputy General Counsel in charge of Litigation and Employee Matters. The transaction is subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals including approvals from the New York State Department of Financial Services, the Federal Deposit Insurance Corp. and the Federal Reserve, authorization for listing on the NYSE of the consideration shares to be issued, effectiveness of the registration statement and the requisite approval by the shareholders of each company. The agreement was unanimously approved by the Boards of Directors of both New York Community Bancorp and Flagstar Bancorp. As of April 27, 2022, the Company and Flagstar agreed to amend the Merger Agreement (the “First Amendment”). Under the First Amendment, the Company and Flagstar agreed to extend the Merger Agreement termination date to October 31, 2022. As of August 4, 2021, the transaction was approved by the shareholders of New York Community Bancorp and Flagstar. As of October 11, 2022, the registration statement was declared effective with respect to the transaction. As of October 27, 2022, the parties have mutually agreed to extend their merger agreement from October 31, 2022, to December 31, 2022. As of October 27, 2022, Flagstar and NYCB received the requisite approval of the Office of the Comptroller of the Currency (the "OCC") to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to merge New York Community Bank into Flagstar Bank, N.A. with Flagstar Bank, N.A. being the surviving entity. The transaction is expected to close by the end of 2021. As of August 4, 2021, the transaction is expected to close during the fourth quarter of 2021. As of October 27, 2021, it is anticipated that regulatory approval will be not received in time before the end of 2021 to close the merger during the fourth quarter of 2021, hence the transaction is anticipated to close as soon in 2022. On November 4, 2022, New York Community Bancorp received regulatory approval from the Board of Governors of the Federal Reserve System. As of November 7, 2022, the transaction is expected to close on December 1, 2022. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022 (assuming fully phased- in cost savings) and is also expected to be immediately 3.5% accretive to NYCB's tangible book value per share. Piper Sandler & Co. and Goldman Sachs & Co. LLC served as financial advisors and fairness opinion providers to NYCB. H. Rodgin Cohen, Mark J. Menting, Jared M. Fishman, Matthew M. Friestedt, Ronald E. Creamer Jr. and Mehdi Ansari of Sullivan & Cromwell LLP served as legal advisor to NYCB. Morgan Stanley & Co. LLC and Jefferies LLC acted as financial advisors and fairness opinion provider to Flagstar. Sven Mickisch, David Clark, Brian Christiansen, Anand Raman, Joseph Penko, Steven Matays and Michael Zeidel of Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors to Flagstar. Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal due diligence advisor to Flagstar. Philip Richter and Roy Tannenbaum of Fried Frank acted as counsel to Goldman Sachs. NYCB will pay a fee of $13 million to Piper Sandler for its services and will also pay $3 million upon rendering Piper Sandler opinion, which opinion fee will be credited in full towards the advisory fee which will become payable to Piper Sandler upon closing of the merger. NYCB will pay a fee of $13 million to Goldman Sachs, $3 million of which became payable upon the execution of the merger agreement, and the remainder of which is payable contingent upon completion of the proposed merger. Flagstar has agreed to pay Morgan Stanley a fee of $18.2 million in the aggregate, $1 million of which was payable upon the rendering of its opinion. Flagstar will pay Jefferies a fee of approximately $8 million, of which a portion was payable upon delivery of Jefferies’ opinion to the Flagstar board of directors and approximately $7 million is payable contingent upon consummation of the merger. Equiniti (US) Services LLC acted as the information agent to New York Community Bancorp and Flagstar for a fee of $8,000 each. New York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC) on December 1, 2022 .In connection with the closing of the acquisition, NYCB’s Board of Directors appointed six new directors, five of whom are former directors of Flagstar. In addition to the new Board members, the Company also formally named its new Executive Leadership team
お知らせ • Dec 01+ 6 more updatesFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI IndexFlagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI Index
Recent Insider Transactions • Nov 16Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.
