Flushing Financial Financials

FFIC Stock  USD 17.74  0.03  0.17%   
Flushing Financial is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At present, Flushing Financial's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 63.9 M, whereas Total Assets are forecasted to decline to about 4.6 B. Key indicators impacting Flushing Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.30.1499
Way Up
Very volatile
Return On Assets0.00320.0034
Notably Down
Slightly volatile
Return On Equity0.04070.0428
Notably Down
Pretty Stable
Debt Equity Ratio1.191.2559
Notably Down
Pretty Stable
Operating Income118.2 M69.3 M
Way Up
Very volatile
Current Ratio19.118.19
Sufficiently Up
Slightly volatile
The financial analysis of Flushing Financial is a critical element in measuring its lifeblood. Investors should not minimize Flushing Financial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

35.37 Million

  
Understanding current and past Flushing Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Flushing Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Flushing Financial's assets may result in an increase in income on the income statement.
Please note, the presentation of Flushing Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Flushing Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Flushing Financial's management manipulating its earnings.

Flushing Financial Stock Summary

Flushing Financial competes with JPMorgan Chase, Citigroup, Wells Fargo, Toronto Dominion, and Bank of America. Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York. Flushing Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 523 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3438731057
CUSIP343873105
LocationNew York; U.S.A
Business Address220 RXR Plaza,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.flushingbank.com
Phone718 961 5400
CurrencyUSD - US Dollar

Flushing Financial Key Financial Ratios

Flushing Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.0B8.0B8.0B8.4B8.5B4.6B
Other Current Liab6.3B6.1B6.3B6.4B6.6B3.5B
Net Debt1.2B922.6M788.0M947.3M757.9M822.8M
Retained Earnings434.0M442.8M497.9M547.5M549.7M577.2M
Cash49.8M157.4M81.7M151.8M124.2M130.4M
Other Assets5.3B6.3B6.2B6.6B(909.6M)(864.2M)
Net Receivables25.7M44.0M38.7M45.0M59.0M62.0M
Total Liab1.3B1.1B869.7M7.7B7.9B8.3B
Total Current Assets848.0M849.4M897.7M932.2M933.8M887.1M
Other Current Assets75.7M201.4M120.4M196.8M231.2M219.6M
Short Term Debt49.4M59.1M54.2M46.1M154.8M147.1M
Other Liab109.8M125.7M163.1M191.1M219.8M230.8M
Accounts Payable5.0B6.1B6.3B6.4B7.4B7.8B
Long Term Debt1.2B1.0B815.5M1.1B841.3M846.0M
Inventory(75.7M)(201.4M)(120.4M)(196.8M)113.1M118.8M
Treasury Stock(71.5M)(69.4M)(75.3M)(98.5M)(88.7M)(84.2M)
Net Tangible Assets563.5M598.2M659.4M657.5M756.1M565.3M
Capital Surpluse226.7M261.5M263.4M264.3M304.0M246.0M

Flushing Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense117.0M69.1M40.6M73.0M33.7M32.0M
Total Revenue171.4M206.2M251.7M253.6M191.2M135.0M
Gross Profit156.5M189.6M230.8M232.2M166.3M125.4M
Operating Income53.3M45.2M109.3M178.4M69.3M118.2M
Ebit53.3M45.2M109.3M104.9M39.8M37.8M
Ebitda59.3M51.4M115.7M110.8M45.8M43.5M
Income Before Tax53.3M45.2M109.3M104.9M39.8M53.2M
Net Income41.3M34.7M81.8M76.9M28.7M35.4M
Income Tax Expense12.1M10.5M27.5M27.9M11.2M17.8M
Cost Of Revenue14.9M16.6M20.8M21.4M24.9M20.1M
Tax Provision12.1M10.5M27.5M27.9M11.0M17.1M
Net Interest Income161.9M195.2M247.9M243.6M187.2M207.4M
Interest Income278.9M264.3M288.5M316.6M381.9M299.0M

Flushing Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(68.8M)107.6M(75.7M)70.0M20.4M15.7M
Free Cash Flow59.6M68.8M84.9M81.4M29.1M44.9M
Depreciation5.9M6.3M7.0M6.5M6.4M4.3M
Other Non Cash Items8.3M24.7M(4.1M)(1.2M)(2.1M)(2.0M)
Dividends Paid24.1M24.8M26.5M27.0M26.3M14.6M
Capital Expenditures4.2M2.5M3.7M4.3M5.5M3.7M
Net Income41.3M34.7M81.8M76.9M28.7M35.4M
End Period Cash Flow49.8M157.4M81.7M151.8M172.2M180.8M
Investments(237.3M)93.1M(433.6M)(398.2M)65.8M69.1M
Net Borrowings(16.4M)(236.6M)(218.8M)242.9M218.6M229.6M
Change To Netincome3.3M26.5M4.8M(3.7M)(3.3M)(3.1M)

Flushing Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Flushing Financial's current stock value. Our valuation model uses many indicators to compare Flushing Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Flushing Financial competition to find correlations between indicators driving Flushing Financial's intrinsic value. More Info.
Flushing Financial is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Flushing Financial is roughly  13.45 . At present, Flushing Financial's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Flushing Financial's earnings, one of the primary drivers of an investment's value.

Flushing Financial Systematic Risk

Flushing Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Flushing Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Flushing Financial correlated with the market. If Beta is less than 0 Flushing Financial generally moves in the opposite direction as compared to the market. If Flushing Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Flushing Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Flushing Financial is generally in the same direction as the market. If Beta > 1 Flushing Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Flushing Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Flushing Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Flushing Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.27)

At present, Flushing Financial's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Flushing Financial December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Flushing Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Flushing Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Flushing Financial based on widely used predictive technical indicators. In general, we focus on analyzing Flushing Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Flushing Financial's daily price indicators and compare them against related drivers.

Complementary Tools for Flushing Stock analysis

When running Flushing Financial's price analysis, check to measure Flushing Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flushing Financial is operating at the current time. Most of Flushing Financial's value examination focuses on studying past and present price action to predict the probability of Flushing Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flushing Financial's price. Additionally, you may evaluate how the addition of Flushing Financial to your portfolios can decrease your overall portfolio volatility.
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