Flagstar Bancorp: Q3 Earnings Insights

Flagstar Bancorp FBC reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Flagstar Bancorp beat estimated earnings by 13.71%, reporting an EPS of $1.41 versus an estimate of $1.24.

Revenue was up $24.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 3.92% increase in the share price the next day.

Here's a look at Flagstar Bancorp's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.08 1.39 1.62 1.85
EPS Actual 1.17 1.02 1.69 2.94
Revenue Estimate 193.30M 172.63M 182.65M 180.20M
Revenue Actual 193.00M 165.00M 181.00M 195.00M

To track all earnings releases for Flagstar Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!