Flushing Financial Corporation (FFIC) 10-Year Financial Performance & Capital Metrics

FFIC • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutFlushing 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.Show more

Net Interest Income $182M +1.6%
Total Revenue $408M -3.8%
Net Income -$31M -209.3%
Return on Equity -4.49% -205.6%
Net Interest Margin 2.01% -4.0%
Efficiency Ratio 40.05% +12.2%
ROA -0.36% -205.5%
Equity / Assets 8.02% +2.2%
Book Value per Share 24.19 +8.1%
Tangible BV/Share 23.57 +8.4%
Debt/Equity 1.33 +0.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 40.0% efficiency ratio
✓Healthy dividend yield of 5.6%
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak 3Y average ROE of 3.7%
✗Weak Piotroski F-Score: 3/9

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y7%

5Y7.19%

3Y11.77%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-247.03%

EPS CAGR

10Y-

5Y-

3Y-

TTM-236.78%

ROCE

10Y Avg3.44%

5Y Avg2.79%

3Y Avg1.77%

Latest-2.7%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	153.95M	166.6M	172.82M	167.34M	161.87M	195.16M	247.94M	243.56M	179.03M	181.88M
NII Growth %	0.05%	0.08%	0.04%	-0.03%	-0.03%	0.21%	0.27%	-0.02%	-0.26%	0.02%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	203.67M	220.52M	234.3M	256.93M	278.88M	264.28M	288.53M	316.57M	401.35M	465.23M
Interest Expense	49.73M	53.91M	61.48M	89.59M	117.02M	69.13M	40.59M	73.01M	222.32M	283.35M
Loan Loss Provision	-956K	0	9.86M	575K	2.81M	23.13M	-4.94M	5.08M	10.52M	9.57M
Non-Interest Income+	9.65M	8M	10.7M	10.43M	9.54M	11.05M	3.72M	10.07M	22.71M	-57.14M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	213.33M	228.51M	245M	267.36M	288.43M	275.33M	292.25M	326.63M	424.06M	408.09M
Revenue Growth %	0.03%	0.07%	0.07%	0.09%	0.08%	-0.05%	0.06%	0.12%	0.3%	-0.04%
Non-Interest Expense	91.18M	68.58M	107.52M	111.71M	115.27M	137.9M	147.32M	143.69M	151.39M	163.44M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	73.38M	106.02M	66.13M	65.48M	53.33M	45.18M	109.28M	104.85M	39.83M	-48.27M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.01%	0.44%	-0.38%	-0.01%	-0.19%	-0.15%	1.42%	-0.04%	-0.62%	-2.21%
Pretax Income+	73.38M	106.02M	66.13M	65.48M	53.33M	45.18M	109.28M	104.85M	39.83M	-48.27M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	27.17M	41.1M	25.01M	10.39M	12.05M	10.51M	27.48M	27.91M	11.17M	-16.93M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	46.21M	64.92M	41.12M	55.09M	41.28M	34.67M	81.79M	76.94M	28.66M	-31.33M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.04%	0.4%	-0.37%	0.34%	-0.25%	-0.16%	1.36%	-0.06%	-0.63%	-2.09%
Net Income (Continuing)	46.21M	64.92M	41.12M	55.09M	41.28M	34.67M	81.79M	76.94M	28.66M	-31.33M
EPS (Diluted)+	1.59	2.24	1.41	1.92	1.44	1.18	2.59	2.50	0.96	-1.05
EPS Growth %	0.07%	0.41%	-0.37%	0.36%	-0.25%	-0.18%	1.19%	-0.03%	-0.62%	-2.09%
