Flushing Financial Corporation Stock News

Flushing Financial Corporation (NASDAQ:FFIC ) Q2 2024 Results Conference Call July 30, 2024 9:00 AM ET Company Participants John Buran - President and CEO Susan Cullen - Senior EVP, CFO and Treasurer Conference Call Participants Steve Moss - Raymond James Mark Fitzgibbon - Piper Sandler Manuel Navas - D. A. Davidson Chris O'Connell - KBW Operator Welcome to Flushing Financial Corporation's Seco...

Flushing Financial's earnings are under pressure due to increased interest expenses and loss on fair value adjustments in Q1 2024. Despite weak Q1 results, the bank's loan book quality remains strong with low LTV ratios and manageable past due loans. The bank is expected to see an increase in net interest income as loans are repriced, leading to a potential positive impact on the bottom line.

Loan growth will improve after the first quarter's dismal performance. New York's recent economic recovery will likely drive loan growth. The net interest margin will most probably stabilize soon as deposit migration will wane. FFIC is offering an attractive dividend yield of 6.7%. There is a risk of a dividend cut. However, most probably FFIC will ride out 2024 without any dividend cuts.

Flushing Financial Corporation (NASDAQ:FFIC ) Q1 2024 Earnings Conference Call April 24, 2024 9:30 AM ET Company Participants John Buran - President and CEO Susan Cullen - SEVP, CFO and Treasurer Conference Call Participants Mark Fitzgibbon - Piper Sandler & Co. Steve Moss - Raymond James Manuel Navas - DA Davidson Chris O'Connell - KBW Operator Good day, and welcome to the Flushing Financial C...

Flushing Financial is a commercial bank operating in New York City. The profitability outlook is positive and the company is adequately capitalized. In addition, the stock is trading at a significant discount to book value, while providing a high dividend yield which appears to be safe.

UNIONDALE, NY / ACCESSWIRE / March 21, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq-GS:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that it will release its first quarter 2024 earnings after the market closes on April 23, 2024. John R. Buran, President and Chief Executive Officer, and Susan K.

UNIONDALE, NY / ACCESSWIRE / February 27, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that the Board of Directors (the "Board") declared a quarterly dividend on its common stock of $0.22 per common share, payable on March 22, 2024, to shareholders of record at the close of business on March 11, 2...

UNIONDALE, NY / ACCESSWIRE / February 27, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq-GS:FFIC), the parent holding company for Flushing Bank (the "Bank"), today announced that the Company has made available through its website, FlushingBank.com , and from the 8-K filed today, a presentation for several upcoming investor events, including attending the 2024 RBC Capital Markets ...