January 23, 2018 / 11:39 AM / 3 months ago

BRIEF-Flagstar Bancorp Reports Q4 Adjusted EPS Of $0.60

Jan 23 (Reuters) - Flagstar Bancorp Inc:

* FLAGSTAR REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS AND ANNOUNCES REGULATORY APPROVAL TO ACQUIRE EIGHT BRANCHES IN SOUTHERN CALIFORNIA

* Q4 LOSS PER SHARE $0.79

* Q4 EARNINGS PER SHARE VIEW $0.54 — THOMSON REUTERS I/B/E/S

* QTRLY NET INTEREST INCOME $107 MILLION VERSUS $103 MILLION IN QUARTER ENDED SEPT 30, 2017

* RECEIVED APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO ACQUIRE EIGHT DESERT COMMUNITY BANK BRANCHES FROM EAST WEST BANK

* ACQUISITION SCHEDULED TO CLOSE IN Q1 OF 2018 Source text for Eikon: Further company coverage:

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