Flagstar Bancorp
Market Cap
US$2.2b
Last Updated
2019/10/19 23:36 UTC
Data Sources
Company Financials +
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.
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Fundamentals
Flawless balance sheet with proven track record.
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Share Price & News
How has Flagstar Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.2%
FBC
1.6%
US Mortgage
0.4%
US Market
1 Year Return
24.8%
FBC
15.2%
US Mortgage
6.9%
US Market
Return vs Industry: FBC exceeded the US Mortgage industry which returned 15.2% over the past year.
Return vs Market: FBC exceeded the US Market which returned 6.9% over the past year.
Shareholder returns
| FBC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 1.6% | 0.4% |
| 30 Day | 2.7% | 0.7% | -1.1% |
| 90 Day | 15.6% | 4.2% | -0.5% |
| 1 Year | 25.3%24.8% | 17.7%15.2% | 9.3%6.9% |
| 3 Year | 41.9%41.4% | 41.2%31.8% | 45.8%36.4% |
| 5 Year | 155.8%154.9% | 71.5%53.4% | 62.9%45.1% |
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
1 week ago | Simply Wall St
Is It Too Late To Consider Buying Flagstar Bancorp, Inc. (NYSE:FBC)?1 month ago | Simply Wall St
How Flagstar Bancorp, Inc. (NYSE:FBC) Can Impact Your Portfolio Volatility1 month ago | Simply Wall St
How Should Investors React To Flagstar Bancorp, Inc.'s (NYSE:FBC) CEO Pay?Valuation
Is Flagstar Bancorp undervalued compared to its fair value and its price relative to the market?
23.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: FBC ($38.34) is trading below our estimate of fair value ($50.28)
Significantly Undervalued: FBC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FBC is good value based on its PE Ratio (11x) compared to the Mortgage industry average (14.4x).
PE vs Market: FBC is good value based on its PE Ratio (11x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: FBC is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: FBC is overvalued based on its PB Ratio (1.3x) compared to the US Mortgage industry average (1.1x).
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Future Growth
How is Flagstar Bancorp forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
7.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBC's forecast earnings growth (7.1% per year) is above the savings rate (2.7%).
Earnings vs Market: FBC's earnings (7.1% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: FBC's revenue is expected to decline over the next 3 years (-3.2% per year).
High Growth Revenue: FBC's revenue is forecast to decline over the next 3 years (-3.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: FBC's Return on Equity is forecast to be low in 3 years time (11.6%).
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Past Performance
How has Flagstar Bancorp performed over the past 5 years?
21.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: FBC's earnings have grown significantly by 21.8% per year over the past 5 years.
Accelerating Growth: FBC's earnings growth over the past year (148.8%) exceeds its 5-year average (21.8% per year).
Earnings vs Industry: FBC earnings growth over the past year (148.8%) exceeded the Mortgage industry 31.5%.
Return on Equity
High ROE: FBC's Return on Equity (12%) is considered low.
Return on Assets
ROA vs Industry: FBC has a higher Return on Assets than the Mortgage industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate FBC's Return on Capital Employed to determine if it has improved over the past 3 years.
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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
Inventory Level: FBC has a low level of unsold assets or inventory.
Debt Coverage by Assets: FBC's debt is covered by short term assets (assets are 1.210330x debt).
Financial Institutions Analysis
Asset Level: FBC's level of assets compared to its equity is moderate.
Allowance for Bad Loans: FBC has a sufficient allowance for bad loans.
Low Risk Liabilities: FBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FBC's loans are broadly funded by customer deposits.
Level of Bad Loans: FBC has an appropriate level of bad loans (0.67%)
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Dividend
What is Flagstar Bancorp's current dividend yield, its reliability and sustainability?
0.42%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: FBC's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: FBC's dividend (0.42%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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.
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Management
What is the CEO of Flagstar Bancorp's salary, the management and board of directors tenure and is there insider trading?
4.9yrs
Average management tenure
CEO
Sandro DiNello (64yo)
6.4yrs
Tenure
US$16,425,199
Compensation
Mr. Alessandro P. DiNello, also known as Sandro, has been the Chief Executive Officer and President of Flagstar Bancorp Inc. since May 15, 2013. Mr. DiNello has been Chief Executive Officer and President o ...
CEO Compensation Analysis
Compensation vs. Market: Sandro's total compensation ($USD16.43M) is about average for companies of similar size in the US market ($USD4.00M).
Compensation vs Earnings: Sandro's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.9yrs
Average Tenure
53yo
Average Age
Experienced Management: FBC's management team is considered experienced (4.9 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
58yo
Average Age
Experienced Board: FBC's board of directors are considered experienced (6.7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 1,000 |
| Max Price | US$29.08 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP & General Counsel |
| Shares | 550 |
| Max Price | US$28.92 |
Ownership Breakdown
Management Team
Steve Figliuolo (62yo)
Executive VP & Chief Risk Officer
- Tenure: 5.1yrs
- Compensation: US$1.18m
Sandro DiNello (64yo)
President
- Tenure: 6.4yrs
- Compensation: US$16.43m
Lee Smith (44yo)
Executive VP & COO of Flagstar Bank
- Tenure: 6.2yrs
- Compensation: US$8.62m
Jim Ciroli (53yo)
Executive VP & CFO
- Tenure: 5.2yrs
- Compensation: US$1.42m
Bryan Marx (43yo)
Senior VP & Chief Accounting Officer
- Tenure: 4.8yrs
Patrick McGuirk (49yo)
Executive VP & General Counsel
- Tenure: 4.3yrs
- Compensation: US$491.56k
Palmer Heenan
Executive Vice President and Manager of Secondary Marketing
- Tenure: 4.3yrs
Karen Sabatowski
Chief Compliance Officer and Executive Vice President
- Tenure: 0yrs
Kristy Fercho (53yo)
Executive VP & President of Mortgage of Bank
- Tenure: 2.1yrs
- Compensation: US$1.14m
Kenneth Schellenberg
Vice President of Investor Relations
- Tenure: 0yrs
Board Members
John Lewis (70yo)
Non-Executive Chairman
- Tenure: 6.7yrs
- Compensation: US$399.99k
David Treadwell (64yo)
Director
- Tenure: 10.4yrs
- Compensation: US$244.24k
David Matlin (57yo)
Director
- Tenure: 10.8yrs
Jay Hansen (56yo)
Independent Director
- Tenure: 14yrs
- Compensation: US$239.49k
Jim Ovenden (55yo)
Independent Director
- Tenure: 9.8yrs
- Compensation: US$230.74k
Bruce Nyberg (73yo)
Director
- Tenure: 4.6yrs
- Compensation: US$212.99k
Peter Schoels (45yo)
Director
- Tenure: 6.7yrs
Sandro DiNello (64yo)
President
- Tenure: 6.4yrs
- Compensation: US$16.43m
Jennifer Whip (58yo)
Director
- Tenure: 2.8yrs
- Compensation: US$232.99k
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$2.166b
- Shares outstanding: 56.48m
- Website: https://www.flagstar.com
Number of Employees
Location
- Flagstar Bancorp, Inc.
- 5151 Corporate Drive
- Troy
- Michigan
- 48098
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FBC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 1997 |
| FL2P | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:36 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.