Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
21 November 1995Website:
http://www.flushingbank.comNext earnings report:
29 July 2024Last dividends:
10 June 2024Next dividends:
N/APrice
regular market | 13 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
FFIC Latest News
Flushing Financial's earnings are under pressure due to increased interest expenses and loss on fair value adjustments in Q1 2024. Despite weak Q1 results, the bank's loan book quality remains strong with low LTV ratios and manageable past due loans. The bank is expected to see an increase in net interest income as loans are repriced, leading to a potential positive impact on the bottom line.
Loan growth will improve after the first quarter's dismal performance. New York's recent economic recovery will likely drive loan growth. The net interest margin will most probably stabilize soon as deposit migration will wane. FFIC is offering an attractive dividend yield of 6.7%. There is a risk of a dividend cut. However, most probably FFIC will ride out 2024 without any dividend cuts.
UNIONDALE, NY / ACCESSWIRE / March 21, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq-GS:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that it will release its first quarter 2024 earnings after the market closes on April 23, 2024. John R. Buran, President and Chief Executive Officer, and Susan K.
Flushing Financial Corporation (FFIC) Q4 2023 Earnings Call Transcript
While the top- and bottom-line numbers for Flushing Financial (FFIC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Flushing Financial (FFIC) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.57 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Flushing Financial (FFIC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
UNIONDALE, N.Y., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its fourth quarter and full year 2023 earnings after the market closes on January 25, 2024.
The headline numbers for Flushing Financial (FFIC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
UNIONDALE, N.Y., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its third quarter 2023 earnings after the market closes on October 31, 2023.
What type of business is Flushing Financial?
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.
What sector is Flushing Financial in?
Flushing Financial is in the Financial Services sector
What industry is Flushing Financial in?
Flushing Financial is in the Banks - Regional industry
What country is Flushing Financial from?
Flushing Financial is headquartered in United States
When did Flushing Financial go public?
Flushing Financial initial public offering (IPO) was on 21 November 1995
What is Flushing Financial website?
https://www.flushingbank.com
Is Flushing Financial in the S&P 500?
No, Flushing Financial is not included in the S&P 500 index
Is Flushing Financial in the NASDAQ 100?
No, Flushing Financial is not included in the NASDAQ 100 index
Is Flushing Financial in the Dow Jones?
No, Flushing Financial is not included in the Dow Jones index
When does Flushing Financial report earnings?
The next expected earnings date for Flushing Financial is 29 July 2024