FFIC RSI Chart
Last 7 days
-0.2%
Last 30 days
-12.7%
Last 90 days
-29.6%
Trailing 12 Months
-19.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 337.4M | 359.7M | 382.0M | 401.5M |
2022 | 287.7M | 290.3M | 299.1M | 316.6M |
2021 | 269.8M | 276.8M | 285.8M | 288.6M |
2020 | 275.8M | 271.0M | 265.5M | 264.3M |
2019 | 266.0M | 272.3M | 276.2M | 279.0M |
2018 | 238.1M | 243.1M | 249.3M | 257.0M |
2017 | 223.9M | 227.1M | 230.9M | 234.6M |
2016 | 209.0M | 213.8M | 217.4M | 221.0M |
2015 | 197.5M | 198.1M | 200.8M | 204.1M |
2014 | 199.7M | 198.9M | 198.3M | 197.1M |
2013 | 209.4M | 205.3M | 202.0M | 200.5M |
2012 | 221.9M | 219.8M | 216.6M | 213.7M |
2011 | 228.8M | 228.4M | 226.5M | 224.5M |
2010 | 0 | 229.9M | 229.8M | 229.6M |
2009 | 0 | 0 | 0 | 230.1M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 29, 2024 | korzekwinski francis w | sold | -63,257 | 13.04 | -4,851 | sr. evp |
Feb 28, 2024 | korzekwinski francis w | sold | -96,453 | 12.61 | -7,649 | sr. evp |
Feb 27, 2024 | grasso maria a | sold | -315,293 | 12.54 | -25,143 | sevp/coo |
Feb 23, 2024 | buonaiuto thomas | sold | -250,990 | 13.21 | -19,000 | sr. evp |
Jan 31, 2024 | buran john r | sold (taxes) | -35,266 | 17.45 | -2,021 | president & ceo |
Jan 31, 2024 | korzekwinski francis w | sold (taxes) | -7,311 | 17.45 | -419 | sevp |
Jan 31, 2024 | burrowes astrid | sold (taxes) | -4,118 | 17.45 | -236 | evp/cao |
Jan 31, 2024 | grasso maria a | sold (taxes) | -7,817 | 17.45 | -448 | sr. evp/coo |
Jan 31, 2024 | kelly theresa | sold (taxes) | -3,472 | 17.45 | -199 | evp |
Jan 31, 2024 | bingold michael | sold (taxes) | -3,786 | 17.45 | -217 | sr. evp |
Which funds bought or sold FFIC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 11, 2024 | VANGUARD GROUP INC | added | 2.45 | 5,874,400 | 26,425,600 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 72.18 | 1,995,020 | 3,713,310 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -2.17 | 42,142 | 227,012 | -% |
Feb 23, 2024 | MENDON CAPITAL ADVISORS CORP | new | - | 287,495 | 287,495 | 0.12% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 0.31 | 175,000 | 853,000 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | reduced | -79.35 | -564,000 | 197,000 | 0.02% |
Feb 15, 2024 | BARCLAYS PLC | added | 60.22 | 462,000 | 919,000 | -% |
Feb 15, 2024 | Legal & General Group Plc | unchanged | - | 66,060 | 324,970 | -% |
Feb 15, 2024 | Farther Finance Advisors, LLC | new | - | 610 | 610 | -% |
Feb 15, 2024 | JANE STREET GROUP, LLC | added | 56.69 | 221,679 | 451,008 | -% |
Unveiling Flushing Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Flushing Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
Flushing Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 4.5% | 109 | 104 | 97.00 | 92.00 | 89.00 | 82.00 | 74.00 | 71.00 | 72.00 | 73.00 | 72.00 | 72.00 | 69.00 | 64.00 | 65.00 | 67.00 | 70.00 | 69.00 | 70.00 | 70.00 | 67.00 |
EBITDA Margin | -5.3% | 0.58* | 0.61* | 0.76* | 0.94* | 1.12* | 1.25* | 1.30* | 1.27* | 1.26* | 1.18* | 1.11* | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | -100.0% | - | 44.00 | 43.00 | 45.00 | 54.00 | 61.00 | 65.00 | 63.00 | 63.00 | 63.00 | 61.00 | 61.00 | 56.00 | 50.00 | 49.00 | 41.00 | 41.00 | 39.00 | 40.00 | 42.00 | 41.00 |
