image
Financial Services - Banks - Regional - NASDAQ - US
$ 17.56
-0.791 %
$ 510 M
Market Cap
20.18
P/E
1. INTRINSIC VALUE

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 ]

The intrinsic value of one FFIC stock under the base case scenario is HIDDEN Compared to the current market price of 17.6 USD, Flushing Financial Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FFIC

image
FINANCIALS
191 M REVENUE
-24.60%
69.3 M OPERATING INCOME
-61.17%
28.7 M NET INCOME
-62.75%
34.6 M OPERATING CASH FLOW
-59.67%
-94.3 M INVESTING CASH FLOW
73.21%
80.1 M FINANCING CASH FLOW
-76.17%
52.1 M REVENUE
-55.61%
11.5 M OPERATING INCOME
33.48%
8.91 M NET INCOME
67.34%
-3.34 M OPERATING CASH FLOW
-34.91%
587 M INVESTING CASH FLOW
265.33%
189 M FINANCING CASH FLOW
-35.36%
Balance Sheet Decomposition Flushing Financial Corporation
image
Current Assets 934 M
Cash & Short-Term Investments 875 M
Receivables 59 M
Other Current Assets 0
Non-Current Assets 9.16 B
Long-Term Investments 748 M
PP&E 60.8 M
Other Non-Current Assets 8.35 B
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 7.87 B
Long-Term Debt 40.8 M
Other Non-Current Liabilities 7.83 B
EFFICIENCY
Earnings Waterfall Flushing Financial Corporation
image
Revenue 191 M
Cost Of Revenue 14.4 M
Gross Profit 177 M
Operating Expenses 122 M
Operating Income 69.3 M
Other Expenses 40.6 M
Net Income 28.7 M
RATIOS
92.46% GROSS MARGIN
92.46%
36.22% OPERATING MARGIN
36.22%
14.99% NET MARGIN
14.99%
4.28% ROE
4.28%
0.34% ROA
0.34%
7.44% ROIC
7.44%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Flushing Financial Corporation
image
Net Income 28.7 M
Depreciation & Amortization 6.44 M
Capital Expenditures -5.49 M
Stock-Based Compensation 5.6 M
Change in Working Capital -7.75 M
Others -9.85 M
Free Cash Flow 29.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Flushing Financial Corporation
image
Wall Street analysts predict an average 1-year price target for FFIC of $16.8 , with forecasts ranging from a low of $16.5 to a high of $17 .
FFIC Lowest Price Target Wall Street Target
16.5 USD -6.04%
FFIC Average Price Target Wall Street Target
16.8 USD -4.61%
FFIC Highest Price Target Wall Street Target
17 USD -3.19%
4. DIVIDEND ANALYSIS
1.51% DIVIDEND YIELD
0.22 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Flushing Financial Corporation
image
Sold
0-3 MONTHS
345 K USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
411 K USD 2
9-12 MONTHS
164 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
7.48 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Nov 01, 2024
Sell 155 K USD
Han Sam Sang Ki
Director
- 10000
15.47 USD
2 weeks ago
Oct 31, 2024
Sell 130 K USD
Burrowes Astrid
EVP/CAO
- 8000
16.19 USD
2 months ago
Aug 20, 2024
Sell 60.7 K USD
Grasso Maria A
Sr. EVP/COO
- 4500
13.49 USD
6 months ago
May 10, 2024
Bought 7.48 K USD
Cullen Susan
SEVP/CFO
+ 600
12.46 USD
8 months ago
Feb 28, 2024
Sell 96.5 K USD
KORZEKWINSKI FRANCIS W
Sr. EVP
- 7649
12.61 USD
8 months ago
Feb 29, 2024
Sell 63.3 K USD
KORZEKWINSKI FRANCIS W
Sr. EVP
- 4851
13.04 USD
8 months ago
Feb 23, 2024
Sell 251 K USD
BUONAIUTO THOMAS
Sr. EVP
- 19000
13.21 USD
11 months ago
Dec 18, 2023
Sell 107 K USD
