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/PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly...
Key Highlights - Fourth Quarter 2020 Net interest income grew by $9 million with lower deposit costs and higher warehouse balances. Mortgage revenue was $232 million as fallout adjusted lock volume and gain on sale margins stayed strong. Asset quality remained solid with low levels of nonperforming loans and an industry-leading coverage ratio. Tangible book value per share reached $38.80 at year-end, representing a 36 percent increase for 2020. Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, today reported fourth quarter 2020 net income of $154 million, or $2.83 ...