Flagstar Bancorp (FBC) 26.53 $FBC
Flagstar Completes Repayment of TARP Funds
PR Newswire - Mon Aug 01, 5:30AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) announced that it has now completed its repayment of funds initially received under the Troubled Asset Relief Program ("TARP"
through redemption of all $267 million of the company's Fixed Rate Cumulative Perpetual Preferred Stock, Series C, originally issued to the U.S. Department of the Treasury as part of TARP, plus payment of $104 million in accrued and unpaid dividends. Flagstar funded the total redemption cost of $371 million through a combination of internal liquidity, including a $200 million dividend from its wholly owned subsidiary, Flagstar Bank, and $250 million from the proceeds of the issuance of its 6.125% Senior Notes due 2021.
FBC: 26.53 (+0.25)
Downgrade Alert for Flagstar Bancorp (FBC)
Comtex SmarTrend(R) - Thu Jul 28, 3:05AM CDT
Flagstar Bancorp (NYSE:FBC) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $26.30 on volume of 354,000 shares, above average daily volume of 169,000. Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB. The Bank attracts deposits from the general public and originates or acquires residential mortgage loans. Flagstar also originates consumer, commercial real estate, and non-real estate commercial loans and it operates predominantly in Michigan and Indiana, as well as throughout the United States.
FBC: 26.53 (+0.25)
Washington Federal's (WAFD) Q3 Earnings Top; Costs Fall
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 9:33AM CDT
Washington Federal's (WAFD) third-quarter fiscal 2016 earnings beat the Zacks Consensus Estimate driven by growth in net interest income, provision reversal and fall in operating expenses.
PBCT: 15.07 (+0.23), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41), WAFD: 25.02 (+0.25)
Legg Mason Acquires 82% Stake in Financial Guard; Stock Up
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 6:39AM CDT
Shares of Legg Mason Inc. (LM) gained 4% since Thursday after it announced its decision to acquire 82% majority stake in Financial Guard LLC, an online Registered Investment Advisor based in Salt Lake City, UT.
HMST: 22.85 (+0.23), FMBI: 18.67 (+0.25), FBC: 26.53 (+0.25), LM: 33.90 (+0.70)
Citi (C) Merges Consumer Banking Businesses in EMEA & Asia
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:42AM CDT
In line with its continued efforts to streamline operations, Citigroup Inc. (C) is reportedly merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia.
HMST: 22.85 (+0.23), FMBI: 18.67 (+0.25), C: 43.89 (+0.90), FBC: 26.53 (+0.25)
20.6% Return Seen to Date on SmarTrend Flagstar Bancorp Call (FBC)
Comtex SmarTrend(R) - Thu Jun 02, 1:52PM CDT
SmarTrend identified an Uptrend for Flagstar Bancorp (NYSE:FBC) on February 26th, 2016 at $19.94. In approximately 3 months, Flagstar Bancorp has returned 20.61% as of today's recent price of $24.05.
FBC: 26.53 (+0.25)
Flagstar Bancorp Up 20.2% Since SmarTrend Uptrend Call (FBC)
Comtex SmarTrend(R) - Thu May 26, 1:22AM CDT
SmarTrend identified an Uptrend for Flagstar Bancorp (NYSE:FBC) on February 26th, 2016 at $19.94. In approximately 3 months, Flagstar Bancorp has returned 20.21% as of today's recent price of $23.97.
FBC: 26.53 (+0.25)
Flagstar Earns Investment-Grade Ratings and Stable Outlook from Egan-Jones Ratings Company
PR Newswire - Tue May 24, 5:30AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) today announced that it has earned investment-grade ratings from the Egan-Jones Ratings Company ("EJR". EJR assigned a long-term corporate issuer rating of A with a stable outlook and a short-term commercial paper rating of A1 to Flagstar Bancorp, Inc.