Recent Insider Transactions • Nov 11Independent Director recently sold €348k worth of stockOn the 9th of November, Peter Schoels sold around 10k shares on-market at roughly €34.80 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €398k more than they sold in the last 12 months.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to €38.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Mortgage industry in Europe. Total returns to shareholders of 20% over the past three years.
お知らせ • Oct 29Flagstar Bancorp, Inc. Declares Special Dividend on Its Common Stock, Payable on November 17, 2022Flagstar Bancorp, Inc. announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$1.37 (vs US$2.88 in 3Q 2021)Third quarter 2022 results: EPS: US$1.37 (down from US$2.88 in 3Q 2021). Revenue: US$328.0m (down 32% from 3Q 2021). Net income: US$73.0m (down 52% from 3Q 2021). Profit margin: 22% (down from 31% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 20% p.a. on average during the next 2 years, while revenues in the Mortgage industry in Europe are expected to grow by 7.0%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 27Flagstar Bancorp Declares Quarterly Dividend, Payable November 17, 2022Flagstar Bancorp, Inc. announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable November 17, 2022, to shareholders of record at the close of business November 7, 2022.
お知らせ • Oct 19Flagstar Bancorp, Inc. Appoints Kirby Brendsel as ESG & Sustainability DirectorFlagstar Bancorp, Inc. has announced the addition of Kirby Brendsel as Flagstar's ESG and Sustainability director. In this newly created role, Brendsel will lead a team to oversee the growth and development of Flagstar's ESG and sustainability efforts focused on people, planet and performance. Brendsel brings nearly two decades of ESG experience, including a background in foundation leadership, sustainability, and diversity, equity and inclusion. Most recently he was with Welltower, Inc., and earlier in his career, with Nuveen and Starwood Hotels and Resorts. He discovered his passion for serving others while on active duty with the U.S. Army and continues that passion through service on the conservation commission in his hometown of Weston, Connecticut, and prior to that, on the sustainability committee, where he helped bring solar energy and a sustainable CT certification to the community. In the months ahead, Brendsel plans to implement a detailed ESG plan that focuses on all of Flagstar's stakeholders, including employees, customers and the communities Flagstar serves. This will involve assessing and augmenting current ESG data, establishing integrated ESG goals, identifying and addressing gaps and policy updates, as well as increasing stakeholder engagement and disclosure. In his short time at the bank, Brendsel has already made a difference with new initiatives such as launching a new Green Team employee resource group, leading Flagstar's efforts to become an Energy Star Partner and attaining green building certifications.
Upcoming Dividend • Jul 29Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 05 August 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 3.6% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.6%).
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$1.13 (vs US$2.79 in 2Q 2021)Second quarter 2022 results: EPS: US$1.13 (down from US$2.79 in 2Q 2021). Revenue: US$333.0m (down 31% from 2Q 2021). Net income: US$60.0m (down 59% from 2Q 2021). Profit margin: 18% (down from 31% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 47% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 28Flagstar Bancorp, Inc. Reports Net Charge Off for the Second Quarter Ended June 30, 2022Flagstar Bancorp, Inc. reported net charge off for the second quarter ended June 30, 2022. For the quarter, the company reported net charge off of $1 million against $1 million a year ago.
お知らせ • Jul 22Flagstar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 18, 2022Flagstar Bancorp, Inc. announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable August 18, 2022, to shareholders of record at the close of business August 8, 2022.
Recent Insider Transactions • May 28Independent Director recently bought €475k worth of stockOn the 27th of May, Peter Schoels bought around 14k shares on-market at roughly €35.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €775k more in shares than they have sold in the last 12 months.
お知らせ • May 06Flagstar Bancorp, Inc. Appoints Mark Herron as Chief Brand OfficerFlagstar Bancorp, Inc. announced it has hired Mark Herron as chief brand officer for the company. His responsibilities at Flagstar include marketing strategies, sales, branding, technology transformation, data analytics, marketing automation and change management. Additionally, he has oversight of client experience and internal communications. Herron brings to Flagstar over 25 years of success in leading organizations to improved performance through client satisfaction, strategic alliances and product and operational innovation. He most recently served as executive vice president and chief marketing officer for People's United Bank in Bridgeport, Conn., where he was responsible for marketing and digital initiatives and supported all commercial, retail and wealth lines of business. Previously, he held various senior positions in marketing and sales for BB&T in Winston-Salem, N.C. He also served as president and chief executive officer of RBW Marketing in Raleigh, N.C.
