Flushing Finl Corp Financials

FFIC

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Flushing Finl Corp (FFIC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

2/9

Flushing Finl Corp passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Mixed

-0.40x

For every $1 of reported earnings, Flushing Finl Corp generates $-0.40 in operating cash flow ($12.4M OCF vs -$31.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Revenue

$6.9M

YoY-19.7%

5Y CAGR+13.3%

10Y CAGR-28.4%

Flushing Finl Corp generated $6.9M in revenue in fiscal year 2024. This represents a decrease of 19.7% from the prior year.

EBITDA

N/A

Free Cash Flow

$10.1M

YoY-65.3%

5Y CAGR-29.9%

10Y CAGR-15.3%

Flushing Finl Corp generated $10.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 65.3% from the prior year.

Net Income

-$31.3M

YoY-209.3%

Flushing Finl Corp reported -$31.3M in net income in fiscal year 2024. This represents a decrease of 209.3% from the prior year.

EPS (Diluted)

$-1.05

YoY-209.4%

Flushing Finl Corp earned $-1.05 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 209.4% from the prior year.

Cash & Debt

$152.6M

YoY-11.4%

5Y CAGR+25.1%

10Y CAGR+16.1%

Flushing Finl Corp held $152.6M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.88

YoY+0.0%

5Y CAGR+0.9%

Flushing Finl Corp paid $0.88 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

34M

YoY+16.6%

5Y CAGR+3.6%

10Y CAGR+1.4%

Flushing Finl Corp had 34M shares outstanding in fiscal year 2024. This represents an increase of 16.6% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-451.0%

YoY-782.4pp

5Y CAGR-1559.8pp

10Y CAGR-473.5pp

Flushing Finl Corp's net profit margin was -451.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 782.4 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$2.3M

YoY-57.9%

5Y CAGR-11.3%

10Y CAGR-6.1%

Flushing Finl Corp invested $2.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 57.9% from the prior year.

FFIC Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$6.9M-19.7%	$8.7M+68.9%	$5.1M-14.1%	$6.0M+32.6%	$4.5M+20.9%	$3.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$283.4M+27.4%	$222.3M+204.5%	$73.0M+79.9%	$40.6M-41.3%	$69.1M-40.9%	$117.0M
Income Tax	-$16.9M-251.6%	$11.2M-60.0%	$27.9M+1.5%	$27.5M+161.6%	$10.5M-12.8%	$12.1M
Net Income	-$31.3M-209.3%	$28.7M-62.7%	$76.9M-5.9%	$81.8M+135.9%	$34.7M-16.0%	$41.3M
EPS (Diluted)	$-1.05-209.4%	$0.96-61.6%	$2.50-3.5%	$2.59+119.5%	$1.18-18.1%	$1.44

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$2.0M+2.7%	$1.9M+28.1%	$1.5M-98.7%	$120.0M+6606.1%	$1.8M+13.1%	$1.6M+13.6%	$1.4M-98.7%	$108.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$62.6M-2.4%	$64.2M+1.0%	$63.5M-7.6%	$68.8M-10.6%	$77.0M+9.3%	$70.5M+5.0%	$67.1M+7.1%	$62.7M
Income Tax	$3.2M-31.7%	$4.7M+22.5%	$3.9M+117.1%	-$22.6M-986.4%	$2.6M+40.6%	$1.8M+38.2%	$1.3M-64.1%	$3.7M
Net Income	$10.4M-26.4%	$14.2M+245.0%	-$9.8M+80.1%	-$49.2M-652.9%	$8.9M+67.3%	$5.3M+44.5%	$3.7M-54.5%	$8.1M
EPS (Diluted)	$0.30-26.8%	$0.41+241.4%	$-0.29+82.0%	$-1.61-636.7%	$0.30+66.7%	$0.18+50.0%	$0.12-55.6%	$0.27

