Piper Sandler downgraded Flushing Fin from Overweight to Neutral and set a new price target of $16.50 from $15.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/30/2024 | $15.00 → $16.50 | Overweight → Neutral | Piper Sandler |
| 8/31/2023 | $17.00 | Outperform | Raymond James |
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
"We take pride in what we believe is our low risk credit profile that has performed well over our 95-year history. While there have been increased concerns about commercial real estate loans, especially New York City office and rent regulated multifamily exposure, hallmarks of our risk averse credit culture are demonstrated by only $4,000 of net charge-offs, 24 bps of 30-89 day delinquencies to gross loans, and decreased criticized and classified loans of 23% and flat NPAs during 1Q24. The drivers of this excellent credit performance are centered in our conservative underwriting with 89% of the portfolio secured by real estate, average LTV ratios of less than 36%, multifamily and investor co
UNIONDALE, NY / ACCESSWIRE / February 27, 2024 / Flushing Financial Corporation (the "Company") (NASDAQ: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 $0.22 per common share, payable on March 22, 2024, to shareholders of record at the close of business on March 11, 2024.John R. Buran, the Company's President and Chief Executive Officer stated: "The Company has a long history of paying dividends to shareholders since our first dividend in 1996. This quarter's dividend marks the 111th consecutive quarterly dividend and highlights our commitment to shareholders. Give
4 - FLUSHING FINANCIAL CORP (0000923139) (Issuer)
4 - FLUSHING FINANCIAL CORP (0000923139) (Issuer)
4 - FLUSHING FINANCIAL CORP (0000923139) (Issuer)
SC 13G/A - FLUSHING FINANCIAL CORP (0000923139) (Subject)
SC 13G/A - FLUSHING FINANCIAL CORP (0000923139) (Subject)
SC 13G/A - FLUSHING FINANCIAL CORP (0000923139) (Subject)
8-K - FLUSHING FINANCIAL CORP (0000923139) (Filer)
SCHEDULE 13D/A - FLUSHING FINANCIAL CORP (0000923139) (Subject)
424B5 - FLUSHING FINANCIAL CORP (0000923139) (Filer)
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
"We take pride in what we believe is our low risk credit profile that has performed well over our 95-year history. While there have been increased concerns about commercial real estate loans, especially New York City office and rent regulated multifamily exposure, hallmarks of our risk averse credit culture are demonstrated by only $4,000 of net charge-offs, 24 bps of 30-89 day delinquencies to gross loans, and decreased criticized and classified loans of 23% and flat NPAs during 1Q24. The drivers of this excellent credit performance are centered in our conservative underwriting with 89% of the portfolio secured by real estate, average LTV ratios of less than 36%, multifamily and investor co
UNIONDALE, NY / ACCESSWIRE / February 27, 2024 / Flushing Financial Corporation (the "Company") (NASDAQ: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 $0.22 per common share, payable on March 22, 2024, to shareholders of record at the close of business on March 11, 2024.John R. Buran, the Company's President and Chief Executive Officer stated: "The Company has a long history of paying dividends to shareholders since our first dividend in 1996. This quarter's dividend marks the 111th consecutive quarterly dividend and highlights our commitment to shareholders. Give
Piper Sandler downgraded Flushing Fin from Overweight to Neutral and set a new price target of $16.50 from $15.00 previously
Raymond James initiated coverage of Flushing Fin with a rating of Outperform and set a new price target of $17.00
DA Davidson initiated coverage of Flushing Fin with a rating of Neutral
4 - FLUSHING FINANCIAL CORP (0000923139) (Issuer)
4 - FLUSHING FINANCIAL CORP (0000923139) (Issuer)
4 - FLUSHING FINANCIAL CORP (0000923139) (Issuer)