23.04.2014 02:27:16
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Flagstar Bancorp Posts Q1 Loss - Quick Facts
(RTTNews) - Flagstar Bancorp Inc. (FBC) Tuesday reported first-quarter loss of $78.9 million or $1.51 per share, compared to $22.2 million or $0.33 per share in the same period last year.
On average, four analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.
Net-interest income increased to $58.2 million from $55.7 million last year. Net-interest margin was 3.05 percent, compared to 1.80 percent last year. Non-interest income totaled $75.0 million, down from $113.1 million last year.
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