FFIC Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$9.0B+5.9%	$8.5B+1.4%	$8.4B+4.7%	$8.0B+0.9%	$8.0B+13.7%	$7.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$152.6M-11.4%	$172.2M+13.4%	$151.8M+85.7%	$81.7M-48.1%	$157.4M+216.1%	$49.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$17.6M0.0%	$17.6M0.0%	$17.6M0.0%	$17.6M0.0%	$17.6M+9.4%	$16.1M
Total Liabilities	$8.3B+5.7%	$7.9B+1.6%	$7.7B+5.2%	$7.4B+0.1%	$7.4B+14.3%	$6.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$724.5M+8.2%	$669.8M-1.1%	$677.2M-0.4%	$679.6M+9.8%	$619.0M+6.8%	$579.7M
Retained Earnings	$492.0M-10.5%	$549.7M+0.4%	$547.5M+10.0%	$497.9M+12.4%	$442.8M+2.0%	$434.0M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$8.9B+1.1%	$8.8B-2.6%	$9.0B-0.3%	$9.0B-2.6%	$9.3B+2.0%	$9.1B+3.3%	$8.8B+3.2%	$8.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$142.9M-4.8%	$150.1M-44.8%	$271.9M+78.2%	$152.6M-43.0%	$267.6M+70.6%	$156.9M-25.5%	$210.7M+22.4%	$172.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	$17.6M0.0%	$17.6M0.0%	$17.6M0.0%	$17.6M0.0%	$17.6M
Total Liabilities	$8.2B+1.1%	$8.1B-2.8%	$8.3B-0.1%	$8.3B-3.5%	$8.6B+2.2%	$8.4B+3.6%	$8.1B+3.4%	$7.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$711.2M+0.7%	$706.4M+0.5%	$702.9M-3.0%	$724.5M+8.6%	$666.9M+0.2%	$665.3M-0.7%	$669.8M0.0%	$669.8M
Retained Earnings	$483.9M+0.6%	$481.1M+1.4%	$474.5M-3.6%	$492.0M-10.2%	$547.7M+0.4%	$545.3M-0.2%	$546.5M-0.6%	$549.7M

FFIC Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$12.4M-64.1%	$34.6M-59.7%	$85.8M-3.2%	$88.6M+24.3%	$71.3M+11.8%	$63.8M
Capital Expenditures	$2.3M-57.9%	$5.5M+26.4%	$4.3M+18.0%	$3.7M+46.5%	$2.5M-40.4%	$4.2M
Free Cash Flow	$10.1M-65.3%	$29.1M-64.3%	$81.4M-4.1%	$84.9M+23.5%	$68.8M+15.5%	$59.6M
Investing Cash Flow	-$505.6M-436.4%	-$94.3M+73.2%	-$351.8M-229.5%	-$106.8M-214.7%	$93.1M+147.8%	-$194.8M
Financing Cash Flow	$473.6M+491.4%	$80.1M-76.2%	$336.1M+684.7%	-$57.5M-1.2%	-$56.8M-191.2%	$62.2M
Dividends Paid	$26.0M-0.8%	$26.3M-2.9%	$27.0M+1.9%	$26.5M+6.9%	$24.8M+2.7%	$24.1M
Share Buybacks	N/A	$11.5M-57.9%	$27.2M+139.6%	$11.4M+193.3%	$3.9M+46.0%	$2.7M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$19.6M-24.1%	$25.8M+276.2%	$6.9M+86.8%	$3.7M-32.1%	$5.4M-43.5%	$9.6M+253.6%	-$6.2M-126.8%	$23.3M
Capital Expenditures	$244K-81.7%	$1.3M-21.8%	$1.7M+146.7%	$690K+24.5%	$554K-28.9%	$779K+171.4%	$287K-80.4%	$1.5M
Free Cash Flow	$19.3M-21.0%	$24.4M+374.7%	$5.2M+72.9%	$3.0M-38.6%	$4.8M-44.8%	$8.8M+234.9%	-$6.5M-129.9%	$21.8M
Investing Cash Flow	-$35.0M-132.1%	$109.0M+42.2%	$76.7M-47.9%	$147.1M+276.4%	-$83.4M+76.5%	-$355.3M-66.0%	-$214.0M-1023.9%	-$19.0M
Financing Cash Flow	$8.3M+103.2%	-$256.6M-816.5%	$35.8M+113.5%	-$265.8M-240.9%	$188.7M-35.4%	$291.9M+12.8%	$258.8M+884.6%	-$33.0M
Dividends Paid	$7.6M-0.1%	$7.6M+0.9%	$7.5M+16.4%	$6.5M-1.3%	$6.5M+0.6%	$6.5M-0.5%	$6.5M+1.0%	$6.5M
Share Buybacks	N/A	N/A	N/A	N/A	$0	$0	$0-100.0%	$637K

