Welcome to our dedicated page for Flushing Finl news (Ticker: FFIC), a resource for investors and traders seeking the latest updates and insights on Flushing Finl stock.
Flushing Financial Corporation (NASDAQ: FFIC), the holding company for Flushing Bank, generates a steady flow of news related to its commercial banking operations, financial performance, and strategic initiatives. The company’s disclosures highlight its focus on serving families, business owners, and communities through branches in Queens, Brooklyn, Manhattan, and Long Island, as well as through nationwide online banking brands iGObanking and BankPurely.
News coverage for FFIC often includes quarterly and annual earnings announcements, where management discusses net interest margin trends, deposit growth, credit quality metrics, and capital levels. These updates provide insight into the bank’s loan portfolio, which the company describes as heavily secured by real estate with conservative underwriting and a focus on maintaining a low‑risk credit profile.
Investors can also expect regular press releases on dividend declarations, reflecting the company’s long history of paying quarterly dividends since its first dividend in 1996. Additional items include notices of investor presentations, conference participation, and detailed materials on topics such as multifamily lending and portfolio management.
Strategic and corporate developments are another important news category. For example, Flushing Financial and OceanFirst Financial Corp. have announced a definitive merger agreement that, if completed, would combine the two organizations and result in the merger of Flushing Bank into OceanFirst Bank, N.A. Company filings describe the transaction structure and related equity investment by affiliates of funds managed by Warburg Pincus.
This FFIC news page brings together these types of updates—earnings releases, dividends, branch expansion announcements, investor events, and merger‑related disclosures—so readers can follow how Flushing Financial’s strategy, balance sheet, and corporate actions evolve over time.
Flushing Financial Corporation (Nasdaq: FFIC) announced that John R. Buran, President and CEO, and Susan K. Cullen, CFO, will present at the Under the Radar Virtual Bank Conference on September 13, 2022. The 30-minute live presentation begins at 10:00 am EDT and can be accessed via the conference site and the investor relations section of the Company’s website. Flushing Financial, established in 1929, operates through Flushing Bank, providing various banking services across New York and nationwide through its online banking brands.
Flushing Financial Corporation (NASDAQ: FFIC) announced the pricing of a $65 million public offering of fixed-to-floating rate subordinated notes due 2032. The notes will initially carry a 6.000% interest rate, transitioning to a quarterly reset based on the three-month SOFR rate plus 313 basis points starting September 1, 2027. The offering is expected to close on August 24, 2022, pending customary conditions. Proceeds will be used for general corporate purposes, including capital for growth and regulatory needs.
Flushing Financial Corporation (Nasdaq: FFIC) completed a $65.0 million offering of fixed-to-floating rate subordinated notes due 2032 with an initial coupon rate of 6.00%. This marks the company’s second oversubscribed offering within a year, reflecting strong market confidence in its franchise. Piper Sandler & Co. served as Lead Bookrunning Manager for this transaction. The proceeds will support the company's banking operations, which offer various financial services across New York.
Flushing Financial Corporation (Nasdaq: FFIC) announced a quarterly dividend of $0.22 per share, scheduled for payment on September 30, 2022. Shareholders on record by September 2, 2022 will receive this payment, marking the 105th consecutive quarterly dividend. President John R. Buran emphasized the company’s commitment to shareholders and the strength of its low-risk business model, which is designed to withstand potential fluctuations in credit markets.
The Company reported robust second quarter 2022 results with GAAP EPS of $0.81, a 32.8% increase YoY. Core EPS was $0.70, down 4.1% YoY. Loan closings hit a record of $504 million, contributing to a 3.4% YoY growth in net loans. Despite stable net interest margin (NIM) at 3.35%, future rate increases may pressure it. Nonperforming assets rose to $48.9 million, significantly up from $14.1 million in 1Q22. The Company maintained a strong capital position, repurchasing shares and increasing tangible book value per share by 6% YoY.
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Flushing Financial Corporation (Nasdaq: FFIC) will announce its second quarter 2022 earnings on July 26, 2022, after the market closes. The subsequent conference call, led by President John R. Buran and CFO Susan K. Cullen, is scheduled for July 27, 2022, at 9:30 AM ET. This event will cover the Company’s strategy and Q2 results, with access available via phone or webcast. Flushing Financial, parent of Flushing Bank, provides extensive banking services, fostering relationships across diverse communities since 1929.
Flushing Financial Corporation (Nasdaq: FFIC) announces participation in the East Coast IDEAS Investor Conference on June 22, 2022. John R. Buran, President and CEO, alongside CFO Susan K. Cullen, will present at 6:00 am EDT. The presentation will be available on the conference website and accessible through the Company’s investor relations section until June 23rd. The IDEAS Conferences connect quality companies with investment professionals, emphasizing a unique 'sponsored by investors, for investors' model. Flushing Bank, a prominent New York-based commercial bank, has been operational since 1929.
Flushing Financial Corporation (Nasdaq: FFIC) has released its inaugural Environmental, Social, and Governance (ESG) Report, highlighting its commitment to community engagement. CEO John R. Buran emphasized the significance of this report in showcasing the company's efforts in volunteerism, community grants, and financing support for affordable housing and small businesses. Flushing Bank aims to enhance its ESG strategy as new opportunities arise, ultimately delivering value to its multicultural customer base.
Flushing Financial Corporation (Nasdaq: FFIC) announces the opening of a new branch at 85-15 Queens Boulevard, Elmhurst, NY. This expansion aims to strengthen its presence in Queens, focusing on serving the diverse local community. CEO John R. Buran emphasizes the importance of digital services for customer convenience and community engagement through financial support for local organizations. Flushing Bank offers a wide range of banking services and has a legacy of relationship-building since 1929.