Flushing Financial (FFIC) AI Stock Analysis

• Market Cap: $512.42M
• Dividend Yield: 5.16%
• Average Volume (3M): 262.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.88
• Revenue Growth: -11.91%
• EPS Growth: -235.73%
• Country: US
• Employees: 571
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.35
• Shares Outstanding: 33,778,440
• 10 Day Avg. Volume: 304,058
• 30 Day Avg. Volume: 262,511
• PEG Ratio: 0.07
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 1.05
• P/FCF Ratio: 42.34
• Enterprise Value/Market Cap: 1.69
• Enterprise Value/Revenue: 2.07
• Enterprise Value/Gross Profit: 6.02
• Enterprise Value/Ebitda: -22.03
• 1Y Price Target: $14.25
• Price Target Upside: -5.25% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: $15.50 ▲(3.06% Upside)

Overall score is driven primarily by mixed financial performance (profitability pressure offset by better cash flow and modest balance sheet stability) and weak technicals (below key moving averages with bearish momentum). Valuation is supported by a high dividend yield but tempered by a negative P/E, while the latest earnings call was moderately positive due to improving NIM, earnings, and credit trends despite deposit-cost and rate-sensitivity risks.

Positive Factors

Merger with OceanFirst

The merger with OceanFirst is expected to create a stronger combined entity with approximately $23B in assets, enhancing market position and operational scale, which can lead to improved competitive advantages and growth opportunities.

Net Interest Margin Expansion

Consistent NIM expansion indicates effective interest rate management and improved profitability, which supports long-term revenue growth and financial stability.

Improved Credit Metrics

Improving credit metrics reflect better risk management and asset quality, which enhances financial resilience and reduces potential future losses.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in maintaining market share and customer base, which can impact long-term profitability and growth prospects.

Negative Margins

Negative margins suggest operational inefficiencies and profitability challenges, which can hinder the company's ability to invest in growth and innovation.

High Deposit Costs

Rising deposit costs can pressure net interest margins and reduce profitability, posing a challenge to maintaining competitive pricing and financial performance.

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 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.

How the Company Makes Money

Flushing Financial generates revenue primarily through net interest income and non-interest income. Net interest income is derived from the interest earned on loans and securities, minus the interest paid on deposits and borrowings. The bank earns interest from various loan products, including residential mortgages, commercial real estate loans, and personal loans. Additionally, Flushing Financial generates non-interest income through service fees, account maintenance charges, and transaction fees. The bank has also established partnerships with local businesses for deposit and lending services, enhancing its revenue opportunities. Furthermore, its focus on wealth management services allows it to generate fees from asset management and investment advisory services, contributing positively to its overall earnings.

Flushing Financial Financial Statement Overview

Summary

Flushing Financial faces challenges with profitability and return on equity, despite some improvements in cash flow and debt management. The income statement shows declining profitability, while the balance sheet reflects a moderate position with a debt-to-equity ratio of 0.92. Cash flow improvements are noted, but overall financial performance remains under pressure.

Income Statement

Flushing Financial's income statement shows a declining trend in profitability. The TTM data reveals negative net profit and EBIT margins, indicating operational challenges. Despite a slight revenue growth, the company struggles with maintaining profitability, as evidenced by consistent negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet reflects a moderate financial position with a debt-to-equity ratio of 0.92 in the TTM period, showing improvement from previous years. However, the negative return on equity indicates that the company is not generating sufficient returns on its equity base, posing a risk to investors.

Cash Flow

Cash flow analysis shows improvement in free cash flow growth, with a significant increase in the TTM period. The operating cash flow to net income ratio suggests that the company is generating cash efficiently relative to its net income, despite the latter being negative.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	419.52M	408.09M	424.06M	326.63M	292.25M	275.33M
Gross Profit	143.85M	115.17M	191.22M	248.54M	256.60M	183.08M
EBITDA	-39.34M	-42.12M	46.28M	110.78M	116.31M	51.39M
Net Income	-34.39M	-31.33M	28.66M	76.94M	81.79M	34.67M
Balance Sheet
Total Assets	8.87B	9.04B	8.54B	8.42B	8.05B	7.98B
Cash, Cash Equivalents and Short-Term Investments	1.53B	1.56B	803.52M	648.53M	858.96M	805.36M
Total Debt	540.71M	962.50M	882.10M	1.10B	869.70M	1.08B
Total Liabilities	8.16B	8.31B	7.87B	7.75B	7.37B	7.36B
Stockholders Equity	711.23M	724.54M	669.84M	677.16M	679.63M	619.00M
Cash Flow
Free Cash Flow	51.89M	10.10M	29.10M	81.41M	84.92M	68.77M
Operating Cash Flow	55.86M	12.41M	34.59M	85.75M	88.60M	71.28M
Investing Cash Flow	297.75M	-505.60M	-94.26M	-351.82M	-106.78M	93.10M
Financing Cash Flow	-478.32M	473.61M	80.08M	336.09M	-57.48M	-56.77M

Flushing Financial Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.04
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FFIC, the sentiment is Neutral. The current price of 15.04 is below the 20-day moving average (MA) of 16.01, below the 50-day MA of 15.82, and above the 200-day MA of 13.18, indicating a neutral trend. The MACD of -0.35 indicates Positive momentum. The RSI at 40.38 is Neutral, neither overbought nor oversold. The STOCH value of 53.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FFIC.

