FFIC Flushing Financial
Flushing Financial Corp. operates as a bank holding company for Flushing Savings Bank, which provides banking and financial services. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans, mortgage loan, U.S. government securities, corporate fixed-income securities and other marketable securities. The company was founded on May 9, 1994 and is headquartered in Uniondale, NY.
Company profile
Ticker
FFIC
Exchange
Website
CEO
John R. Buran
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
113209278
FFIC stock data
()
Press releases
Flushing Financial Corporation to Host First Quarter 2021 Earnings Call
1 Apr 21
Flushing Financial Corporation Declares Its Quarterly Dividend of $0.21 Per Share
23 Feb 21
Flushing Financial Corp. to Host Earnings Call
29 Jan 21
Flushing Financial Corporation Reports 4Q20 GAAP EPS of $0.11 and 2020 GAAP EPS of $1.18 4Q20 Core EPS of $0.58 and 2020 Core EPS of $1.70 Third Consecutive Quarter of Record Net Interest Income
28 Jan 21
XpertSavers Announces Successful Completion of Flushing Bank's New Digital Channel
28 Jan 21
Calendar
16 Mar 21
17 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Feb 21 | Francis W Korzekwinski | Common Stock | Sell | Dispose S | No | No | 21.83 | 2,700 | 58.94K | 68,648 |
| 30 Jan 21 | Azarian Michael A | Common Stock | Grant | Aquire A | No | No | 0 | 4,800 | 0 | 18,700 |
| 30 Jan 21 | James Davison Bennett | Common Stock | Grant | Aquire A | No | No | 0 | 4,800 | 0 | 90,497 |
| 30 Jan 21 | Caren C Yoh | Common Stock | Grant | Aquire A | No | No | 0 | 4,800 | 0 | 38,084 |
| 30 Jan 21 | Alfred A DelliBovi | Common Stock | Grant | Aquire A | No | No | 0 | 4,800 | 0 | 11,200 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
82.8% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 119 |
| Opened positions | 21 |
| Closed positions | 15 |
| Increased positions | 46 |
| Reduced positions | 35 |
13F shares |
Current |
|---|---|
| Total value | 532.03M |
| Total shares | 23.37M |
| Total puts | 0 |
| Total calls | 17.6K |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Wellington Management | 2.59M | $43.13M |
| Dimensional Fund Advisors | 2.33M | $38.79M |
| BLK Blackrock | 2.3M | $38.27M |
| Frontier Capital Management | 2.15M | $35.83M |
| Frontier Capital Management | 2.15M | $35.83M |
| Vanguard | 1.33M | $22.11M |
| GBL Gamco Investors | 1.06M | $17.68M |
| STT State Street | 555.05K | $9.24M |
| LSV Asset Management | 508.63K | $8.46M |
| Renaissance Technologies | 466.24K | $7.76M |
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
- Failure to Effectively Manage Our Liquidity Could Significantly Impact Our Financial Condition and Results of Operations
- 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
- We May Experience Increased Delays in Foreclosure Proceedings
- Our Inability to Hire or Retain Key Personnel Could Adversely Affect Our Business
- We Are Not Required to Pay Dividends on Our Common Stock
- Uncertainty surrounding the elimination of LIBOR and the proposed transition to SOFR may adversely affect our business
Content analysis
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H.S. freshman Avg
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New words:
absence, acknowledged, ACL, baseline, behavior, CAA, capture, captured, CDI, chain, China, CISA, citing, clarification, commerce, compliant, confirming, contrary, counteract, CRE, curtailed, curtailing, deepen, defensive, deferral, disbursement, disparate, distancing, divergence, ENB, energy, entrance, equitable, essential, excellent, expansion, fact, Fannie, fashion, FHLBNY, forbearance, foreseeable, gas, gave, GDP, gender, GLBA, grew, grossed, honoring, HTM, human, implied, instability, instance, interruption, Jan, jeopardize, judgement, lead, learning, led, Mae, malware, medium, metro, month, MP, navigate, negotiated, ninety, nongovernmental, oil, opt, outbreak, pandemic, Paycheck, payroll, people, pertinent, phishing, PPP, preliminary, pride, prolonged, proud, provisional, pursue, quick, reconciliation, remote, remotely, rest, resume, rich, riskier, running, sample, sector, shelter, sick, signature, speak, spending, strain, subleased, Suffolk, superb, tailor, team, tranche, travel, Tuition, unconditionally, unfinished, uninterrupted, unprecedented, upholding, vaccine, vast, viable, vulnerability, Watch, workforce, workplace, World
