See more : Cascadia Acquisition Corp. (CCAIW) Income Statement Analysis – Financial Results
Complete financial analysis of Flushing Financial Corporation (FFIC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Flushing Financial Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
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Flushing Financial Corporation (FFIC)
About Flushing Financial Corporation
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, demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. In addition, it offers banking services to public municipalities comprising counties, cities, towns, villages, school districts, libraries, fire districts, and various courts. As of December 31, 2021, the company operated 24 full-service offices located in the New York City boroughs of Queens, Brooklyn, and Manhattan; and in Nassau and Suffolk County, New York, as well as an Internet branch. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 191.22M | 253.63M | 251.66M | 206.21M | 171.41M | 176.63M | 183.52M | 176.60M | 163.60M | 152.63M | 155.22M | 159.50M | 159.63M | 148.21M | 125.74M | 94.70M | 81.19M | 77.50M | 74.86M | 72.43M | 66.45M | 53.85M | 48.26M | 43.75M | 43.20M | 39.40M | 34.80M | 30.50M |
| Cost of Revenue | 24.93M | 21.43M | 20.83M | 16.64M | 14.94M | 15.24M | 15.19M | 16.74M | 15.12M | 11.45M | 10.63M | 0.00 | 8.24M | 9.19M | 9.19M | 9.90M | 8.74M | 8.43M | 6.67M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 166.30M | 232.20M | 230.83M | 189.57M | 156.47M | 161.39M | 168.33M | 159.86M | 148.48M | 141.18M | 144.59M | 159.50M | 151.39M | 139.01M | 116.55M | 84.80M | 72.45M | 69.07M | 68.19M | 72.43M | 66.45M | 53.85M | 48.26M | 43.75M | 43.20M | 39.40M | 34.80M | 30.50M |
| Gross Profit Ratio | 86.96% | 91.55% | 91.72% | 91.93% | 91.29% | 91.37% | 91.72% | 90.52% | 90.76% | 92.50% | 93.15% | 100.00% | 94.84% | 93.80% | 92.69% | 89.55% | 89.23% | 89.13% | 91.10% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 89.95M | 92.23M | 98.31M | 85.49M | 74.51M | 72.34M | 69.14M | 68.18M | 60.80M | 55.90M | 51.84M | 50.79M | 47.10M | 43.67M | 34.06M | 26.16M | 23.56M | 20.36M | 17.10M | 18.40M | 16.01M | 13.92M | 12.68M | 12.25M | 11.20M | 12.50M | 10.20M | 8.30M |
| Selling & Marketing | 0.00 | 3.10M | 2.50M | 1.80M | 2.20M | 2.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 89.95M | 92.23M | 98.31M | 85.49M | 74.51M | 72.34M | 69.14M | 68.18M | 60.80M | 55.90M | 51.84M | 50.79M | 47.10M | 43.67M | 34.06M | 26.16M | 23.56M | 20.36M | 17.10M | 18.40M | 16.01M | 13.92M | 12.68M | 12.25M | 11.20M | 12.50M | 10.20M | 8.30M |
| Other Expenses | 0.00 | -146.02M | -240.68M | -246.51M | -192.59M | -95.03M | -109.86M | -68.12M | -86.18M | -69.53M | -80.39M | -90.37M | 1.58M | 2.05M | 5.89M | 52.33M | 57.73M | 36.01M | 17.54M | -1.56M | 4.94M | 13.02M | 22.57M | 21.00M | 13.90M | 11.00M | 5.10M | 0.00 |
| Operating Expenses | 121.95M | -53.79M | -142.38M | -161.02M | -118.08M | -22.69M | -40.72M | 66.00K | -25.38M | -13.63M | -28.55M | -39.58M | 48.68M | 45.72M | 39.95M | 78.49M | 81.29M | 56.37M | 34.63M | 16.84M | 20.95M | 26.94M | 35.25M | 33.25M | 25.10M | 23.50M | 15.30M | 8.30M |
| Cost & Expenses | 121.95M | 21.43M | -142.38M | -161.02M | -118.08M | -22.69M | 15.19M | 16.74M | 15.12M | 11.45M | 10.63M | -39.58M | 56.92M | 54.91M | 49.14M | 9.90M | 8.74M | 8.43M | 6.67M | 16.84M | 20.95M | 26.94M | 35.25M | 33.25M | 25.10M | 23.50M | 15.30M | 8.30M |
