Flushing Financial Corp. (FFIC)
NASDAQ:FFIC
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Flushing Financial
(NASDAQ:FFIC)
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Rating:57Neutral
Price Target:
$16.50
▲(1.66% Upside)
Action:ReiteratedDate:04/07/26
The score is held back primarily by weak cash-flow quality in 2025 (operating/free cash flow reported at zero) and profitability that remains well below prior-cycle peaks despite improved leverage and a return to net profitability. Technicals are moderately supportive with price above key moving averages but mixed momentum, while valuation is balanced by a high dividend yield offset by a relatively high P/E. Corporate events add a modest positive tilt due to merger progress and ongoing dividends.
Positive Factors
Merger approvals progress
Advancing regulatory and shareholder approvals materially de‑risk the planned OceanFirst merger, a structural transaction that would add scale and geographic diversification. If consummated, the combination can deliver lasting revenue diversification, cost synergies and a larger deposit base over multiple quarters.
Negative Factors
Weak cash generation
An abrupt drop to zero operating and free cash flow is a structural red flag for earnings quality and internal funding ability. Weak cash conversion limits the bank’s capacity to self‑fund loan growth, dividends or acquisitions, and increases reliance on external funding or balance‑sheet adjustments over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Merger approvals progress
Advancing regulatory and shareholder approvals materially de‑risk the planned OceanFirst merger, a structural transaction that would add scale and geographic diversification. If consummated, the combination can deliver lasting revenue diversification, cost synergies and a larger deposit base over multiple quarters.
Read all positive factors
Flushing Financial (FFIC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$549.93M
Dividend Yield5.16%
Average Volume (3M)262.51K
Price to Earnings (P/E)27.7
Beta (1Y)0.96
Revenue Growth-11.91%
EPS Growth-235.73%
CountryUS
Employees571
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.32
Shares Outstanding33,883,625
10 Day Avg. Volume304,058
30 Day Avg. Volume262,511
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)0.74
Price to Sales (P/S)1.15
P/FCF Ratio9.38
Enterprise Value/Market Cap1.85
Enterprise Value/Revenue2.08
Enterprise Value/Gross Profit4.50
Enterprise Value/Ebitda25.32
Forecast
1Y Price Target
$16.80Price Target Upside3.51% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)1.53
Revenue Forecast (FY)$259.09M
Flushing Financial Business Overview & Revenue Model
Company Description
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 an...
How the Company Makes Money
Flushing Financial primarily makes money through net interest income and, to a lesser extent, non-interest income. Net interest income is earned from the spread between (1) interest income generated on interest-earning assets—mainly loans such as ...
Flushing Financial Earnings Call Summary
Earnings Call Date:Oct 29, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Apr 28, 2026
Earnings Call Sentiment Positive
The earnings call revealed strong financial performance, with significant improvements in earnings, net interest margin, and credit metrics. However, challenges such as high deposit costs and limited prioritization of stock buybacks were noted. The company's outlook remains positive, driven by expected loan repricing benefits.Positive Updates
Strong Financial Performance
Flushing Financial Corporation reported a GAAP earnings per share of $0.30 and core earnings per share of $0.35, with core earnings improving 55% from a year ago.
Negative Updates
High Costs of Deposits
The overall cost of deposits increased slightly quarter-over-quarter to 3.11%, although efforts are underway to lower these costs.
Read all updates
Q3-2025 Updates
Positive
Negative
Strong Financial Performance
Flushing Financial Corporation reported a GAAP earnings per share of $0.30 and core earnings per share of $0.35, with core earnings improving 55% from a year ago.
