Flushing Financial Corporation

NasdaqGS:FFIC Stock Report

Market Cap: US$525.9m

Flushing Financial Valuation

Is FFIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FFIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FFIC ($18.09) is trading above our estimate of fair value ($10.93)

Significantly Below Fair Value: FFIC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FFIC?

Key metric: As FFIC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FFIC. This is calculated by dividing FFIC's market cap by their current earnings.
What is FFIC's PE Ratio?
PE Ratio20.2x
EarningsUS$26.01m
Market CapUS$525.86m

Price to Earnings Ratio vs Peers

How does FFIC's PE Ratio compare to its peers?

The above table shows the PE ratio for FFIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.6x
HONE HarborOne Bancorp
47.8x42.2%US$544.9m
NFBK Northfield Bancorp (Staten Island NY)
22x29.7%US$591.2m
WTBA West Bancorporation
19x24.7%US$408.7m
PFIS Peoples Financial Services
93.5x68.2%US$564.6m
FFIC Flushing Financial
20.2x27.2%US$525.9m

Price-To-Earnings vs Peers: FFIC is good value based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (45.6x).

Price to Earnings Ratio vs Industry

How does FFIC's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
FFIC 20.2xIndustry Avg. 13.2xNo. of Companies91PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FFIC is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the US Banks industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is FFIC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FFIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ratio17.2x

Price-To-Earnings vs Fair Ratio: FFIC is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FFIC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$18.09
US$16.19
-10.5%
4.0%US$17.00US$15.25n/a4
Nov ’25US$15.38
US$15.69
+2.0%
7.4%US$17.00US$14.00n/a4
Oct ’25US$13.88
US$15.69
+13.0%
7.4%US$17.00US$14.00n/a4
Sep ’25US$14.60
US$15.63
+7.0%
7.6%US$17.00US$14.00n/a4
Aug ’25US$13.90
US$15.13
+8.8%
12.9%US$17.00US$12.00n/a4
Jul ’25US$13.05
US$14.00
+7.3%
11.3%US$16.00US$12.00n/a4
Jun ’25US$12.72
US$14.25
+12.0%
12.5%US$16.00US$12.00n/a4
May ’25US$11.45
US$14.63
+27.7%
9.5%US$16.00US$13.00n/a4
Apr ’25US$12.56
US$16.25
+29.4%
12.4%US$19.00US$13.50n/a4
Mar ’25US$12.76
US$17.88
+40.1%
9.8%US$20.00US$15.50n/a4
Feb ’25US$15.66
US$17.88
+14.1%
9.8%US$20.00US$15.50n/a4
Jan ’25US$16.48
US$16.25
-1.4%
11.2%US$18.50US$13.50n/a4
Dec ’24US$15.08
US$14.88
-1.4%
11.2%US$17.00US$13.00n/a4
Nov ’24US$12.49
US$14.88
+19.1%
11.2%US$17.00US$13.00US$15.384
Oct ’24US$13.13
US$15.75
+20.0%
6.9%US$17.00US$14.00US$13.884
Sep ’24US$14.74
US$16.13
+9.4%
8.3%US$17.50US$14.00US$14.604
Aug ’24US$15.52
US$15.83
+2.0%
9.1%US$17.50US$14.00US$13.903
Jul ’24US$12.29
US$14.00
+13.9%
10.1%US$15.00US$12.00US$13.053
Jun ’24US$11.83
US$14.00
+18.3%
10.1%US$15.00US$12.00US$12.723
May ’24US$11.53
US$14.67
+27.2%
14.0%US$17.00US$12.00US$11.453
Apr ’24US$14.89
US$20.00
+34.3%
12.2%US$23.00US$17.00US$12.563
Mar ’24US$19.31
US$21.67
+12.2%
5.8%US$23.00US$20.00US$12.763
Feb ’24US$19.46
US$21.33
+9.6%
8.0%US$23.00US$19.00US$15.663
Jan ’24US$19.38
US$21.67
+11.8%
8.7%US$23.00US$19.00US$16.483
Dec ’23US$20.53
US$21.67
+5.5%
8.7%US$23.00US$19.00US$15.083
Nov ’23US$19.78
US$21.67
+9.5%
8.7%US$23.00US$19.00US$12.493

Analyst Forecast: Target price is lower than the current share price.

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