FFIC - Flushing Financial Corp Stock Price, Fair Value and News

12.77USD+0.24 (+1.92%)Market Closed

Market Summary

USD12.77+0.24

Market Closed

1.92%

FFIC Stock Price

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FFIC RSI Chart

FFIC Valuation

Market Cap

371.2M

Price/Earnings (Trailing)

13.12

Price/Sales (Trailing)

0.89

EV/EBITDA

3.75

Price/Free Cashflow

10.81

FFIC Price/Sales (Trailing)

FFIC Profitability

EBT Margin

9.40%

Return on Equity

4.23%

Return on Assets

0.32%

Free Cashflow Yield

9.25%

FFIC Fundamentals

FFIC Revenue

Revenue (TTM)

418.9M

Rev. Growth (Yr)

18.87%

Rev. Growth (Qtr)

0.68%

FFIC Earnings

Earnings (TTM)

28.3M

Earnings Growth (Yr)

-8.9%

Earnings Growth (Qtr)

-54.51%

Breaking Down FFIC Revenue

Last 7 days

2.8%

Last 30 days

15.1%

Last 90 days

-5.5%

Trailing 12 Months

35.5%

How does FFIC drawdown profile look like?

FFIC Financial Health

Debt/Equity

Debt/Cashflow

0.06

FFIC Investor Care

Dividend Yield

6.89%

Dividend/Share (TTM)

0.88

Buy Backs (1Y)

1.42%

Diluted EPS (TTM)

0.94

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	418.9M	0	0	0
2023	337.4M	359.7M	382.0M	401.5M
2022	287.7M	290.3M	299.1M	316.6M
2021	269.8M	276.8M	285.8M	288.6M
2020	275.8M	271.0M	265.5M	264.3M
2019	266.0M	272.3M	276.2M	279.0M
2018	238.1M	243.1M	249.3M	257.0M
2017	223.9M	227.1M	230.9M	234.6M
2016	209.0M	213.8M	217.4M	221.0M
2015	197.5M	198.1M	200.8M	204.1M
2014	199.7M	198.9M	198.3M	197.1M
2013	209.4M	205.3M	202.0M	200.5M
2012	221.9M	219.8M	216.6M	213.7M
2011	228.8M	228.4M	226.5M	224.5M
2010	0	229.9M	229.8M	229.6M
2009	0	0	0	230.1M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Tracking the Latest Insider Buys and Sells of Flushing Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	buran john r	gifted	-	-	-8,100	president & ceo
Feb 29, 2024	korzekwinski francis w	sold	-63,257	13.04	-4,851	sr. evp
Feb 28, 2024	korzekwinski francis w	sold	-96,453	12.61	-7,649	sr. evp
Feb 27, 2024	grasso maria a	sold	-315,293	12.54	-25,143	sevp/coo
Feb 23, 2024	buonaiuto thomas	sold	-250,990	13.21	-19,000	sr. evp
Jan 31, 2024	buran john r	sold (taxes)	-35,266	17.45	-2,021	president & ceo
Jan 31, 2024	bingold michael	sold (taxes)	-3,786	17.45	-217	sr. evp
Jan 31, 2024	kelly theresa	sold (taxes)	-3,472	17.45	-199	evp
Jan 31, 2024	grasso maria a	sold (taxes)	-7,817	17.45	-448	sr. evp/coo
Jan 31, 2024	cullen susan	sold (taxes)	-7,311	17.45	-419	sr. evp/cfo

Which funds bought or sold FFIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	43.97	200,419	2,172,940	0.04%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	14.83	-103,000	750,000	-%
May 15, 2024	Voya Investment Management LLC	reduced	-22.15	-87,708	129,202	-%
May 15, 2024	Aquatic Capital Management LLC	added	715	112,666	133,666	-%
May 15, 2024	Centiva Capital, LP	new	-	128,950	128,950	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	reduced	-2.78	-28,563	82,974	0.01%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	342	2,531,000	3,590,000	-%
May 15, 2024	DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C)	new	-	508,057	508,057	0.01%
May 15, 2024	Elequin Capital, LP	sold off	-100	-43,227	-	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	348	566,014	798,415	-%

Are Funds Buying or Selling FFIC?

Are funds buying FFIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FFIC

No. of Funds

Unveiling Flushing Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	frontier capital management co llc	5.23%	1,511,327	SC 13G/A
Feb 13, 2024	vanguard group inc	5.55%	1,603,497	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.8%	1,972,940	SC 13G/A
Feb 08, 2024	wellington management group llp	0.00%	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.1%	2,644,133	SC 13G/A
Jul 10, 2023	gamco investors, inc. et al	1.66%	488,563	SC 13D/A
Feb 14, 2023	frontier capital management co llc	5.5%	1,628,334	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.3%	2,474,176	SC 13G/A
Feb 09, 2023	vanguard group inc	5.40%	1,609,601	SC 13G
Feb 06, 2023	wellington management group llp	5.02%	1,497,403	SC 13G/A

