Flagstar Bancorp, Inc. (FBC) financial statements (2021 and earlier)

Company profile

Business Address 5151 CORPORATE DRIVE
TROY, MI 48098-2639
State of Incorp. MI
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments623280227342426353319
Cash and cash equivalents623280227342426353319
Total current assets:623280227342426353319
Noncurrent Assets
Operating lease, right-of-use asset23   222121
Property, plant and equipment392410410413 417415
Intangible assets, net (including goodwill), including:157160164167170174178
Other undisclosed intangible assets, net (including goodwill)157160164167170174178
Total noncurrent assets:572570574580192612614
Other undisclosed assets29,84328,62626,66725,88322,64821,08319,273
TOTAL ASSETS:31,03829,47627,46826,80523,26622,04820,206
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt3,9002,2263,3545,8414,1652,3292,600
Total current liabilities:3,9002,2263,3545,8414,1652,3292,600
Noncurrent Liabilities
Other undisclosed liabilities24,93725,05522,14319,12217,31317,98515,950
Total liabilities:28,83727,28125,49724,96321,47820,31418,550
Stockholders' equity
Stockholders' equity attributable to parent, including:2,2012,1951,9711,8421,7881,7341,656
Additional paid in capital1,3461,4931,4881,4871,4831,4811,477
Accumulated other comprehensive income (loss)4746463115(8)
Retained earnings807655436323303247186
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:2,2012,1951,9711,8421,7881,7341,656
TOTAL LIABILITIES AND EQUITY:31,03829,47627,46826,80523,26622,04820,206

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues429536483272194317306
Gain on disposition of assets for financial service operations23234630390 11075
Net investment income197190180182 186178
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(1)(32)(102)(14) (1)(17)
Gross profit:428504381258194316289
Operating expenses(36)(24)(38)(31)(30)(29)(27)
Operating income:392480343227164287262
Interest and debt expense(22)(26)(33)(53)(61)(57)(60)
Other undisclosed loss from continuing operations before equity method investments, income taxes(165)(159)(162)(118)(34)(152)(127)
Income from continuing operations before income taxes:20529514856697875
Income tax expense(51)(73)(32)(10)(11)(15)(14)
Net income available to common stockholders, diluted:15422211646586361

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:15422211646586361
Comprehensive income:15422211646586361
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1 1530(4)1323
Comprehensive income, net of tax, attributable to parent:15522213176547684

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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