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Profile - Flagstar Bancorp, Inc. (NYSE:FBC)
As of 31-Aug-2001
Enter symbol:
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More Info: Quote | Chart | News | Profile | Research | Insider
Recent Events
Aug 24Price hit new 52-week high ($27.00)
July 31Dividend payment of $0.047
Location
5151 Corporate Drive
Troy, MI 48098
Phone: (248) 312-2000
Fax: (248) 338-7704
Employees (last reported count): 1,894
Financial Links
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: S&Ls/Savings Banks
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 70%
·Over the last 6 months:
 · 10 insider sells; 300.0K shares
  (2.3% of insider shares)
·Institutional: 26% (86% of float)
(94 institutions)
·Net Inst. Buying: 1.23M shares (+20.37%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Flagstar Bancorp, Inc. is the holding company for Flagstar Bank, FSB, a federally chartered stock savings bank. Through its retail banking centers and e-commerce distribution channels, the Company attracts deposits from the general public. The Company utilizes these deposits, along with other funds garnered from the secondary market, to originate or acquire loans on a nationwide basis. In addition, but to a lesser extent, the Company provides warehousing lines of credit on a nationwide basis, and originates commercial real estate loans, consumer loans and non-real estate commercial loans within its retail market area. The Company also services mortgage loans located throughout the United States. As of December 31, 2000, the Company conducted its retail lending operations from 52 retail banking centers and 42 loan origination centers located in Michigan, Florida, Ohio and California.
More from Market Guide: Expanded Business Description

Financial Summary
FBC, is a MI based holding company for Flagstar Bank, FSB, which provides mortgage and retail banking services. For the six months ended 6/01, total interest income rose 29% to $220.6 million. Net interest income after loan prov. rose 2% to $37.4 million. Net income totalled $27.4 million, up from $12.4 million. Net interest income reflects increased average earning assets, partially offset by a higher loan provision. Net income reflects increased gains from the sale of loans.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Thomas Hammond, 57
Chairman and CEO of the Company and the Bank
$1.4M
Mark Hammond, 35
Vice Chairman, Pres of the Company and the Bank
1.0M
Michael Carrie, 46
CFO, Exec. VP of the Company and the Bank, Director
308K
Joan Anderson, 50
Exec. VP of the Company and the Bank, Director
256K
Kirstin Hammond, 34
Exec. VP of the Company and the Bank
238K
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:FBCAs of 31-Aug-2001
Price and Volume
52-Week Low
on 19-Oct-2000
$7.083
Recent Price$21.98 
52-Week High
on 24-Aug-2001
$27.00 
Beta0.47 
Daily Volume (3-month avg)89.0K
Daily Volume (10-day avg)132.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y]
52-Week Change+174.8%
52-Week Change
relative to S&P500
+268.6%
Share-Related Items
Market Capitalization$408.4M
Shares Outstanding18.6M
Float5.60M
Dividends & Splits
Annual Dividend (indicated)$0.19 
Dividend Yield0.85%
Last Split: 3 for 2 on 13-July-2001
Per-Share Data
Book Value (mrq)$12.42 
Earnings (ttm)$2.29 
Earnings (mrq)$0.83 
Sales (ttm)$22.59 
Cash (mrq)$11.01 
Valuation Ratios
Price/Book (mrq)1.77 
Price/Earnings (ttm)9.62 
Price/Sales (ttm)0.97 
Income Statements
Sales (ttm)$431.0M
EBITDAN/A 
Income available to common (ttm)$43.9M
Profitability
Profit Margin (ttm)10.2%
Operating Margin (ttm)18.9%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)0.75%
Return on Equity (ttm)21.74%
Financial Strength
Current RatioN/A 
Debt/EquityN/A 
Total Cash (mrq)$202.3M
Short Interest
As of 8-Aug-2001
Shares Short137.0K
Percent of Float2.4%
Shares Short
(Prior Month)
45.0K
Short Ratio1.43 
Daily Volume96.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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