Flushing Financial Corporation (FFIC)
Market Cap | 496.21M |
Revenue (ttm) | 193.71M |
Net Income (ttm) | 26.01M |
Shares Out | 29.07M |
EPS (ttm) | 0.87 |
PE Ratio | 19.62 |
Forward PE | 18.32 |
Dividend | $0.88 (5.16%) |
Ex-Dividend Date | Sep 6, 2024 |
Volume | 74,869 |
Open | 17.10 |
Previous Close | 17.17 |
Day's Range | 16.83 - 17.12 |
52-Week Range | 10.74 - 18.40 |
Beta | 0.77 |
Analysts | Hold |
Price Target | 15.50 (-9.2%) |
Earnings Date | Oct 24, 2024 |
About FFIC
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, non-interest bearing demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential propert... [Read more]
Financial Performance
In 2023, Flushing Financial's revenue was $191.22 million, a decrease of -23.06% compared to the previous year's $248.54 million. Earnings were $28.66 million, a decrease of -62.75%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for FFIC stock is "Hold." The 12-month stock price forecast is $15.5, which is a decrease of -9.20% from the latest price.
News
Flushing Financial: Downgrading To Hold Despite A 5%+ Dividend Yield
The upcoming reinvestment of low-yielding loans and the rolling over of high-cost deposits will boost the net interest margin. Loan growth will likely remain weak due to New York's economy. FFIC is of...
Flushing Financial Corporation (FFIC) Q3 2024 Earnings Call Transcript
TriNet Group, Inc. (TNET) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants John Buran - President and CEO Susan Cullen - Senior EVP, CFO and Treasurer Conference Call...
Flushing Financial CEO: "Everyone is Cautiously Optimistic" on State of Consumer
Flushing Financial (FFIC) CEO John Buran joins Caroline Woods to talk about the state of the company after releasing its 2Q earnings and discusses interest rate pressures ahead of the FOMC's announcem...
Flushing Financial Corporation (FFIC) Q2 2024 Earnings Call Transcript
Flushing Financial Corporation (NASDAQ:FFIC) Q2 2024 Results Conference Call July 30, 2024 9:00 AM ET Company Participants John Buran - President and CEO Susan Cullen - Senior EVP, CFO and Treasurer ...
Flushing Financial: Disappointing Earnings But Loan Book Remains Strong
Flushing Financial's earnings are under pressure due to increased interest expenses and loss on fair value adjustments in Q1 2024. Despite weak Q1 results, the bank's loan book quality remains strong ...
Flushing Financial: Dividend Yield Of Over 6%, Earnings Likely To Recover
Loan growth will improve after the first quarter's dismal performance. New York's recent economic recovery will likely drive loan growth. The net interest margin will most probably stabilize soon as d...
Flushing Financial Corporation (FFIC) Q1 2024 Earnings Call Transcript
Flushing Financial Corporation (NASDAQ:FFIC) Q1 2024 Earnings Conference Call April 24, 2024 9:30 AM ET Company Participants John Buran - President and CEO Susan Cullen - SEVP, CFO and Treasurer Conf...
Flushing Financial: A Promising Dividend Pick With Great Upside
Flushing Financial is a commercial bank operating in New York City. The profitability outlook is positive and the company is adequately capitalized. In addition, the stock is trading at a significant ...
Flushing Financial Corporation To Host First Quarter 2024 Earnings Conference Call
UNIONDALE, NY / ACCESSWIRE / March 21, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq-GS:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that it will r...
Flushing Financial Corporation Declares Quarterly Dividend of $0.22 per Share
UNIONDALE, NY / ACCESSWIRE / February 27, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that the Board...
Flushing Financial Corporation To Meet With Institutional Investors
UNIONDALE, NY / ACCESSWIRE / February 27, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq-GS:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that the Co...
Flushing Financial Corporation (FFIC) Q4 2023 Earnings Call Transcript
Flushing Financial Corporation (FFIC) Q4 2023 Earnings Call Transcript
Flushing Financial Corporation Announces Participation in The Microcap Conference
Uniondale, New York--(Newsfile Corp. - January 3, 2024) - Flushing Financial Corporation (NASDAQ: FFIC) (the "Company"), the parent holding company for Flushing Bank (the "Bank"), will be participatin...
Flushing Financial Corporation To Host Fourth Quarter and Full Year 2023 Earnings Call
UNIONDALE, N.Y., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it ...
Flushing Bank Hosts Ribbon Cutting Ceremony at New Location in Bensonhurst, Brooklyn
UNIONDALE, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), hosted a ribbon cutting cer...
Flushing Bank Participating in Federal Home Loan Bank of New York's (FHLBNY) 2023 Small Business Recovery Grant Program
UNIONDALE, N.Y., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that the Ba...
Flushing Financial Corporation (FFIC) Q3 2023 Earnings Call Transcript
Flushing Financial Corporation (NASDAQ:FFIC) Q3 2023 Earnings Conference Call November 1, 2023 9:30 AM ET Company Participants John Buran - President, CEO & Director Susan Cullen - Senior EVP, Treasu...
Flushing Financial Corporation Reports 3Q23 GAAP EPS of $0.32 and Core EPS of $0.31; Delivered Sequential EPS and GAAP NIM Expansion as Action Plan Continues to Progress; Opened 27th Branch Expanding Asian Market Presence
Flushing Financial Corporation Reports 3Q23 GAAP EPS of $0.32 and Core EPS of $0.31; QoQ, EPS Increases; GAAP NIM Expands; Minimal Core NIM Compression
Flushing Bank Opens a New Location in Bensonhurst, Brooklyn
UNIONDALE, N.Y., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced it has ope...
Flushing Financial Corporation To Host Third Quarter 2023 Earnings Call
UNIONDALE, N.Y., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it...
Flushing Bank Proudly Announces It Has Successfully Secured Two Grants From The Federal Home Loan Bank of New York's Affordable Home Program
UNIONDALE, N.Y., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that it has...
Flushing Financial Corporation Declares Quarterly Dividend of $0.22 Per Share
UNIONDALE, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that the...
Flushing Financial: Trading At 0.7x TBV, 5.4% Yield Is Covered
Flushing Financial saw its net interest margin decrease by 8 bps on a QoQ basis. This could be the sign of a bottom, but about $425M of time deposits will become due in the next six months. The increa...
Flushing Financial Corporation (FFIC) Q2 2023 Earnings Call Transcript
Flushing Financial Corporation (NASDAQ:FFIC) Q2 2023 Earnings Call Transcript July 26, 2023 9:30 AM ET Company Participants John Buran - President & CEO Susan Cullen - Senior EVP, CFO, & Treasurer Co...
Flushing Bank Dragons are Practicing for the Dragon Boat Races
UNIONDALE, N.Y., July 19, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that its Company ...