Operating+Profit+Margin- from Doug Ruckman

Operating+Profit+Margin- from Doug Ruckman - - - Operating...

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Flagstar Bancorp Vantage 2002 2002 2005 budget 2005 budget subtotals (000s) totals (000s) subtotals totals Interest income 450,112 25,176,351 Gain on loan sales, net 194,235 - Gain on MSR sales, net 14,474 - Other income 31,613 10,501,797 Investment Services 846,213 Mortgage Solutions 805,448 ISG Insurance Agency 113,425 Total Revenue: 690,434 37,443,234 Cost of Revenue: ( Int. on FHLB Adv.) 126,977 - Research Development
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Unformatted text preview: - - Operating Expense 222,274 24,518,831 (A) (B) Non Recurring- - Other & provision for ln loss 33,027 2,160,000 Investment Services 598,301 Mortgage Solutions 470,693 ISG Insurance Agency 12,608 Total Operating Expenses 255,301 27,760,433 Gross Profit: 308,156 9,682,801 Operating Profit Margin 44.6% 25.9% (A) - does not include Vantage Rewards (B) - does not include Franchise Tax...
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