Flushing Financial (NASDAQ:FFIC – Get Free Report) issued its earnings results on Monday. The bank reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18, Zacks reports. The business had revenue of $117.45 million during the quarter, compared to analysts’ expectations of $46.96 million. Flushing Financial had a return on equity of 4.31% and a net margin of 6.81%. During the same period in the prior year, the firm posted $0.26 EPS.
Flushing Financial Stock Performance
Shares of NASDAQ:FFIC opened at $16.26 on Tuesday. The business has a fifty day moving average of $13.31 and a 200-day moving average of $13.15. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.97 and a current ratio of 0.97. Flushing Financial has a twelve month low of $10.74 and a twelve month high of $18.00. The firm has a market cap of $472.68 million, a PE ratio of 16.26 and a beta of 0.77.
Flushing Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Monday, June 10th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend was Friday, June 7th. Flushing Financial’s payout ratio is presently 88.00%.
Analyst Ratings Changes
Check Out Our Latest Stock Report on Flushing Financial
Flushing Financial Company Profile
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. It offers various deposit products, including checking and savings accounts, money market accounts, non-interest bearing demand accounts, NOW accounts, and certificates of deposit.
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