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FFIC

FFIC - Flushing Financial Corp Stock Price, Fair Value and News

12.51USD+0.18 (+1.46%)Delayed as of 28 Mar 2024, 11:00 am ET

Market Summary

FFIC
USD12.51+0.18
Delayedas of 28 Mar 2024, 11:00 am
1.46%

FFIC Alerts

  • 2 major insider sales recently.

FFIC Stock Price

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FFIC RSI Chart

FFIC Valuation

Market Cap

358.4M

Price/Earnings (Trailing)

12.5

Price/Sales (Trailing)

0.89

EV/EBITDA

4.41

Price/Free Cashflow

12.32

FFIC Price/Sales (Trailing)

FFIC Profitability

EBT Margin

9.92%

Return on Equity

4.28%

Return on Assets

0.34%

Free Cashflow Yield

8.12%

FFIC Fundamentals

FFIC Revenue

Revenue (TTM)

401.5M

Rev. Growth (Yr)

21.84%

Rev. Growth (Qtr)

4.54%

FFIC Earnings

Earnings (TTM)

28.7M

Earnings Growth (Yr)

-20.98%

Earnings Growth (Qtr)

3.37%

Breaking Down FFIC Revenue

52 Week Range

9.2816.66
(Low)(High)

Last 7 days

-0.2%

Last 30 days

-12.7%

Last 90 days

-29.6%

Trailing 12 Months

-19.2%

How does FFIC drawdown profile look like?

FFIC Financial Health

Debt/Equity

1.26

Debt/Cashflow

0.04

FFIC Investor Care

Dividend Yield

7.14%

Dividend/Share (TTM)

0.88

Buy Backs (1Y)

1.43%

Diluted EPS (TTM)

0.95

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023337.4M359.7M382.0M401.5M
2022287.7M290.3M299.1M316.6M
2021269.8M276.8M285.8M288.6M
2020275.8M271.0M265.5M264.3M
2019266.0M272.3M276.2M279.0M
2018238.1M243.1M249.3M257.0M
2017223.9M227.1M230.9M234.6M
2016209.0M213.8M217.4M221.0M
2015197.5M198.1M200.8M204.1M
2014199.7M198.9M198.3M197.1M
2013209.4M205.3M202.0M200.5M
2012221.9M219.8M216.6M213.7M
2011228.8M228.4M226.5M224.5M
20100229.9M229.8M229.6M
2009000230.1M

Tracking the Latest Insider Buys and Sells of Flushing Financial Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold FFIC recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 48

Are Funds Buying or Selling FFIC?

Are funds buying FFIC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FFIC
No. of Funds

Unveiling Flushing Financial Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
frontier capital management co llc
5.23%
1,511,327
SC 13G/A
Feb 13, 2024
vanguard group inc
5.55%
1,603,497
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.8%
1,972,940
SC 13G/A
Feb 08, 2024
wellington management group llp
0.00%
0
SC 13G/A
Jan 24, 2024
blackrock inc.
9.1%
2,644,133
SC 13G/A
Jul 10, 2023
gamco investors, inc. et al
1.66%
488,563
SC 13D/A
Feb 14, 2023
frontier capital management co llc
5.5%
1,628,334
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
8.3%
2,474,176
SC 13G/A
Feb 09, 2023
vanguard group inc
5.40%
1,609,601
SC 13G
Feb 06, 2023
wellington management group llp
5.02%
1,497,403
SC 13G/A

Recent SEC filings of Flushing Financial Corp

View All Filings
Date Filed Form Type Document
Mar 21, 2024
8-K
Current Report
Mar 15, 2024
10-K
Annual Report
Mar 01, 2024
4
Insider Trading
Feb 29, 2024
144
Notice of Insider Sale Intent
Feb 29, 2024
4
Insider Trading
Feb 28, 2024
144
Notice of Insider Sale Intent
Feb 27, 2024
4
Insider Trading
Feb 27, 2024
8-K
Current Report
Feb 27, 2024
8-K
Current Report
Feb 23, 2024
144
Notice of Insider Sale Intent

