-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V26On7qROICeHL4iUxA7PW02dNM6EiIq2CeCiOvoBtC5/F6SG8NCIVA5JPdHO7gi s9S3866rytrYNlihXE7y2Q== 0000950124-03-002285.txt : 20030709 0000950124-03-002285.hdr.sgml : 20030709 20030709152357 ACCESSION NUMBER: 0000950124-03-002285 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030703 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLAGSTAR BANCORP INC CENTRAL INDEX KEY: 0001033012 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 383150651 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16577 FILM NUMBER: 03780099 BUSINESS ADDRESS: STREET 1: 2600 TELEGRAPH ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48032-0953 BUSINESS PHONE: 8103387700 MAIL ADDRESS: STREET 1: 2600 TELEGRAPH ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48302 8-K 1 k78146e8vk.txt CURRENT REPORT DATED JULY 3, 2003 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 3, 2003 FLAGSTAR BANCORP, INC. ---------------------- (Exact name of Registrant as specified in its charter) Michigan 0-22353 38-3150651 -------- ------- ---------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) 5151 Corporate Drive, Troy, Michigan 48098 ------------------------------------------ (Address of principal executive offices) (248) 312-2000 -------------- Registrant's telephone number, including area code Not Applicable -------------- (Former Name or former address, if changed since last report) Item 12. Results of Operations and Financial Conditions (provided under "Item 9. Regulation FD Disclosure"). Pursuant to Securities and Exchange Commission Release No. 33-8216, dated March 27, 2003, the information provided herein is being furnished under Item 12 of Form 8-K. The information required by Item 12 is being provided under Item 9 pursuant to SEC interim filing guidance provided in SEC press release No. 2003-41. On July 3, 2003, the Company issued a press release, which updated its projected earnings for the quarter ended June 30, 2003. In the press release, the Company announced that it expected its earnings for the quarter ended June 30, 2003 to exceed $1.10 per share, which was 28% higher than the consensus quarterly earnings estimate of $0.86 per share, as reported in First Call. The projected earnings of $1.10 per share would represent a 67% increase over the $0.66 earnings per share for the first quarter of 2003. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Such information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized. FLAGSTAR BANCORP, INC. Date: July 9, 2003 By: /s/ Michael W. Carrie ----------------------------------- Michael W. Carrie Executive Director, Chief Financial Officer and Treasurer (Duly Authorized Representative) 8-K EXHIBIT INDEX EXHIBIT NO. DESCRIPTION EX-99.1 Press Release Dated July 3, 2003 EX-99.1 3 k78146exv99w1.txt PRESS RELEASE DATED JULY 9, 2003 EXHIBIT 99.1 NEWS RELEASE FOR MORE INFORMATION CONTACT: Michael W. Carrie Executive Director and Chief Financial Officer (248) 312-2000 FOR IMMEDIATE RELEASE FLAGSTAR EXPECTS QUARTERLY EARNINGS UP OVER 67% TROY, Mich. (July 3, 2003) - Flagstar Bancorp (NYSE:FBC) today updated its guidance for its second quarter earnings that will be released on July 17, 2003, after the close of business. In a televised interview this morning with Bloomberg News, President and Chief Executive Officer, Mark T. Hammond stated that the Company expects to beat the current consensus quarterly earnings estimate of $0.86 per share, as reported by First Call. As a further update on its projected earnings for the second quarter, the Company announced that it expects earnings on a per-share diluted basis to exceed $1.10 per share. This is a $0.24, or 28% increase over the First Call projection. Management cited the strong mortgage refinance activity experienced during the quarter and the continued growth in the Company's retail banking operation. Mortgage production totals for the quarter are expected to be a quarterly record and up nearly 15% over last quarter and the Company has added nine new banking centers in 2003. Flagstar Bancorp is the second largest banking institution headquartered in Michigan. During both 2001 and 2002, Flagstar was the most profitable publicly traded banking institution in the nation, based on return on equity. Flagstar Bank currently operates 96 banking centers in Michigan and Indiana, 101 loan origination offices in twenty one states, and 15 correspondent lending offices located across the United States. The information contained in this release is not intended as a solicitation to buy Flagstar Bancorp, Inc. stock and is provided for general information. Additional information about Flagstar may be accessed via the Internet at http://www.flagstar.com This e-mail may contain data that is confidential, proprietary or "non-public personal information", as that term is defined in the Gramm-Leach-Bliley Act (collectively, "Confidential Information"). The Confidential Information is disclosed conditioned upon your agreement that you will treat it confidentially and in accordance with applicable law, ensure that such data isn't used or disclosed except for the limited purpose for which it's being provided and will notify and cooperate with us regarding any requested or unauthorized disclosure or use of any Confidential Information. 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