TROY, Mich. (AP) _ Flagstar Bancorp Inc. (FBC) on Wednesday reported third-quarter net income of $152 million.

On a per-share basis, the Troy, Michigan-based company said it had profit of $2.83. Earnings, adjusted for non-recurring costs, were $2.94 per share.

The holding company for Flagstar Bank posted revenue of $475 million in the period. Its adjusted revenue was $461 million.

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