What is the Fair Value of FFIC?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Flushing Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
574.7B
171.1B
9.83% 42.39%
11.6
3.36
60.72% 31.52%
297.7B
130.3B
8.68% 33.18%
11.23
2.29
79.51% -3.68%
206.2B
85.7B
10.06% 39.05%
10.77
2.41
41.49% 39.96%
120.0B
133.3B
10.88% 37.45%
13
0.9
79.09% -
16.4B
10.2B
11.38% -2.76%
10.23
1.61
44.53% -22.43%
14.6B
7.9B
6.82% 30.36%
15.11
1.84
46.47% -49.56%
MID-CAP
7.2B
4.2B
2.60% 18.49%
8.16
1.72
56.25% -23.46%
6.4B
3.9B
0.02% 35.77%
9.4
1.62
45.91% -25.03%
3.3B
1.3B
-0.91% 7.40%
12.35
2.6
43.24% -22.35%
3.2B
2.0B
-1.30% -0.93%
17.55
1.64
70.97% -50.03%
SMALL-CAP
509.4M
120.2M
2.72% 45.71%
19.47
4.24
25.23% -24.02%
428.7M
164.9M
-6.65% 19.35%
36.65
2.6
42.66% -70.76%
411.8M
162.6M
-0.86% -7.25%
13.69
2.53
25.39% -38.37%
313.8M
96.6M
-6.16% 2.24%
9.9
3.25
11.02% -11.37%
46.8M
60.9M
-6.19% -32.56%
-13.99
0.77
24.06% -144.92%

Flushing Financial Corp News

Latest updates
Seeking Alpha • 4 hours ago
InvestorsObserver • 19 Mar 2024 • 06:11 pm
Defense World • 06 Mar 2024 • 08:00 am
MarketBeat • 01 Mar 2024 • 12:56 am
Zacks Investment Research • 2 months ago

Flushing Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.5%10910497.0092.0089.0082.0074.0071.0072.0073.0072.0072.0069.0064.0065.0067.0070.0069.0070.0070.0067.00
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%-44.0043.0045.0054.0061.0065.0063.0063.0063.0061.0061.0056.0050.0049.0041.0041.0039.0040.0042.0041.00
Income Taxes25.3%4.003.003.001.003.009.0010.006.005.009.006.007.000.004.006.00-0.214.003.003.002.001.00
Earnings Before Taxes9.3%12.0011.0012.005.0013.0032.0035.0025.0023.0035.0025.0026.004.0019.0024.00-1.6017.0013.0014.009.0013.00
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 Income3.4%8.008.009.004.0010.0023.0025.0018.0018.0025.0019.0019.003.0014.0018.00-1.3913.0011.0011.007.0012.00
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 Cashflow122.7%22.0010.009.00-11.7420.0019.003.0040.0028.0022.0026.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.5%8,5378,5798,4758,4808,4238,5578,3408,1708,0468,0778,1598,1597,9767,0637,1637,2457,0187,1116,9466,8676,834
    Cash Equivalents-14.3%17220116017715216513718682.0017914617415776.0085.0015750.0087.0056.0059.00119
  Net PPE-0.1%21.0021.0022.0022.0022.0022.0022.0023.0023.0024.0026.0027.0028.0026.0027.0028.0029.0028.0029.0030.0030.00
  Goodwill-0.2%18.0018.0018.0018.0018.0018.0018.0018.0018.0018.0018.0018.0018.0016.0016.0016.0016.0016.0016.0016.0016.00
Liabilities-0.6%7,8677,9137,8057,8077,7467,8877,6697,4947,3667,4097,5047,5207,3576,4776,5916,6966,4386,5436,3806,3086,285
  Long Term Debt-16.0%8411,0018578881,0531,5731,0908778167539729491,0211,3241,3051,6181,2371,4221,3721,1161,251
Shareholder's Equity0.5%670667670672677671671676680668655639619586572550580568565560549
  Retained Earnings0.3%550548547545548544527509498486468455443446438425434427422418414
  Additional Paid-In Capital0.0%265264264263264264263262263262261260262228227226227225224223223
Shares Outstanding-0.1%29.0029.0029.0029.0029.0030.0030.0030.0031.0031.0031.0031.00---------
Float-------599---629---308---595--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations123.8%23,25510,38911,359-10,41821,02820,0854,06540,57728,95323,67026,4069,56925,73815,64718,62811,26511,42819,09121,43111,82017,899
  Share Based Compensation-94.4%48.008508983,8085779751,0614,1941,3139771,0693,4709409791,1013,4301,1461,3711,3153,9311,043
Cashflow From Investing69.5%-19,040-62,50725,906-38,620141,047-189,374-207,823-95,668-20,093111,114-22,100-175,70480,339100,17221,105-108,51851,113-128,119-70,176-47,587-234,167
Cashflow From Financing-135.5%-32,98492,991-53,95974,031-175,014196,956154,377159,775-105,735-102,157-32,755183,167-24,249-125,013-112,163204,650-99,743139,53346,552-24,117289,735
  Dividend Payments-0.8%6,4746,5296,5986,6596,6366,7596,7866,8506,6046,6156,6536,6526,6036,0636,0636,0846,0336,0356,0396,0425,683
  Buy Backs-34.3%6379706,8494,7097,5582,7218,55110,8453,5926,40385.001,2905.007.0030.003,835-7718.001,877947

