(NYSE:FBC) · Flagstar Bancorp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $43.00M | $41.00M | $31.00M | $936.00M | $810.00M | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $117.00M | $117.00M | $97.00M | $73.00M | $82.00M | $49.00M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $84.00M | $76.00M | $70.00M | $56.00M | $40.00M | $32.00M |
| Operating Income | $704.00M | $704.00M | $266.00M | $232.00M | $211.00M | $258.00M |
| Interest Expense | $63.00M | $134.00M | $232.00M | $186.00M | $137.00M | $94.00M |
| Income Tax | $157.00M | $166.00M | $48.00M | $45.00M | $148.00M | $87.00M |
| Net Income | $533.00M | $538.00M | $218.00M | $187.00M | $63.00M | $171.00M |
| EPS - Basic | $10.10 | $9.59 | $3.85 | $3.26 | $1.11 | $2.71 |
| EPS - Diluted | $9.96 | $9.52 | $3.80 | $3.21 | $1.09 | $2.66 |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.05B | $623.00M | $426.00M | $408.00M | $204.00M | $158.00M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $25.48B | $31.04B | $23.27B | $18.53B | $16.91B | $14.05B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | $495.00M | $494.00M | $493.00M |
| Total Liabilities | $22.77B | $28.84B | $21.48B | $16.96B | $15.51B | $12.72B |
| Stockholders' Equity | $2.72B | $2.20B | $1.79B | $1.57B | $1.40B | $1.34B |
| Retained Earnings | $1.33B | $807.00M | $303.00M | $94.00M | ($98.00M) | ($161.00M) |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.18B) | ($8.03B) | ($17.08B) | ($23.38B) | ($25.29B) | ($16.36B) |
| Investing Cash Flow | $5.98B | $2.99B | $12.69B | $24.61B | $22.49B | $16.20B |
| Financing Cash Flow | ($4.36B) | $5.24B | $4.42B | ($1.02B) | $2.84B | $109.00M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 1637.2% | 1717.1% | 858.1% | 24.8% | 26.0% | - |
| EBITDA margin | 1832.6% | 1902.4% | 1083.9% | 30.8% | 31.0% | - |
| Net margin | 1239.5% | 1312.2% | 703.2% | 20.0% | 7.8% | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 272.1% | 285.4% | 312.9% | 7.8% | 10.1% | - |
| Effective tax rate | 22.8% | 23.6% | 18.0% | 19.4% | 70.1% | 33.7% |
| Return on assets | 2.1% | 1.7% | 0.9% | 1.0% | 0.4% | 1.2% |
| Return on equity | 19.6% | 24.4% | 12.2% | 11.9% | 4.5% | 12.8% |
| Return on invested capital | - | - | - | 9.1% | 5.6% | 9.3% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.32 | 0.35 | 0.37 |
| Debt / Assets | - | - | - | 0.03 | 0.03 | 0.04 |
| Debt / EBITDA | - | - | - | 1.72 | 1.97 | 1.70 |
| Interest coverage | 11.2x | 5.3x | 1.1x | 1.2x | 1.5x | 2.7x |
| Equity multiplier | 9.38 | 14.10 | 13.01 | 11.80 | 12.09 | 10.52 |
| Liabilities / Assets | 0.89 | 0.93 | 0.92 | 0.92 | 0.92 | 0.90 |
| Efficiency | ||||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 4.9% | 32.3% | -96.7% | 15.6% | - | - |
| Revenue CAGR (3y) | -64.2% | -63.0% | - | - | 10.1% | - |
| Revenue CAGR (5y) | - | - | -44.8% | 2.2% | 5.1% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 0.0% | 164.7% | 14.7% | 10.0% | -18.2% | 7.5% |
| Net income growth (YoY) | -0.9% | 146.8% | 16.6% | 196.8% | -63.2% | 8.2% |
| EPS growth (YoY) | 4.6% | 150.5% | 18.4% | 194.5% | -59.0% | 18.7% |
| EPS CAGR (3y) | 45.9% | 105.9% | 12.6% | 12.7% | - | -15.3% |
| EPS CAGR (5y) | 30.2% | 33.6% | - | -6.0% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 23.5% | 23.1% | 13.9% | 12.2% | 4.7% | -12.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$160.00M totalCommunity Banking Segment$119.00M · 74.4%
Mortgage Servicing$43.00M · 26.9%
Mortgage Origination Segment($2.00M) · -1.3%
Product / service
$42.00M totalDeposit Accountand Other Banking Income$22.00M · 52.4%
Interchange Fees$12.00M · 28.6%
Wealth Management$8.00M · 19.0%
Stability scores
Piotroski F-score
FY 2021 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Savings Institution, Federally Chartered
Comparing FLAGSTAR BANCORP INC against the 5 most active filers in the same SIC group.