
Flushing Financial (FFIC) Stock Forecast & Price Target
Flushing Financial (FFIC) Analyst Ratings
Bulls say
Flushing Financial is a solid investment option as their recent earnings revealed a strong operating EPS of $0.04 per share, lower opex leading to better PPNR, and a strong credit performance with 0bps NCOs. Despite a -5% decrease in loans LQA, the bank has been able to grow its deposits by 6% quarter over quarter and has made strategic investments in adjustable-rate residential real estate and floating rate securities. This demonstrates the bank's ability to adapt to changing market conditions while maintaining strong financials.
Bears say
Flushing Financial is facing challenges in its fundamental backdrop due to net interest income pressures and rising credit costs. As a result, EPS estimates may see downward revisions, leading to low investor sentiment and valuation. To mitigate these challenges, investors are recommended to focus on high-quality deposit franchises, proven credit underwriters, and banks with significant capital flexibility, as well as those with exposure to capital markets for diversification.
This aggregate rating is based on analysts' research of Flushing Financial and is not a guaranteed prediction by Public.com or investment advice.
Flushing Financial (FFIC) Analyst Forecast & Price Prediction
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