Comment Print Reprint Email

Flagstar Bancorp CEO Discusses Q2 2012 Results - Earnings Call Transcript

BY Seeking Alpha | 07/18/12 - 05:53 PM EDT

Stock quotes in this article: FBC

Comment

Link

Find out if (FBC) is in Cramer's Portfolio.

Flagstar Bancorp, Inc. (FBC)

Q22012 Earnings Call

July 18, 2012 11:00 am ET

Executives

Paul Borja - Executive Vice President, Chief Financial Officer

Joseph Campanelli – Chairman, President and Chief Executive Officer

Matthew Kerin - Executive Vice President, Managing Director, Mortgage Banking and Warehouse

Mike Maher – Executive Vice President, Chief Accounting Officer

Analysts

Bose George – KBW

Jay Gohil - Market Group

Presentation

Operator

Compare to:
Previous Statements by FBC
» Flagstar Bancorp's CEO Discusses Q1 2012 Results - Earnings Call Transcript
» Flagstar Bancorp's CEO Discusses Q4 2011 Results - Earnings Call Transcript
» Flagstar Bancorp CEO Discusses Q3 2011 Results - Earnings Call Transcript
» Flagstar Bank CEO Discusses Q2 2011 Results - Earnings Call Transcript

Good day and welcome to the Flagstar Bancorp second quarter earnings conference call. Today’s call is being recorded. At this time, I would like to turn the call over to Paul Borja, CFO. Please go ahead, sir.

Paul Borja

Thank you and good morning, everyone. I would like to welcome to our second quarter 2012 earnings call. My name is Paul Borja and I am the Chief Financial Officer of Flagstar Bank.

Before we begin our comment, I would like to remind you that the presentation today may contain forward looking statements regarding both our financial condition and our financial results. These statements involve certain risks that may cause actual results in the future to be different from our current expectations. These factors include among other things, changes in economic conditions, changes in interest rates and competitive pressures within the financial services industry as well as legislative or regulatory requirements that may affect our businesses.

For additional factors, we urge you to review the press release we issued last night. Our SEC documents, such as our most recently filed Form 10-K and Form 10-Q as well as the legal disclaimer on page two of our earnings call slides that we have posted on our investor relations page at flagstar.com this morning.

1 2 3 Next › Last »

Select the service that is right for you!

COMPARE ALL SERVICES

Action Alerts PLUS

TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Real Money

TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:

100+ monthly options trading ideas
Actionable options commentary & news
Real-time trading community
Options TV

To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.