Flushing Financial Corp (NAS:FFIC)
$ 17.54 -0.33 (-1.85%) Market Cap: 509.87 Mil Enterprise Value: 1.16 Bil PE Ratio: 20.16 PB Ratio: 0.76 GF Score: 80/100

Flushing Financial Corp at Three Part Advisors East Coast IDEAS Investor Conference (Virtual) - Pre-Recorded Transcript

Jun 22, 2022 / 10:00AM GMT
Release Date Price: $21.63 (-1.32%)
John Buran
Flushing Financial Corporation - President, CEO, & Director

Welcome, everyone. Thank you to Three Part Advisors for hosting the East Coast IDEAS Conference, and thank you for participating in our presentation. I'm John Buran, President and CEO of Flushing Financial, ticker FFIC, the parent of Flushing Bank. With me today is Susan Cullen, our CFO and Al Savastano, Director of Investor Relations.

Slide 2 is our Safe Harbor statement which you can read at your leisure. Before I provide the investment thesis, let me give an overview of the company, starting on slide 3.

Flushing Bank is a community bank with 25 branches throughout the boroughs of New York City and Long Island. These are some of the most attractive banking markets given the improving economy, the density of people, and median household income. There are many diverse communities with a large concentration of small and medium-size businesses. While the company supports many communities, it's focus is on the boroughs of New York City rather than Manhattan.

In fact, the branch expansion plans are for the

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