| Interest Income | 401.35M | 316.57M | 288.53M | 264.28M | 278.88M | 256.93M | 234.30M | 220.52M | 203.67M | 196.38M | 199.70M | 212.86M | 223.69M | 229.63M | 228.93M | 216.70M | 193.56M | 158.38M | 132.44M | 118.72M | 112.34M | 106.91M | 101.90M | 96.94M | 87.10M | 82.80M | 66.90M | 55.10M |
| Interest Expense | 222.33M | 73.01M | 40.59M | 69.13M | 117.02M | 89.59M | 61.48M | 53.91M | 49.73M | 54.74M | 54.86M | 63.28M | 76.72M | 91.77M | 115.28M | 128.97M | 122.62M | 90.68M | 64.23M | 52.23M | 52.18M | 54.56M | 59.70M | 57.05M | 47.80M | 46.70M | 34.80M | 26.30M |
| Depreciation & Amortization | 6.45M | 5.93M | 6.43M | 6.21M | 5.93M | 5.79M | 4.83M | 4.45M | 3.58M | 2.81M | 2.95M | 3.21M | 3.19M | 2.80M | 2.66M | 5.08M | 4.29M | 3.40M | 1.55M | 3.41M | 4.66M | 3.85M | 2.34M | 2.05M | 2.20M | 2.80M | 900.00K | 1.20M |
| EBITDA | 45.80M | 110.78M | 115.70M | 51.39M | 59.26M | 0.00 | 70.97M | 0.00 | 76.96M | 75.63M | 64.13M | 0.00 | 0.00 | 0.00 | 92.49M | 89.41M | 0.00 | 71.98M | 69.72M | 63.71M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 23.95% | 72.68% | 45.98% | 24.92% | 34.57% | 91.08% | 72.17% | 93.08% | 77.43% | 85.41% | 76.66% | 77.19% | 87.20% | 101.08% | 127.04% | 177.80% | 194.64% | 166.24% | 139.43% | 127.96% | 138.54% | 157.18% | 177.88% | 180.68% | 163.19% | 166.75% | 146.55% | 131.15% |
| Operating Income | 69.27M | 178.41M | 109.28M | 45.18M | 53.33M | 155.08M | 127.61M | 159.93M | 123.10M | 127.55M | 116.04M | 119.92M | 136.01M | 147.01M | 157.08M | 163.29M | 153.74M | 125.44M | 102.82M | 89.28M | 87.40M | 80.79M | 83.50M | 77.00M | 68.30M | 62.90M | 50.10M | 38.80M |
| Operating Income Ratio | 36.22% | 70.34% | 43.42% | 21.91% | 31.11% | 87.80% | 69.54% | 90.56% | 75.24% | 83.57% | 74.76% | 75.18% | 85.20% | 99.19% | 124.92% | 172.43% | 189.35% | 161.86% | 137.36% | 123.25% | 131.53% | 150.03% | 173.04% | 176.00% | 158.10% | 159.64% | 143.97% | 127.21% |
| Total Other Income/Expenses | -29.44M | -23.89M | -24.02M | -27.40M | -16.01M | -17.23M | -17.41M | 16.62M | -12.76M | -21.04M | -16.13M | -7.15M | -1.58M | -2.05M | -5.89M | -128.97M | -122.62M | -90.68M | -500.00K | -26.67M | -52.18M | -54.56M | -59.70M | -57.05M | -47.80M | -46.70M | -34.80M | -26.30M |
| Income Before Tax | 39.83M | 104.85M | 109.28M | 45.18M | 53.33M | 65.49M | 66.13M | 106.02M | 73.38M | 72.81M | 60.71M | 56.18M | 58.82M | 54.78M | 41.33M | 34.32M | 31.12M | 34.76M | 38.59M | 37.05M | 35.22M | 26.23M | 23.80M | 19.95M | 20.50M | 16.20M | 15.30M | 12.50M |
| Income Before Tax Ratio | 20.83% | 41.34% | 43.42% | 21.91% | 31.11% | 37.07% | 36.04% | 60.03% | 44.85% | 47.70% | 39.11% | 35.22% | 36.84% | 36.96% | 32.87% | 36.24% | 38.32% | 44.85% | 51.56% | 51.14% | 53.01% | 48.71% | 49.32% | 45.61% | 47.45% | 41.12% | 43.97% | 40.98% |
| Income Tax Expense | 11.17M | 27.91M | 27.49M | 10.51M | 12.05M | 10.40M | 25.01M | 41.10M | 27.17M | 28.57M | 22.96M | 21.85M | 23.47M | 15.94M | 15.77M | 12.06M | 10.93M | 13.12M | 15.05M | 14.40M | 13.54M | 9.97M | 8.87M | 7.53M | 7.80M | 6.00M | 6.80M | 5.80M |
| Net Income | 28.66M | 76.95M | 81.79M | 34.67M | 41.28M | 55.09M | 41.12M | 64.92M | 46.21M | 44.24M | 37.75M | 34.33M | 35.35M | 38.84M | 25.56M | 22.26M | 20.19M | 21.64M | 23.54M | 22.65M | 21.68M | 16.26M | 14.93M | 12.42M | 12.70M | 10.20M | 8.50M | 6.70M |
