Shares of Flagstar Bancorp (NYSE:FBC) were flat in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 249.55% year over year to $3.88, which beat the estimate of $2.32.
Revenue of $180,000,000 up by 23.29% from the same period last year, which beat the estimate of $174,680,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Oct 21, 2020
Time: 11:00 AM
ET Webcast URL: http://investors.flagstar.com/event
Recent Stock Performance
52-week high: $40.00
52-week low: $16.76
Price action over last quarter: Up 4.16%
Company Profile
Headquartered in Troy, Mich., Flagstar is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.
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