(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 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $25.00M | $26.00M | $25.00M | - | $23.00M | $26.00M | $57.00M | - | $21.00M | $34.00M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $92.00M | $77.00M | $68.00M | - | $295.00M | $190.00M | $194.00M | - | $295.00M | $148.00M |
| Interest Expense | $35.00M | $16.00M | $12.00M | - | $14.00M | $15.00M | $19.00M | - | $26.00M | $33.00M |
| Income Tax | $19.00M | $17.00M | $15.00M | - | $46.00M | $43.00M | $45.00M | - | $73.00M | $32.00M |
| Net Income | $73.00M | $60.00M | $53.00M | - | $152.00M | $147.00M | $149.00M | - | $222.00M | $116.00M |
| EPS - Basic | $1.36 | $1.13 | $0.99 | - | $2.87 | $2.78 | $2.83 | - | $3.90 | $2.04 |
| EPS - Diluted | $1.35 | $1.12 | $0.99 | - | $2.83 | $2.74 | $2.80 | - | $3.88 | $2.03 |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $418.00M | $435.00M | $405.00M | $1.05B | $149.00M | $345.00M | $449.00M | $623.00M | $280.00M | $227.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $25.44B | $24.90B | $23.24B | $25.48B | $27.04B | $87.00B | $29.45B | $31.04B | $29.48B | $27.47B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $22.83B | $22.21B | $20.51B | $22.77B | $24.40B | $24.57B | $27.09B | $28.84B | $27.28B | $25.50B |
| Stockholders' Equity | $2.62B | $2.69B | $2.73B | $2.72B | $2.65B | $2.50B | $2.36B | $2.20B | $2.19B | $1.97B |
| Retained Earnings | $1.50B | $1.43B | $1.38B | $1.33B | $1.24B | $1.10B | $953.00M | $807.00M | $655.00M | $436.00M |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $1.23B | - | - | - | ($320.00M) | - | - | - |
| Investing Cash Flow | - | - | $679.00M | - | - | - | $1.98B | - | - | - |
| Financing Cash Flow | - | - | ($2.52B) | - | - | - | ($1.84B) | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 20.7% | 22.1% | 22.1% | - | 23.2% | 22.6% | 23.2% | - | 24.7% | 21.6% |
| Return on assets | 0.3% | 0.2% | 0.2% | - | 0.6% | 0.2% | 0.5% | - | 0.8% | 0.4% |
| Return on equity | 2.8% | 2.2% | 1.9% | - | 5.7% | 5.9% | 6.3% | - | 10.1% | 5.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 2.6x | 4.8x | 5.7x | - | 21.1x | 12.7x | 10.2x | - | 11.3x | 4.5x |
| Equity multiplier | 9.73 | 9.25 | 8.50 | 9.38 | 10.22 | 34.83 | 12.49 | 14.10 | 13.43 | 13.94 |
| Liabilities / Assets | 0.90 | 0.89 | 0.88 | 0.89 | 0.90 | 0.28 | 0.92 | 0.93 | 0.93 | 0.93 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | 0.00 | - | - | - | - | - | - | - | - |
| 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) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -68.8% | -59.5% | -64.9% | - | 0.0% | 28.4% | 246.4% | - | 278.2% | 97.3% |
| Net income growth (YoY) | -52.0% | -59.2% | -64.4% | - | -31.5% | 26.7% | 223.9% | - | 252.4% | 90.2% |
| EPS growth (YoY) | -52.3% | -59.1% | -64.6% | - | -27.1% | 35.0% | 250.0% | - | 249.5% | 91.5% |
| EPS CAGR (3y) | 6.7% | 1.9% | 16.3% | - | 50.5% | 47.7% | 67.1% | - | 77.0% | 41.9% |
| EPS CAGR (5y) | 14.0% | 9.5% | 16.6% | - | 24.1% | 32.9% | 39.0% | - | 41.3% | 24.5% |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.1% | 7.8% | 15.9% | 23.5% | 20.5% | 26.7% | 28.0% | 23.1% | 26.6% | 19.0% |
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%
Peer comparison
Same SIC group: Savings Institution, Federally Chartered
Comparing FLAGSTAR BANCORP INC against the 5 most active filers in the same SIC group.