Flushing Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GCBC	75 Outperform	$380.55M	11.18	14.53%	1.63%	13.16%	37.40%
HBCP	75 Outperform	$464.84M	10.57	10.86%	1.92%	6.25%	24.92%
BSRR	72 Outperform	$458.40M	11.80	11.07%	3.03%	-0.65%	14.14%
KRNY	71 Outperform	$489.43M	16.20	3.92%	5.80%	4.38%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BMRC	67 Neutral	$415.89M	41.68	2.24%	3.76%	23.93%	―
FFIC	54 Neutral	$512.42M	-12.66	-5.05%	5.16%	-11.91%	-235.73%

Flushing Financial Corporate Events

Flushing Financial to Be Acquired by OceanFirst Financial

On December 29, 2025, Flushing Financial Corporation agreed to be acquired by OceanFirst Financial Corp. through a two-step merger structure under which a newly formed OceanFirst subsidiary will merge into Flushing, followed by Flushing’s merger into OceanFirst and the subsequent consolidation of Flushing Bank into OceanFirst Bank, with the combined bank expected to close in the second quarter of 2026, subject to regulatory and shareholder approvals. Flushing shareholders will receive 0.85 shares of OceanFirst common stock for each Flushing share, while governance arrangements will give six Flushing directors seats on a 17‑member OceanFirst board, name Flushing CEO John R. Buran non‑executive chairman for two years post‑closing, and preserve Flushing’s Uniondale headquarters as a regional hub. Concurrently, OceanFirst secured a $225 million capital investment from Warburg Pincus affiliates, including new common and non‑voting common‑equivalent stock and a substantial warrant, with both the investment and merger transactions cross‑conditioned on each other’s closing. Flushing and OceanFirst also entered into reciprocal voting agreements with directors and key officers to support shareholder approvals, and the merger agreement includes customary covenants, regulatory and tax closing conditions, and tiered termination fees that increase significantly if the Warburg investment fails under specified scenarios. In connection with the deal, Flushing implemented a suite of executive compensation actions effective around December 31, 2025, including cash retention awards for senior executives tied to closing and post‑closing service, accelerated pre‑payments of an estimated 85% of 2025 bonuses subject to clawback, and one‑time cash payments in exchange for terminating retiree health and welfare benefits, signaling both leadership transition planning and a cleanup of legacy benefit obligations ahead of the transaction’s completion.

The most recent analyst rating on (FFIC) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.

Flushing Financial to be Acquired by OceanFirst in Merger

On December 29, 2025, Flushing Financial Corporation and OceanFirst Financial Corp. announced they had signed a definitive Agreement and Plan of Merger under which Apollo Merger Sub Corp., a wholly owned subsidiary of OceanFirst, will merge into Flushing, followed by Flushing’s merger into OceanFirst and, the next day, the combination of Flushing Bank into OceanFirst, National Association, with OceanFirst and its bank subsidiary emerging as the surviving entities. The same day, the companies disclosed that affiliates of funds managed by Warburg Pincus LLC agreed to invest $225 million in newly issued OceanFirst equity securities substantially concurrently with the merger’s effective time, a move that is expected to strengthen OceanFirst’s capital base and support the financing and integration of the Flushing acquisition, with material implications for shareholders, customers and the regional banking market once completed.

The most recent analyst rating on (FFIC) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.

Flushing Financial Declares Quarterly Dividend

Flushing Financial Corporation announced that its Board of Directors declared a quarterly dividend of $0.22 per common share, payable on December 19, 2025, to shareholders of record on December 5, 2025.

The most recent analyst rating on (FFIC) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.

Flushing Financial Reports Strong Q3 2025 Results

On October 29, 2025, Flushing Financial Corp. released its third-quarter results, highlighting key financial improvements. The company reported strong liquidity with $3.9 billion in undrawn resources and improved asset quality, with net charge-offs decreasing significantly. Profitability saw an uptick with a 10 basis point expansion in both GAAP and Core Net Interest Margin quarter-over-quarter. Additionally, noninterest-bearing deposits increased by 7.2% quarter-over-quarter, reflecting the company’s strategic focus on enhancing profitability while maintaining credit discipline and strong liquidity.

The most recent analyst rating on (FFIC) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.