FLUSHING FINANCIAL CORP (FFIC)
US3438731057 - Common Stock
We assign a fundamental rating of 3 out of 10 to FFIC. FFIC was compared to 412 industry peers in the Banks industry. Both the profitability and financial health of FFIC have multiple concerns. FFIC is quite expensive at the moment. It does show a decent growth rate. FFIC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FFIC had positive earnings in the past year.
FFIC had a positive operating cash flow in the past year.
Each year in the past 5 years FFIC has been profitable.
In the past 5 years FFIC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FFIC (0.37%) is worse than 84.22% of its industry peers.
FFIC has a worse Return On Equity (4.67%) than 81.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 4.67% | ||
| ROIC | N/A |
ROA(3y)0.76%
ROA(5y)0.66%
ROE(3y)9.22%
ROE(5y)8.08%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FFIC (15.48%) is worse than 78.16% of its industry peers.
FFIC's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for FFIC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15.48% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.48%
PM growth 5Y-14.45%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FFIC has less shares outstanding
Compared to 5 years ago, FFIC has more shares outstanding
The debt/assets ratio for FFIC has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FFIC is 8.09, which is on the high side as it means it would take FFIC, 8.09 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FFIC (8.09) is worse than 75.97% of its industry peers.
FFIC has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
FFIC has a worse Debt to Equity ratio (0.35) than 64.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 8.09 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.39%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FFIC have decreased strongly by -57.83% in the last year.
Measured over the past years, FFIC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.55% on average per year.
Looking at the last year, FFIC shows a very negative growth in Revenue. The Revenue has decreased by -20.33% in the last year.
The Revenue has been growing slightly by 2.57% on average over the past years.
EPS 1Y (TTM)-57.83%
EPS 3Y-14.67%
EPS 5Y-11.55%
EPS growth Q2Q-20.59%
Revenue 1Y (TTM)-20.33%
Revenue growth 3Y-0.73%
Revenue growth 5Y2.57%
Revenue growth Q2Q14.9%
3.2 Future
The Earnings Per Share is expected to grow by 10.33% on average over the next years. This is quite good.
Based on estimates for the next years, FFIC will show a small growth in Revenue. The Revenue will grow by 5.94% on average per year.
EPS Next Y-22.52%
EPS Next 2Y10.33%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.72%
Revenue Next 2Y5.94%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FFIC is valuated reasonably with a Price/Earnings ratio of 11.57.
FFIC's Price/Earnings ratio is a bit more expensive when compared to the industry. FFIC is more expensive than 61.89% of the companies in the same industry.
FFIC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.28.
Based on the Price/Forward Earnings ratio of 14.93, the valuation of FFIC can be described as correct.
FFIC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FFIC is more expensive than 71.84% of the companies in the same industry.
FFIC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.57 | ||
| Fwd PE | 14.93 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FFIC is valued a bit more expensive than the industry average as 65.29% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.14 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.33%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FFIC has a Yearly Dividend Yield of 7.46%, which is a nice return.
The stock price of FFIC dropped by -21.36% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
FFIC's Dividend Yield is rather good when compared to the industry average which is at 3.78. FFIC pays more dividend than 97.82% of the companies in the same industry.
FFIC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
5.2 History
The dividend of FFIC has a limited annual growth rate of 2.12%.
FFIC has been paying a dividend for at least 10 years, so it has a reliable track record.
FFIC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.12%
Div Incr Years0
Div Non Decr Years19
5.3 Sustainability
FFIC pays out 83.93% of its income as dividend. This is not a sustainable payout ratio.
FFIC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP83.93%
EPS Next 2Y10.33%
EPS Next 3YN/A
FLUSHING FINANCIAL CORP
NASDAQ:FFIC (5/3/2024, 7:00:00 PM)
After market: 12.15 0 (0%)12.15
+0.35 (+2.97%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap353.20M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.57 | ||
| Fwd PE | 14.93 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 4.67% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 15.48% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-57.83%
EPS 3Y-14.67%
EPS 5Y
EPS growth Q2Q
EPS Next Y-22.52%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-20.33%
Revenue growth 3Y-0.73%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y