Flushing Tax Provision from 2010 to 2024

FFIC Stock  USD 17.87  0.13  0.73%   
Flushing Financial's Tax Provision is decreasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 17.1 M this year. Tax Provision is the amount set aside by Flushing Financial to cover any estimated taxes for the current period. It reflects Flushing Financial's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
1.8 M
Current Value
2.6 M
Quarterly Volatility
2.8 M
 
Covid
Check Flushing Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flushing Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 32 M or Selling General Administrative of 47 M, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0559 or PTB Ratio of 1.39. Flushing financial statements analysis is a perfect complement when working with Flushing Financial Valuation or Volatility modules.
  
Check out the analysis of Flushing Financial Correlation against competitors.
For information on how to trade Flushing Stock refer to our How to Trade Flushing Stock guide.

Latest Flushing Financial's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Flushing Financial over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Flushing Financial's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flushing Financial's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Flushing Tax Provision Regression Statistics

Arithmetic Mean23,042,154
Geometric Mean21,206,953
Coefficient Of Variation38.34
Mean Deviation7,211,795
Median27,167,000
Standard Deviation8,833,516
Sample Variance78T
Range30.7M
R-Value(0.49)
Mean Square Error63.6T
R-Squared0.24
Significance0.06
Slope(974,942)
Total Sum of Squares1092.4T

Flushing Tax Provision History

202417.1 M
202311 M
202227.9 M
202127.5 M
202010.5 M
201912.1 M
201810.4 M

About Flushing Financial Financial Statements

Flushing Financial stakeholders use historical fundamental indicators, such as Flushing Financial's Tax Provision, to determine how well the company is positioned to perform in the future. Although Flushing Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Flushing Financial's assets and liabilities are reflected in the revenues and expenses on Flushing Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Flushing Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision11 M17.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Flushing Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flushing Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flushing Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flushing Financial Stock:
Check out the analysis of Flushing Financial Correlation against competitors.
For information on how to trade Flushing Stock refer to our How to Trade Flushing Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flushing Financial. If investors know Flushing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flushing Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.152
Dividend Share
0.88
Earnings Share
0.87
Revenue Per Share
6.521
Quarterly Revenue Growth
0.068
The market value of Flushing Financial is measured differently than its book value, which is the value of Flushing that is recorded on the company's balance sheet. Investors also form their own opinion of Flushing Financial's value that differs from its market value or its book value, called intrinsic value, which is Flushing Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flushing Financial's market value can be influenced by many factors that don't directly affect Flushing Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flushing Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flushing Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flushing Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.