Recent Insider Transactions • Apr 30Executive VP & CFO recently bought €174k worth of stockOn the 28th of April, James Ciroli bought around 5k shares on-market at roughly €34.71 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of €379k worth in shares.
Upcoming Dividend • Apr 29Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 19 May 2022. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (4.9%).
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: US$0.99 (vs US$2.83 in 1Q 2021)First quarter 2022 results: EPS: US$0.99 (down from US$2.83 in 1Q 2021). Revenue: US$329.0m (down 39% from 1Q 2021). Net income: US$53.0m (down 64% from 1Q 2021). Profit margin: 16% (down from 28% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 58% compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 22Jim Linnane Joins Flagstar Bank as Head of Distributed Retail Mortgage DivisionFlagstar Bank named Jim Linnane president of Flagstar's distributed retail mortgage division. In this role, he is responsible for strategy, profitability, sales, growth, recruitment and operations of Flagstar's distributed retail mortgage business. His experience in the business is broad and deep, including mortgage origination, marketing, underwriting, construction lending, home equity products and wholesale financing. Prior to Flagstar, Linnane served as retail president for Stearns Lending. Earlier in his career, he was director of national sales at Guaranteed Rate. He started in the business at Wells Fargo, where he spent 15 years, ultimately leading 2,000 loan officers to $30 billion of production volume in the Midwest and Northeast.
お知らせ • Apr 21Flagstar Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on May 19, 2022Flagstar Bancorp, Inc. announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable May 19, 2022, to shareholders of record at the close of business May 9, 2022.
Recent Insider Transactions • Feb 15Director recently sold €96k worth of stockOn the 10th of February, Toan Huynh sold around 2k shares on-market at roughly €39.57 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €109k more than they sold in the last 12 months.
Recent Insider Transactions • Jan 28Executive VP & CFO recently bought €205k worth of stockOn the 27th of January, James Ciroli bought around 5k shares on-market at roughly €41.06 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.
Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$10.10 (up from US$9.59 in FY 2020). Revenue: US$1.90b (up 2.3% from FY 2020). Net income: US$533.0m (flat on FY 2020). Profit margin: 28% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 63% compared to a 14% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jan 28Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 04 February 2022. Payment date: 17 February 2022. Payout ratio is a comfortable 2.4% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.5%).
Upcoming Dividend • Oct 28Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 04 November 2021. Payment date: 16 November 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.2%).
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS US$2.87 (vs US$3.89 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$484.0m (down 19% from 3Q 2020). Net income: US$152.0m (down 32% from 3Q 2020). Profit margin: 31% (down from 37% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 24Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 15 September 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.3%).
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS US$2.79 (vs US$2.04 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$479.0m (up 7.9% from 2Q 2020). Net income: US$147.0m (up 27% from 2Q 2020). Profit margin: 31% (up from 26% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Executive Departure • Jun 04Director David Matlin has left the companyOn the 25th of May, David Matlin's tenure as Director ended after 12.3 years in the role. As of March 2021, David still personally held 2.87k shares (€110k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.58 years.
Upcoming Dividend • May 21Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 15 June 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.8%).
