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.
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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$267.33 million
Profitability
Miscellaneous
Employees456
Next Earnings Date1/30/2020 (Confirmed)
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 declared a quarterly dividend on Tuesday, November 26th. Shareholders 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 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend 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 approved a stock buyback plan on Wednesday, February 28th 2018, which allows the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.
How were Flushing Financial's earnings last quarter?
Flushing Financial Co. (NASDAQ:FFIC) announced its quarterly earnings results on Tuesday, October, 29th. The bank reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The bank had revenue of $39.99 million for the quarter. Flushing Financial had a return on equity of 9.06% and a net margin of 14.58%. View Flushing Financial's Earnings History.
When is Flushing Financial's next earnings date?
How can I listen to Flushing Financial's earnings call?
Flushing Financial will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for FFIC?
3 Wall Street analysts have issued twelve-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 year. This suggests a possible upside of 3.7% 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?
Media coverage about FFIC stock has been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Flushing Financial earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Flushing Financial.
Are investors shorting Flushing Financial?
Flushing Financial saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 382,100 shares, an increase of 9.1% from the November 28th total of 350,100 shares. Based on an average daily trading volume, of 83,100 shares, the short-interest ratio is presently 4.6 days. Currently, 1.4% of the shares of the stock are sold short. View Flushing Financial's Current Options Chain.
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), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), 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 many different of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.28%), Strs Ohio (0.11%), Santa Monica Partners LP (0.08%) and Virginia Retirement Systems ET AL (0.04%). Company insiders that own Flushing Financial stock include Donna M Obrien, Francis W Korzekwinski, John R Buran, Maria A Grasso and Susan Cullen. View Institutional Ownership Trends for Flushing Financial.
Which major investors are selling Flushing Financial stock?
FFIC stock was sold by a variety of institutional investors in the last quarter, including Santa Monica Partners LP and California Public Employees Retirement System. Company insiders that have sold Flushing Financial company stock in the last year include Francis W Korzekwinski and Maria A Grasso. View Insider Buying and Selling for Flushing Financial.
Which major investors are buying Flushing Financial stock?
FFIC stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio and Virginia Retirement Systems ET AL. 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 $20.26.
How big of a company is Flushing Financial?
Flushing Financial has a market capitalization of $570.46 million and generates $267.33 million in revenue each year. The bank earns $55.09 million in net income (profit) each year or $1.94 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.