Read all positive updates
Company Guidance
During the Flushing Financial Corporation's Third Quarter 2025 Earnings Conference Call, the company provided guidance on several key metrics, reflecting its strong performance and strategic focus. The company reported GAAP earnings per share of $0.30 and core earnings per share of $0.35, with core earnings improving by 55% year-over-year. The net interest margin (NIM) expanded by 10 basis points quarter-over-quarter, with the GAAP NIM reaching 2.64% and the core NIM at 2.62%. Noninterest-bearing deposits grew 7.2% sequentially, and the tangible common equity ratio remained stable at 8.01%, improving by 101 basis points from the previous year. The company also highlighted the expected repricing of real estate loans, which are projected to increase by approximately 147 basis points through 2027, contributing to future NIM expansion. Flushing Financial's balance sheet remains robust, with $3.9 billion in undrawn lines and resources, and a focus on maintaining credit discipline, as evidenced by a net charge-off rate of 7 basis points for the quarter. The company anticipates stable total assets for the remainder of 2025 and is positioned to capitalize on the upward repricing of its loan portfolio in the coming years.Flushing Financial Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
58
Neutral
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 453.22M | 408.09M | 424.06M | 326.63M | 292.25M |
| Gross Profit | 189.73M | 115.17M | 191.22M | 248.54M | 256.60M |
| EBITDA | 39.86M | -42.12M | 46.28M | 110.78M | 116.31M |
| Net Income | 18.88M | -31.33M | 28.66M | 76.94M | 81.79M |
Balance Sheet | |||||
| Total Assets | 8.69B | 9.04B | 8.54B | 8.42B | 8.05B |
| Cash, Cash Equivalents and Short-Term Investments | 126.08M | 1.56B | 803.52M | 648.53M | 858.96M |
| Total Debt | 592.34M | 962.50M | 882.10M | 1.10B | 869.70M |
| Total Liabilities | 7.99B | 8.31B | 7.87B | 7.75B | 7.37B |
| Stockholders Equity | 707.98M | 724.54M | 669.84M | 677.16M | 679.63M |
Cash Flow | |||||
| Free Cash Flow | 55.80M | 10.10M | 29.10M | 81.41M | 84.92M |
| Operating Cash Flow | 61.02M | 12.41M | 34.59M | 85.75M | 88.60M |
| Investing Cash Flow | 246.53M | -505.60M | -94.26M | -351.82M | -106.78M |
| Financing Cash Flow | -334.05M | 473.61M | 80.08M | 336.09M | -57.48M |
Flushing Financial Technical Analysis
Positive
16.23
Price Trends
15.60
Positive
15.66
Positive
14.16
Positive
Market Momentum
0.03
Negative
60.80
Neutral
94.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FFIC, the sentiment is Positive. The current price of 16.23 is above the 20-day moving average (MA) of 15.13, above the 50-day MA of 15.60, and above the 200-day MA of 14.16, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 60.80 is Neutral, neither overbought nor oversold. The STOCH value of 94.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FFIC.
Flushing Financial Risk Analysis
Flushing Financial disclosed 30 risk factors in its most recent earnings report. Flushing Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Flushing Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $406.09M | 9.19 | 15.00% | 1.63% | 13.16% | 37.40% | |
73 Outperform | $502.70M | 9.75 | 11.03% | 1.92% | 6.25% | 24.92% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $433.16M | 9.53 | 2.24% | 3.76% | 23.93% | ― | |
65 Neutral | $520.50M | 12.32 | 4.31% | 5.80% | 4.38% | ― | |
64 Neutral | $468.25M | 8.40 | 11.07% | 3.03% | -0.65% | 14.14% | |
57 Neutral | $549.93M | 27.71 | 2.67% | 5.16% | -11.91% | -235.73% |
* Financial Sector Average
FFIC
Flushing Financial
16.23
5.23
47.56%
BMRC
Bank Of Marin Bancorp
26.86
6.75
33.57%
GCBC
Greene County Bancorp
23.85
2.35
10.95%
HBCP
Home Bancorp
64.15
21.20
49.35%
KRNY
Kearny Financial
8.04
2.41
42.81%
BSRR
Sierra Bancorp
35.51
10.34
41.08%
Flushing Financial Corporate Events
M&A TransactionsShareholder Meetings
Flushing Financial Shareholders Approve Merger with OceanFirst
Positive
Apr 7, 2026
On April 6, 2026, Flushing Financial and OceanFirst Financial reported that Flushing shareholders had approved the merger agreement under which a wholly‑owned OceanFirst subsidiary will first merge into Flushing, followed by Flushing’s...
Dividends
Flushing Financial Announces Upcoming Quarterly Cash Dividend
Positive
Mar 24, 2026
On April 24, 2026, Flushing Financial Corporation is scheduled to pay a quarterly cash dividend of $0.22 per share on its common stock. The dividend, declared by the company’s Board of Directors, will be distributed to shareholders of record...
Dividends
Flushing Financial Declares Quarterly Cash Dividend for Shareholders
Positive
Feb 25, 2026
Flushing Financial Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.22 per common share. The dividend is scheduled to be paid on March 27, 2026, to shareholders of record as of the close of business on Mar...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.