Flushing Financial Corporation (FFIC) 株式分析

企業概要

Flushing Financial Corporation operates as a bank holding company that provides a comprehensive range of banking products and services to consumers, businesses, and governmental units. The company functions within the Financial Services sector, specifically categorized under the Banks - Regional industry, which implies a focus on localized lending and deposit gathering rather than large-scale national or global operations. As of the latest data, the enterprise holds a market capitalization of $552.64M and reports an annual revenue of $226.14M over the trailing twelve months. The organization employs a workforce of 567 individuals, which contextualizes its market position as a mid-sized regional entity with a relatively lean operational structure for its revenue generation level. These valuation figures indicate that the company maintains a significant asset base relative to its employee count, suggesting high productivity per capita typical of specialized regional banking institutions.

財務健全性

The company reported a revenue of $226.14M and a net income of $18.38M for the trailing twelve months, while EBITDA data is not available for this specific reporting period. The substantial gap between the total revenue and the net income reveals a cost structure heavily influenced by the nature of banking operations, where the gross margin is recorded at 0.0% due to the elimination of the cost of goods sold in financial services, leaving the operating margin of 16.2% and profit margin of 8.3% as the primary indicators of profitability efficiency. Free cash flow figures are not disclosed in the current dataset, which limits the immediate assessment of cash generation flexibility but does not negate the presence of significant liquidity assets. The balance sheet shows a cash position of $147.36M against total debt of $570.21M, indicating a leveraged capital structure where liabilities exceed liquid cash reserves. Although the debt-to-equity ratio is not explicitly provided as a standalone metric, the disparity between cash and debt highlights the importance of the current ratio for short-term liquidity management, though specific current ratio data is unavailable in the provided facts. Return on Equity stands at 2.6% and Return on Assets is 0.2%, metrics that suggest management effectiveness in generating returns relative to shareholders' equity and total assets, respectively, within the low-return environment typical of regional banking.

バリュエーション評価

The trailing twelve-month P/E ratio is 30.20, whereas the forward P/E is significantly lower at 9.32, implying that the market expects a substantial increase in earnings or a correction in current valuation multiples to align with future performance expectations. The price-to-book ratio is 0.78, indicating that the stock is trading below its book value, which often suggests the market is pricing in risks or that the bank's asset quality may be undervalued relative to its tangible equity. Alternative valuation metrics such as the price-to-sales ratio of 2.44 and the EV/EBITDA which is not available, provide additional context, with the P/S ratio suggesting the company trades at a premium relative to its sales volume compared to the depressed P/E multiple. The 52-week high is recorded at $17.79 and the low at $10.70, meaning the current market price sits within a range that reflects significant volatility over the past year. The beta value of 0.81 indicates that the stock's price volatility is lower than the broader market, suggesting a defensive characteristic relative to the overall equity market index.

Growth & Income

Specific year-over-year revenue growth and earnings growth rates are not reported in the available facts, preventing a direct calculation of the trajectory between top-line expansion and bottom-line performance. The company pays a dividend yield of 5.4%, coupled with a payout ratio of 163.0%, which indicates that the dividend exceeds the current net income, suggesting the dividend may be partially funded by reserves or cash on hand rather than current earnings. This payout ratio of 163.0% is mathematically unsustainable based on current net income figures alone, as it implies the company is distributing more cash than it generates in profit for the trailing twelve months. The overall growth and income profile presents a high-dividend yield that relies on non-earnings sources or future earnings acceleration to remain sustainable, given the absence of reported positive year-over-year growth metrics.