Flagstar Bancorp Reports Second Quarter 2022 Net Income of $60 Million, or $1.12 Per Diluted Share

Key Highlights - Second Quarter 2022

TROY, Mich., July 27, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, today reported second quarter 2022 net income of $60 million, or $1.12 per diluted share, compared to first quarter 2022 net income of $53 million, or $0.99 per diluted share, and second quarter 2021 net income of $147 million, or $2.74 per diluted share. On an adjusted basis, Flagstar reported net income of $63 million, or $1.17 per diluted share, for the second quarter 2022.