Wedbush downgraded Flagstar Bancorp from Outperform to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2022 | $64.00 → $44.00 | Buy → Neutral | B. Riley Securities |
| 6/3/2022 | $52.25 → $44.00 | Outperform → Mkt Perform | Keefe Bruyette |
TROY, Mich., Dec. 21, 2020 /PRNewswire/ -- Flagstar Bancorp today announced the appointment of Toan Huynh and Lori Jordan to its board of directors, keeping a promise made in July to further diversify its board by adding women of color. Both will also serve on the board of Flagstar Bank, the wholly owned subsidiary of the corporation. Toan Huynh Lori Jordan Huynh is an independent director of Bankers Financial Corporation and a seasoned cloud and digital leader with over 20 years' experience in various industries designing and implementing digital transformation programs. Jordan is currently with Amazon.com, Inc., where she is strategic product leader fo
B. Riley Securities downgraded Flagstar Bancorp from Buy to Neutral and set a new price target of $44.00 from $64.00 previously
Keefe Bruyette downgraded Flagstar Bancorp from Outperform to Mkt Perform and set a new price target of $44.00 from $52.25 previously
Raymond James downgraded Flagstar Bancorp from Strong Buy to Market Perform
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SC 13G/A - FLAGSTAR BANCORP INC (0001033012) (Subject)
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S-8 POS - FLAGSTAR BANCORP INC (0001033012) (Filer)
NEW YORK, Nov. 28, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 1: Nexstar Media Group Inc. (NASD:NXST) will replace Sabre Corp. (NASD:SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp Inc. (NYSE:FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp Inc. (NYSE:NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space.S&P SmallCap 600 constituent PBF Energy Inc. (NYSE:PBF) will replac
HICKSVILLE, N.Y. and TROY, Mich., Nov. 7, 2022 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company" or "NYCB") and Flagstar Bancorp, Inc. (NYSE:FBC) ("Flagstar") today announced that NYCB has received regulatory approval from the Federal Reserve Board (the "FRB") to complete its previously announced acquisition of Flagstar Bancorp, Inc. ("Flagstar"). On October 28, 2022, NYCB and Flagstar announced the receipt of regulatory approval from the Office of the Comptroller of the Currency to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A. and to merge New York Community Bank into Flagstar Bank, N.A. With the FRB approval, no further regulat
TROY, Mich., Oct. 28, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE:FBC), the holding company for Flagstar Bank, FSB, today announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022. About Flagstar Flagstar Bancorp, Inc. (NYSE:FBC) is a $25.4 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 1
TROY, Mich., Oct. 28, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE:FBC), the holding company for Flagstar Bank, FSB, today announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022. About Flagstar Flagstar Bancorp, Inc. (NYSE:FBC) is a $25.4 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 1
Key Highlights - Third Quarter 2022 Generated adjusted net income of $75 million, or $1.41 per diluted share, excluding merger-related costs.Expanded net interest margin by 29 basis points to 3.98 percent for the quarter and 4.07 percent for September.Grew average commercial loans, excluding warehouse loans, by 15 percent compared to the second quarter.Yielded an annualized 12 percent return on our mortgage servicing rights asset.Produced a 1.2 percent return on assets.Reduced noninterest expense by $20 million and improved the efficiency ratio by 8 percent.Maintained strong asset quality with no nonperforming commercial loans.TROY, Mich., Oct. 26, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc.
TROY, Mich., Oct. 26, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE:FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable November 17, 2022, to shareholders of record at the close of business November 7, 2022. About FlagstarFlagstar Bancorp, Inc. (NYSE:FBC) is a $25.4 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale netw
NEW YORK, November 28, 2022: S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 1: • Nexstar Media Group Inc. (NASD:NXST) will replace Sabre Corp. (NASD:SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp Inc. (NYSE:FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp Inc. (NYSE:NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space. • S&P SmallCap 600 constituent PBF Energy Inc. (NYSE:PBF) will replace Nu S
On CNBC’s “Halftime Report Final Trades,” Joseph Terranova of Virtus Investment Partners recommended buying shares of Seagen Inc. (NASDAQ:SGEN). Benzinga data shows analysts have an Outperform consensus rating on SGEN. Jenny Harrington of Gilman Hill Asset Management named New York Community Bancorp, Inc. (NYSE:NYCB), saying that after receiving approval from the OCC to merge with Flagstar Bancorp Inc (NYSE:FBC), the merger date has been extended until Dec. 31, as they are waiting for FRB approval. She added, however, that the merger is “finally going smoothly.” There is a 7.3% yield and a “really safe 68 cent dividend,” Harrington mentioned. Check out other stocks making moves in the prem