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Flushing Financial Corporation - FFIC STOCK NEWS

Welcome to our dedicated page for Flushing Financial Corporation news (Ticker: FFIC), a resource for investors and traders seeking the latest updates and insights on Flushing Financial Corporation stock.

Flushing Financial Corporation (Nasdaq: FFIC), the holding company for Flushing Bank, is a prominent player in the banking sector, providing a diverse range of financial services to consumers, businesses, professionals, corporate clients, and public entities. Established in 1929, Flushing Bank operates 19 banking offices strategically located in Queens, Brooklyn, Manhattan, and Nassau County.

Renowned for its real estate lending expertise, Flushing Bank’s experienced lending team crafts tailored mortgage solutions for property owners and managers both within and beyond the New York City metropolitan area. The bank’s product portfolio includes multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, and small business administration loans.

To enhance customer convenience, Flushing Bank also offers online banking services through its platforms, iGObanking.com® and BankPurely®. These platforms provide competitively priced deposit products to consumers nationwide, reinforcing the bank's commitment to accessible and efficient banking solutions.

Flushing Financial Corporation recently announced its participation in The Microcap Conference, showcasing its robust financial health and strategic initiatives. President and CEO John R. Buran and CFO Susan K. Cullen will represent the company, highlighting its strong credit profile, conservative underwriting, and commitment to maintaining liquidity and capital strength.

The company’s latest financial disclosures reveal a focus on enhancing Net Interest Margin (NIM) and reducing volatility. With a sound capital structure and low levels of nonperforming loans, Flushing Financial Corporation demonstrates a resilient performance, even amidst market fluctuations.

Flushing Financial Corporation’s commitment to personalized banking, underscored by multi-lingual customer service and community-centric operations, positions it as a unique and reliable financial institution. As an FDIC member and Equal Housing Lender, the company continues to build on its legacy of trust and excellence in the financial community.

News

Flushing Financial Corporation Reports 1Q24 GAAP and Core EPS of $0.12 and $0.14, Respectively; Excellent Quality Driven by Low Risk Credit Profile

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Flushing Financial reports solid 1Q24 financial results with GAAP and Core EPS of $0.12 and $0.14, respectively, driven by an excellent quality low-risk credit profile. The company highlights its strong performance over its 95-year history.
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Flushing Financial Corporation To Host First Quarter 2024 Earnings Conference Call

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Flushing Financial (FFIC) announces first quarter 2024 earnings release and conference call. The parent holding company for Flushing Bank will discuss strategy and results on April 24, 2024. Flushing Bank offers a wide range of banking services and focuses on personalized customer relationships.
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Flushing Financial Corporation Declares Quarterly Dividend of $0.22 per Share

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Flushing Financial Corporation (Nasdaq: FFIC) declares a quarterly dividend of $0.22 per common share, marking the 111th consecutive quarterly dividend. The company focuses on increasing NIM, maintaining credit discipline, preserving liquidity and capital, and reducing expenses in 2024. Flushing Bank, the FDIC insured commercial bank, offers a range of banking services in New York since 1929.
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Flushing Financial Corporation To Meet With Institutional Investors

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Flushing Financial Corporation (FFIC) announced the availability of presentation materials for upcoming investor events, detailing their multifamily lending portfolio. The Company will attend the 2024 RBC Capital Markets Financial Institutions Conference on March 6, 2024. Flushing Bank, established in 1929, offers a range of banking services in New York, emphasizing personalized customer service and real estate lending. The Bank also serves consumers nationwide through online banking. The PR highlights the Company's commitment to community relationships and financial services.
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Flushing Financial Corporation Reports 2023 and 4Q23 GAAP EPS of $0.96 and $0.27, and Core EPS of $0.83 and $0.25, Respectively; Continues to Successfully Execute On Its Action Plan

