Flushing Financial: Over 6% Dividend Yield, Raising The EPS Estimate
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Flushing Financial is undergoing balance sheet restructuring by offloading low-yielding securities and FHLB borrowings, which is expected to improve margins. The company is also set to lower deposit costs as costly certificates of deposits mature in 2025. Consequently, the EPS estimate for 2025 has been raised to $1.16.

February 05, 2025 | 5:00 am
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Flushing Financial is restructuring its balance sheet by selling low-yield securities and FHLB borrowings, which will improve margins. The maturity of costly certificates of deposits in 2025 will further reduce deposit costs. As a result, the EPS estimate for 2025 has been increased to $1.16.
The restructuring of the balance sheet by offloading low-yield securities and FHLB borrowings is expected to improve Flushing Financial's margins. Additionally, the maturity of costly certificates of deposits in 2025 will allow the company to lower deposit costs. These factors contribute to a positive outlook, leading to an increased EPS estimate for 2025, which is likely to have a positive short-term impact on the stock price.
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