Flushing Financial Corporation (FFIC)

NASDAQ: FFIC · Real-Time Price · USD
17.07
-0.10 (-0.58%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.58%
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]

Sector Financials
IPO Date Nov 21, 1995
Employees 564
Stock Exchange NASDAQ
Ticker Symbol FFIC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$15.5
(-9.20% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

20 days ago - Seeking Alpha

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...

26 days ago - Seeking Alpha

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...

4 months ago - Schwab Network

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 ...

4 months ago - Seeking Alpha

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 ...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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 ...

8 months ago - Seeking Alpha

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...

8 months ago - Accesswire

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...

9 months ago - Accesswire

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...

9 months ago - Accesswire

Flushing Financial Corporation (FFIC) Q4 2023 Earnings Call Transcript

Flushing Financial Corporation (FFIC) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

11 months ago - Newsfile Corp

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire