Flushing Financial Corporation

Flushing Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, and cash management services through its 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. As a leader in real estate lending, the Bank's experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. The Bank also operates an online banking division, iGObanking.com®, which offers competitively priced deposit products to consumers nationwide.

Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank, a New York State chartered stock commercial bank insured by the Federal Deposit Insurance Corporation.

Company Growth (employees)
Type
Public
HQ
New Hyde Park, US
Founded
1929
Size (employees)
447 (est)
Flushing Financial Corporation was founded in 1929 and is headquartered in New Hyde Park, US

Flushing Financial Corporation Office Locations

Flushing Financial Corporation has an office in New Hyde Park
New Hyde Park, US (HQ)
e140 1979 Marcus Ave

Flushing Financial Corporation Financials and Metrics

Flushing Financial Corporation Financials

Flushing Financial Corporation's revenue was reported to be $278.5 m in FY, 2016
USD

Net income (Q3, 2017)

10.2 m

EBIT (Q3, 2017)

39.8 m

Market capitalization (13-Dec-2017)

808.4 m
Flushing Financial Corporation's current market capitalization is $808.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

200.5 m207.4 m219.9 m278.5 m

Revenue growth, %

3%6%27%

Cost of goods sold

53.9 m

Gross profit

224.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cost of goods sold

12.1 m12.6 m13.2 m13.2 m13.8 m13.9 m14.7 m

Sales and marketing expense

13.2 m12.6 m16.3 m14 m14.8 m17.1 m15.4 m

R&D expense

1.2 m1.2 m1.1 m1.2 m939 k1.2 m1.3 m

General and administrative expense

2.6 m2.4 m2.4 m2.4 m2.6 m2.5 m2.7 m
USDFY, 2015FY, 2016

Cash

42.4 m35.9 m

Goodwill

16.1 m16.1 m

Total Assets

5.7 b6.1 b

Short-term debt

73.4 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

36.6 m34.5 m51.4 m50.2 m47.9 m51.2 m48.5 m

Inventories

2 b2 b

Goodwill

16.1 m16.1 m16.1 m16.1 m16.1 m16.1 m16.1 m16.1 m

Total Assets

5.4 b5.5 b5.8 b6 b6 b6.2 b6.3 b6.3 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    37.8 m44.2 m46.2 m64.9 m

    Cash From Operating Activities

    44.7 m42.4 m

    Purchases of PP&E

    (278.9 m)(186.7 m)

    Cash From Investing Activities

    (600.5 m)(322.2 m)
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    11.7 m11.2 m8.7 m14.8 m34.6 m9.6 m40 m50.6 m12.3 m25 m10.2 m

    Depreciation and Amortization

    867 k993 k1 m

    Cash From Operating Activities

    23.5 m34.5 m16.6 m31.5 m37.4 m16 m32.7 m53.1 m

    Purchases of PP&E

    (126.1 m)(216.3 m)(12 m)(138 m)(138 m)(15.6 m)(58.4 m)
      Y, 2017

      Financial Leverage

      11.6 x
      Show all financial metrics

      Flushing Financial Corporation Operating Metrics

      Flushing Financial Corporation's Total Loans Issued was reported to be $5 b in Q2, 2017
      Show all operating metrics

      Flushing Financial Corporation Market Value History

      Flushing Financial Corporation's Web-traffic and Trends

      Flushing Financial Corporation Company Life and Culture

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