DIorio Steven J
Director
- 6500
16.42 USD
11 months ago
Nov 29, 2023
Sell 56.8 K USD
Grasso Maria A
SEVP/COO
- 4000
14.2 USD
1 year ago
Mar 15, 2023
Bought 30.1 K USD
GRASSI LOUIS C
Director
+ 2000
15.07 USD
1 year ago
Feb 24, 2023
Sell 139 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 7136
19.49 USD
1 year ago
Jan 26, 2023
Bought 0 USD
Bingold Michael
SEVP
+ 8300
0 USD
2 years ago
Nov 16, 2022
Sell 41.6 K USD
Kelly Theresa
Executive Vice President
- 2000
20.82 USD
2 years ago
Aug 02, 2022
Sell 111 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 5000
22.17 USD
2 years ago
Jun 15, 2022
Sell 132 K USD
Grasso Maria A
Sr. EVP/COO
- 6000
22 USD
2 years ago
Nov 29, 2021
Bought 42.8 K USD
BURAN JOHN R
President & CEO
+ 1800
23.77 USD
3 years ago
Aug 04, 2021
Bought 11 K USD
Cullen Susan
Sr. EVP/CFO
+ 500
22.03 USD
3 years ago
Aug 04, 2021
Bought 33.3 K USD
BURAN JOHN R
President and CEO
+ 1500
22.22 USD
3 years ago
Aug 04, 2021
Bought 22 K USD
BUONAIUTO THOMAS
Sr. Executive Vice President
+ 1000
22 USD
3 years ago
Jun 09, 2021
Sell 462 K USD
MANDITCH DOUGLAS C
Director
- 20000
23.11 USD
3 years ago
Jun 10, 2021
Sell 430 K USD
MANDITCH DOUGLAS C
Director
- 18991
22.64 USD
3 years ago
Feb 24, 2021
Sell 58.9 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 2700
21.83 USD
3 years ago
Dec 10, 2020
Sell 47.9 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 3000
15.98 USD
3 years ago
Nov 20, 2020
Bought 381 K USD
MANDITCH DOUGLAS C
Director
+ 27000
14.1 USD
4 years ago
Nov 16, 2020
Bought 27.3 K USD
BURAN JOHN R
President and CEO
+ 2000
13.64 USD
4 years ago
May 13, 2020
Bought 9.82 K USD
BURAN JOHN R
President and CEO
+ 1000
9.82 USD
4 years ago
May 13, 2020
Bought 4.97 K USD
Cullen Susan
Sr. EVP/CFO
+ 500
9.94 USD
4 years ago
May 06, 2020
Bought 55 K USD
Azarian Michael A
Director
+ 5000
11 USD
4 years ago
May 04, 2020
Bought 40.8 K USD
Han Sam Sang Ki
Director
+ 3500
11.66 USD
4 years ago
Mar 16, 2020
Bought 27.3 K USD
BURAN JOHN R
President and CEO
+ 2000
13.65 USD
4 years ago
Mar 16, 2020
Bought 6.7 K USD
Cullen Susan
Sr. EVP/CFO
+ 500
13.4 USD
4 years ago
Mar 09, 2020
Bought 14.8 K USD
Cullen Susan
Sr. EVP/CFO
+ 900
16.46 USD
4 years ago
Feb 28, 2020
Bought 5.42 K USD
Cullen Susan
Sr. EVP/CFO
+ 300
18.07 USD
4 years ago
Feb 26, 2020
Bought 7.68 K USD
Cullen Susan
Sr. EVP/CFO
+ 400
19.21 USD
4 years ago
Feb 04, 2020
Sell 103 K USD
Kelly Theresa
Executive Vice President
- 5000
20.53 USD
4 years ago
Feb 04, 2020
Sell 82.2 K USD
Grasso Maria A
Sr. EVP/COO
- 4000
20.55 USD
5 years ago
Aug 05, 2019
Bought 38.4 K USD
BURAN JOHN R
President and CEO
+ 2000
19.19 USD
5 years ago
Aug 08, 2019
Bought 1.91 K USD
Cullen Susan
Sr. EVP/CFO
+ 100
19.06 USD
5 years ago
Aug 06, 2019
Bought 1.91 K USD
Cullen Susan
Sr. EVP/CFO
+ 100
19.06 USD
5 years ago
Aug 06, 2019
Bought 1.91 K USD
Cullen Susan
Sr. EVP/CFO
+ 100
19.06 USD
5 years ago
Aug 05, 2019
Bought 3.84 K USD
Cullen Susan
Sr. EVP/CFO
+ 200
19.21 USD
5 years ago
Aug 05, 2019
Bought 3.84 K USD
Cullen Susan
Sr. EVP/CFO
+ 200
19.21 USD
5 years ago
May 28, 2019
Bought 2.15 K USD
Cullen Susan
Sr. EVP/CFO
+ 100
21.49 USD
5 years ago
Feb 21, 2019
Sell 187 K USD
Grasso Maria A
