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Flagstar Bancorp Inc (FBC)

FBC on New York Consolidated

27.72USD
23 Sep 2016
Change (% chg)

$-0.31 (-1.11%)
Prev Close
$28.03
Open
$27.08
Day's High
$27.90
Day's Low
$27.08
Volume
216,018
Avg. Vol
165,919
52-wk High
$28.26
52-wk Low
$17.25

Latest Key Developments (Source: Significant Developments)

Flagstar reports Q2 earnings per share of $0.66
Tuesday, 26 Jul 2016 06:30am EDT 

Flagstar Bancorp Inc : Qtrly net interest income $77 million versus $73 million . Flagstar reports second quarter 2016 net income of $47 million, or $0.66 per diluted share . Q2 earnings per share $0.66 .Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.  Full Article

Flagstar Bancorp prices offering of $250 mln of 6.125% senior notes
Wednesday, 29 Jun 2016 05:18pm EDT 

Flagstar Bancorp Inc :Pricing of its previously announced offering of $250 million in aggregate principal amount of its 6.125% senior notes due 2021.  Full Article

Flagstar Bancorp says redemption of TARP preferred stock
Wednesday, 29 Jun 2016 05:08pm EDT 

Flagstar Bancorp Inc : Flagstar Bancorp Inc says redemption of TARP preferred stock . Flagstar Bancorp Inc says to redeem $267 million of its fixed rate cumulative perpetual preferred stock, series c . Redemption price for TARP preferred will be stated liquidation preference amount of $1,000 per share, plus accrued and unpaid dividends .Flagstar Bancorp Inc says total aggregate redemption price of shares of TARP preferred will be approximately $371 million.  Full Article

Flagstar announces pricing of $250 million senior notes
Wednesday, 29 Jun 2016 05:05pm EDT 

Flagstar Bancorp Inc : Flagstar announces pricing of $250 million senior notes . Pricing of its previously announced offering of $250 million in aggregate principal amount of its 6.125% senior notes due 2021 .Flagstar announces pricing of $250 million senior notes.  Full Article

Flagstar Bancorp receives regulatory approval to redeem TARP preferred stock
Monday, 27 Jun 2016 06:30am EDT 

Flagstar Bancorp Inc : Flagstar receives regulatory approval to redeem TARP preferred stock . Received written non-objection from Federal Reserve Bank Of Chicago to redeem $267 million of its fixed rate cumulative perpetual preferred stock, series C . Intends to finance redemption using senior debt securities, internally generated sources, including a $200 million dividend from Flagstar Bank . No equity offering for this redemption is contemplated .Will pay about $31 million of deferred interest on 9 series of TRUPS issued by trusts controlled by company.  Full Article

Flagstar Bancorp Inc announces change in registrant’s certifying accountant - Form 8-K
Friday, 20 Mar 2015 09:20am EDT 

Flagstar Bancorp Inc:Approves PricewaterhouseCoopers LLP as its new independent registered public accounting firm as of Oct. 24 for the fiscal year ending Dec. 31.Previously, company also reported that on Oct. 24, 2014 the Audit Committee had also approved the dismissal of Baker Tilly Virchow Krause, LLP as the Company’s independent registered public accounting firm.Effective as of the date of Baker Tilly’s completion of audit services for the year ending Dec. 31, 2014, and filing of the Company’s Annual Report on Form 10-K.Appointment of PwC was pending completion of such audit services by Baker Tilly, which has now occurred.  Full Article

BRIEF-Flagstar reports Q2 earnings per share of $0.66

* Flagstar reports second quarter 2016 net income of $47 million, or $0.66 per diluted share