Income Taxes | 25.3% | 4.00 | 3.00 | 3.00 | 1.00 | 3.00 | 9.00 | 10.00 | 6.00 | 5.00 | 9.00 | 6.00 | 7.00 | 0.00 | 4.00 | 6.00 | -0.21 | 4.00 | 3.00 | 3.00 | 2.00 | 1.00 |
Earnings Before Taxes | 9.3% | 12.00 | 11.00 | 12.00 | 5.00 | 13.00 | 32.00 | 35.00 | 25.00 | 23.00 | 35.00 | 25.00 | 26.00 | 4.00 | 19.00 | 24.00 | -1.60 | 17.00 | 13.00 | 14.00 | 9.00 | 13.00 |
EBT Margin | -7.3% | 0.10* | 0.11* | 0.17* | 0.25* | 0.33* | 0.38* | 0.40* | 0.37* | 0.38* | 0.32* | 0.27* | - | - | - | - | - | - | - | - | - | - |
Net Income | 3.4% | 8.00 | 8.00 | 9.00 | 4.00 | 10.00 | 23.00 | 25.00 | 18.00 | 18.00 | 25.00 | 19.00 | 19.00 | 3.00 | 14.00 | 18.00 | -1.39 | 13.00 | 11.00 | 11.00 | 7.00 | 12.00 |
Net Income Margin | - | 0.07* | - | 0.21* | 0.23* | 0.24* | 0.28* | 0.30* | 0.28* | 0.28* | 0.24* | 0.20* | 0.20* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 122.7% | 22.00 | 10.00 | 9.00 | -11.74 | 20.00 | 19.00 | 3.00 | 40.00 | 28.00 | 22.00 | 26.00 | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.5% | 8,537 | 8,579 | 8,475 | 8,480 | 8,423 | 8,557 | 8,340 | 8,170 | 8,046 | 8,077 | 8,159 | 8,159 | 7,976 | 7,063 | 7,163 | 7,245 | 7,018 | 7,111 | 6,946 | 6,867 | 6,834 |
Cash Equivalents | -14.3% | 172 | 201 | 160 | 177 | 152 | 165 | 137 | 186 | 82.00 | 179 | 146 | 174 | 157 | 76.00 | 85.00 | 157 | 50.00 | 87.00 | 56.00 | 59.00 | 119 |
Net PPE | -0.1% | 21.00 | 21.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 24.00 | 26.00 | 27.00 | 28.00 | 26.00 | 27.00 | 28.00 | 29.00 | 28.00 | 29.00 | 30.00 | 30.00 |
Goodwill | -0.2% | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
Liabilities | -0.6% | 7,867 | 7,913 | 7,805 | 7,807 | 7,746 | 7,887 | 7,669 | 7,494 | 7,366 | 7,409 | 7,504 | 7,520 | 7,357 | 6,477 | 6,591 | 6,696 | 6,438 | 6,543 | 6,380 | 6,308 | 6,285 |
Long Term Debt | -16.0% | 841 | 1,001 | 857 | 888 | 1,053 | 1,573 | 1,090 | 877 | 816 | 753 | 972 | 949 | 1,021 | 1,324 | 1,305 | 1,618 | 1,237 | 1,422 | 1,372 | 1,116 | 1,251 |
Shareholder's Equity | 0.5% | 670 | 667 | 670 | 672 | 677 | 671 | 671 | 676 | 680 | 668 | 655 | 639 | 619 | 586 | 572 | 550 | 580 | 568 | 565 | 560 | 549 |
Retained Earnings | 0.3% | 550 | 548 | 547 | 545 | 548 | 544 | 527 | 509 | 498 | 486 | 468 | 455 | 443 | 446 | 438 | 425 | 434 | 427 | 422 | 418 | 414 |
Additional Paid-In Capital | 0.0% | 265 | 264 | 264 | 263 | 264 | 264 | 263 | 262 | 263 | 262 | 261 | 260 | 262 | 228 | 227 | 226 | 227 | 225 | 224 | 223 | 223 |
Shares Outstanding | -0.1% | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 | 31.00 | 31.00 | 31.00 | 31.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | - | 599 | - | - | - | 629 | - | - | - | 308 | - | - | - | 595 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 123.8% | 23,255 | 10,389 | 11,359 | -10,418 | 21,028 | 20,085 | 4,065 | 40,577 | 28,953 | 23,670 | 26,406 | 9,569 | 25,738 | 15,647 | 18,628 | 11,265 | 11,428 | 19,091 | 21,431 | 11,820 | 17,899 |
Share Based Compensation | -94.4% | 48.00 | 850 | 898 | 3,808 | 577 | 975 | 1,061 | 4,194 | 1,313 | 977 | 1,069 | 3,470 | 940 | 979 | 1,101 | 3,430 | 1,146 | 1,371 | 1,315 | 3,931 | 1,043 |