EPS (Basic)	1.59	2.24	1.41	1.92	1.44	1.18	2.59	2.50	0.96	-1.05
Diluted Shares Outstanding	29.13M	28.97M	29.08M	28.71M	28.71M	29.3M	31.55M	30.82M	29.93M	29.95M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	42.36M	35.86M	51.55M	118.56M	49.79M	157.39M	81.72M	85.41M	124.21M	109.41M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	5.37B	5.71B	5.93B	6.39B	6.58B	7.37B	7.44B	7.53B	7.61B	8.27B
Investments Growth %	0.13%	0.06%	0.04%	0.08%	0.03%	0.12%	0.01%	0.01%	0.01%	0.09%
Long-Term Investments	4.37B	4.85B	5.19B	5.56B	5.81B	6.72B	6.66B	6.96B	6.94B	6.82B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	16.13M	16.13M	16.13M	16.13M	16.13M	17.64M	17.64M	17.64M	17.64M	17.64M
Intangible Assets	0	0	0	0	0	3.17M	2.56M	2.02M	1.54M	1.12M
PP&E (Net)	25.62M	26.56M	30.84M	30.42M	69.93M	78.92M	73.54M	65.04M	60.83M	63.65M
Other Assets	235.56M	247.13M	253.47M	258.37M	274.37M	309.91M	395.68M	681.19M	659.58M	514.34M
Total Current Assets	1.05B	917.47M	811.3M	966.7M	848.01M	849.4M	897.66M	693.58M	862.54M	1.62B
Total Non-Current Assets	4.65B	5.14B	5.49B	5.87B	6.17B	7.13B	7.15B	7.73B	7.67B	7.42B
Total Assets+	5.7B	6.06B	6.3B	6.83B	7.02B	7.98B	8.05B	8.42B	8.54B	9.04B
Asset Growth %	0.12%	0.06%	0.04%	0.08%	0.03%	0.14%	0.01%	0.05%	0.01%	0.06%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0%	0.01%	0.01%	0%	-0%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	1.27B	1.27B	1.31B	1.25B	1.29B	1.08B	869.7M	1.1B	882.1M	962.5M
Net Debt	1.23B	1.23B	1.26B	1.13B	1.24B	922.61M	787.98M	1.01B	757.89M	853.09M
Long-Term Debt	1.14B	1.27B	1.31B	1.25B	1.24B	1.02B	815.54M	1.05B	841.28M	916.05M
Short-Term Debt	136M	0	0	0	0	0	0	0	0	0
Other Liabilities	67.34M	72.44M	73.73M	73.08M	85.08M	141.05M	111.14M	161.35M	170.03M	173M
Total Current Liabilities	4.03B	4.21B	4.38B	4.96B	5.07B	6.14B	6.39B	6.49B	6.82B	7.18B
Total Non-Current Liabilities	1.2B	1.34B	1.38B	1.32B	1.37B	1.22B	980.84M	1.26B	1.05B	1.14B
Total Liabilities	5.23B	5.54B	5.77B	6.28B	6.44B	7.36B	7.37B	7.75B	7.87B	8.31B
Total Equity+	473.07M	513.85M	532.61M	549.46M	579.67M	619M	679.63M	677.16M	669.84M	724.54M
Equity Growth %	0.04%	0.09%	0.04%	0.03%	0.05%	0.07%	0.1%	-0%	-0.01%	0.08%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.13%	0.08%	0.1%	0.07%	0.06%	0.13%	0.11%	0.04%	-0.04%
Book Value per Share	16.24	17.74	18.31	19.14	20.19	21.13	21.54	21.97	22.38	24.19
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	315K	315K	315K	315K	315K	341K	341K	341K	341K	387K
Additional Paid-in Capital	210.65M	214.46M	217.91M	222.72M	226.69M	261.53M	263.38M	264.33M	264.53M	326.67M
Retained Earnings	316.53M	361.19M	381.05M	414.33M	433.96M	442.79M	497.89M	547.51M	549.68M	492M
Accumulated OCI	-5.56M	-8.36M	-8.99M	-12.75M	-9.81M	-16.27M	-6.68M	-36.49M	-38.65M	7.13M
Treasury Stock	-48.87M	-53.75M	-57.67M	-75.15M	-71.49M	-69.4M	-75.29M	-98.53M	-106.07M	-101.66M