Recent SEC filings of Flushing Financial Corp

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 06, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
Apr 24, 2024	8-K	Current Report
Apr 24, 2024	8-K	Current Report
Apr 18, 2024	ARS	ARS
Apr 18, 2024	DEF 14A	DEF 14A
Apr 18, 2024	DEFA14A	DEFA14A
Mar 21, 2024	8-K	Current Report
Mar 15, 2024	10-K	Annual Report

Peers (Alternatives to Flushing Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	580.6B	174.7B	10.55%	50.52%	11.53	3.32	53.11%	19.83%
BAC	304.4B	137.9B	8.26%	42.25%	12.16	2.21	56.12%	-12.56%
WFC	217.3B	85.8B	9.39%	62.33%	11.58	2.53	35.02%	26.14%
C	122.5B	125.0B	9.68%	41.85%	15.33	0.98	37.85%	-
CFG	16.8B	10.4B	11.70%	47.15%	11.72	1.61	26.22%	-33.87%
KEY	14.7B	8.1B	7.90%	66.17%	16.8	1.8	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	8.52%	62.72%	10.53	1.72	34.68%	-45.96%
ZION	6.7B	4.1B	11.66%	93.23%	10.59	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	11.39%	71.61%	12.26	2.64	30.60%	-12.99%
ASB	3.4B	2.0B	11.00%	55.39%	21.08	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	410.6M	173.1M	11.64%	37.59%	14.07	2.37	26.54%	-34.86%
ALRS	390.2M	152.4M	-1.20%	38.83%	39.25	2.56	16.94%	-73.84%
ACNB	288.6M	98.7M	3.06%	15.69%	9.81	2.92	6.27%	-22.90%
ASRV	46.8M	62.5M	18.70%	-3.87%	-15.83	0.75	18.83%	-145.18%

Flushing Financial Corp News

Latest updates

Flushing Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.7%	109	109	104	97.00	92.00	89.00	82.00	74.00	71.00	72.00	73.00	72.00	72.00	69.00	64.00	65.00	67.00	70.00	69.00	70.00	70.00
EBITDA Margin	-5.6%	0.53*	0.56*	0.61*	0.76*	0.94*	1.12*	1.25*	1.30*	1.27*	1.26*	1.18*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-8.0%	42.00	46.00	44.00	43.00	45.00	54.00	61.00	65.00	63.00	63.00	63.00	61.00	61.00	56.00	50.00	49.00	41.00	41.00	39.00	40.00	42.00
Income Taxes	-64.1%	1.00	4.00	3.00	3.00	1.00	3.00	9.00	10.00	6.00	5.00	9.00	6.00	7.00	0.00	4.00	6.00	-0.21	4.00	3.00	3.00	2.00
Earnings Before Taxes	-57.5%	5.00	12.00	11.00	12.00	5.00	13.00	32.00	35.00	25.00	23.00	35.00	25.00	26.00	4.00	19.00	24.00	-1.60	17.00	13.00	14.00	9.00
EBT Margin	-5.3%	0.09*	0.10*	0.11*	0.17*	0.25*	0.33*	0.38*	0.40*	0.37*	0.38*	0.32*	-	-	-	-	-	-	-	-	-	-
Net Income	-54.5%	4.00	8.00	8.00	9.00	4.00	10.00	23.00	25.00	18.00	18.00	25.00	19.00	19.00	3.00	14.00	18.00	-1.39	13.00	11.00	11.00	7.00
Net Income Margin	-5.4%	0.07*	0.07*	0.20*	0.21*	0.23*	0.24*	0.28*	0.30*	0.28*	0.28*	0.24*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-129.9%	-6.52	22.00	10.00	9.00	-11.74	20.00	19.00	3.00	40.00	28.00	22.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.2%	8,807	8,537	8,579	8,475	8,480	8,423	8,557	8,340	8,170	8,046	8,077	8,159	8,159	7,976	7,063	7,163	7,245	7,018	7,111	6,946	6,867
Cash Equivalents	22.4%	211	172	201	160	177	152	165	137	186	82.00	179	146	174	157	76.00	85.00	157	50.00	87.00	56.00	59.00
Net PPE	-5.5%	20.00	21.00	21.00	22.00	22.00	22.00	22.00	22.00	23.00	23.00	24.00	26.00	27.00	28.00	26.00	27.00	28.00	29.00	28.00	29.00	30.00
Goodwill	0%	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	18.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00
Liabilities	3.4%	8,137	7,867	7,913	7,805	7,807	7,746	7,887	7,669	7,494	7,366	7,409	7,504	7,520	7,357	6,477	6,591	6,696	6,438	6,543	6,380	6,308
Long Term Debt	-20.2%	671	841	1,001	857	888	1,053	1,573	1,090	877	816	753	972	949	1,021	1,324	1,305	1,618	1,237	1,422	1,372	1,116
Shareholder's Equity	0.0%	670	670	667	670	672	677	671	671	676	680	668	655	639	619	586	572	550	580	568	565	560
Retained Earnings	-0.6%	547	550	548	547	545	548	544	527	509	498	486	468	455	443	446	438	425	434	427	422	418
Additional Paid-In Capital	-1.6%	260	265	264	264	263	264	264	263	262	263	262	261	260	262	228	227	226	227	225	224	223
Shares Outstanding	0.7%	29.00	29.00	29.00	29.00	29.00	29.00	30.00	30.00	30.00	31.00	31.00	31.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	336	-	-	-	599	-	-	-	629	-	-	-	308	-	-	-	595	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-126.8%	-6,229	23,255	10,389	11,359	-10,418	21,028	20,085	4,065	40,577	28,953	23,670	26,406	9,569	25,738	15,647	18,628	11,265	11,428	19,091	21,431	11,820
Share Based Compensation	3420.8%	1,690	48.00	850	898	3,808	577	975	1,061	4,194	1,313	977	1,069	3,470	940	979	1,101	3,430	1,146	1,371	1,315	3,931
Cashflow From Investing	-1023.9%	-213,986	-19,040	-62,507	25,906	-38,620	141,047	-189,374	-207,823	-95,668	-20,093	111,114	-22,100	-175,704	80,339	100,172	21,105	-108,518	51,113	-128,119	-70,176	-47,587
Cashflow From Financing	884.6%	258,781	-32,984	92,991	-53,959	74,031	-175,014	196,956	154,377	159,775	-105,735	-102,157	-32,755	183,167	-24,249	-125,013	-112,163	204,650	-99,743	139,533	46,552	-24,117
Dividend Payments	1.0%	6,537	6,474	6,529	6,598	6,659	6,636	6,759	6,786	6,850	6,604	6,615	6,653	6,652	6,603	6,063	6,063	6,084	6,033	6,035	6,039	6,042
Buy Backs	-100.0%	-	637	970	6,849	4,709	7,558	2,721	8,551	10,845	3,592	6,403	85.00	1,290	5.00	7.00	30.00	3,835	-	771	8.00	1,877