Sr. EVP/COO
- 8000
23.34 USD
5 years ago
Feb 19, 2019
Sell 93 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 4000
23.25 USD
5 years ago
Feb 20, 2019
Sell 60.8 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 2615
23.26 USD
6 years ago
Aug 03, 2018
Bought 4.95 K USD
Cullen Susan
Sr. EVP/CFO
+ 200
24.76 USD
6 years ago
Aug 02, 2018
Bought 7.51 K USD
Cullen Susan
Sr. EVP/CFO
+ 300
25.02 USD
6 years ago
Jul 31, 2018
Bought 2.52 K USD
Cullen Susan
Sr. EVP/CFO
+ 100
25.16 USD
6 years ago
Jul 30, 2018
Bought 2.56 K USD
Cullen Susan
Sr. EVP/CFO
+ 100
25.65 USD
6 years ago
Jul 27, 2018
Bought 5.12 K USD
Cullen Susan
Sr. EVP/CFO
+ 200
25.62 USD
6 years ago
May 18, 2018
Sell 45.7 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 1700
26.9 USD
6 years ago
May 16, 2018
Sell 52.7 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 2000
26.36 USD
6 years ago
May 17, 2018
Sell 34.6 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 1300
26.62 USD
6 years ago
May 03, 2018
Bought 7.61 K USD
Cullen Susan
Sr. EVP/CFO
+ 300
25.38 USD
6 years ago
May 01, 2018
Bought 5.14 K USD
Cullen Susan
Sr. EVP/CFO
+ 200
25.7 USD
6 years ago
Mar 01, 2018
Bought 5.43 K USD
Cullen Susan
Sr. EVP/CFO
+ 200
27.13 USD
6 years ago
Feb 05, 2018
Sell 166 K USD
Obrien Donna M
Director
- 6000
27.73 USD
6 years ago
Nov 30, 2017
Sell 145 K USD
Han Sam Sang Ki
Director
- 5000
28.93 USD
7 years ago
Nov 14, 2017
Sell 346 K USD
ROE JOHN E SR
Director
- 12571
27.55 USD
7 years ago
Nov 10, 2017
Sell 97.9 K USD
ROE JOHN E SR
Director
- 3629
26.98 USD
7 years ago
Nov 13, 2017
Sell 103 K USD
ROE JOHN E SR
Director
- 3800
27.13 USD
7 years ago
Sep 15, 2017
Sell 82 K USD
Obrien Donna M
Director
- 3000
27.33 USD
7 years ago
Aug 11, 2017
Bought 13.5 K USD
Cullen Susan
Sr. EVP/CFO
+ 500
26.96 USD
7 years ago
Aug 10, 2017
Bought 13.9 K USD
Cullen Susan
Sr. EVP/CFO
+ 500
27.76 USD
7 years ago
May 31, 2017
Sell 107 K USD
Grasso Maria A
Sr. EVP/COO
- 4000
26.77 USD
7 years ago
Mar 09, 2017
Sell 13.6 K USD
BENNETT JAMES DAVISON
Director
- 500
27.25 USD
7 years ago
Mar 10, 2017
Sell 76.5 K USD
BENNETT JAMES DAVISON
Director
- 2837
26.95 USD
7 years ago
Mar 13, 2017
Sell 72.3 K USD
BENNETT JAMES DAVISON
Director
- 2663
27.15 USD
7 years ago
Mar 07, 2017
Sell 42.1 K USD
KORZEKWINSKI FRANCIS W
Sr. Executive Vice President
- 1500
28.04 USD
7 years ago
Feb 08, 2017
Sell 164 K USD
Grasso Maria A
EVP/COO
- 6000
27.27 USD
7 years ago
Feb 08, 2017
Sell 164 K USD
Grasso Maria A
EVP/COO
- 6000
27.27 USD
7 years ago
Feb 06, 2017
Sell 192 K USD
Han Sam Sang Ki
Director
- 7000
27.37 USD
7 years ago
Dec 16, 2016
Sell 136 K USD
GRASSI LOUIS C
Director
- 4800
28.4 USD
7 years ago
Dec 14, 2016
Sell 57.9 K USD
Burrowes Astrid
Executive Vice President
- 2067
28 USD
7 years ago
Dec 13, 2016
Sell 209 K USD
GRASSI LOUIS C
Director
- 7289
28.72 USD
8 years ago
Nov 18, 2016
Sell 40 K USD
Beckmann Barbara A
Executive Vice President
- 1500
26.69 USD
8 years ago
Nov 17, 2016
Sell 10.7 K USD
Allen Brewer M.
Executive Vice President
- 400
26.8 USD
8 years ago
Nov 03, 2016
Sell 216 K USD
ROE JOHN E SR
Director
- 10000
21.61 USD
8 years ago
Oct 31, 2016
Sell 4.31 K USD
Allen Brewer M.
