Flushing Financial Corporation (FFIC, Financial) experienced a significant stock price drop, falling by 5.21% to $17.10 per share. The trading volume reached 104,427 shares with a turnover rate of 0.36% and a price fluctuation of 4.42%.
Recent financial reports indicate that Flushing Financial generated $128 million in revenue, with a net profit of $8.91 million, resulting in earnings of $0.30 per share. The company's P/E ratio stands at 19.75, but gross margin data is currently unavailable.
Among the four investment institutions covering Flushing Financial, 25% recommend buying the stock, while 75% suggest holding it. No institutions have advised selling the stock.
In the broader banking sector, where Flushing Financial operates, the overall decline was 1.43%. Notably active stocks in the sector included Fanhua Financial, Loandepot Inc., and Midsouth Bancorp, with turnover rates of 2.28%, 1.90%, and 1.38% respectively. Stocks with significant volatility included Better Home & Finance and Fanhua Financial, with price swings of 20.43% and 16.36% respectively.
Flushing Financial is a bank holding company offering a wide range of financial services. It focuses on attracting retail deposits and investing them in various loan products, including multifamily residential properties, commercial loans, real estate mortgages, and small business loans.