Cashflow From Investing | 69.5% | -19,040 | -62,507 | 25,906 | -38,620 | 141,047 | -189,374 | -207,823 | -95,668 | -20,093 | 111,114 | -22,100 | -175,704 | 80,339 | 100,172 | 21,105 | -108,518 | 51,113 | -128,119 | -70,176 | -47,587 | -234,167 |
Cashflow From Financing | -135.5% | -32,984 | 92,991 | -53,959 | 74,031 | -175,014 | 196,956 | 154,377 | 159,775 | -105,735 | -102,157 | -32,755 | 183,167 | -24,249 | -125,013 | -112,163 | 204,650 | -99,743 | 139,533 | 46,552 | -24,117 | 289,735 |
Dividend Payments | -0.8% | 6,474 | 6,529 | 6,598 | 6,659 | 6,636 | 6,759 | 6,786 | 6,850 | 6,604 | 6,615 | 6,653 | 6,652 | 6,603 | 6,063 | 6,063 | 6,084 | 6,033 | 6,035 | 6,039 | 6,042 | 5,683 |
Buy Backs | -34.3% | 637 | 970 | 6,849 | 4,709 | 7,558 | 2,721 | 8,551 | 10,845 | 3,592 | 6,403 | 85.00 | 1,290 | 5.00 | 7.00 | 30.00 | 3,835 | - | 771 | 8.00 | 1,877 | 947 |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest and dividend income | |||
Interest and fees on loans | $ 355,348 | $ 293,287 | $ 274,331 |
Interest and dividends on securities: | |||
Interest | 37,598 | 20,861 | 13,999 |
Dividends | 126 | 60 | 29 |
Other interest income | 8,405 | 2,418 | 203 |
Total interest and dividend income | 401,477 | 316,626 | 288,562 |
Interest expense | |||
Deposits | 188,655 | 47,285 | 20,324 |
Other interest expense | 33,670 | 25,725 | 20,269 |
Total interest expense | 222,325 | 73,010 | 40,593 |
Net interest income | 179,152 | 243,616 | 247,969 |
Provision (benefit) for credit losses | 10,518 | 5,081 | (4,944) |
Net interest income after provision (benefit) for credit losses | 168,634 | 238,535 | 252,913 |
Non-interest income | |||
Banking services fee income | 8,651 | 5,122 | 5,965 |
Net gain (loss) on sale of loans | 108 | 119 | 335 |
Net gain (loss) on disposition of assets | 104 | 621 | |
Net gain (loss) on sale of securities | 0 | (10,948) | 113 |
Net gain (loss) from fair value adjustments | 2,573 | 5,728 | (12,995) |
Federal Home Loan Bank of New York stock dividends | 2,513 | 2,000 | 2,097 |
Life insurance proceeds | 1,281 | 1,822 | |
Bank owned life insurance | 4,573 | 4,487 | 4,044 |
Other income | 2,889 | 1,575 | 3,507 |
Total non-interest income (loss) | 22,588 | 10,009 | 3,687 |
Non-interest expense | |||
Salaries and employee benefits | 85,957 | 84,374 | 88,310 |
Occupancy and equipment | 14,396 | 14,606 | 14,002 |
Professional services | 9,569 | 9,207 | 7,439 |
FDIC deposit insurance | 3,994 | 2,258 | 2,951 |
Data processing | 5,976 | 5,595 | 7,044 |
Depreciation and amortization of bank premises and equipment | 5,965 | 5,930 | 6,425 |
Other real estate owned / foreclosure expense | 605 | 294 | 323 |
Other operating expenses | 24,927 | 21,428 | 20,828 |
Total non-interest expense | 151,389 | 143,692 | 147,322 |
Income before income taxes | 39,833 | 104,852 | 109,278 |
Provision for income taxes | |||
Federal | 7,585 | 17,569 | 20,078 |
State and local | 3,584 | 10,338 | 7,407 |
Total provision for income taxes | 11,169 | 27,907 | 27,485 |
Net income | $ 28,664 | $ 76,945 | $ 81,793 |
Basic earnings per common share | $ 0.96 | $ 2.50 | $ 2.59 |
Diluted earnings per common share | $ 0.96 | $ 2.50 | $ 2.59 |