Executive Vice President
- 200
21.57 USD
8 years ago
Oct 28, 2016
Sell 76.8 K USD
Obrien Donna M
Director
- 3600
21.32 USD
8 years ago
Oct 28, 2016
Bought 10.6 K USD
Cullen Susan
Sr. EVP/CFO
+ 500
21.24 USD
8 years ago
Sep 19, 2016
Sell 27.4 K USD
dePasquale Caterina
Senior Vice President
- 1200
22.87 USD
8 years ago
Sep 14, 2016
Sell 6.81 K USD
Allen Brewer M.
Executive Vice President
- 300
22.7 USD
8 years ago
Sep 07, 2016
Sell 185 K USD
BURAN JOHN R
President & CEO
- 8000
23.09 USD
7. News
Best Momentum Stocks to Buy for November 8th CRMD, FFIC and SPPJY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 8, 2024. zacks.com - 1 week ago
New Strong Buy Stocks for November 8th SPPJY, FFIC, CRMD, NTGR and AACAY have been added to the Zacks Rank #1 (Strong Buy) List on November 8, 2024. zacks.com - 1 week ago
Best Income Stocks to Buy for November 8th FFIC, SPPJY and ENGIY made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 8, 2024. zacks.com - 1 week ago
Flushing Financial: Downgrading To Hold Despite A 5%+ Dividend Yield The upcoming reinvestment of low-yielding loans and the rolling over of high-cost deposits will boost the net interest margin. Loan growth will likely remain weak due to New York's economy. FFIC is offering a dividend yield of 5.4%. Although the implied payout ratio is quite high at 85%, I don't think the company will cut its dividend. seekingalpha.com - 2 weeks ago
Best Momentum Stocks to Buy for October 31st MCO, LUV and FFIC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 31, 2024. zacks.com - 2 weeks ago
Best Income Stocks to Buy for October 31st FFIC, LUV and HRB made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 31, 2024. zacks.com - 2 weeks ago
Earnings Estimates Moving Higher for Flushing Financial (FFIC): Time to Buy? Flushing Financial (FFIC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. zacks.com - 2 weeks ago
Flushing Financial Corporation (FFIC) Q3 2024 Earnings Call Transcript TriNet Group, Inc. (TNET) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants John Buran - President and CEO Susan Cullen - Senior EVP, CFO and Treasurer Conference Call Participants Steve Moss - Raymond James Mark Fitzgibbon - Piper Sandler Christopher O'Connell - KBW Manuel Navas - D.A. Davidson Operator Welcome to Flushing Financial Corporation's Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 weeks ago
Flushing Financial (FFIC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates The headline numbers for Flushing Financial (FFIC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 weeks ago
Flushing Financial (FFIC) Q3 Earnings and Revenues Beat Estimates Flushing Financial (FFIC) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.31 per share a year ago. zacks.com - 3 weeks ago
Earnings Preview: Flushing Financial (FFIC) Q3 Earnings Expected to Decline Flushing Financial (FFIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Flushing Financial Corporation (FFIC) Q2 2024 Earnings Call Transcript Flushing Financial Corporation (NASDAQ:FFIC ) Q2 2024 Results Conference Call July 30, 2024 9:00 AM ET Company Participants John Buran - President and CEO Susan Cullen - Senior EVP, CFO and Treasurer Conference Call Participants Steve Moss - Raymond James Mark Fitzgibbon - Piper Sandler Manuel Navas - D. A. Davidson Chris O'Connell - KBW Operator Welcome to Flushing Financial Corporation's Second Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
8. Profile Summary

Flushing Financial Corporation FFIC

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 510 M
Dividend Yield 1.51%
Description 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. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
Contact 220 RXR Plaza, Uniondale, NY, 11556 https://www.flushingbank.com
IPO Date Nov. 21, 1995
Employees 549
Officers Mr. Allen M. Brewer Senior Executive Vice President & Chief Information Officer Mr. Douglas J. McClintock Esq. Senior EVice President & General Counsel Mr. Albert H. Savastano Senior Vice President & Director of Investor Relations Mr. Michael Bingold Senior EVice President and Chief Retail & Client Development Officer Mr. John R. Buran President, Chief Executive Officer & Director Ms. Maria A. Grasso Senior EVice President, Chief Operating Officer & Corporate Secretary Mr. Francis W. Korzekwinski Senior EVice President & Chief of Real Estate Lending Mr. Douglas Liang Senior Vice President & Chief Investment Officer Ms. Astrid Burrowes Executive Vice President, Chief Accounting Officer & Controller Mr. Yan Nuriyev Senior Vice President & Chief Technology Officer