お知らせ • Apr 27+ 1 more updateNew York Community Bancorp, Inc. (NYSE:NYCB) entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion.New York Community Bancorp, Inc. (NYSE:NYCB) entered into a definitive merger agreement to acquire Flagstar Bancorp, Inc. (NYSE:FBC) for $2.6 billion on April 24, 2021. Under terms of the agreement, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own, representing an implied total transaction value of approximately $2.6 billion. Following completion of the transaction, the New York Community shareholders are expected to collectively represent approximately 68% of the combined company while the Flagstar shareholders are expected to represent approximately 32%. New York Community Bancorp. and Flagstar Bancorp will combine with Flagstar will merging with and into New York Community, with New York Community continuing as the surviving entity. The combined company will maintain the Flagstar Bank brand in the Midwest. Flagstar's mortgage division will also maintain the Flagstar brand. Other states will retain their current branding. Thomas R. Cangemi of NYCB will be President and Chief Executive Officer of the combined company and Alessandro (Sandro) P. DiNello, FCB's current President and Chief Executive Officer, will become Non- Executive Chairman with John Pinto of NYCB serving as Senior Executive Vice President and Chief Financial Officer of the combined company. Hanif Wally Dahya of NYCB will be the lead independent Director. Lee M. Smith of FBC will continue to lead the mortgage division as Senior Executive Vice President and President of Mortgage and Reginald Davis of FBC will head up consumer and commercial banking and serve as Senior Executive Vice President and President of Banking. The remaining key roles will combine the best talent from both companies. The Board of Directors will be comprised of 12 directors with eight from New York Community and four from Flagstar. The new company will have over $87 billion in assets and operate nearly 400 traditional branches in nine states and 87 loan production offices across a 28-state footprint. It will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, MI, including Flagstar's mortgage operations. The transaction is subject to the satisfaction of customary closing conditions, including the receipt of the requisite regulatory approvals and the requisite approval by the shareholders of each company. The agreement was unanimously approved by the Boards of Directors of both New York Community Bancorp and Flagstar Bancorp. The transaction is expected to close by the end of 2021. The transaction is expected to be 16% accretive to NYCB's earnings per share in 2022 (assuming fully phased- in cost savings) and is also expected to be immediately 3.5% accretive to NYCB's tangible book value per share. Piper Sandler & Co. and Goldman Sachs & Co. LLC served as financial advisors while Sullivan & Cromwell LLP served as legal advisor to New York Community. Morgan Stanley & Co. LLC and Jefferies LLC acted as financial advisors while Flagstar. Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Flagstar.
Is New 90 Day High Low • Mar 11New 90-day high: €38.60The company is up 29% from its price of €30.00 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €97.04 per share.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS US$9.59 (vs US$3.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.86b (up 65% from FY 2019). Net income: US$538.0m (up 147% from FY 2019). Profit margin: 29% (up from 19% in FY 2019). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.80% (down from 3.05% in FY 2019). Cost-to-income ratio: 57.6% (down from 75.8% in FY 2019). Non-performing loans: 0.40% (up from 0.26% in FY 2019). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 19Upcoming Dividend of US$0.06 Per ShareWill be paid on the 15th of March to those who are registered shareholders by the 26th of February. The trailing yield of 0.5% is below the top quartile of German dividend payers (3.4%), and is lower than industry peers (4.4%).
Recent Insider Transactions • Jan 27Insider recently bought €78k worth of stockOn the 26th of January, Karen Buck bought around 2k shares on-market at roughly €38.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €259k more in shares than they have sold in the last 12 months.
Reported Earnings • Jan 23Full year 2020 earnings released: EPS US$9.59The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.86b (up 65% from FY 2019). Net income: US$538.0m (up 147% from FY 2019). Profit margin: 29% (up from 19% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 22David J. Matlin Intends Not to Stand for Re-Election At Flagstar Bancorp, Inc.'S 2021 Annual Meeting of ShareholdersOn January 19, 2021, David J. Matlin informed the Board of Directors of Flagstar Bancorp, Inc. of his decision not to stand for re-election at the Company's 2021 Annual Meeting of Shareholders, expected to be held on May 25, 2021. Accordingly, Mr. Matlin's term as a director will end when his current term expires at the conclusion of the Annual Meeting.
Is New 90 Day High Low • Jan 09New 90-day high: €34.20The company is up 26% from its price of €27.20 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €86.75 per share.
お知らせ • Jan 09Flagstar Bancorp, Inc. Appoints Karen Buck as Executive Vice President and Head of OperationsFlagstar Bancorp, Inc. has announced Karen Buck has joined the firm as executive vice president and head of operations. In this role, she is responsible for the Customer Engagement Center, retail and commercial operations, banking operations, and business risk and internal controls.
