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Flagstar Bancorp (Flagstar Bancorp) Asset Turnover : 0.01 (As of Sep. 2022)


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What is Flagstar Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Flagstar Bancorp's Revenue for the three months ended in Sep. 2022 was $297 Mil. Flagstar Bancorp's Total Assets for the quarter that ended in Sep. 2022 was $25,171 Mil. Therefore, Flagstar Bancorp's Asset Turnover for the quarter that ended in Sep. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Flagstar Bancorp's annualized ROE % for the quarter that ended in Sep. 2022 was 11.00%. It is also linked to ROA % through Du Pont Formula. Flagstar Bancorp's annualized ROA % for the quarter that ended in Sep. 2022 was 1.16%.


Flagstar Bancorp Asset Turnover Historical Data

The historical data trend for Flagstar Bancorp's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flagstar Bancorp Asset Turnover Chart

Flagstar Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.06 0.05

Flagstar Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.01

Competitive Comparison of Flagstar Bancorp's Asset Turnover

For the Banks - Regional subindustry, Flagstar Bancorp's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flagstar Bancorp's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Flagstar Bancorp's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Flagstar Bancorp's Asset Turnover falls into.



Flagstar Bancorp Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Flagstar Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=1511/( (31038+25483)/ 2 )
=1511/28260.5
=0.05

Flagstar Bancorp's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=297/( (24899+25443)/ 2 )
=297/25171
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Flagstar Bancorp  (NYSE:FBC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Flagstar Bancorp's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=292/2654.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(292 / 1188)*(1188 / 25171)*(25171/ 2654.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.58 %*0.0472*9.4824
=ROA %*Equity Multiplier
=1.16 %*9.4824
=11.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Flagstar Bancorp's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=292/25171
=(Net Income / Revenue)*(Revenue / Total Assets)
=(292 / 1188)*(1188 / 25171)
=Net Margin %*Asset Turnover
=24.58 %*0.0472
=1.16 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Flagstar Bancorp Asset Turnover Related Terms

Thank you for viewing the detailed overview of Flagstar Bancorp's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Flagstar Bancorp (Flagstar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5151 Corporate Drive, Troy, MI, USA, 48098-2639
Flagstar Bancorp Inc is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.
Executives
Karen Buck officer: EVP and Director of Operations 5151 CORPORATE DRIVE, TROY MI 48098
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098
Lori Jordan director 5151 CORPORATE DRIVE, TROY MI 48098
David J Matlin director
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Mp Thrift Investments L.p. 10 percent owner MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Reginald E Davis officer: EVP and President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Kristy Fercho officer: EVP and President of Mortgage 5151 CORPORATE DRIVE, TROY MI 48098
Andrew W Ottaway officer: Michigan Market President 5151 CORPORATE DRIVE, TROY MI 48098
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Patrick M Mcguirk officer: EVP and Gen Counsel 5151 CORPORATE DRIVE, TROY MI 48098
Leonard Ii Israel officer: Exec VP 5151 CORPORATE DRIVE, TROY MI 48098
Andrew Fornarola officer: EVP and Director Com Bnking FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bruce E Nyberg director FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bryan Marx officer: SVP Chief Accting Officer(PAO) 5151 CORPORATE DRIVE, TROY MI 48098