Removed:
accurate, aided, allocate, April, began, Collar, controversial, define, defunct, depended, depth, domestic, downgraded, exempted, extension, FICO, FNMA, illiquidity, Impacting, imprecision, inclusive, Jersey, leaving, letter, leveraging, managed, nonperforming, nursing, opposed, ordinarily, OTTI, parent, politically, posing, preparing, promised, ranged, realize, recapitalize, repealed, representation, reservable, revaluation, revealed, segregated, sewer, slightly, statistical, surcharge, TCJA, treated, Trump, unallocated, uncollectible, unsatisfactory, warranted, water, White, write
Financial reports
10-K
2020 FY
Annual report
16 Mar 21
10-Q
2020 Q3
Quarterly report
9 Nov 20
10-Q
2020 Q2
Quarterly report
10 Aug 20
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
6 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
1 Mar 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
Current reports
8-K
Other Events
1 Apr 21
8-K
Regulation FD Disclosure
23 Feb 21
8-K
Regulation FD Disclosure
18 Feb 21
8-K
Regulation FD Disclosure
4 Feb 21
8-K
Flushing Financial Corporation Reports 4Q20 GAAP EPS of $0.11 and 2020 GAAP EPS of $1.18
28 Jan 21
8-K
Regulation FD Disclosure
6 Jan 21
8-K
Other Events
5 Jan 21
8-K
Regulation FD Disclosure
24 Nov 20
8-K
Departure of Directors or Certain Officers
6 Nov 20
8-K
Regulation FD Disclosure
5 Nov 20
Registration and prospectus
425
Business combination disclosure
27 Oct 20
425
Business combination disclosure
21 Sep 20
424B3
Prospectus supplement
21 Sep 20
POS AM
Prospectus update (post-effective amendment)
16 Sep 20
POS AM
Prospectus update (post-effective amendment)
14 Sep 20
POS AM
Prospectus update (post-effective amendment)
31 Aug 20
425
Business combination disclosure
17 Aug 20
425
Business combination disclosure
17 Aug 20
425
Business combination disclosure
3 Aug 20
425
Business combination disclosure
23 Mar 20
Proxies
DEFA14A
Additional proxy soliciting materials
8 Apr 21
DEF 14A
Definitive proxy
8 Apr 21
DEFA14A
Additional proxy soliciting materials
11 May 20
DEFA14A
Additional proxy soliciting materials
16 Apr 20
DEF 14A
Definitive proxy
16 Apr 20
DEFA14A
Additional proxy soliciting materials
18 Apr 19
DEF 14A
Definitive proxy
18 Apr 19
DEF 14A
Definitive proxy
18 Apr 18
DEFA14A
Additional proxy soliciting materials
18 Apr 18
DEF 14A
Definitive proxy
18 Apr 17
Other
EFFECT
Notice of effectiveness
22 Sep 20
CORRESP
Correspondence with SEC
17 Sep 20
CORRESP
Correspondence with SEC
17 Sep 20
CORRESP
Correspondence with SEC
15 Sep 20
CORRESP
Correspondence with SEC
14 Sep 20
EFFECT
Notice of effectiveness
21 Jan 20
CORRESP
Correspondence with SEC
14 Jan 20
CORRESP
Correspondence with SEC
7 Jan 20
UPLOAD
Letter from SEC
15 Dec 19
EFFECT
Notice of effectiveness
21 May 17
Ownership
4
FLUSHING FINANCIAL / FRANCIS W KORZEKWINSKI ownership change
26 Feb 21
SC 13G/A
FLUSHING FINANCIAL / FRONTIER CAPITAL MANAGEMENT ownership change
16 Feb 21
SC 13G/A
FLUSHING FINANCIAL / DIMENSIONAL FUND ADVISORS ownership change
12 Feb 21
SC 13D/A
FLUSHING FINANCIAL / GAMCO INVESTORS, INC. ET AL ownership change
8 Feb 21
SC 13G/A
FLUSHING FINANCIAL / WELLINGTON MANAGEMENT ownership change
4 Feb 21
4
FLUSHING FINANCIAL / JOHN R BURAN ownership change
2 Feb 21
4
FLUSHING FINANCIAL / Michael Bingold ownership change
2 Feb 21
4
FLUSHING FINANCIAL / Susan Cullen ownership change
2 Feb 21
4
FLUSHING FINANCIAL / Maria A Grasso ownership change
2 Feb 21
4
FLUSHING FINANCIAL / FRANCIS W KORZEKWINSKI ownership change
2 Feb 21
Transcripts
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
22 Jul 20
2020 Q1
Earnings call transcript
3 May 20
2019 Q4
Earnings call transcript
31 Jan 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
24 Jul 19
2019 Q1
Earnings call transcript
3 May 19
2018 Q4
Earnings call transcript
1 Feb 19
2018 Q3
Earnings call transcript
24 Oct 18
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