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FFIC

Flushing Financial Corporation

FFIC

Flushing Financial Corporation • NASDAQ
$16.41 ▲ 0.74% (+0.12)
Market Cap $554.30 M
52w High $18.04
52w Low $10.65
Dividend Yield 0.88%
P/E -13.45
Volume 174.91K
Outstanding Shares 33.78M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $121.215M ▼ $43.365M ▲ $10.447M ▼ 8.619% ▼ $0.3 ▼ $15.08M ▼
Q2-2025 $127.679M ▲ $40.356M ▼ $14.203M ▲ 11.124% ▲ $0.41 ▲ $20.392M ▲
Q1-2025 $121.61M ▲ $59.676M ▲ $-9.796M ▲ -8.055% ▲ $-0.29 ▲ $-4.464M ▲
Q4-2024 $49.018M ▼ $45.63M ▲ $-49.245M ▼ -100.463% ▼ $-1.61 ▼ $-70.348M ▼
Q3-2024 $129.044M $38.87M $8.906M 6.902% $0.3 $12.995M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.532B ▲ $8.872B ▲ $8.161B ▲ $711.226M ▲
Q2-2025 $1.415B ▼ $8.777B ▼ $8.07B ▼ $706.377M ▲
Q1-2025 $1.635B ▲ $9.008B ▼ $8.306B ▼ $702.851M ▼
Q4-2024 $1.557B ▼ $9.039B ▼ $8.314B ▼ $724.539M ▲
Q3-2024 $1.634B $9.281B $8.614B $666.891M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $10.447M ▼ $19.561M ▼ $-35.04M ▼ $8.285M ▲ $-7.194M ▲ $19.317M ▼
Q2-2025 $14.203M ▲ $25.777M ▲ $109.048M ▲ $-256.614M ▼ $-121.789M ▼ $24.446M ▲
Q1-2025 $-9.796M ▲ $6.852M ▲ $76.67M ▼ $35.816M ▲ $119.338M ▲ $5.15M ▲
Q4-2024 $-49.245M ▼ $3.668M ▼ $147.072M ▲ $-265.809M ▼ $-115.069M ▼ $2.978M ▼
Q3-2024 $8.906M $5.403M $-83.371M $188.698M $110.73M $4.849M

Five-Year Company Overview

Income Statement

Income Statement Over the past few years, Flushing Financial’s revenue has inched upward, but profitability has become much less comfortable. Earnings were solid earlier in the period, then margins steadily tightened, and the most recent year shows a clear step down into a loss. That suggests pressure from funding costs, narrower lending spreads, or higher credit and operating expenses. The pattern points to a bank that once earned healthy returns but is now working through a tougher interest-rate and competitive environment, with restoring earnings quality a key challenge.

Balance Sheet

Balance Sheet The balance sheet has grown gradually, with total assets moving up over time rather than surging. Cash remains a small but fairly steady slice of the balance sheet, typical for a regional bank that deploys most funds into loans and securities. Borrowings move around but do not appear to be spiraling, and shareholder equity has edged higher over the five‑year span, even after the recent loss. That combination suggests a capital base that has quietly strengthened over time, giving the bank some cushion, though future losses would begin to erode that progress.

Cash Flow

Cash Flow Despite the recent accounting loss, the bank has continued to generate positive cash flow from its core operations each year. Free cash flow has generally tracked operating cash flow closely, because the business is not very capital‑spending intensive. The recent trend, however, shows that cash generation is not as robust as in the middle of the period, mirroring the pressure seen on the income statement. Overall, the cash profile looks steady rather than dynamic, with enough internal cash generation to support ongoing operations but less room for error if profitability remains weak.

Competitive Edge

Competitive Edge Flushing Financial competes in a very crowded New York metro banking market, but leans on two clear strengths: deep local relationships and a focused presence in Asian‑American communities. Its long history and local awards signal strong trust and brand recognition in its neighborhoods, which can help retain deposits and small‑business customers even when bigger banks compete on price. The targeted Asian‑American strategy, supported by multilingual staff and tailored outreach, has been a meaningful growth engine and represents a real niche advantage. Offsetting this, the bank still faces heavy competition from large national players, digital‑only banks, and credit unions, so it must keep proving its value through service quality and specialized offerings rather than scale.

Innovation and R&D

Innovation and R&D Innovation here is more about steady modernization than dramatic reinvention. The bank has invested in partnerships with fintech providers to upgrade online account opening and mobile banking, making it easier and faster to become a customer and manage accounts digitally. Its online‑only brands, including a sustainability‑themed offering, show a willingness to experiment with new customer segments and national deposit gathering. At the same time, customer feedback points to some usability issues, and the bank has not moved aggressively into cutting‑edge areas like advanced analytics or new payment technologies. Overall, the approach is incremental: enhancing convenience and reach while preserving its traditional relationship‑banking model.

Summary

Flushing Financial today looks like a community‑anchored regional bank that is financially sound but under earnings pressure. Historically, it delivered solid profits, but recent results reflect margin squeeze and a swing into loss, even as the balance sheet and capital position have gradually improved. Cash flows remain positive, which supports stability, but less room remains for prolonged weak profitability. Strategically, its edge comes from deep local roots and a strong position in Asian‑American markets, complemented by ongoing—though not revolutionary—digital upgrades and niche online brands. The key questions going forward center on whether management can rebuild margins, refine the digital experience, and continue leveraging its community and niche strengths without taking on undue risk.

NEWS

November 24, 2025 · 9:00 AM UTC

Flushing Financial Corporation Declares Quarterly Dividend of $0.22 Per Share

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November 19, 2025 · 12:45 PM UTC

Flushing Bank to Be Honored with the Bridge Builder Award at the 2025 Chinatown Partnership and Chinatown BID Gala

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November 18, 2025 · 8:00 AM UTC

Flushing Financial Corporation Celebrates its 30th Anniversary of being Listed on Nasdaq

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