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.
Read More…
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Phone718-961-5400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$288.43 million
Profitability
Miscellaneous
Employees456
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable
Flushing Financial (NASDAQ:FFIC) Frequently Asked Questions
What is Flushing Financial's stock symbol?
Flushing Financial trades on the NASDAQ under the ticker symbol "FFIC."
How often does Flushing Financial pay dividends? What is the dividend yield for Flushing Financial?
Flushing Financial announced a quarterly dividend on Tuesday, November 26th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.21 per share on Friday, December 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date is Thursday, December 12th. View Flushing Financial's Dividend History.
How will Flushing Financial's stock buyback program work?
Flushing Financial declared that its board has authorized a share buyback plan on Wednesday, February 28th 2018, which permits the company to buyback 1,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.
How were Flushing Financial's earnings last quarter?
Flushing Financial Co. (NASDAQ:FFIC) posted its quarterly earnings data on Thursday, January, 30th. The bank reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.02. The bank earned $46.22 million during the quarter. Flushing Financial had a net margin of 14.31% and a return on equity of 8.37%. View Flushing Financial's Earnings History.
When is Flushing Financial's next earnings date?
What price target have analysts set for FFIC?
3 analysts have issued 12-month price objectives for Flushing Financial's stock. Their forecasts range from $19.00 to $23.00. On average, they expect Flushing Financial's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Flushing Financial.
What is the consensus analysts' recommendation for Flushing Financial?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flushing Financial in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flushing Financial.
Has Flushing Financial been receiving favorable news coverage?
Headlines about FFIC stock have trended negative on Thursday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Flushing Financial earned a coverage optimism score of -2.2 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Flushing Financial.
Who are some of Flushing Financial's key competitors?
Some companies that are related to Flushing Financial include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Walker & Dunlop (WD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).
What other stocks do shareholders of Flushing Financial own?
Who are Flushing Financial's key executives?
Flushing Financial's management team includes the folowing people:
- Mr. John R. Buran, Pres, CEO & Director (Age 70)
- Ms. Susan K. Cullen, Sr. EVP, Treasurer & CFO (Age 53)
- Ms. Maria A. Grasso, Sr. EVP, COO & Corp. Sec. (Age 55)
- Mr. Francis W. Korzekwinski, Sr. EVP & Chief of Real Estate Lending (Age 56)
- Ms. Theresa Kelly, Exec. VP of Bus. Banking (Age 58)
Who are Flushing Financial's major shareholders?
Flushing Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (2.67%), State Street Corp (2.14%), Goldman Sachs Group Inc. (1.97%), Gabelli Funds LLC (1.69%), LSV Asset Management (1.68%) and Hotchkis & Wiley Capital Management LLC (1.09%). Company insiders that own Flushing Financial stock include Francis W Korzekwinski, John R Buran, Maria A Grasso, Susan Cullen and Theresa Kelly. View Institutional Ownership Trends for Flushing Financial.
Which institutional investors are selling Flushing Financial stock?
FFIC stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Victory Capital Management Inc., Victory Capital Management Inc., Gabelli Funds LLC, Santa Monica Partners LP, Bank of America Corp DE, AQR Capital Management LLC and LSV Asset Management. Company insiders that have sold Flushing Financial company stock in the last year include Francis W Korzekwinski, Maria A Grasso and Theresa Kelly. View Insider Buying and Selling for Flushing Financial.
Which institutional investors are buying Flushing Financial stock?
FFIC stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hotchkis & Wiley Capital Management LLC, Bank of New York Mellon Corp, Mackay Shields LLC, Summit Global Investments, Strs Ohio, Prudential Financial Inc. and Russell Investments Group Ltd.. Company insiders that have bought Flushing Financial stock in the last two years include John R Buran and Susan Cullen. View Insider Buying and Selling for Flushing Financial.
How do I buy shares of Flushing Financial?
Shares of FFIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Flushing Financial's stock price today?
One share of FFIC stock can currently be purchased for approximately $20.18.
How big of a company is Flushing Financial?
Flushing Financial has a market capitalization of $568.21 million and generates $288.43 million in revenue each year. The bank earns $41.28 million in net income (profit) each year or $1.65 on an earnings per share basis. Flushing Financial employs 456 workers across the globe.View Additional Information About Flushing Financial.
What is Flushing Financial's official website?
How can I contact Flushing Financial?
Flushing Financial's mailing address is 220 RXR Plaza, Uniondale NY, 11556. The bank can be reached via phone at 718-961-5400 or via email at [email protected]
MarketBeat Community Rating for Flushing Financial (NASDAQ FFIC)
MarketBeat's community ratings are surveys of what our community members think about Flushing Financial and other stocks. Vote "Outperform" if you believe FFIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FFIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