お知らせ • Jan 07Flagstar Bancorp, Inc. to Report Q4, 2020 Results on Jan 21, 2021Flagstar Bancorp, Inc. announced that they will report Q4, 2020 results at 6:30 AM, Eastern Standard Time on Jan 21, 2021
Is New 90 Day High Low • Dec 23New 90-day high: €32.20The company is up 34% from its price of €24.00 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €111 per share.
お知らせ • Dec 23Flagstar Bancorp, Inc. Names Toan Huynh and Lori Jordan to Board of DirectorsFlagstar Bancorp announced the appointment of Toan Huynh and Lori Jordan to its board of directors, keeping a promise made in July to further diversify its board by adding women of color. Both will also serve on the board of Flagstar Bank, the wholly owned subsidiary of the corporation. Huynh is an independent director of Bankers Financial Corporation and a seasoned cloud and digital leader with over 20 years' experience in various industries designing and implementing digital transformation programs. Jordan is currently with Amazon.com, Inc., where she is strategic product leader for the Amazon Flex Last Mile and Last Mile organizations. In her role at Bankers Financial, Huynh chairs the compensation committee and is a member of the audit, compliance, and executive committee, and the enterprise risk committee. She is an active investor and advisor to high-growth technology and software-as-a-service companies. Previously, she served as entrepreneur-in-residence at Citi Ventures and as the U.S.-based partner of Information Venture Partners, where she helped spearhead investments in financial services technologies, including fintechs, banking-as-a-service, and payments. She also was an independent director for Phillips Edison, Inc., III, serving as a member of the audit and compliance committee. She is a long-time supporter of women in technology, venture investing, and finance. During her career of more than 25 years, Jordan spent seven years at Microsoft Corporation, ultimately serving as director of strategy and business development for the Azure core platform, machine learning, and artificial intelligence. She also launched two early stage venture funds, held key positions with companies engaged in eCommerce, co-founded a boutique merger and acquisition advisory firm, led product planning and marketing for a $3 billion-company, and articulated and executed on strategic visions for numerous companies. Along the way, she built a reputation as a results-oriented leader, strategist, and advisor with an impressive track record of success.
Is New 90 Day High Low • Dec 08New 90-day high: €30.40The company is up 17% from its price of €26.00 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Mortgage industry, which is also up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €94.05 per share.
Upcoming Dividend • Nov 24Upcoming Dividend of US$0.05 Per ShareWill be paid on the 15th of December to those who are registered shareholders by the 30th of November. The trailing yield of 0.6% is below the top quartile of German dividend payers (3.6%), and is lower than industry peers (5.1%).
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS US$3.89The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$600.0m (up 90% from 3Q 2019). Net income: US$222.0m (up 252% from 3Q 2019). Profit margin: 37% (up from 20% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Nov 07Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $278.848773 million.Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $278.848773 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 9,112,705 Price\Range: $30.6
Recent Insider Transactions • Nov 05Executive VP & CFO recently bought €52k worth of stockOn the 2nd of November, James Ciroli bought around 2k shares on-market at roughly €25.89 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of €181k worth in shares.
Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of US$442.0m, up 107% from the prior year. Total revenue was US$1.63b over the last 12 months, up 48% from the prior year.
お知らせ • Oct 03Flagstar Bancorp, Inc. to Report Q3, 2020 Results on Oct 21, 2020Flagstar Bancorp, Inc. announced that they will report Q3, 2020 results at 6:30 AM, US Eastern Standard Time on Oct 21, 2020
お知らせ • Aug 11Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $181.8 million.Flagstar Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $181.8 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: $30.3
お知らせ • Jul 09Flagstar Bancorp, Inc. to Report Q2, 2020 Results on Jul 28, 2020Flagstar Bancorp, Inc. announced that they will report Q2, 2020 results at 6:30 AM, US Eastern Standard Time on Jul 28, 2020
