Flushing Financial (FFIC) Expected to Announce Quarterly Earnings on Thursday

Flushing Financial (NASDAQ:FFIC - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect Flushing Financial to post earnings of $0.30 per share and revenue of $60.13 million for the quarter.

Flushing Financial (NASDAQ:FFIC - Get Free Report) last released its earnings results on Tuesday, April 29th. The bank reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. Flushing Financial had a negative net margin of 9.07% and a positive return on equity of 3.67%. The firm had revenue of $58.10 million during the quarter, compared to analyst estimates of $55.38 million. On average, analysts expect Flushing Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Flushing Financial Stock Up 2.0%

Shares of FFIC stock traded up $0.25 during trading hours on Friday, hitting $12.49. 577,320 shares of the company's stock traded hands, compared to its average volume of 257,640. The stock's fifty day simple moving average is $12.22 and its two-hundred day simple moving average is $12.98. Flushing Financial has a 12-month low of $10.65 and a 12-month high of $18.59. The stock has a market cap of $421.91 million, a price-to-earnings ratio of -8.80 and a beta of 0.81. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.60.

Flushing Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, June 13th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 7.05%. The ex-dividend date of this dividend was Friday, June 13th. Flushing Financial's dividend payout ratio (DPR) is currently -61.97%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FFIC. Royal Bank of Canada boosted its stake in shares of Flushing Financial by 9.1% during the 1st quarter. Royal Bank of Canada now owns 17,472 shares of the bank's stock worth $222,000 after acquiring an additional 1,453 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Flushing Financial by 19.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,875 shares of the bank's stock valued at $240,000 after buying an additional 3,062 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Flushing Financial by 104.3% during the 1st quarter. Millennium Management LLC now owns 523,080 shares of the bank's stock valued at $6,643,000 after buying an additional 267,013 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Flushing Financial by 8.5% during the 1st quarter. Empowered Funds LLC now owns 102,944 shares of the bank's stock valued at $1,307,000 after buying an additional 8,036 shares in the last quarter. Hedge funds and other institutional investors own 67.10% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Flushing Financial from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th.

Flushing Financial Company Profile

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.