FFIC Income Statement

2023-12-31
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:   
Interest37,59820,86113,999
Dividends1266029
Other interest income8,4052,418203
Total interest and dividend income401,477316,626288,562
Interest expense   
Deposits188,65547,28520,324
Other interest expense33,67025,72520,269
Total interest expense222,32573,01040,593
Net interest income179,152243,616247,969
Provision (benefit) for credit losses10,5185,081(4,944)
Net interest income after provision (benefit) for credit losses168,634238,535252,913
Non-interest income   
Banking services fee income8,6515,1225,965
Net gain (loss) on sale of loans108119335
Net gain (loss) on disposition of assets 104621
Net gain (loss) on sale of securities0(10,948)113
Net gain (loss) from fair value adjustments2,5735,728(12,995)
Federal Home Loan Bank of New York stock dividends2,5132,0002,097
Life insurance proceeds1,2811,822 
Bank owned life insurance4,5734,4874,044
Other income2,8891,5753,507
Total non-interest income (loss)22,58810,0093,687
Non-interest expense   
Salaries and employee benefits85,95784,37488,310
Occupancy and equipment14,39614,60614,002
Professional services9,5699,2077,439
FDIC deposit insurance3,9942,2582,951
Data processing5,9765,5957,044
Depreciation and amortization of bank premises and equipment5,9655,9306,425
Other real estate owned / foreclosure expense605294323
Other operating expenses24,92721,42820,828
Total non-interest expense151,389143,692147,322
Income before income taxes39,833104,852109,278
Provision for income taxes   
Federal7,58517,56920,078
State and local3,58410,3387,407
Total provision for income taxes11,16927,90727,485
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
FFIC
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. Further, the company operates an internet branch under the iGObanking and BankPurely brands. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
 CEO
 WEBSITEwww.flushingbank.com
 EMPLOYEES560

Flushing Financial Corp Frequently Asked Questions


What is the ticker symbol for Flushing Financial Corp? What does FFIC stand for in stocks?

FFIC is the stock ticker symbol of Flushing Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Flushing Financial Corp (FFIC)?

As of Wed Mar 27 2024, market cap of Flushing Financial Corp is 358.4 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FFIC stock?

You can check FFIC's fair value in chart for subscribers.

What is the fair value of FFIC stock?

You can check FFIC's fair value in chart for subscribers. The fair value of Flushing Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Flushing Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FFIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Flushing Financial Corp a good stock to buy?

The fair value guage provides a quick view whether FFIC is over valued or under valued. Whether Flushing Financial Corp is cheap or expensive depends on the assumptions which impact Flushing Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FFIC.

What is Flushing Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, FFIC's PE ratio (Price to Earnings) is 12.5 and Price to Sales (PS) ratio is 0.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FFIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Flushing Financial Corp's stock?

In the past 10 years, Flushing Financial Corp has provided -0.024 (multiply by 100 for percentage) rate of return.