FBC: 26.53 (+0.25)
Flagstar to Audiocast Annual Meeting of Shareholders
PR Newswire - Thu May 12, 8:00AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) today announced plans to audiocast its 2016 Annual Meeting of Shareholders. The annual meeting will be held Tuesday, May 24, 2016, at 8:30 a.m. (ET) at Flagstar's national headquarters, 5151 Corporate Drive, Troy, MI 48098.
FBC: 26.53 (+0.25)
Citizens Financial (CFG) Prices $1B Senior Unsecured Notes
Zacks Equity Research - Zacks Investment Research - Wed May 11, 9:12AM CDT
Citizens Financial Group, Inc. (CFG) priced a debt offering by its wholly-owned subsidiary Citizens Bank
NWBI: 14.81 (+0.13), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41), OCFC: 18.72 (+0.05)
Goldman Eyes New Lending Strategy Amid Revenue Pressure
Zacks Equity Research - Zacks Investment Research - Mon May 02, 6:07PM CDT
The Goldman Sachs Group, Inc. (GS) seems to be seeking revenue opportunities as weak markets and stricter regulations have put a pressure on the investment bank's traditional businesses like fixed income trading
GS: 158.34 (+2.28), RJF: 54.41 (+0.91), FBC: 26.53 (+0.25), CSH: 42.64 (+0.27)
Flagstar Bancorp posts 1Q profit
Automated Insights - Tue Apr 26, 5:55AM CDT
TROY, Mich. (AP) _ Flagstar Bancorp Inc. (FBC) on Tuesday reported first-quarter profit of $39 million.
FBC: 26.53 (+0.25)
Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share
PR Newswire - Tue Apr 26, 5:30AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported first quarter 2016 net income of $39 million, or $0.54 per diluted share, as compared to $33 million in the fourth quarter 2015, or $0.44 per diluted share, and net income of $32 million in the first quarter 2015, or $0.43 per diluted share.
FBC: 26.53 (+0.25)
Flagstar Bank Receives Fannie Mae's 2015 STAR Performer Award
PR Newswire - Mon Apr 25, 7:00AM CDT
Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards(TM) (STAR(TM)) Performer for 2015 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.
FBC: 26.53 (+0.25)
Citizen Financial (CFG) Stock Moves Up on Q1 Earnings Beat
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 10:29AM CDT
Driven by higher revenues, Citizens Financial Group, Inc. (CFG) delivered a positive earnings surprise of nearly 8% in first-quarter 2016
PBCT: 15.07 (+0.23), EVER: 18.55 (+0.54), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41)
Flagstar Earns Investment-Grade Ratings and Stable Outlook From Kroll Bond Rating Agency
PR Newswire - Mon Apr 18, 3:05PM CDT
Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced that it has earned investment-grade ratings with a stable outlook from the Kroll Bond Rating Agency ("KBRA". KBRA assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Flagstar Bancorp, Inc. Flagstar Bank, FSB was assigned a deposit rating of BBB+, a senior unsecured debt rating of BBB+, and short-term debt and deposit ratings of K2. The outlook on all long-term ratings is stable.
FBC: 26.53 (+0.25)
Washington Federal (WAFD) Q2 Earnings Beat; Stock Up 2%
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 8:10AM CDT
Shares of Washington Federal were up nearly 2% following the release of its second-quarter fiscal 2016. Earnings of 45 cents per share surpassed the Zacks Consensus Estimate of 41 cents.
PBCT: 15.07 (+0.23), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41), WAFD: 25.02 (+0.25)
Flagstar Announces First Quarter 2016 Earnings Call
PR Newswire - Mon Apr 04, 11:39AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2016 earnings call, which will be held Tuesday, April 26, 2016, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2016 financial results, which will be released at approximately 6:30 a.m. April 26, 2016.