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FFIC Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income
Interest and fees on loans	$ 92,959	$ 82,889
Interest and dividends on securities:
Interest	12,541	7,240
Dividends	33	29
Other interest income	3,966	1,959
Total interest and dividend income	109,499	92,117
Interest expense
Deposits	57,865	39,056
Other interest expense	9,237	7,799
Total interest expense	67,102	46,855
Net interest income	42,397	45,262
Provision (benefit) for credit losses	592	7,508
Net interest income after provision (benefit) for credit losses	41,805	37,754
Non-interest income
Banking services fee income	1,394	1,411
Net gain (loss) on sale of loans	110	54
Net gain (loss) from fair value adjustments	(834)	2,619
Federal Home Loan Bank of New York stock dividends	743	697
Bank owned life insurance	1,200	1,109
Other income	471	967
Total non-interest income (loss)	3,084	6,857
Non-interest expense
Salaries and employee benefits	22,113	22,562
Occupancy and equipment	3,779	3,793
Professional services	2,792	2,261
FDIC deposit insurance	1,652	977
Data processing	1,727	1,435
Depreciation and amortization of bank premises and equipment	1,457	1,510
Other real estate owned / foreclosure expense	145	165
Other operating expenses	6,227	6,453
Total non-interest expense	39,892	39,156
Income before income taxes	4,997	5,455
Provision for income taxes
Federal	901	1,071
State and local	412	340
Total provision for income taxes	1,313	1,411
Net income	$ 3,684	$ 4,044
Basic earnings per common share	$ 0.12	$ 0.13
Diluted earnings per common share	$ 0.12	$ 0.13

About Flushing Financial Corp

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, 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 property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. Further, the company operates an internet branch under the iGObanking and BankPurely brands. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.

CEO	Mr. John R. Buran
WEBSITE	flushingbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	560

Flushing Financial Corp Frequently Asked Questions

What is the ticker symbol for Flushing Financial Corp? What does FFIC stand for in stocks?

FFIC is the stock ticker symbol of Flushing Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Flushing Financial Corp (FFIC)?

As of Wed May 15 2024, market cap of Flushing Financial Corp is 370.92 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FFIC stock?

You can check FFIC's fair value in chart for subscribers.

What is the fair value of FFIC stock?

You can check FFIC's fair value in chart for subscribers. The fair value of Flushing Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Flushing Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FFIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Flushing Financial Corp a good stock to buy?

The fair value guage provides a quick view whether FFIC is over valued or under valued. Whether Flushing Financial Corp is cheap or expensive depends on the assumptions which impact Flushing Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FFIC.

What is Flushing Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, FFIC's PE ratio (Price to Earnings) is 13.1 and Price to Sales (PS) ratio is 0.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FFIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Flushing Financial Corp's stock?

In the past 10 years, Flushing Financial Corp has provided -0.006 (multiply by 100 for percentage) rate of return.