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Flushing Financial Balance Sheet Health
Financial Health criteria checks 5/6
Flushing Financial has total assets of $8.9B and total equity of $697.4M. Total deposits are $7.5B, and total loans are $6.5B earning a Net Interest Margin of 2.6%. It has insufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $176.6M.
Key information
12.7x
Asset to equity ratio
2.6%
Net interest margin
| Total deposits | US$7.48b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.8% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$176.57m |
Recent financial health updates
No updates
Recent updates
Narrative Update • Apr 25
FFIC: Future Returns Will Reflect Adjusted Assumptions And Merger Meeting Outcomes
Analysts have raised their price target on Flushing Financial by $2.30, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E that support a slightly higher valuation framework. Analyst Commentary Analysts raising the price target by $2.30 are effectively signaling modestly stronger confidence in the valuation framework for Flushing Financial, based on updated assumptions for discount rate, revenue growth, profit margin, and future P/E.Narrative Update • Apr 11
FFIC: Future Returns Will Reflect Adjusted Assumptions And Special Meeting Merger Uncertainty
Analysts have lifted their price target on Flushing Financial by $2.30, citing updated assumptions that reflect revisions to the discount rate, revenue growth, profit margin, and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as better aligning Flushing Financial's valuation with updated assumptions on revenue and margin profiles, rather than a radical change in the story.Narrative Update • Mar 27
FFIC: Future Returns Will Reflect Raised Earnings Multiple And Stable Fair Value Assumptions
Analysts have adjusted their price target on Flushing Financial to $16.80, a change of $2.30. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples consistent with recent Street research.Narrative Update • Mar 12
FFIC: Future Returns Will Reflect Raised Earnings Multiple And Stable Fair Value Assumptions
Analysts have raised their price target on Flushing Financial by $2.30, reflecting updated assumptions on discount rates and future P/E multiples, while maintaining their fair value estimate at $17.15. Analyst Commentary Analysts have updated their work on Flushing Financial, lifting their price target by $2.30 while keeping the fair value estimate at $17.15.Narrative Update • Feb 25
FFIC: Future Returns Will Reflect Merger Progress And Stable Earnings Assumptions
Analysts have lifted their price target on Flushing Financial by $2.30, with the change grounded in updated assumptions around discount rate, revenue growth, profit margin and future P/E that collectively support a fair value estimate of $17.15. Analyst Commentary Analysts revisiting their models point to the revised fair value of $17.15 as a reflection of updated views on discount rate, revenue trajectory, profit margin assumptions and the P/E they are willing to apply to Flushing Financial.Narrative Update • Feb 11
FFIC: Future Returns Will Reflect Revised Earnings Assumptions And Merger Execution Risks
Analysts have raised their price target on Flushing Financial by $1.15 to $17.15, citing updated assumptions related to fair value, discount rate, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent research points to a higher assessed fair value for Flushing Financial, with the price target moving to $17.15, including a separate adjustment of $2.30 that reflects refreshed assumptions around earnings power and risk.Narrative Update • Jan 28
FFIC: Future Returns Will Reflect OceanFirst Merger Terms And Stable Outlook
Analysts have held their price target for Flushing Financial steady at US$16.00, reflecting largely unchanged assumptions on fair value, discount rate, revenue growth, profit margin and forward P/E expectations. What's in the News OceanFirst Financial Corp.Narrative Update • Jan 11
FFIC: Future Returns Will Balance Merger Outlook With Improving Credit Costs
Analysts have lifted their price target on Flushing Financial from $15.00 to $16.00, citing updated assumptions around fair value, discount rate and future P/E that refine how they see the risk and return trade off for the stock. What's in the News OceanFirst Financial Corp.Narrative Update • Dec 13
FFIC: Future Results Will Reflect Weaker Upside Despite Improving Credit Costs
Analysts have nudged their price target on Flushing Financial slightly higher to approximately 15.00 dollars per share, reflecting modestly improved assumptions around discount rates and valuation multiples, while keeping core growth and margin expectations essentially unchanged. What's in the News Updated share repurchase disclosure indicates that from July 1, 2025 to September 30, 2025, Flushing Financial did not repurchase any additional shares, leaving total buybacks under the February 27, 2018 authorization at 3,192,036 shares, or 10.74 percent of shares outstanding, for 65.29 million dollars (Key Developments).Analysis Article • Dec 01
Flushing Financial (NASDAQ:FFIC) Has Announced A Dividend Of $0.22
