FLAGSTAR BANK, NATIONAL ASSOCIATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.8M | $32.7M | $618.8M | $1.34B | $1.39B | $1.46B | $1.44B | $1.52B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $178.6M | $187.6M | $170.5M | $173.3M | $181.3M | $206.2M | $194.4M | $183.3M |
| Operating Income | $1.12B | $1.16B | $1.15B | $1.32B | $1.29B | $1.41B | $1.40B | $1.57B |
| Operating Margin | 3,528.0% | 3,565.3% | 186.1% | 98.1% | 93.0% | 96.9% | 97.6% | 103.5% |
| Interest Expense | $452.2M | $387.5M | $1.28B | $542.7M | $541.5M | $631.1M | $666.2M | $733.8M |
| Pretax Income | $668.2M | $777.1M | $-132.0M | $773.1M | $747.1M | $780.9M | $734.6M | $837.5M |
| Income Tax Expense | $202.0M | $281.7M | $-84.9M | $287.7M | $271.6M | $279.8M | $254.5M | $296.5M |
| Net Income | $466.2M | $495.4M | $-47.2M | $485.4M | $475.5M | $501.1M | $480.0M | $541.0M |
| Net Margin | 1,467.9% | 1,516.6% | -7.6% | 36.2% | 34.3% | 34.4% | 33.4% | 35.6% |
| EPS (Basic) | $0.90 | $1.01 | $-0.11 | $1.09 | $1.08 | $1.13 | $1.09 | $1.24 |
| EPS (Diluted) | $0.90 | $1.01 | $-0.11 | $1.09 | $1.08 | $1.13 | $1.09 | $1.24 |
| Shares Outstanding (Basic) | 487.1M | 485.2M | 449.0M | 441.0M | 439.3M | 437.7M | 436.0M | 433.7M |
| Shares Outstanding (Diluted) | 487.1M | 485.2M | 449.0M | 441.0M | 439.3M | 437.7M | 436.1M | 434.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |