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Flagstar Bancorp: Q1 Earnings Snapshot

April 27, 2022 GMT

TROY, Mich. (AP) _ Flagstar Bancorp Inc. (FBC) on Wednesday reported first-quarter earnings of $53 million.

The Troy, Michigan-based company said it had net income of 99 cents per share. Earnings, adjusted for non-recurring costs, came to $1.02 per share.

The holding company for Flagstar Bank posted revenue of $337 million in the period. Its adjusted revenue was $325 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBC at https://www.zacks.com/ap/FBC