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	44.73M	42.4M	83.53M	77.3M	63.77M	71.28M	88.6M	85.75M	34.59M	12.41M
Operating CF Growth %	-0.22%	-0.05%	0.97%	-0.07%	-0.18%	0.12%	0.24%	-0.03%	-0.6%	-0.64%
Net Income	46.21M	64.92M	41.12M	55.09M	41.28M	34.67M	81.79M	76.94M	28.66M	-31.33M
Depreciation & Amortization	3.58M	4.45M	4.83M	5.79M	5.93M	6.32M	7.04M	6.47M	6.45M	6.14M
Deferred Taxes	-5.21M	-1.54M	8.73M	-2.66M	-3.9M	-4.64M	-1.73M	144K	3.72M	-15.86M
Other Non-Cash Items	-4.57M	-46M	11.58M	4.27M	8.25M	24.71M	-4.13M	-1.23M	-2.1M	80.58M
Working Capital Changes	-123K	14.69M	11.27M	7.8M	4.44M	3.76M	-1.2M	-3.38M	-7.75M	-29.58M
Cash from Investing+	-600.52M	-322.23M	-254.11M	-478M	-194.77M	93.1M	-106.78M	-351.82M	-94.26M	-505.6M
Purchase of Investments	-318.92M	-179.39M	-170.97M	-307.71M	-176.21M	-217.41M	-538.35M	-241.41M	-187.44M	-1.3B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	31.5M	0	0	0	0
Other Investing	-551.19M	-407.02M	-360.61M	-368.82M	-227.66M	-223.78M	39.93M	-276.58M	40.38M	71.58M
Cash from Financing+	563.88M	273.33M	186.28M	467.71M	62.23M	-56.77M	-57.48M	336.09M	80.08M	473.61M
Dividends Paid	-18.62M	-19.69M	-20.95M	-22.93M	-24.15M	-24.81M	-26.52M	-27.03M	-26.26M	-26.04M
Share Repurchases	-15.61M	-9.86M	-9.29M	-22.59M	-2.66M	-3.88M	-11.37M	-29.68M	-13.16M	-1.71M
Stock Issued	0	0	0	0	0	0	0	0	0	65.54M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K
Other Financing	383.66M	313.38M	177.06M	577.06M	105.38M	208.54M	199.21M	149.88M	329.2M	362.69M
Net Change in Cash+	8.1M	-6.51M	15.69M	67.02M	-68.77M	107.6M	-75.67M	70.03M	20.4M	-19.58M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	34.27M	42.36M	35.86M	51.55M	118.56M	49.79M	157.39M	81.72M	151.75M	172.16M
Cash at End	42.36M	35.86M	51.55M	118.56M	49.79M	157.39M	81.72M	151.75M	172.16M	152.57M
Interest Paid	48.47M	53.76M	59.87M	85.11M	115.62M	71.38M	40.56M	63.68M	214.61M	278.7M
Income Taxes Paid	32.57M	36.81M	23.9M	6.62M	15.37M	17.92M	28.23M	32.41M	6.27M	8.58M
Free Cash Flow+	33.64M	35.74M	74.09M	71.89M	59.56M	68.77M	84.92M	81.41M	29.1M	10.1M
FCF Growth %	-0.37%	0.06%	1.07%	-0.03%	-0.17%	0.15%	0.23%	-0.04%	-0.64%	-0.65%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.94%	13.16%	7.86%	10.18%	7.31%	5.79%	12.6%	11.34%	4.26%	-4.49%
Return on Assets (ROA)	0.86%	1.1%	0.67%	0.84%	0.6%	0.46%	1.02%	0.93%	0.34%	-0.36%
Net Interest Margin	2.7%	2.75%	2.74%	2.45%	2.31%	2.45%	3.08%	2.89%	2.1%	2.01%
Efficiency Ratio	42.74%	30.01%	43.89%	41.78%	39.96%	50.08%	50.41%	43.99%	35.7%	40.05%
Equity / Assets	8.29%	8.48%	8.46%	8.04%	8.26%	7.76%	8.45%	8.04%	7.85%	8.02%
Book Value / Share	16.24	17.74	18.31	19.14	20.19	21.13	21.54	21.97	22.38	24.19
NII Growth	4.85%	8.22%	3.73%	-3.17%	-3.27%	20.57%	27.05%	-1.77%	-26.49%	1.59%
Dividend Payout	40.29%	30.33%	50.96%	41.62%	58.5%	71.56%	32.43%	35.13%	91.61%	-

