Flushing Financial is the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, non-interest bearing demand accounts, NOW accounts, and certificates of deposit. The company provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans.
Its portfolio also includes construction loans, small business administration loans and small business loans, mortgage loan surrogates, such as mortgage-backed securities, and consumer loans Including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and marketable securities.
It operates full-service banking offices in Queens, Nassau, Suffolk, Kings, and New York counties; and an internet branch under the iGObanking and BankPurely brands. Founded in 1929, Flushing Financial is based in Uniondale, New York.
Key Stats
BetaN/A
Trailing P/E15.47
Forward P/EN/A
Trailing EPSN/A
Avg VolumeN/A
Enterprise ValueN/A
Shares Outstanding
Earnings & Analyst
Next EarningsN/A
EPS EstimateN/A
Target Mean PriceN/A
RecommendationN/A
Recommendation MeanN/A
Recent SEC Filings
SEC filings for this ticker are not available yet.
Frequently Asked Questions
What does Flushing Financial Corporation (FFIC) do?
Flushing Financial Corporation is the bank holding company for Flushing Bank, which provides a range of banking products and services primarily to consumers, businesses, and governmental units. The company offers various deposit products such as checking and savings accounts, money market accounts, non-interest bearing demand accounts, NOW accounts, and certificates of deposit. On the lending side, it provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans. Its portfolio also includes construction loans, small business administration loans, consumer loans like overdraft lines of credit, and mortgage loan surrogates such as mortgage-backed securities. Additionally, it invests in U.S. government securities, corporate fixed-income securities, and marketable securities.
Where is Flushing Financial Corporation (FFIC) listed and in what currency?
Flushing Financial Corporation is listed on the Nasdaq Global Select Market under the ticker symbol FFIC. Its shares are traded in U.S. dollars (USD). The company is headquartered in Uniondale, New York, and operates primarily in the United States, with full-service banking offices in Queens, Nassau, Suffolk, Kings, and New York counties. It also serves customers through an internet branch under the iGObanking and BankPurely brands.
What sector and industry does Flushing Financial Corporation (FFIC) belong to?
Flushing Financial Corporation operates in the Financial Services sector and is classified under the Banks - Regional industry. This means it is a regional bank that provides traditional banking services to local communities, including deposit accounts, loans, and other financial products. As a regional bank, it focuses on serving consumers, businesses, and governmental units within its geographic footprint, primarily in the New York metropolitan area.
Where is Flushing Financial Corporation (FFIC) headquartered and what markets does it serve?
Flushing Financial Corporation is based in Uniondale, New York, and has been serving customers since its founding in 1929. It operates full-service banking offices across several New York counties, including Queens, Nassau, Suffolk, Kings, and New York counties. Additionally, it reaches customers through an internet branch under the iGObanking and BankPurely brands, allowing it to serve a broader online market. The company primarily serves consumers, businesses, and governmental units in the United States, with a strong focus on the New York metropolitan area.
What is the business model of Flushing Financial Corporation (FFIC) and how does it generate revenue?
Flushing Financial Corporation generates revenue primarily through its banking operations as a holding company for Flushing Bank. It earns income by accepting deposits from customers and using those funds to originate loans and invest in securities. The main sources of revenue are interest income from mortgage loans secured by multi-family residential, commercial real estate, and one-to-four family properties, as well as commercial business loans and construction loans. It also earns interest from mortgage-backed securities, U.S. government securities, corporate fixed-income securities, and marketable securities. Additionally, the company generates fee income from deposit accounts and other banking services. Its internet banking brands, iGObanking and BankPurely, help attract deposits and expand its customer base.