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Flushing Financial Corporation (FFIC) reported sequential GAAP and Core NIM expansion in 4Q23, with total average deposits increasing 3.1% YoY and 0.9% QoQ. The company's loan portfolio remains resilient, and credit quality continues to be a strength with less than one basis point of net charge-offs in 4Q23. However, nonperforming assets to total assets increased to 54 bps compared to 45 bps in 3Q23, and criticized and classified loans to loans was 1.11% in 4Q23, compared to 1.08% in 3Q23. The company reported fourth quarter and full year 2023 GAAP EPS of $0.27 and $0.96, respectively, with Core EPS for the fourth quarter and full year of 2023 totaling $0.25 and $0.83, respectively.
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Flushing Financial Corporation Announces Participation in The Microcap Conference

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Flushing Financial Corporation (NASDAQ: FFIC) to participate in The Microcap Conference on January 30-February 1, 2024
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Flushing Financial Corporation To Host Fourth Quarter and Full Year 2023 Earnings Call

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Flushing Financial Corporation (FFIC) will release its Q4 and full year 2023 earnings on January 25, 2024. The conference call to discuss the results will be held on January 26, 2024. Flushing Bank, the FDIC insured commercial bank, operates in New York and offers a range of banking services. The Bank focuses on building relationships with families, business owners, and communities since 1929. The bank also caters to multicultural markets by providing personalized attention and services in multiple languages. Flushing Financial Corporation is a leader in real estate lending and also has an online banking division.
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Flushing Bank Hosts Ribbon Cutting Ceremony at New Location in Bensonhurst, Brooklyn

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Flushing Financial Corporation (FFIC) hosts ribbon cutting ceremony for new branch in Brooklyn, NY, presenting check to Chinese American Planning Council.
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Flushing Bank Participating in Federal Home Loan Bank of New York’s (FHLBNY) 2023 Small Business Recovery Grant Program

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Flushing Financial Corporation (FFIC) announced that its subsidiary, Flushing Bank, is participating in the FHLBNY 2023 Small Business Recovery Grant Program. The program aims to aid small businesses and non-profit organizations affected by economic challenges such as the rate environment, inflation, supply-chain constraints, and rising energy costs.
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Flushing Financial Corporation Declares Quarterly Dividend of $0.22 per Share

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Flushing Financial Corporation (FFIC) announced a quarterly dividend of $0.22 per common share, marking the 110th consecutive quarterly dividend. The company is committed to returning capital to shareholders and is focused on enhancing its business model and financial performance. Flushing Bank, the company's subsidiary, offers a wide range of banking services and has been building relationships with customers since 1929.
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FAQ

What services does Flushing Financial Corporation offer?

Flushing Financial Corporation provides a variety of banking services including deposit, loan, equipment finance, and cash management services for consumers, businesses, and public entities.

Where are Flushing Bank’s offices located?

Flushing Bank operates 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County.

What is iGObanking.com®?

iGObanking.com® is Flushing Bank’s online division, offering competitively priced deposit products to consumers nationwide.

Who is the CEO of Flushing Financial Corporation?

John R. Buran is the President and Chief Executive Officer of Flushing Financial Corporation.

How does Flushing Bank support real estate lending?

Flushing Bank’s experienced lending team provides mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area.

Is Flushing Financial Corporation FDIC insured?

Yes, Flushing Financial Corporation is FDIC insured and a New York State-chartered commercial bank.

What recent events has Flushing Financial Corporation participated in?

Flushing Financial Corporation recently participated in The Microcap Conference, showcasing its strategic initiatives and financial health.

How does Flushing Financial Corporation maintain its credit quality?

The company maintains a conservative underwriting approach, ensuring low levels of nonperforming loans and a robust credit profile.

What is BankPurely®?

BankPurely® is an online banking platform operated by Flushing Bank, providing digital banking services tailored to consumers.

How can I get more information about Flushing Financial Corporation?

Additional information about Flushing Financial Corporation can be found on their website at FlushingBank.com.

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Flushing Financial Corporation

Nasdaq:FFIC

FFIC Rankings

#3112 Ranked by Market Cap
#499 Ranked by Dividends

FFIC Stock Data

486.32M
29.07M
4.74%
65.66%
2.01%
Savings Institutions
Finance and Insurance
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United States of America
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