Frequently Asked Questions

Growth & Financials

Flushing Financial Corporation (FFIC) saw revenue decline by 3.8% over the past year.

Flushing Financial Corporation (FFIC) reported a net loss of $34.4M for fiscal year 2024.

Dividend & Returns

Yes, Flushing Financial Corporation (FFIC) pays a dividend with a yield of 5.59%. This makes it attractive for income-focused investors.

Flushing Financial Corporation (FFIC) has a return on equity (ROE) of -4.5%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Flushing Financial Corporation (FFIC) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

Flushing Financial Corporation (FFIC) has an efficiency ratio of 40.0%. This is excellent, indicating strong cost control.

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Flushing Financial Corporation (FFIC) 10-Year Financial Performance & Capital Metrics

FFIC • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

Net Interest Income $182M +1.6%
Total Revenue $408M -3.8%
Net Income -$31M -209.3%
Return on Equity -4.49% -205.6%
Net Interest Margin 2.01% -4.0%
Efficiency Ratio 40.05% +12.2%
ROA -0.36% -205.5%
Equity / Assets 8.02% +2.2%
Book Value per Share 24.19 +8.1%
Tangible BV/Share 23.57 +8.4%
Debt/Equity 1.33 +0.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 40.0% efficiency ratio
✓Healthy dividend yield of 5.6%
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak 3Y average ROE of 3.7%
✗Weak Piotroski F-Score: 3/9