FBC: 26.53 (+0.25)
New Strong Sell Stocks for March 16th
Zacks Equity Research - Zacks Investment Research - Wed Mar 16, 7:29AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Wednesday
FITB: 18.96 (+0.38), CECE: 9.09 (+0.10), ALIM: 2.00 (-0.01), FBC: 26.53 (+0.25), FCFS: 50.85 (+0.19)
Flagstar Completes Repayment of TARP Funds
PR Newswire - Mon Aug 01, 5:30AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) announced that it has now completed its repayment of funds initially received under the Troubled Asset Relief Program ("TARP"
through redemption of all $267 million of the company's Fixed Rate Cumulative Perpetual Preferred Stock, Series C, originally issued to the U.S. Department of the Treasury as part of TARP, plus payment of $104 million in accrued and unpaid dividends. Flagstar funded the total redemption cost of $371 million through a combination of internal liquidity, including a $200 million dividend from its wholly owned subsidiary, Flagstar Bank, and $250 million from the proceeds of the issuance of its 6.125% Senior Notes due 2021. FBC: 26.53 (+0.25)
Downgrade Alert for Flagstar Bancorp (FBC)
Comtex SmarTrend(R) - Thu Jul 28, 3:05AM CDT
Flagstar Bancorp (NYSE:FBC) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $26.30 on volume of 354,000 shares, above average daily volume of 169,000. Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB. The Bank attracts deposits from the general public and originates or acquires residential mortgage loans. Flagstar also originates consumer, commercial real estate, and non-real estate commercial loans and it operates predominantly in Michigan and Indiana, as well as throughout the United States.
FBC: 26.53 (+0.25)
Washington Federal's (WAFD) Q3 Earnings Top; Costs Fall
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 9:33AM CDT
Washington Federal's (WAFD) third-quarter fiscal 2016 earnings beat the Zacks Consensus Estimate driven by growth in net interest income, provision reversal and fall in operating expenses.
PBCT: 15.07 (+0.23), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41), WAFD: 25.02 (+0.25)
Legg Mason Acquires 82% Stake in Financial Guard; Stock Up
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 6:39AM CDT
Shares of Legg Mason Inc. (LM) gained 4% since Thursday after it announced its decision to acquire 82% majority stake in Financial Guard LLC, an online Registered Investment Advisor based in Salt Lake City, UT.
HMST: 22.85 (+0.23), FMBI: 18.67 (+0.25), FBC: 26.53 (+0.25), LM: 33.90 (+0.70)
Citi (C) Merges Consumer Banking Businesses in EMEA & Asia
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:42AM CDT
In line with its continued efforts to streamline operations, Citigroup Inc. (C) is reportedly merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia.
HMST: 22.85 (+0.23), FMBI: 18.67 (+0.25), C: 43.89 (+0.90), FBC: 26.53 (+0.25)
20.6% Return Seen to Date on SmarTrend Flagstar Bancorp Call (FBC)
Comtex SmarTrend(R) - Thu Jun 02, 1:52PM CDT
SmarTrend identified an Uptrend for Flagstar Bancorp (NYSE:FBC) on February 26th, 2016 at $19.94. In approximately 3 months, Flagstar Bancorp has returned 20.61% as of today's recent price of $24.05.
FBC: 26.53 (+0.25)
Flagstar Bancorp Up 20.2% Since SmarTrend Uptrend Call (FBC)
Comtex SmarTrend(R) - Thu May 26, 1:22AM CDT
SmarTrend identified an Uptrend for Flagstar Bancorp (NYSE:FBC) on February 26th, 2016 at $19.94. In approximately 3 months, Flagstar Bancorp has returned 20.21% as of today's recent price of $23.97.
FBC: 26.53 (+0.25)
Flagstar Earns Investment-Grade Ratings and Stable Outlook from Egan-Jones Ratings Company
PR Newswire - Tue May 24, 5:30AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) today announced that it has earned investment-grade ratings from the Egan-Jones Ratings Company ("EJR"
. EJR assigned a long-term corporate issuer rating of A with a stable outlook and a short-term commercial paper rating of A1 to Flagstar Bancorp, Inc. FBC: 26.53 (+0.25)
Flagstar to Audiocast Annual Meeting of Shareholders
PR Newswire - Thu May 12, 8:00AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) today announced plans to audiocast its 2016 Annual Meeting of Shareholders. The annual meeting will be held Tuesday, May 24, 2016, at 8:30 a.m. (ET) at Flagstar's national headquarters, 5151 Corporate Drive, Troy, MI 48098.
