Yesterday, the President & CEO of Flushing Financial Corp (FFIC), John Buran, bought shares of FFIC for $38.38K.
This is Buran’s first Buy trade following 3 Sell transactions. Following this transaction John Buran’s holding in the company was increased by 1.13% to a total of $3.68 million.
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Based on Flushing Financial Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $73.98 million and quarterly net profit of $10.56 million. In comparison, last year the company earned revenue of $66.76 million and had a net profit of $13.92 million. The company has a one-year high of $26.04 and a one-year low of $18.80. Currently, Flushing Financial Corp has an average volume of 55.22K.
The insider sentiment on Flushing Financial Corp has been positive according to 40 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Flushing Financial Corp. operates as a bank holding company for Flushing Savings Bank, which provides banking and financial services. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans, mortgage loan, U.S. government securities, corporate fixed-income securities and other marketable securities. The company was founded on May 9, 1994 and is headquartered in New York, NY.
