The President & CEO of Flushing Financial (FFIC) is Buying Shares


Yesterday, the President & CEO of Flushing Financial (FFIC), John Buran, bought shares of FFIC for $27.3K.

In addition to John Buran, 3 other FFIC executives reported Buy trades in the last month. Following this transaction John Buran’s holding in the company was increased by 1.14% to a total of $2.5 million.

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Based on Flushing Financial’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $74.41 million and quarterly net profit of $12.93 million. In comparison, last year the company earned revenue of $70.03 million and had a net profit of $12.42 million. The company has a one-year high of $23.23 and a one-year low of $8.86. FFIC’s market cap is $398.7M and the company has a P/E ratio of 7.50.

The insider sentiment on Flushing Financial has been neutral according to 40 insider trades in the past three months. This sentiment is lower 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.

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