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 Date10/22/2019 (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, August 27th. Investors of record on Friday, September 13th will be paid a dividend of $0.21 per share on Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Thursday, September 12th. View Flushing Financial's Dividend History.
How will Flushing Financial's stock buyback program work?
Flushing Financial announced that its board has approved a share buyback plan on Wednesday, February 28th 2018, which allows the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.
How were Flushing Financial's earnings last quarter?
Flushing Financial Co. (NASDAQ:FFIC) issued its quarterly earnings data on Tuesday, July, 23rd. The bank reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.03. The bank earned $42.46 million during the quarter, compared to the consensus estimate of $45.20 million. Flushing Financial had a return on equity of 9.44% and a net margin of 16.94%. View Flushing Financial's Earnings History.
When is Flushing Financial's next earnings date?
What is the consensus analysts' recommendation for Flushing Financial?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flushing Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Flushing Financial.
Has Flushing Financial been receiving favorable news coverage?
News stories about FFIC stock have trended somewhat negative on Sunday, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Flushing Financial earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Flushing Financial.
Are investors shorting Flushing Financial?
Flushing Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 373,400 shares, an increase of 12.1% from the July 31st total of 333,100 shares. Based on an average daily trading volume, of 63,900 shares, the days-to-cover ratio is presently 5.8 days. Approximately 1.4% of the shares of the stock are short sold. 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 United Community Banks (UCBI), First Bancorp (FBP), Renasant (RNST), TowneBank (TOWN), Banner (BANR), Pacific Premier Bancorp (PPBI), Great Western Bancorp (GWB), ServisFirst Bancshares (SFBS), Heartland Financial USA (HTLF), Eagle Bancorp (EGBN), First Busey (BUSE), Veritex (VBTX), Seacoast Banking Co. of Florida (SBCF), S & T Bancorp (STBA) and 1st Source (SRCE).
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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.58%), Vanguard Group Inc. (5.11%), Northern Trust Corp (4.11%), Gamco Investors INC. ET AL (3.88%), Teton Advisors Inc. (2.36%) and Renaissance Technologies LLC (2.11%). Company insiders that own Flushing Financial stock include Donna M Obrien, Francis W Korzekwinski, John E Sr Roe Sr, John R Buran, Maria A Grasso, Sam Sang Ki Han 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 Vanguard Group Inc., AlphaOne Investment Services LLC, Municipal Employees Retirement System of Michigan, Wedge Capital Management L L P NC, Invesco Ltd., Gabelli Funds LLC, AQR Capital Management LLC and Boston Partners. 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 Nuveen Asset Management LLC, BlackRock Inc., Teton Advisors Inc., Renaissance Technologies LLC, Parametric Portfolio Associates LLC, Acadian Asset Management LLC, United Services Automobile Association and Gamco Investors INC. 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 $20.41.
How big of a company is Flushing Financial?
Flushing Financial has a market capitalization of $575.36 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.
