Last $19.20 USD
Change Today -0.05 / -0.26%
Volume 29.3K
As of 12:34 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

flushing financial corp (FFIC) Snapshot

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Day High
Day Low
52 Week High
03/26/14 - $21.91
52 Week Low
09/30/13 - $17.52
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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flushing financial corp (FFIC) Details

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. The company’s deposits products include savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. Its loan portfolio comprises one-to-four family and commercial real estate mortgage loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; the United States government securities, corporate fixed-income securities, and other marketable securities; and consumer loans, including overdraft lines of credit. The company also operates, an Internet branch that offers checking, savings, and certificates of deposit accounts. In addition, it offers banking services to public entities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2013, the company operated 17 full-service banking offices, including 9 offices in Queens County, 2 offices in Nassau County, 5 offices in Kings County, and 1 office in Manhattan. Flushing Financial Corporation was founded in 1995 and is based in Lake Success, New York.

362 Employees
Last Reported Date: 03/17/14
Founded in 1995

flushing financial corp (FFIC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $868.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $379.9K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $467.3K
Chief of Real Estate Lending, Senior Executiv...
Total Annual Compensation: $406.0K
Executive Vice President of Business Banking ...
Total Annual Compensation: $277.4K
Compensation as of Fiscal Year 2013.

flushing financial corp (FFIC) Key Developments

Flushing Financial Corp. Reports the Death of Board Member Vincent F. Nicolosi

Flushing Financial Corporation announced that Vincent F. Nicolosi, a member of the Board of Directors, has died. He was 74. Vincent F. Nicolosi had served as a member of the Board of Directors of the Company since 1977.

Alfred Dellibovi Joins the Board of Flushing Financial Corp., Effective July 1, 2014

Alfred DelliBovi, the former chief executive of Federal Home Loan Bank of New York, will join the board of Flushing Financial Corp. in Lake Success, N.Y. His appointment to the company's board will take effect on July 1, 2014. DelliBovi served as the head of Federal Home Loan Bank for 21 years. Prior to that, he held senior positions in the federal government, including at the Department of Housing and Urban Development and Department of Transportation. He also served four terms as a member of the New York State Assembly.

Flushing Financial Corporation Plans to Relocate RXR Building in Uniondale; to Open 1,200 Square Foot Branch; Plans to Consolidate its Non-Branch Personnel

Flushing Financial Corporation announced that it plans to relocate its headquarters. The company has entered into a lease with RXR Plaza in Uniondale for over 90,000 square feet of space. The company plans to consolidate its non-branch personnel into one location. As part of that lease, the bank will also open a 1,200 square foot branch in the building, equipped with technology and 24-hour access via an ATM.


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Industry Average

Valuation FFIC Industry Range
Price/Earnings 13.8x
Price/Sales 3.9x
Price/Book 1.3x
Price/Cash Flow 14.0x
TEV/Sales NM Not Meaningful

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