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.
Flawless balance sheet and undervalued.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FBC underperformed the US Mortgage industry which returned -36.4% over the past year.
Return vs Market: FBC underperformed the US Market which returned -13.3% over the past year.
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
3 weeks ago | Simply Wall StHow Does Flagstar Bancorp's (NYSE:FBC) P/E Compare To Its Industry, After The Share Price Drop?
1 month ago | Simply Wall StDoes Flagstar Bancorp (NYSE:FBC) Deserve A Spot On Your Watchlist?
1 month ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For Flagstar Bancorp, Inc. (NYSE:FBC)?
Is Flagstar Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FBC ($19.39) is trading below our estimate of fair value ($55.24)
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 (5x) compared to the Mortgage industry average (10.3x).
PE vs Market: FBC is good value based on its PE Ratio (5x) compared to the US market (12.5x).
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 is good value based on its PB Ratio (0.6x) compared to the US Mortgage industry average (0.8x).
How is Flagstar Bancorp forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
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 (-1.3% per year).
Earnings vs Market: FBC's earnings are forecast to decline over the next 3 years (-1.3% 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 (-32.3% per year).
High Growth Revenue: FBC's revenue is forecast to decline over the next 3 years (-32.3% 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 (10%).
How has Flagstar Bancorp performed over the past 5 years?
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 (19.3%) are lower than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: FBC has become profitable over the past 5 years, growing earnings by 25.6% per year.
Accelerating Growth: FBC's earnings growth over the past year (16.6%) is below its 5-year average (25.6% per year).
Earnings vs Industry: FBC earnings growth over the past year (16.6%) exceeded the Mortgage industry 10.9%.
Return on Equity
High ROE: FBC's Return on Equity (12.2%) is considered low.
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
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 (0.26%)
What is Flagstar Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FBC's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.01%).
High Dividend: FBC's dividend (1.03%) is low compared to the top 25% of dividend payers in the US market (5.66%).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sandro DiNello (64yo)
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 above average for companies of similar size in the US market ($USD3.25M).
Compensation vs Earnings: Sandro's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||5.67yrs||US$1.42m||0.049% $543.0k|
|Executive VP & Chief Risk Officer||5.58yrs||US$1.18m||0.048% $529.5k|
|Executive VP & President of Mortgage of Bank||2.58yrs||US$1.14m||0.0082% $90.3k|
|Executive VP & COO of Flagstar Bank||6.67yrs||US$8.62m||0.28% $3.1m|
|Senior VP & Chief Accounting Officer||5.25yrs||no data||0.016% $177.3k|
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP & General Counsel||4.75yrs||US$491.56k||0.027% $298.4k|
|Chief Compliance Officer and Executive Vice President||no data||no data||no data|
|Executive Vice President and Manager of Secondary Marketing||4.75yrs||no data||no data|
Experienced Management: FBC's management team is seasoned and experienced (5.4 years average tenure).
|Non-Executive Chairman||7.17yrs||US$399.99k||0.18% $2.0m|
|Director||11.25yrs||no data||no data|
|Independent Director||14.5yrs||US$239.49k||0.058% $637.3k|
|Independent Director||10.25yrs||US$230.74k||0.071% $775.3k|
|Independent Director||5.08yrs||US$212.99k||0.039% $423.5k|
|Director||7.17yrs||no data||no data|
|Independent Director||3.25yrs||US$232.99k||0.023% $253.9k|
Experienced Board: FBC's board of directors are considered experienced (7.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Flagstar Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Flagstar Bancorp, Inc.
- Ticker: FBC
- Exchange: NYSE
- Founded: 1987
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$1.099b
- Shares outstanding: 56.66m
- Website: https://www.flagstar.com
Number of Employees
- Flagstar Bancorp, Inc.
- 5151 Corporate Drive
- United States
|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|
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit. It also provides other financial services, including consumer and corporate card services, customized treasury management solutions, merchant services, and capital markets services, such as loan syndications, as well as wealth management products and services. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and loans held-for-investment (LHFI) portfolio groups. The company’s Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through mortgage branches, call centers, the Internet, and third party counterparties. Its Mortgage Servicing segment offers services and subservices mortgage loans; and the servicing of residential mortgages for its LHFI portfolio, as well as noninterest-bearing escrow services. As of December 31, 2018, the company provided banking services through 160 full service banking branches; and home loans through a wholesale network of brokers and correspondents in 50 states, as well as 75 retail locations in 24 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 06:13|
|End of Day Share Price||2020/04/06 00:00|
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.