Flushing Financial Stock News

Flushing Financial (FFIC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Metropolitan Life Insurance Co NY raised its position in Flushing Financial Co. (NASDAQ:FFIC) by 70,788.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 6,380 shares of the banks stock after buying an additional 6,371 shares during the period. Metropolitan Life Insurance Co NYs holdings in Flushing []

Invesco Ltd. lifted its stake in Flushing Financial Co. (NASDAQ:FFIC) by 17.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 370,928 shares of the banks stock after purchasing an additional 54,699 shares during the period. Invesco Ltd. owned about 1.20% of []

Flushing Financial Co. (NASDAQ:FFIC) declared a quarterly dividend on Tuesday, November 23rd, Zacks reports. Shareholders of record on Friday, December 10th will be paid a dividend of 0.21 per share by the bank on Friday, December 31st. This represents a $0.84 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Thursday, December []

UNIONDALE, N.Y., Nov. 23, 2021 (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 stock of $0.21 per common share, payable on December 31, 2021 to shareholders of record at the close of business on December 10, 2021.

UNIONDALE, N.Y., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the Bank), announced today that it has completed a $125.0 million offering of its fixed-to-floating rate subordinated notes due 2031 (the Subordinated Notes). The Subordinated Notes will have an initial coupon rate of 3.125%. Piper Sandler & Co. acted as Lead Bookrunning Manager with D.A. Davidson & Co. and RBC Capital Markets, LLC acting as Co-Managers for the offering. Holland & Knight LLP acted as legal counsel to the Company and Covington & Burling LLP acted as legal counsel to the underwriters.

SPH, XOM, GSK, and FFIC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 22, 2021.

UNIONDALE, N.Y., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the Bank), announced today that John R. Buran, President and CEO, has been re-elected chairman of the Federal Home Loan Bank of New York (FHLBNY) for a two-year term that will commence on January 1, 2022.

UNIONDALE, N.Y., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (NASDAQ: FFIC) (FFIC or the Company), the holding company for Flushing Bank (the Bank), today announced that it has priced an underwritten public offering of $125 million aggregate principal amount of its fixed-to-floating rate subordinated notes due 2031 (the Notes). The Notes will initially bear a fixed interest rate of 3.125% per year. Commencing on December 1, 2026, the interest rate on the Notes resets quarterly to the three-month SOFR rate plus a spread of 203.5 basis points, payable quarterly in arrears. The offering is expected to close on November 22, 2021, subject to the satisfaction of customary closing conditions. FFIC plans to use the net proceeds from the Notes offering for general corporate purposes, which include repayment of the outstanding principal amount of its outstanding subordinated notes and subordinated debentures

UNIONDALE, N.Y., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the Bank), announced that John R. Buran, President and Chief Executive Officer of Flushing Bank, participated in a panel discussion on the Future of Commercial Real Estate as part of the 2021 Federal Reserve/CSBS/FDIC Community Banking in the 21 st Century conference, held on September 29, 2021. A podcast of the panel discussion is now available via this link .

TTE, MC, R, and FFIC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 16, 2021.

Flushing Financial (FFIC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

XOM, PEBO, FFIC, and ORI made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 2, 2021.

Flushing Financial Corporation (FFIC) CEO John Buran on Q3 2021 Results - Earnings Call Transcript

Flushing Financial (FFIC) delivered earnings and revenue surprises of 35.38% and 3.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?