Flushing Financial Balance Sheet Health
Financial Health criteria checks 6/6
Flushing Financial has total assets of $9.3B and total equity of $666.9M. Total deposits are $7.5B, and total loans are $6.8B. It earns a Net Interest Margin of 2.2%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $295.1M.
Key information
13.9x
Asset to equity ratio
2.2%
Net interest margin
| Total deposits | US$7.50b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$295.13m |
Recent financial health updates
No updates
Recent updates
Flushing Financial: Downgrading To Hold Despite A 5%+ Dividend Yield
Nov 01Flushing Financial Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Oct 27
Flushing Financial Corporation (NASDAQ:FFIC) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 01Flushing Financial: Dividend Yield Of Over 6%, Earnings Likely To Recover
Jun 30Flushing Financial (NASDAQ:FFIC) Has Announced A Dividend Of $0.22
Jun 04Earnings Miss: Flushing Financial Corporation Missed EPS By 9.4% And Analysts Are Revising Their Forecasts
Apr 27Flushing Financial: A Promising Dividend Pick With Great Upside
Mar 28Flushing Financial's (NASDAQ:FFIC) Dividend Will Be $0.22
Nov 28Flushing Financial (NASDAQ:FFIC) Will Pay A Dividend Of $0.22
Aug 21Flushing Financial's (NASDAQ:FFIC) Dividend Will Be $0.22
May 20Flushing Financial (NASDAQ:FFIC) Will Pay A Dividend Of $0.22
Feb 27Flushing Financial declares $0.22 dividend
Aug 16Flushing Financial Non-GAAP EPS of $0.70 beats by $0.01, revenue of $72.08M beats by $5.86M
Jul 26Flushing Financial: A Low-Risk Loan Book With A 4% Dividend Yield
Jun 13Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FFIC's Assets to Equity ratio (13.9x) is moderate.
Allowance for Bad Loans: FFIC has a sufficient allowance for bad loans (118%).
Low Risk Liabilities: 87% 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 (73%).
Low Risk Deposits: FFIC's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: FFIC has an appropriate level of bad loans (0.5%).