Flagstar Bank - M&A Summary and Business Overview

Financial ServicesCompany

Flagstar Bank M&A Summary

Flagstar Bank has acquired 2 companies. It has also divested 2 assets.

It’s largest disclosed sale occurred in 2024, when it sold Flagstar Bank - Mortgage Serving Business to Mr. Cooper Group for $1.3B. Flagstar Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Flagstar Bank Business Overview

Where is Flagstar Bank headquartered?

Flagstar Bank is headquartered in Troy, Michigan.

What is Flagstar Bank’s revenue?

Flagstar Bank disclosed revenue of 1,680M USD for 2020 and 981M USD for 2019.

How many employees does Flagstar Bank have?

Flagstar Bank has 4,641 employees.

What sector is Flagstar Bank in?

Flagstar Bank is a financial services company.

When was Flagstar Bank founded?

Flagstar Bank was founded in 1987.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 1

Flagstar Bank

Flagstar Bancorp, Inc.

5151 Corporate Drive,
Troy, Michigan 48098
United States,
(248) 312-2000
www.flagstar.com

Flagstar Bank is a savings and loan holding company that primarily originates or purchases residential mortgage loans throughout the US and sells them into securitization pools, primarily to Fannie Mae, Freddie Mac, and Ginnie Mae or as whole loans. In addition, Flagstar originates or purchases residential first mortgage loans, consumer loans, commercial loans and warehouse loans included in held-for-investment loan portfolios. Flagstar Bancorp was originally established in 1987 and is based in Troy, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
Sell (0.2/yr) # 1 - - - - 1 2
vol $1.3B $1.3B
  4

Most Recent M&A

Company Date Value Type
Flagstar Bank - Mortgage Serving Business 2024-11-01 1.3B USD Divestiture
Troy, Michigan
Opes Advisors, Inc. 2017-04-03 - Add-on Acquisition
Palo Alto, California · www.opesadvisors.com
Stearns Lending - Delegated Correspondent Business 2017-02-06 - Divestiture
Santa Ana, California
Flagstar Bank, FSB, 22 Retail Banking Branches 2011-08-16 - Divestiture
, Indiana
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (100%) - 2 (100%) 1.3B (100%)
Total 2 - 2 $1.3B

By Geo

State/Country Buy Value Sell Value
United States 2 - 2 1.3B
  California 2 - - -
  Michigan - - 1 1.3B
  Indiana - - 1 -
Total 2 - 2 $1.3B

Top M&A Advisors

Legal Deals
BuckleySandler LLP
 2

Deal Values

sell # Total
> $1B 1 $1.3B
TOTAL $1.3B
Largest Flagstar Bank - Mortgage Serving Business
$1.3B (2024-11-01)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Financial Services

Revenue

1,680   72% 2020
981   24% 2019
797   10% 2018
731   5% 2017
700   2016
(millions of USD) Show More Show Less

Employees

4,641

Established

1987

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