Flushing Financial (FFIC)

Flushing Financial Corporation is the holding company for Flushing Bank®, a New York State—chartered commercial bank insured by the Federal Deposit Insurance Corporation.

Company profile

Ticker

FFIC

Exchange

NASDAQ

Website

www.flushingbank.com

CEO

John R. Buran

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Savings Institutions

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Popular • Fifth Third Bancorp • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

SEC CIK

0000923139

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

113209278

FFIC stock data

1M 1Y 5Y

News

From Benzinga Pro

Flushing Financial Q1 Core EPS $0.61 Beats $0.54 Estimate

26 Apr 22

Flushing Financial (NASDAQ:FFIC) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.54 by 12.96 percent. This is a 12.96 percent increase over earnings of $0.54 per share from

Earnings Scheduled For April 26, 2022

26 Apr 22

Companies Reporting Before The Bell • First American Financial (NYSE:FAF) is estimated to report quarterly loss at $0.09 per share on revenue of $46.41 million.

Earnings Outlook For Flushing Financial

25 Apr 22

Flushing Financial (NASDAQ:FFIC) is set to give its latest quarterly earnings report on Tuesday, 2022-04-26. Here's what investors need to know before the announcement. Analysts estimate that Flushing Financial will report an earnings per share (EPS) of $0.54.

Press releases

From Benzinga Pro

Flushing Bank Plans to Open a New Location on Queens Boulevard in Elmhurst, NY

13 May 22

UNIONDALE, N.Y., May 13, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (NASDAQ:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced that the Bank plans to open a new

Flushing Bank Leases New Suffolk County Location in the Hauppauge Industrial Park

13 May 22

UNIONDALE, N.Y., May 13, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (NASDAQ:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced it has leased a new Suffolk

Flushing Bank's Complete Checking Account Receives National Certification by Banking Advocates as Safe, Affordable Account

3 May 22

UNIONDALE, N.Y., May 03, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (NASDAQ:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that its Complete Checking

Flushing Financial Corporation Reports 1Q22 GAAP EPS of $0.58 and Core EPS of $0.61

26 Apr 22

Sidoti March Virtual Small Cap Investor Conference

22 Mar 22

Calendar

6 May 22

17 May 22

31 Dec 22

Financial summary

Financial statements Chart FFIC financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

FFIC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
30 Jan 22	Azarian Michael A	Common Stock	Grant	Acquire A	No	No	4,201	22,901
30 Jan 22	Alfred A DelliBovi	Common Stock	Grant	Acquire A	No	No	4,201	9,001
30 Jan 22	Steven J DIorio	Common Stock	Grant	Acquire A	No	No	4,201	48,700
30 Jan 22	Louis C Grassi	Common Stock	Grant	Acquire A	No	No	4,201	102,021
30 Jan 22	Caren C Yoh	Common Stock	Grant	Acquire A	No	No	4,201	42,285

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q4 2021

FFIC institutional ownership history Ownership history

73.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	127	124	+2.4%
Opened positions	12	12	–
Closed positions	9	8	+12.5%
Increased positions	31	35	-11.4%
Reduced positions	47	47	–

13F shares	Current	Prev Q	Change
Total value	1.53B	510.6M	+199.6%
Total shares	22.34M	23.17M	-3.6%
Total puts	0	0
Total calls	0	36.8K	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	2.39M	$58.03M	+2.4%
Dimensional Fund Advisors	2.27M	$55.25M	-1.6%
Wellington Management	1.93M	$46.78M	-16.2%
Frontier Capital Management	1.55M	$37.75M	-0.9%
Frontier Capital Management	1.55M	$37.75M	-27.9%
Vanguard	1.52M	$36.87M	+0.9%
GBL Gamco Investors	931.38K	$22.63M	-0.4%
STT State Street	779.12K	$18.93M	-7.5%
Aristotle Capital Boston	730.13K	$17.74M	+95.8%
LSV Asset Management	621.47K	$15.1M	-10.7%

Largest transactions	Shares	Bought/sold	Change
Frontier Capital Management	1.55M	-599.92K	-27.9%
Wellington Management	1.93M	-373.35K	-16.2%
Aristotle Capital Boston	730.13K	+357.21K	+95.8%
IVZ Invesco	68.35K	-293.74K	-81.1%
Manufacturers Life Insurance Company, The	234.26K	+219.45K	+1481.8%
Verition Fund Management	0	-133.37K	EXIT
GS Goldman Sachs	87.26K	-87.7K	-50.1%
BK Bank Of New York Mellon	200.62K	-76.74K	-27.7%
LSV Asset Management	621.47K	-74.48K	-10.7%
Gator Capital Management	73.34K	+73.34K	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

The COVID-19 Pandemic Has Significantly Impacted Our Financial Condition and Results of Operations
Changes in Interest Rates May Significantly Impact Our Financial Condition and Results of Operations
Our Lending Activities Involve Risks that May Be Exacerbated Depending on the Mix of Loan Types
Our Ability to Obtain Brokered Deposits as an Additional Funding Source Could be Limited
The Markets in Which We Operate Are Highly Competitive
Our Results of Operations May Be Adversely Affected by Changes in National and/or Local Economic Conditions
Changes in Laws and Regulations Could Adversely Affect Our Business
Current Conditions in, and Regulation of, the Banking Industry May Have a Material Adverse Effect on Our Results of Operations
A Failure in or Breach of Our Operational or Security Systems or Infrastructure, or Those of Our Third Party Vendors and Other Service Providers, Including as a Result of Cyber-attacks, Could Disrupt Our Business, Result in the Disclosure or Misuse of Confidential or Proprietary Information, Damage Our Reputation, Increase Our Costs and Cause Losses

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

New words: ability, arise, commonly, competition, difficulty, environmental, face, fiscal, fluctuate, function, greatly, high, inflation, influenced, overnight, personnel, retrospective, satisfy, sufficient, turnover, unencumbered, unsecured, vintage, withdrawal

Removed: acquisition, amounted, assist, Bancorp, buyer, CMO, conclusion, continued, counteract, coupled, decided, discontinuation, Disease, Empire, exercising, expectation, Fannie, floating, forbearance, fourth, identical, impact, implemented, issue, lowering, Mae, medallion, modeled, negatively, objective, occupied, offer, order, organic, owner, pandemic, participating, Professional, profit, recourse, released, replaced, reserve, selling, serve, sharing, spending, strategy, structured, support, taxable, treasury, variable, working, yielding

From filing 10-Q 2022 Q1

Financial reports

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