| Net Income Ratio | 14.99% | 30.34% | 32.50% | 16.82% | 24.08% | 31.19% | 22.41% | 36.76% | 28.24% | 28.98% | 24.32% | 21.52% | 22.14% | 26.20% | 20.33% | 23.51% | 24.86% | 27.92% | 31.45% | 31.27% | 32.62% | 30.20% | 30.94% | 28.39% | 29.40% | 25.89% | 24.43% | 21.97% |
| EPS | 0.96 | 2.50 | 2.59 | 1.18 | 1.44 | 1.92 | 1.41 | 2.24 | 1.59 | 1.49 | 1.26 | 1.13 | 1.15 | 1.28 | 0.91 | 1.10 | 1.03 | 1.16 | 1.34 | 1.30 | 1.27 | 0.93 | 0.81 | 0.44 | 0.62 | 0.44 | 0.11 | 0.25 |
| EPS Diluted | 0.96 | 2.50 | 2.59 | 1.18 | 1.44 | 1.92 | 1.41 | 2.24 | 1.59 | 1.48 | 1.26 | 1.13 | 1.15 | 1.28 | 0.91 | 1.09 | 1.02 | 1.14 | 1.31 | 1.25 | 1.22 | 0.89 | 0.78 | 0.43 | 0.61 | 0.44 | 0.10 | 0.25 |
| Weighted Avg Shares Out | 29.93M | 30.82M | 31.55M | 29.30M | 28.71M | 28.71M | 29.08M | 28.96M | 29.11M | 29.79M | 30.05M | 30.40M | 30.62M | 30.34M | 23.24M | 20.20M | 19.60M | 18.65M | 17.57M | 17.42M | 17.07M | 17.42M | 18.36M | 18.87M | 20.41M | 22.95M | 26.51M | 27.03M |
| Weighted Avg Shares Out (Dil) | 29.93M | 30.82M | 31.55M | 29.30M | 28.71M | 28.71M | 29.08M | 28.97M | 29.13M | 29.82M | 30.07M | 30.43M | 30.65M | 30.34M | 23.25M | 20.37M | 19.79M | 18.98M | 17.97M | 18.12M | 17.77M | 18.20M | 19.14M | 19.22M | 20.86M | 23.42M | 26.51M | 27.03M |
Gamco Investors, Inc. Et Al Now Owns 3.91% of Flushing Financial (FFIC)
Fintel reports that Gamco Investors, Inc.
Flushing Financial Corporation To Host Second Quarter 2023 Earnings Call
UNIONDALE, N.Y., June 12, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its second quarter 2023 earnings after the market closes on...
Flushing Bank Hosts Ribbon-Cutting Ceremony at New Branch in the Long Island Innovation Park at Hauppauge
UNIONDALE, N.Y., June 07, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the Bank hosted a ribbon-cutting ceremony at its new branch located at 160...
Flushing Financial Corporation Announces 1 Million Increase in Share Repurchase Authorization
UNIONDALE, N.Y., May 31, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that the Board of Directors (the “Board”) has authorized an increase in the purchase of...
Flushing Bank Donates to United Way of Long Island's Mission United
UNIONDALE, N.Y., May 26, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today the bank is donating to Mission United, a special fund of United Way of...
Flushing Bank Donates to the Brooklyn Cinderella Project 12th Annual Free Prom Attire Give Away
UNIONDALE, N.Y., May 26, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today the bank held a clothing drive to collect prom attire and volunteer at the...
Flushing Bank a Sponsor of HIA-LI 35th Annual Trade Show & Conference
UNIONDALE, N.Y., May 25, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the bank was a sponsor and exhibitor at the HIA-LI 35th Annual Trade...
Maria A. Grasso, Chief Operating Officer at Flushing Bank, Inducted into the Sachem Hall of Honor
UNIONDALE, N.Y., May 25, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that Maria A. Grasso, Chief Operating Officer at Flushing Bank, was inducted into the...
Flushing Financial Reports Annual Shareholder Meeting Results
UNIONDALE, N.Y., May 25, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that on May 16, 2023, it held its annual shareholder meeting, in a virtual-only format....
Flushing Financial Corporation Declares Quarterly Dividend of $0.22 per Share
UNIONDALE, N.Y., May 16, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: 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...
Source: https://incomestatements.info
Category: Stock Reports