Flushing Financial Corporation (FFIC)

Flushing Financial reported its Q3 2025 earnings on October 29, 2025, with an EPS of $0.35, surpassing estimates. In November 2025, FFIC experienced a significant stock price gain of 20.0%. The company declared a quarterly dividend of $0.22 per share on November 24, 2025. On December 29, 2025, OceanFirst Financial Corp. and Flushing Financial Corporation announced a definitive merger agreement, including a $225 million strategic investment from Warburg Pincus. Raymond James downgraded Flushing Financial to "market perform" on December 30, 2025, and law firms initiated investigations into the proposed sale. In late December 2025, FFIC shares crossed above their two hundred-day moving average, and the stock saw a strong trading volume increase.

The banking industry, including Flushing Financial Corp., experiences demand seasonality, particularly concerning loans and other financial products. Demand for loans is typically highest during the spring and summer months. Interest rate changes and tax planning also play a crucial role. Specific products like Individual Retirement Accounts (IRAs) tend to see strong sales in March, April, November, and December.

Flushing Financial Corporation operates as the bank holding company for Flushing Bank, a community-oriented financial institution established in 1929 and headquartered in Uniondale, New York. The company provides a comprehensive suite of banking products and services to consumers, businesses, and governmental units, including deposit products and various loan types. Flushing Financial also invests in mortgage loan surrogates like mortgage-backed securities.

Flushing Financial Corp. primarily serves the New York metropolitan area through its full-service banking offices located in Queens, Nassau, Suffolk, Kings, and New York counties. The company extends its reach nationwide through its online banking division, operating under the iGObanking and BankPurely brands.

Flushing Financial Corp. has maintained a positive brand reputation over the past year, marked by community engagement and recognition. Flushing Bank was honored with the "Bridge Builder Award" at the 2025 Chinatown Partnership and Chinatown BID Gala. Flushing Bank expanded its presence with the opening of a new branch in Chinatown.

Institutional investors hold a significant portion of Flushing Financial Corp. stock, with approximately 67.10% to 75.03% of shares held by institutions. Individual insiders hold about 5.66% to 12.62% of the stock, while the general public holds approximately 15.77% to 23.5%. Michael J. Russo is the largest individual Flushing Financial shareholder, owning 1.52% of the company's shares.