Flushing Financial Corporation ( NASDAQ:FFIC ) has announced that it will pay a dividend of $0.22 per share on the 19th...Narrative Update • Nov 29
FFIC: Future Results Will Reflect Completed 10.74% Buyback and Lower Credit Losses
Analysts have modestly increased their price target for Flushing Financial from $15.00 to $15.00, citing slight improvements in discount rate and future P/E ratio metrics. What's in the News Flushing Financial completed the repurchase of 3,192,036 shares, representing 10.74 percent of outstanding shares, for a total of $65.29 million.Narrative Update • Nov 15
FFIC: Future Performance Will Reflect Completed Buyback and Credit Improvement
Analysts have slightly raised their price target for Flushing Financial from $15.00 to $15.00, attributing the adjustment to marginal improvements in the discount rate and future price-to-earnings expectations. What's in the News Flushing Financial completed its share buyback program announced in February 2018, having repurchased 3,192,036 shares, representing 10.74% of shares outstanding for a total of $65.29 million.Narrative Update • Nov 01
FFIC: Lower Net Charge-Offs And Diversified Revenue Streams Will Support Balanced Outlook In 2025
Analysts have raised their price target for Flushing Financial from $13.75 to $15.00, based on updated assessments of key financial metrics and growth expectations. What's in the News Flushing Financial reported net charge-offs of $1.1 million for the third quarter ended September 30, 2025.Analysis Article • Aug 26
Flushing Financial's (NASDAQ:FFIC) Dividend Will Be $0.22
The board of Flushing Financial Corporation ( NASDAQ:FFIC ) has announced that it will pay a dividend of $0.22 per...Seeking Alpha • Aug 19
Flushing Financial: Far From A Great Play
Summary Flushing Financial's balance sheet has improved, but profitability and asset quality remain disappointing, with volatile earnings and below-average returns. Despite trading at a discount to book value, the stock's high price-to-earnings ratio and weak asset quality outweigh its valuation appeal. Deposit growth is positive, but loan balances are shrinking, and a high proportion of uninsured deposits adds risk. Given these challenges and lackluster financial performance, I rate Flushing Financial Corporation a soft "Sell" at this time. Read the full article on Seeking AlphaAnalysis Article • Jun 02
Flushing Financial's (NASDAQ:FFIC) Dividend Will Be $0.22
Flushing Financial Corporation's ( NASDAQ:FFIC ) investors are due to receive a payment of $0.22 per share on 20th of...Analysis Article • Mar 01
Flushing Financial (NASDAQ:FFIC) Is Paying Out A Dividend Of $0.22
The board of Flushing Financial Corporation ( NASDAQ:FFIC ) has announced that it will pay a dividend on the 28th of...Seeking Alpha • Feb 05
Flushing Financial: Over 6% Dividend Yield, Raising The EPS Estimate
Summary Under balance sheet restructuring transactions, Flushing Financial has recently offloaded low-yielding securities and FHLB borrowings. The restructuring will lift the margin. A sizable chunk of costly certificates of deposits will mature in 1H 2025; thereby providing the opportunity to significantly lower deposit costs. I’m raising my 2025 EPS estimate to $1.16 mostly because I’ve raised my margin estimates. FFIC is offering an attractive dividend yield of 6.3% and an expected price upside of 7.6% as of the writing of this report. Read the full article on Seeking AlphaSeeking Alpha • Nov 01
Flushing Financial: Downgrading To Hold Despite A 5%+ Dividend Yield
Summary The upcoming reinvestment of low-yielding loans and the rolling over of high-cost deposits will boost the net interest margin. Loan growth will likely remain weak due to New York’s economy. FFIC is offering a dividend yield of 5.4%. Although the implied payout ratio is quite high at 85%, I don’t think the company will cut its dividend. The December 2025 target price suggests a mid-single digit downside from the October 30 closing price. Read the full article on Seeking AlphaAnalysis Article • Oct 27
Flushing Financial Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Flushing Financial Corporation ( NASDAQ:FFIC ) investors will be delighted, with the company turning in some strong...
New Narrative • Sep 24
Strategic Moves To Expand Margins And Secure Profitability
Implementing strategies to increase Net Interest Margin and disciplined credit management could lead to higher profitability and lower credit risk.Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FFIC's Assets to Equity ratio (12.7x) is moderate.
Allowance for Bad Loans: FFIC has a low allowance for bad loans (88%).
Low Risk Liabilities: 92% of FFIC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FFIC has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: FFIC's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: FFIC has an appropriate level of bad loans (0.8%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/03 03:36 |
| End of Day Share Price | 2026/06/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
Flushing Financial Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Darst | Guggenheim Securities, LLC |
| David Konrad | Keefe, Bruyette, & Woods |
| Thomas Alonso | Macquarie Research |