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FFIC Company Profile and Key Details

NASDAQ : FFIC

Flushing Financial

$15.91
-0.2314-1.43%
Open: 3:35 PM
66.04
B+ESG ScoreESG Rating

Price Chart

Stock Price Today

Flushing Financial Corporation (FFIC) stock declined over -1.43%, trading at $15.91 on NASDAQ, down from the previous close of $16.14. The stock opened at $16.12, fluctuating between $15.82 and $16.13 in the recent session.

Stock Snapshot

16.14
Prev. Close
539.04M
Market Cap
15.82
Day Low
29.46
P/E Ratio
0.54
EPS (TTM)
0.98
Cash Flow per Share
16.12
Open
33.88M
Number of Shares
16.13
Day High
95.66%
Free Float in %
22.59
Book Value
141.51K
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Apr 14, 202615.9415.9615.5615.96235.8K
Apr 13, 202615.7415.9315.7315.79163.9K
Apr 10, 202616.0216.0315.8215.93137.12K
Apr 09, 202616.0216.5716.0216.31386.15K
Apr 08, 202616.4116.4516.0716.23203.33K
Apr 07, 202615.7315.8615.6615.82222.26K
Apr 06, 202615.5215.8115.5015.77173.78K
Apr 02, 202615.1615.6115.1415.58199.51K
Apr 01, 202615.4315.6715.3815.43180.32K
Mar 31, 202615.3215.4615.1715.36272.88K
Mar 30, 202614.9315.1114.8615.07136.19K
Mar 27, 202614.9815.3914.7314.88196.16K
Mar 25, 202615.2815.3714.9815.03152.22K
Mar 24, 202614.9815.3614.9615.10293.26K
Mar 23, 202615.1215.5315.0915.18302.81K
Mar 20, 202615.0315.0814.6814.80672.09K
Mar 19, 202614.5915.1214.5515.07286.29K
Mar 18, 202614.8614.8914.6414.68193.5K
Mar 17, 202615.1015.1814.9014.95144.77K
Mar 16, 202615.0615.2515.0015.05163.31K

Contact Details

Uniondale, NY 11556

United States

https://www.flushingbank.com718 961 5400

About Company

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.

Company Information

Employees571
Beta0.83
Sales or Revenue$420.89M
5Y Sales Change%0.522%
Fiscal Year EndsDecember
SectorFinancial Services
IndustryBanks - Regional

Financial & Profitability Overview

Over the trailing twelve months, Flushing Financial generated $420.89M in revenue, or $14.06 per share. Gross margin was 94.08%, operating margin 10.56%, and net profit margin 6.81%. Returns are modest, with ROA at 0.33% and ROE at 4.28%.
On valuation metrics, Flushing Financial trades at a P/E of 29.11, P/S of 1.10 and P/B of 0.78. The current ratio is 6.31 and quick ratio is 6.31. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 44.33 days. Debt-to-equity is 0.84, supported by a cash flow-to-debt ratio of 0.10.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Flushing Financial posted revenue of $420.89M, down slightly from $253.63M in the prior quarter. Gross profit was $395.96M (margin 94.08%). Operating income was $44.43M (margin 10.6%). Net income was$28.66M (EPS $0.96).
The company ended the quarter with - $172.16M in cash and short-term investments, a total debt of $882.10M, and net debt of $757.89M. Total assets were $8.56B, with equity of $669.84M. Financials further reflected stability, with operating cash flow of $34.59M, free cash flow of $29.10M, and capital expenditures of - $5.49M.

Frequently Asked Questions

What is the current Flushing Financial Corporation (FFIC) stock price?
Flushing Financial Corporation (NASDAQ: FFIC) stock price is $15.91 in the last trading session. During the trading session, FFIC stock reached the peak price of $16.13 while $15.82 was the lowest point it dropped to. The percentage change in FFIC stock occurred in the recent session was -1.43% while the dollar amount for the price change in FFIC stock was - $0.23.
FFIC's industry and sector of operation?
The NASDAQ listed FFIC is part of Banks - Regional industry that operates in the broader Financial Services sector. Flushing Financial Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of FFIC?
Mr. Yan Nuriyev
Senior Vice President & Chief Technology Officer
Mr. Allen M. Brewer
Senior Executive Vice President & Chief Information Officer
Mr. Albert H. Savastano
Senior Vice President & Director of Investor Relations
Mr. John R. Buran
Pres, Chief Executive Officer & Director
Ms. Susan K. Cullen
Senior EVice President, Treasurer & Chief Financial Officer
Ms. Maria A. Grasso
Senior EVice President, Chief Operating Officer & Corporation Sec.
Mr. Francis W. Korzekwinski
Senior EVice President & Chief of Real Estate Lending
Mr. Michael Bingold
Senior EVice President and Chief Retail & Client Devel. Officer
Mr. Douglas Liang
Senior Vice President & Chief Investment Officer
Ms. Astrid Burrowes
Executive Vice President, Chief Accounting Officer & Controller
How FFIC did perform over past 52-week?
FFIC's closing price is 44.83% higher than its 52-week low of $11.13 where as its distance from 52-week high of $17.79 is -10.29%.
How many employees does FFIC have?
Number of FFIC employees currently stands at 571.
Link for FFIC official website?
Official Website of FFIC is: https://www.flushingbank.com
How do I contact FFIC?
FFIC could be contacted at phone 718 961 5400 and can also be accessed through its website. FFIC operates from 220 RXR Plaza, Uniondale, NY 11556, United States.
How many shares of FFIC are traded daily?
FFIC stock volume for the day was 141.51K shares. The average number of FFIC shares traded daily for last 3 months was 276.7K.
What is the market cap of FFIC currently?
The market value of FFIC currently stands at $539.04M with its latest stock price at $15.91 and 33.88M of its shares outstanding.
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