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y7%

5Y7.19%

3Y11.77%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-247.03%

EPS CAGR

10Y-

5Y-

3Y-

TTM-236.78%

ROCE

10Y Avg3.44%

5Y Avg2.79%

3Y Avg1.77%

Latest-2.7%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	153.95M	166.6M	172.82M	167.34M	161.87M	195.16M	247.94M	243.56M	179.03M	181.88M
NII Growth %	0.05%	0.08%	0.04%	-0.03%	-0.03%	0.21%	0.27%	-0.02%	-0.26%	0.02%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	203.67M	220.52M	234.3M	256.93M	278.88M	264.28M	288.53M	316.57M	401.35M	465.23M
Interest Expense	49.73M	53.91M	61.48M	89.59M	117.02M	69.13M	40.59M	73.01M	222.32M	283.35M
Loan Loss Provision	-956K	0	9.86M	575K	2.81M	23.13M	-4.94M	5.08M	10.52M	9.57M
Non-Interest Income+	9.65M	8M	10.7M	10.43M	9.54M	11.05M	3.72M	10.07M	22.71M	-57.14M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	213.33M	228.51M	245M	267.36M	288.43M	275.33M	292.25M	326.63M	424.06M	408.09M
Revenue Growth %	0.03%	0.07%	0.07%	0.09%	0.08%	-0.05%	0.06%	0.12%	0.3%	-0.04%
Non-Interest Expense	91.18M	68.58M	107.52M	111.71M	115.27M	137.9M	147.32M	143.69M	151.39M	163.44M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	73.38M	106.02M	66.13M	65.48M	53.33M	45.18M	109.28M	104.85M	39.83M	-48.27M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.01%	0.44%	-0.38%	-0.01%	-0.19%	-0.15%	1.42%	-0.04%	-0.62%	-2.21%
Pretax Income+	73.38M	106.02M	66.13M	65.48M	53.33M	45.18M	109.28M	104.85M	39.83M	-48.27M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	27.17M	41.1M	25.01M	10.39M	12.05M	10.51M	27.48M	27.91M	11.17M	-16.93M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	46.21M	64.92M	41.12M	55.09M	41.28M	34.67M	81.79M	76.94M	28.66M	-31.33M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.04%	0.4%	-0.37%	0.34%	-0.25%	-0.16%	1.36%	-0.06%	-0.63%	-2.09%
Net Income (Continuing)	46.21M	64.92M	41.12M	55.09M	41.28M	34.67M	81.79M	76.94M	28.66M	-31.33M
EPS (Diluted)+	1.59	2.24	1.41	1.92	1.44	1.18	2.59	2.50	0.96	-1.05
EPS Growth %	0.07%	0.41%	-0.37%	0.36%	-0.25%	-0.18%	1.19%	-0.03%	-0.62%	-2.09%
EPS (Basic)	1.59	2.24	1.41	1.92	1.44	1.18	2.59	2.50	0.96	-1.05
Diluted Shares Outstanding	29.13M	28.97M	29.08M	28.71M	28.71M	29.3M	31.55M	30.82M	29.93M	29.95M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	42.36M	35.86M	51.55M	118.56M	49.79M	157.39M	81.72M	85.41M	124.21M	109.41M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	5.37B	5.71B	5.93B	6.39B	6.58B	7.37B	7.44B	7.53B	7.61B	8.27B
Investments Growth %	0.13%	0.06%	0.04%	0.08%	0.03%	0.12%	0.01%	0.01%	0.01%	0.09%
Long-Term Investments	4.37B	4.85B	5.19B	5.56B	5.81B	6.72B	6.66B	6.96B	6.94B	6.82B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	16.13M	16.13M	16.13M	16.13M	16.13M	17.64M	17.64M	17.64M	17.64M	17.64M
Intangible Assets	0	0	0	0	0	3.17M	2.56M	2.02M	1.54M	1.12M
PP&E (Net)	25.62M	26.56M	30.84M	30.42M	69.93M	78.92M	73.54M	65.04M	60.83M	63.65M
Other Assets	235.56M	247.13M	253.47M	258.37M	274.37M	309.91M	395.68M	681.19M	659.58M	514.34M
Total Current Assets	1.05B	917.47M	811.3M	966.7M	848.01M	849.4M	897.66M	693.58M	862.54M	1.62B
Total Non-Current Assets	4.65B	5.14B	5.49B	5.87B	6.17B	7.13B	7.15B	7.73B	7.67B	7.42B
Total Assets+	5.7B	6.06B	6.3B	6.83B	7.02B	7.98B	8.05B	8.42B	8.54B	9.04B
Asset Growth %	0.12%	0.06%	0.04%	0.08%	0.03%	0.14%	0.01%	0.05%	0.01%	0.06%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0%	0.01%	0.01%	0%	-0%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	1.27B	1.27B	1.31B	1.25B	1.29B	1.08B	869.7M	1.1B	882.1M	962.5M
Net Debt	1.23B	1.23B	1.26B	1.13B	1.24B	922.61M	787.98M	1.01B	757.89M	853.09M
Long-Term Debt	1.14B	1.27B	1.31B	1.25B	1.24B	1.02B	815.54M	1.05B	841.28M	916.05M
Short-Term Debt	136M	0	0	0	0	0	0	0	0	0
Other Liabilities	67.34M	72.44M	73.73M	73.08M	85.08M	141.05M	111.14M	161.35M	170.03M	173M
Total Current Liabilities	4.03B	4.21B	4.38B	4.96B	5.07B	6.14B	6.39B	6.49B	6.82B	7.18B
Total Non-Current Liabilities	1.2B	1.34B	1.38B	1.32B	1.37B	1.22B	980.84M	1.26B	1.05B	1.14B
Total Liabilities	5.23B	5.54B	5.77B	6.28B	6.44B	7.36B	7.37B	7.75B	7.87B	8.31B
Total Equity+	473.07M	513.85M	532.61M	549.46M	579.67M	619M	679.63M	677.16M	669.84M	724.54M