FFIC Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-451.0%-782.4pp	331.3%-1170.9pp	1502.3%+131.0pp	1371.2%+600.7pp	770.5%-338.2pp	1108.8%
Return on Equity	N/A	4.3%-7.1pp	11.4%-0.7pp	12.0%+6.4pp	5.6%-1.5pp	7.1%
Return on Assets	-0.4%-0.7pp	0.3%-0.6pp	0.9%-0.1pp	1.0%+0.6pp	0.4%-0.2pp	0.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	11.48-0.3	11.75+0.3	11.44+0.6	10.84-1.0	11.89+0.8	11.11
FCF Margin	145.4%-190.9pp	336.3%-1253.1pp	1589.5%+165.9pp	1423.6%-104.5pp	1528.1%-71.6pp	1599.7%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	522.3%-206.8pp	729.1%+1373.2pp	-644.0%-603.0pp	-41.0%-538.6pp	497.5%+161.3pp	336.2%+71.9pp	264.3%+256.8pp	7.4%
Return on Equity	1.5%-0.5pp	2.0%	N/A	N/A	1.3%+0.5pp	0.8%+0.3pp	0.5%-0.7pp	1.2%
Return on Assets	0.1%-0.0pp	0.2%+0.3pp	-0.1%+0.4pp	-0.5%-0.6pp	0.1%+0.0pp	0.1%+0.0pp	0.0%-0.1pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	11.47+0.0	11.42-0.4	11.82+0.3	11.48-1.4	12.92+0.2	12.67+0.5	12.15+0.4	11.75
FCF Margin	965.9%-289.1pp	1254.9%+916.3pp	338.6%+336.1pp	2.5%-268.4pp	270.9%-284.4pp	555.3%+1022.8pp	-467.4%-487.5pp	20.0%

Similar Companies

Red River Bancshares RRBI

$596.6M

Northfield Banco NFBK

$570.5M

Arrow Finl Corp AROW

$574.9M

Acnb Corp ACNB

$551.6M

Home Bancorp Inc HBCP

$482.9M

Frequently Asked Questions

What is Flushing Finl Corp's annual revenue?

Flushing Finl Corp (FFIC) reported $6.9M in total revenue for fiscal year 2024. This represents a -19.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Flushing Finl Corp's revenue growing?

Flushing Finl Corp (FFIC) revenue declined by 19.7% year-over-year, from $8.7M to $6.9M in fiscal year 2024.

Is Flushing Finl Corp profitable?

No, Flushing Finl Corp (FFIC) reported a net income of -$31.3M in fiscal year 2024, with a net profit margin of -451.0%.

What is Flushing Finl Corp's earnings per share (EPS)?

Flushing Finl Corp (FFIC) reported diluted earnings per share of $-1.05 for fiscal year 2024. This represents a -209.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Flushing Finl Corp's net profit margin?

Flushing Finl Corp (FFIC) had a net profit margin of -451.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Flushing Finl Corp pay dividends?

Yes, Flushing Finl Corp (FFIC) paid $0.88 per share in dividends during fiscal year 2024.

What is Flushing Finl Corp's free cash flow?

Flushing Finl Corp (FFIC) generated $10.1M in free cash flow during fiscal year 2024. This represents a -65.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Flushing Finl Corp's operating cash flow?

Flushing Finl Corp (FFIC) generated $12.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Flushing Finl Corp's total assets?

Flushing Finl Corp (FFIC) had $9.0B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Flushing Finl Corp's capital expenditures?

Flushing Finl Corp (FFIC) invested $2.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Flushing Finl Corp have outstanding?

Flushing Finl Corp (FFIC) had 34M shares outstanding as of fiscal year 2024.

What is Flushing Finl Corp's debt-to-equity ratio?

Flushing Finl Corp (FFIC) had a debt-to-equity ratio of 11.48 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Flushing Finl Corp's return on assets (ROA)?

Flushing Finl Corp (FFIC) had a return on assets of -0.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Flushing Finl Corp's Piotroski F-Score?

Flushing Finl Corp (FFIC) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Flushing Finl Corp's earnings high quality?

Flushing Finl Corp (FFIC) has an earnings quality ratio of -0.40x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.