NYSE:FBC

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Executive Summary

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Flagstar Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FBC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.0%

FBC

-4.9%

US Mortgage

-0.8%

US Market


1 Year Return

-22.6%

FBC

-26.1%

US Mortgage

13.8%

US Market

Return vs Industry: FBC exceeded the US Mortgage industry which returned -26.1% over the past year.

Return vs Market: FBC underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

FBCIndustryMarket
7 Day-5.0%-4.9%-0.8%
30 Day-7.5%-13.4%-5.0%
90 Day2.3%-16.0%10.1%
1 Year-22.1%-22.6%-23.9%-26.1%16.4%13.8%
3 Year-17.2%-18.0%6.4%-2.7%36.9%27.8%
5 Year40.7%39.3%6.1%-7.8%85.0%64.2%

Price Volatility Vs. Market

How volatile is Flagstar Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Flagstar Bancorp undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FBC ($29.11) is trading below our estimate of fair value ($73.63)

Significantly Below Fair Value: FBC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FBC is good value based on its PE Ratio (5.8x) compared to the US Mortgage industry average (10.4x).

PE vs Market: FBC is good value based on its PE Ratio (5.8x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: FBC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: FBC's PB Ratio (0.8x) is in line with the US Mortgage industry average.


Next Steps

Future Growth

How is Flagstar Bancorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-16.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FBC's earnings are forecast to decline over the next 3 years (-16.7% per year).

Earnings vs Market: FBC's earnings are forecast to decline over the next 3 years (-16.7% per year).

High Growth Earnings: FBC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FBC's revenue is expected to decline over the next 3 years (-10.9% per year).

High Growth Revenue: FBC's revenue is forecast to decline over the next 3 years (-10.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FBC's Return on Equity is forecast to be low in 3 years time (11.1%).


Next Steps

Past Performance

How has Flagstar Bancorp performed over the past 5 years?

18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FBC has a high level of non-cash earnings.

Growing Profit Margin: FBC's current net profit margins (21%) are higher than last year (19.7%).


Past Earnings Growth Analysis

Earnings Trend: FBC's earnings have grown by 18.3% per year over the past 5 years.

Accelerating Growth: FBC's earnings growth over the past year (41.6%) exceeds its 5-year average (18.3% per year).

Earnings vs Industry: FBC earnings growth over the past year (41.6%) exceeded the Mortgage industry 6.7%.


Return on Equity

High ROE: FBC's Return on Equity (14.3%) is considered low.


Next Steps

Financial Health

How is Flagstar Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FBC's Assets to Equity ratio (13.9x) is moderate.

Allowance for Bad Loans: FBC has a sufficient allowance for bad loans (573%).

Low Risk Liabilities: 70% of FBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: FBC has an appropriate level of Loans to Assets ratio (53%).

Low Risk Deposits: FBC's Loans to Deposits ratio (81%) is appropriate.

Level of Bad Loans: FBC has an appropriate level of bad loans (0.3%).


Next Steps

Dividend

What is Flagstar Bancorp current dividend yield, its reliability and sustainability?

0.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FBC's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: FBC's dividend (0.69%) is low compared to the top 25% of dividend payers in the US market (4.94%).


Stability and Growth of Payments

Stable Dividend: FBC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: FBC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: FBC is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FBC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.1yrs

Average management tenure


CEO

Sandro DiNello (65 yo)

7.33yrs

Tenure

US$3,453,121

Compensation

Mr. Alessandro P. DiNello, also known as Sandro, has been the Chief Executive Officer and President of Flagstar Bancorp Inc. since May 15, 2013. Mr. DiNello has been Chief Executive Officer and President o ...


CEO Compensation Analysis

Compensation vs Market: Sandro's total compensation ($USD3.45M) is about average for companies of similar size in the US market ($USD4.61M).

Compensation vs Earnings: Sandro's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Alessandro DiNello
President7.33yrsUS$3.45m0.83%
$ 13.8m
James Ciroli
Executive VP & CFO6.08yrsUS$1.56m0.064%
$ 1.1m
Stephen Figliuolo
Executive VP & Chief Risk Officer6yrsUS$1.26m0.056%
$ 920.3k
Lee Smith
President of Mortgage of Flagstar Bank7.08yrsUS$2.16m0.42%
$ 7.0m
Bryan Marx
Senior VP & Chief Accounting Officer5.67yrsno data0.018%
$ 291.7k
Kenneth Schellenberg
Vice President of Investor Relationsno datano datano data
Patrick McGuirk
Executive VP & General Counsel5.17yrsUS$491.56k0.031%
$ 518.2k
Karen Sabatowski
Chief Compliance Officer and Executive Vice Presidentno datano datano data
Palmer Heenan
Executive Vice President and Manager of Secondary Marketing5.17yrsno datano data
Paul Borja
Executive VP & Senior Deputy General Counsel15.33yrsUS$662.89kno data
Henry Darakhovskiy
Senior Vice President of Capital Markets & Balance Sheet Portfolio Management9.08yrsno datano data
William Belekewicz
Executive VP and Director of MIS & Analyticsno datano datano data

6.1yrs

Average Tenure

54yo

Average Age

Experienced Management: FBC's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alessandro DiNello
President7.33yrsUS$3.45m0.83%
$ 13.8m
John Lewis
Independent Non-Executive Chairman7.58yrsUS$416.68k0.17%
$ 2.9m
David Treadwell
Independent Director11.33yrsUS$253.01k0.051%
$ 845.1k
David Matlin
Director11.67yrsno data0%
$ 0
Jay Hansen
Independent Director14.92yrsUS$242.01k0.053%
$ 870.9k
James Ovenden
Independent Director10.67yrsUS$237.01k0.065%
$ 1.1m
Bruce Nyberg
Independent Director5.5yrsUS$215.51k0.033%
$ 550.0k
Peter Schoels
Director7.58yrsno data0%
$ 0
Jennifer Whip
Independent Director3.67yrsUS$233.01k0.018%
$ 295.2k

7.6yrs

Average Tenure

59yo

Average Age

Experienced Board: FBC's board of directors are considered experienced (7.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FBC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Flagstar Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flagstar Bancorp, Inc.
  • Ticker: FBC
  • Exchange: NYSE
  • Founded: 1987
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$1.658b
  • Shares outstanding: 56.94m
  • Website: https://www.flagstar.com

Number of Employees


Location

  • Flagstar Bancorp, Inc.
  • 5151 Corporate Drive
  • Troy
  • Michigan
  • 48098-2639
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FBCNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 1997
FL2PDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1997

Biography

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its C ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/27 05:49
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.