Flushing Financial (FFIC) AI Stock Analysis

• Market Cap: $429.98M
• Dividend Yield: 6.91%
• Average Volume (3M): 217.53K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 1.12
• Revenue Growth: -5.55%
• EPS Growth: -242.39%
• Country: US
• Employees: 571
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.23
• Shares Outstanding: 33,777,008
• 10 Day Avg. Volume: 327,445
• 30 Day Avg. Volume: 217,528
• PEG Ratio: 0.22
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.89
• Enterprise Value/Market Cap: 1.42
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 4.91
• Enterprise Value/Ebitda: -30.12
• 1Y Price Target: $14.50
• Price Target Upside: 13.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 52 Neutral
• Price Target: $12.00 ▼(-5.73%Downside)

Flushing Financial's overall stock score reflects significant financial challenges, as evidenced by negative profitability and leverage concerns. However, technical indicators suggest a neutral trend, while positive liquidity and corporate events provide some support. High dividend yields and efforts to enhance profitability may offer opportunities for improvement.

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 Corporation primarily generates revenue through the interest income earned on loans and investments. The bank provides a variety of loan products, such as residential and commercial real estate loans, small business loans, and consumer loans. Interest income from these loans constitutes a significant portion of its revenue. Additionally, the company earns revenue through fees and service charges related to its deposit accounts and other banking services. Flushing Financial also invests in securities, which contribute to its income through interest and dividend earnings. The bank's strategic focus on its core New York market, along with its emphasis on customer service and competitive product offerings, helps drive its profitability.

Flushing Financial Financial Statement Overview

Summary

Flushing Financial faces substantial challenges, particularly in income generation and cash flow management. The income statement reveals negative profitability with a net loss, while cash flows indicate potential liquidity issues. The balance sheet shows moderate stability with improved leverage management, but overall, financial performance is weak.

Income Statement

The income statement shows significant challenges, with a negative net income and EBIT for the latest year. The company's revenue decreased from 2022 to 2023, indicating a decline. Margins have suffered, with a negative EBIT margin of -2.05% and a net profit margin of -6.73%, reflecting struggles in profitability and operational efficiency.

Balance Sheet

The balance sheet presents a moderate picture. The debt-to-equity ratio improved due to lower debt levels, but equity remains relatively low compared to total assets, with an equity ratio of 8.02%. ROE stands at -4.33%, indicating losses relative to equity, but the decrease in total debt is a positive sign of improved leverage management.

Cash Flow

The cash flow statement is concerning with operating and free cash flows reported as zero in the latest year, signaling difficulties in generating cash. The absence of free cash flow growth and operational cash flow to net income ratio suggests potential liquidity issues, despite previous years showing positive free cash flow performance.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	417.12M	408.09M	424.06M	326.63M	292.25M	275.33M
Gross Profit	124.03M	115.17M	191.22M	248.54M	256.60M	183.08M
EBITDA	-53.25M	-42.12M	46.28M	110.78M	115.70M	51.39M
Net Income	-44.81M	-31.33M	28.66M	76.94M	81.79M	34.67M
Balance Sheet
Total Assets	9.01B	9.04B	8.54B	8.42B	8.05B	7.98B
Cash, Cash Equivalents and Short-Term Investments	1.63B	1.56B	803.52M	648.53M	858.96M	805.36M
Total Debt	465.93M	962.50M	882.10M	1.10B	869.70M	1.08B
Total Liabilities	8.31B	8.31B	7.87B	7.75B	7.37B	7.36B
Stockholders Equity	702.85M	724.54M	669.84M	677.16M	679.63M	619.00M
Cash Flow
Free Cash Flow	21.77M	10.10M	29.10M	81.41M	84.92M	68.77M
Operating Cash Flow	25.49M	12.41M	34.59M	85.75M	88.60M	71.28M
Investing Cash Flow	-214.95M	-505.60M	-94.26M	-351.82M	-106.78M	93.10M
Financing Cash Flow	250.64M	473.61M	80.08M	336.09M	-57.48M	-56.77M

Flushing Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.73
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 12.73 is above the 20-day moving average (MA) of 11.87, above the 50-day MA of 12.08, and below the 200-day MA of 13.59, indicating a neutral trend. The MACD of 0.09 indicates Negative momentum. The RSI at 64.15 is Neutral, neither overbought nor oversold. The STOCH value of 86.79 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FFIC.

Flushing Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AROW	75 Outperform	$467.24M	16.52	7.25%	4.00%	11.46%	-1.07%
UNTY	71 Outperform	$522.72M	12.22	15.17%	1.07%	6.99%	12.46%
COFS	67 Neutral	$452.67M	25.09	2.27%	3.71%	24.39%	-56.57%
ACNB	67 Neutral	$459.79M	15.10	7.44%	3.04%	22.16%	-15.57%
Sector *	64 Neutral	$6.68B	11.24	6.71%	5.07%	25.00%	2.19%
ALTI	53 Neutral	$594.43M	―	-23.15%	―	-10.84%	-58.05%
FFIC	52 Neutral	$429.98M	16.43	-6.53%	6.91%	-5.55%	-242.39%

Flushing Financial Corporate Events

Flushing Financial Holds Annual Stockholder Meeting

At Flushing Financial‘s annual stockholder meeting on May 28, 2025, several key matters were voted on, including the election of directors and the approval of executive compensation. Four directors were elected to serve until the 2028 meeting, and the advisory approval of executive compensation passed with a significant majority. Additionally, the appointment of BDO USA, P.C. as the independent registered public accounting firm for 2025 was ratified, indicating continued confidence in the company’s financial oversight.

The most recent analyst rating on (FFIC) stock is a Hold with a $16.50 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 Announcement

Flushing Financial Corporation announced that its Board of Directors declared a quarterly dividend of $0.22 per common share, to be paid on June 20, 2025, to shareholders of record as of June 13, 2025. This decision reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (FFIC) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.

Flushing Financial Reports Strong Q1 2025 Liquidity

On May 21, 2025, Flushing Financial Corp. released its financial highlights for the first quarter of 2025, showcasing a strong liquidity position with $4 billion in undrawn lines and resources. The company reported an improved loan-to-deposit ratio, with average total deposits increasing by 6.8% year-over-year. Despite a decrease in net loans due to weak market demand, the company achieved a net interest margin (NIM) expansion, with GAAP NIM increasing by 12 basis points quarter-over-quarter. Flushing Financial also emphasized its low-risk credit profile and conservative loan underwriting, maintaining strong asset quality and outperforming industry standards in credit metrics.

The most recent analyst rating on (FFIC) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Flushing Financial stock, see the FFIC Stock Forecast page.

Flushing Financial Reports Strong Q1 2025 Results

On April 29, 2025, Flushing Financial Corp. released its first quarter results for 2025, highlighting strong liquidity with $4.0 billion in undrawn lines and resources. The company reported an improved loan to deposit ratio and an increase in average total deposits. Despite a decrease in net loans due to weak market demand, the company maintained a stable tangible common equity ratio. The net interest margin (NIM) expanded, reflecting improved profitability. Flushing Financial continues to focus on enhancing profitability and maintaining a low-risk credit profile, with a history of better than industry credit quality.