Equity Growth %	0.04%	0.09%	0.04%	0.03%	0.05%	0.07%	0.1%	-0%	-0.01%	0.08%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.13%	0.08%	0.1%	0.07%	0.06%	0.13%	0.11%	0.04%	-0.04%
Book Value per Share	16.24	17.74	18.31	19.14	20.19	21.13	21.54	21.97	22.38	24.19
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	315K	315K	315K	315K	315K	341K	341K	341K	341K	387K
Additional Paid-in Capital	210.65M	214.46M	217.91M	222.72M	226.69M	261.53M	263.38M	264.33M	264.53M	326.67M
Retained Earnings	316.53M	361.19M	381.05M	414.33M	433.96M	442.79M	497.89M	547.51M	549.68M	492M
Accumulated OCI	-5.56M	-8.36M	-8.99M	-12.75M	-9.81M	-16.27M	-6.68M	-36.49M	-38.65M	7.13M
Treasury Stock	-48.87M	-53.75M	-57.67M	-75.15M	-71.49M	-69.4M	-75.29M	-98.53M	-106.07M	-101.66M
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	44.73M	42.4M	83.53M	77.3M	63.77M	71.28M	88.6M	85.75M	34.59M	12.41M
Operating CF Growth %	-0.22%	-0.05%	0.97%	-0.07%	-0.18%	0.12%	0.24%	-0.03%	-0.6%	-0.64%
Net Income	46.21M	64.92M	41.12M	55.09M	41.28M	34.67M	81.79M	76.94M	28.66M	-31.33M
Depreciation & Amortization	3.58M	4.45M	4.83M	5.79M	5.93M	6.32M	7.04M	6.47M	6.45M	6.14M
Deferred Taxes	-5.21M	-1.54M	8.73M	-2.66M	-3.9M	-4.64M	-1.73M	144K	3.72M	-15.86M
Other Non-Cash Items	-4.57M	-46M	11.58M	4.27M	8.25M	24.71M	-4.13M	-1.23M	-2.1M	80.58M
Working Capital Changes	-123K	14.69M	11.27M	7.8M	4.44M	3.76M	-1.2M	-3.38M	-7.75M	-29.58M
Cash from Investing+	-600.52M	-322.23M	-254.11M	-478M	-194.77M	93.1M	-106.78M	-351.82M	-94.26M	-505.6M
Purchase of Investments	-318.92M	-179.39M	-170.97M	-307.71M	-176.21M	-217.41M	-538.35M	-241.41M	-187.44M	-1.3B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	31.5M	0	0	0	0
Other Investing	-551.19M	-407.02M	-360.61M	-368.82M	-227.66M	-223.78M	39.93M	-276.58M	40.38M	71.58M
Cash from Financing+	563.88M	273.33M	186.28M	467.71M	62.23M	-56.77M	-57.48M	336.09M	80.08M	473.61M
Dividends Paid	-18.62M	-19.69M	-20.95M	-22.93M	-24.15M	-24.81M	-26.52M	-27.03M	-26.26M	-26.04M
Share Repurchases	-15.61M	-9.86M	-9.29M	-22.59M	-2.66M	-3.88M	-11.37M	-29.68M	-13.16M	-1.71M
Stock Issued	0	0	0	0	0	0	0	0	0	65.54M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K
Other Financing	383.66M	313.38M	177.06M	577.06M	105.38M	208.54M	199.21M	149.88M	329.2M	362.69M
Net Change in Cash+	8.1M	-6.51M	15.69M	67.02M	-68.77M	107.6M	-75.67M	70.03M	20.4M	-19.58M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	34.27M	42.36M	35.86M	51.55M	118.56M	49.79M	157.39M	81.72M	151.75M	172.16M
Cash at End	42.36M	35.86M	51.55M	118.56M	49.79M	157.39M	81.72M	151.75M	172.16M	152.57M
Interest Paid	48.47M	53.76M	59.87M	85.11M	115.62M	71.38M	40.56M	63.68M	214.61M	278.7M
Income Taxes Paid	32.57M	36.81M	23.9M	6.62M	15.37M	17.92M	28.23M	32.41M	6.27M	8.58M
Free Cash Flow+	33.64M	35.74M	74.09M	71.89M	59.56M	68.77M	84.92M	81.41M	29.1M	10.1M
FCF Growth %	-0.37%	0.06%	1.07%	-0.03%	-0.17%	0.15%	0.23%	-0.04%	-0.64%	-0.65%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.94%	13.16%	7.86%	10.18%	7.31%	5.79%	12.6%	11.34%	4.26%	-4.49%
Return on Assets (ROA)	0.86%	1.1%	0.67%	0.84%	0.6%	0.46%	1.02%	0.93%	0.34%	-0.36%
Net Interest Margin	2.7%	2.75%	2.74%	2.45%	2.31%	2.45%	3.08%	2.89%	2.1%	2.01%
Efficiency Ratio	42.74%	30.01%	43.89%	41.78%	39.96%	50.08%	50.41%	43.99%	35.7%	40.05%
Equity / Assets	8.29%	8.48%	8.46%	8.04%	8.26%	7.76%	8.45%	8.04%	7.85%	8.02%
Book Value / Share	16.24	17.74	18.31	19.14	20.19	21.13	21.54	21.97	22.38	24.19
NII Growth	4.85%	8.22%	3.73%	-3.17%	-3.27%	20.57%	27.05%	-1.77%	-26.49%	1.59%
Dividend Payout	40.29%	30.33%	50.96%	41.62%	58.5%	71.56%	32.43%	35.13%	91.61%	-

Frequently Asked Questions

Growth & Financials

Flushing Financial Corporation (FFIC) saw revenue decline by 3.8% over the past year.

Flushing Financial Corporation (FFIC) reported a net loss of $34.4M for fiscal year 2024.

Dividend & Returns

Yes, Flushing Financial Corporation (FFIC) pays a dividend with a yield of 5.59%. This makes it attractive for income-focused investors.

Flushing Financial Corporation (FFIC) has a return on equity (ROE) of -4.5%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Flushing Financial Corporation (FFIC) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

Flushing Financial Corporation (FFIC) has an efficiency ratio of 40.0%. This is excellent, indicating strong cost control.