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Flushing Financial Corp - FFIC STOCK NEWS

Welcome to our dedicated page for Flushing Financial news (Ticker: FFIC), a resource for investors and traders seeking the latest updates and insights on Flushing Financial stock.

Flushing Financial Corporation (Nasdaq: FFIC), the holding company for Flushing Bank, is a prominent player in the banking sector, providing a diverse range of financial services to consumers, businesses, professionals, corporate clients, and public entities. Established in 1929, Flushing Bank operates 19 banking offices strategically located in Queens, Brooklyn, Manhattan, and Nassau County.

Renowned for its real estate lending expertise, Flushing Bank’s experienced lending team crafts tailored mortgage solutions for property owners and managers both within and beyond the New York City metropolitan area. The bank’s product portfolio includes multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, and small business administration loans.

To enhance customer convenience, Flushing Bank also offers online banking services through its platforms, iGObanking.com® and BankPurely®. These platforms provide competitively priced deposit products to consumers nationwide, reinforcing the bank's commitment to accessible and efficient banking solutions.

Flushing Financial Corporation recently announced its participation in The Microcap Conference, showcasing its robust financial health and strategic initiatives. President and CEO John R. Buran and CFO Susan K. Cullen will represent the company, highlighting its strong credit profile, conservative underwriting, and commitment to maintaining liquidity and capital strength.

The company’s latest financial disclosures reveal a focus on enhancing Net Interest Margin (NIM) and reducing volatility. With a sound capital structure and low levels of nonperforming loans, Flushing Financial Corporation demonstrates a resilient performance, even amidst market fluctuations.

Flushing Financial Corporation’s commitment to personalized banking, underscored by multi-lingual customer service and community-centric operations, positions it as a unique and reliable financial institution. As an FDIC member and Equal Housing Lender, the company continues to build on its legacy of trust and excellence in the financial community.

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Uniondale reported Q3 2023 GAAP EPS of $0.32, up 10.3% QoQ. Core EPS totaled $0.31, an increase of 19.2% QoQ. GAAP NIM of 2.22% increased 4 bps QoQ. Nonperforming assets decreased 23.2% YoY and 3.1% QoQ. TCE/TA1 was 7.59% at September 30, 2023.
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Flushing Financial Corporation opens new location in Brooklyn, NY, to serve the needs of Bensonhurst community.
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Flushing Financial Corporation to release Q3 2023 earnings on October 31, 2023
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Flushing Financial Corporation secures grants for affordable housing projects, totaling $2.6 million. 104 new affordable housing units for seniors and 66 new residential units will be developed.
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Flushing Financial Corporation (Nasdaq-GS: FFIC) has declared a quarterly dividend of $0.22 per common share, payable on September 29, 2023. This marks the 109th consecutive quarterly dividend and demonstrates the company's commitment to returning capital to shareholders.
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Flushing Financial Corporation (Nasdaq: FFIC) has acquired a commercial real estate lending team from Signature Bank. The team includes Chris Penino, Christy Archer, and Kim Carson, who will join Flushing Bank's Commercial Real Estate Lending group. The company sees this acquisition as an opportunity to attract and develop full-banking relationships from the team's existing and prior client rosters. Despite rate-related headwinds, Flushing Bank's loan pipeline continues to grow.
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FAQ

What is the current stock price of Flushing Financial (FFIC)?

The current stock price of Flushing Financial (FFIC) is $15.03 as of October 23, 2024.

What is the market cap of Flushing Financial (FFIC)?

The market cap of Flushing Financial (FFIC) is approximately 438.1M.

What services does Flushing Financial Corporation offer?

Flushing Financial Corporation provides a variety of banking services including deposit, loan, equipment finance, and cash management services for consumers, businesses, and public entities.

Where are Flushing Bank’s offices located?

Flushing Bank operates 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County.

What is iGObanking.com®?

iGObanking.com® is Flushing Bank’s online division, offering competitively priced deposit products to consumers nationwide.

Who is the CEO of Flushing Financial Corporation?

John R. Buran is the President and Chief Executive Officer of Flushing Financial Corporation.

How does Flushing Bank support real estate lending?

Flushing Bank’s experienced lending team provides mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area.

Is Flushing Financial Corporation FDIC insured?

Yes, Flushing Financial Corporation is FDIC insured and a New York State-chartered commercial bank.

What recent events has Flushing Financial Corporation participated in?

Flushing Financial Corporation recently participated in The Microcap Conference, showcasing its strategic initiatives and financial health.

How does Flushing Financial Corporation maintain its credit quality?

The company maintains a conservative underwriting approach, ensuring low levels of nonperforming loans and a robust credit profile.

What is BankPurely®?

BankPurely® is an online banking platform operated by Flushing Bank, providing digital banking services tailored to consumers.

How can I get more information about Flushing Financial Corporation?

Additional information about Flushing Financial Corporation can be found on their website at FlushingBank.com.

Flushing Financial Corp

Nasdaq:FFIC

FFIC Rankings

FFIC Stock Data

438.07M
27.57M
4.72%
66.09%
2.18%
Banks - Regional
State Commercial Banks
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United States of America
UNIONDALE