Flagstar Bank, National Association Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 63.00M102.90M100.42M62.99M30.76M-18.59M-15.00M4.18M37.24M18.26M7.00M62.00M3.00M139.00M833.00M1,101.00M
Revenue 298.31M336.74M556.82M484.98M451.23M411.50M618.84M32.66M31.76M29.77M29.00M22.00M23.00M27.00M5,764.00M1,052.00M
Interest income
Interest income - Loans 1,325.60M1,669.87M1,638.65M1,597.50M1,487.66M1,414.88M1,441.46M1,472.02M1,417.24M1,467.94M1,553.00M1,542.00M1,525.00M1,848.00M4,509.00M4,369.00M
Interest income - Investments 245.45M197.45M178.44M155.26M140.14M137.09M131.28M72.84M380.00M335.00M580.00M67.00M
Interest Income - Debt Securities 309.01M243.92M228.01M193.60M220.44M268.18M250.12M202.85M165.00M221.73M252.00M166.00M164.00M244.00M982.00M1,584.00M
Interest Income - Total 1,634.61M1,913.79M1,866.66M1,791.10M1,708.10M1,683.07M1,691.58M1,674.87M1,582.24M1,689.67M1,805.00M1,708.00M1,689.00M2,092.00M5,491.00M5,953.00M
Interest expenses
Interest Expense - Deposits 163.17M138.72M102.40M93.88M83.81M74.51M62.91M76.88M102.36M182.38M320.00M217.00M55.00M97.00M646.00M1,362.00M
Interest Expense - Debt 516.47M517.29M509.07M486.91M399.84M392.97M1,123.36M216.46M222.45M279.33M318.00M302.00M286.00M313.00M656.00M1,225.00M
Interest Expense - Fed Funds 0.06M0.23M1.10M1.50M2.70M0.42M0.01M1.00M18.00M14.00M10.00M
Interest Expense - Others 39.28M36.61M35.88M39.51M
Interest Expenses 729.29M733.83M666.24M631.08M541.48M542.71M1,283.51M387.49M452.24M658.68M848.00M608.00M400.00M696.00M2,414.00M3,801.00M
Interest Income - Net 905.33M1,179.96M1,200.42M1,160.02M1,166.62M1,140.35M408.07M1,287.38M1,130.00M1,030.99M957.00M1,100.00M1,289.00M1,396.00M3,077.00M2,152.00M
Non-interest income
Interest Income - Total 842.33M1,077.06M1,100.00M1,097.03M1,135.86M1,158.94M423.08M1,283.20M1,092.76M1,012.74M950.00M1,038.00M1,286.00M1,263.00M2,244.00M1,060.00M
Financial Services Fees 23.00M27.00M172.00M150.00M
Service Charges 40.07M54.58M44.87M38.35M38.18M36.59M34.06M32.66M31.76M
Investment Gain (Loss) 0.34M22.43M36.61M-2.31M21.04M14.03M26.13M15.81M29.92M-1.99M7.72M-2.00M-1.00M
Investment Banking Income 10.47M137.36M80.30M193.23M50.88M24.07M65.65M57.40M87.30M0.11M-0.07M1.00M5.00M89.00M89.00M
Mortgage Banking 12.13M183.88M80.67M178.64M78.28M62.95M54.11M27.28M19.34M
Trading Income 0.32M-1.99M8.00M1.00M-2.00M
Other Non-Interest Income 27.41M33.78M35.45M35.74M41.80M75.97M74.20M41.61M45.66M35.53M28.00M32.00M29.00M32.00M126.00M313.00M
Non-Interest Income 157.64M337.92M235.32M297.35M218.83M201.59M210.76M145.57M216.88M91.56M84.00M61.00M61.00M247.00M2,687.00M552.00M
Operating Items
Amortization - Intangibles 22.81M31.27M26.07M19.64M15.78M8.30M5.34M2.39M0.21M5.00M126.00M
Wages, Salaries and Other 184.69M274.86M293.34M296.87M313.20M306.85M342.62M352.01M363.70M317.50M302.00M301.00M303.00M354.00M1,149.00M
Selling, General & Administrative 125.59M183.31M194.44M206.22M181.33M173.31M170.54M187.56M178.56M129.03M120.00M124.00M127.00M158.00M750.00M
Rent Expense 73.72M88.07M86.90M90.74M97.25M99.02M102.44M98.54M98.96M100.11M89.00M86.00M88.00M92.00M200.00M
Restructuring Costs 23.00M75.00M330.00M
Other Operating Expenses 207.50M306.13M319.41M316.52M328.98M315.14M492.88M365.55M363.91M317.50M302.00M301.00M1,207.00M804.00M819.00M2,596.00M
Operating Expenses 406.81M577.51M600.75M613.48M607.56M587.47M765.86M651.65M641.43M546.63M511.00M511.00M541.00M604.00M2,099.00M2,596.00M
Operating Income 207.60M293.12M257.10M273.32M261.49M270.57M-46.20M272.00M233.88M117.11M110.00M123.00M169.00M174.00M
EBIT 207.60M293.12M257.10M273.32M261.49M270.57M-46.20M272.00M233.88M117.11M110.00M123.00M169.00M174.00M2,364.00M2,423.00M
Non-operating items
Other Non Operating Income 10.05M3.01M-2.31M-141.21M159.00M2,131.00M
Net income details
EBT 593.15M837.47M734.58M780.91M747.13M773.07M-132.01M777.13M668.22M557.67M523.00M588.00M806.00M826.00M-50.00M-1378.00M
Tax Provisions 209.14M296.45M254.54M279.80M271.58M287.67M-84.86M281.73M202.01M135.25M128.00M-143.00M210.00M176.00M29.00M-260.00M
Profit After Tax 398.65M541.02M480.04M501.11M475.55M485.40M-47.16M495.40M466.20M422.42M395.00M511.00M596.00M650.00M-79.00M-1118.00M
Equity Income 83.88M50.00M168.00M251.00M196.00M-578.00M-1086.00M
Income from Continuing Operations 384.01M541.02M480.04M501.11M475.55M485.40M-47.16M495.40M466.20M422.42M395.00M731.00M596.00M650.00M-79.00M-1118.00M
Consolidated Net Income 384.01M541.02M480.04M501.11M475.55M485.40M-47.16M495.40M466.20M422.42M395.00M731.00M596.00M650.00M-79.00M-1118.00M
Income towards Parent Company 384.01M541.02M480.04M501.11M475.55M485.40M-47.16M495.40M466.20M422.42M395.00M731.00M596.00M650.00M-79.00M-1118.00M
Preferred Dividend Payments 24.62M32.83M33.00M33.00M33.00M33.00M33.00M
Net Income towards Common Stockholders 384.01M541.02M480.04M501.11M475.55M485.40M-47.16M495.40M441.58M389.59M362.00M478.00M563.00M617.00M-112.00M-1118.00M
Additional items
EPS (Basic) 1.131.241.091.131.081.09-0.111.010.900.790.771.021.201.26-0.16-2.69
EPS (Weighted Average and Diluted) 1.131.241.091.131.081.09-0.111.010.900.790.771.021.201.26-0.16
Shares Outstanding (Weighted Average) 119.42M145.20M145.80M146.37M146.96M147.55M161.65M162.35M163.02M163.45M155.78M154.63M155.01M155.38M
EBITDA 436.65M545.23M453.82M511.31M500.76M466.20M-48.49M495.71M507.75M349.93M449.85M518.47M536.00M115.00M-58.00M
Tax Rate 35.26%35.40%34.65%35.83%36.35%37.21%64.28%36.25%30.23%24.25%24.47%26.05%21.31%18.87%