FBC: 26.53 (+0.25)
Citizens Financial (CFG) Prices $1B Senior Unsecured Notes
Zacks Equity Research - Zacks Investment Research - Wed May 11, 9:12AM CDT
Citizens Financial Group, Inc. (CFG) priced a debt offering by its wholly-owned subsidiary Citizens Bank
NWBI: 14.81 (+0.13), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41), OCFC: 18.72 (+0.05)
Goldman Eyes New Lending Strategy Amid Revenue Pressure
Zacks Equity Research - Zacks Investment Research - Mon May 02, 6:07PM CDT
The Goldman Sachs Group, Inc. (GS) seems to be seeking revenue opportunities as weak markets and stricter regulations have put a pressure on the investment bank's traditional businesses like fixed income trading
GS: 158.34 (+2.28), RJF: 54.41 (+0.91), FBC: 26.53 (+0.25), CSH: 42.64 (+0.27)
Flagstar Bancorp posts 1Q profit
Automated Insights - Tue Apr 26, 5:55AM CDT
TROY, Mich. (AP) _ Flagstar Bancorp Inc. (FBC) on Tuesday reported first-quarter profit of $39 million.
FBC: 26.53 (+0.25)
Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share
PR Newswire - Tue Apr 26, 5:30AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported first quarter 2016 net income of $39 million, or $0.54 per diluted share, as compared to $33 million in the fourth quarter 2015, or $0.44 per diluted share, and net income of $32 million in the first quarter 2015, or $0.43 per diluted share.
FBC: 26.53 (+0.25)
Flagstar Bank Receives Fannie Mae's 2015 STAR Performer Award
PR Newswire - Mon Apr 25, 7:00AM CDT
Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards(TM) (STAR(TM)) Performer for 2015 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.
FBC: 26.53 (+0.25)
Citizen Financial (CFG) Stock Moves Up on Q1 Earnings Beat
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 10:29AM CDT
Driven by higher revenues, Citizens Financial Group, Inc. (CFG) delivered a positive earnings surprise of nearly 8% in first-quarter 2016
PBCT: 15.07 (+0.23), EVER: 18.55 (+0.54), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41)
Flagstar Earns Investment-Grade Ratings and Stable Outlook From Kroll Bond Rating Agency
PR Newswire - Mon Apr 18, 3:05PM CDT
Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced that it has earned investment-grade ratings with a stable outlook from the Kroll Bond Rating Agency ("KBRA"
. KBRA assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Flagstar Bancorp, Inc. Flagstar Bank, FSB was assigned a deposit rating of BBB+, a senior unsecured debt rating of BBB+, and short-term debt and deposit ratings of K2. The outlook on all long-term ratings is stable. FBC: 26.53 (+0.25)
Washington Federal (WAFD) Q2 Earnings Beat; Stock Up 2%
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 8:10AM CDT
Shares of Washington Federal were up nearly 2% following the release of its second-quarter fiscal 2016. Earnings of 45 cents per share surpassed the Zacks Consensus Estimate of 41 cents.
PBCT: 15.07 (+0.23), FBC: 26.53 (+0.25), CFG: 22.46 (+0.41), WAFD: 25.02 (+0.25)
Flagstar Announces First Quarter 2016 Earnings Call
PR Newswire - Mon Apr 04, 11:39AM CDT
Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2016 earnings call, which will be held Tuesday, April 26, 2016, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2016 financial results, which will be released at approximately 6:30 a.m. April 26, 2016.
FBC: 26.53 (+0.25)
New Strong Sell Stocks for March 16th
Zacks Equity Research - Zacks Investment Research - Wed Mar 16, 7:29AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Wednesday
FITB: 18.96 (+0.38), CECE: 9.09 (+0.10), ALIM: 2.00 (-0.01), FBC: 26.53 (+0.25), FCFS: 50.85 (+0.19)
