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Enter Symbol:
Rating: FFIC
Outperform $18.50

Flushing Financial Corporation (NASDAQ: FFIC) upgraded to Outperform with price target $18.50 by FBR Capital

Wednesday,  Oct 10, 2012  8:25 AM ET by Kristen Bailey

FBR Capital upgraded Flushing Financial Corporation (NASDAQ: FFIC) to Outperform with price
target $18.50. FBR Capital rated Flushing Financial Corporation (NASDAQ: FFIC) to Mkt Perform with price target $15 on 02/01/2012, when the price was $12.50.

FLUSHING FINANCIAL CORP. is a unitary savings and loan holding company, which, under existing laws, is generally not restricted as to types of business activities in which it may engage, provided that the subsidiary, continues to be a qualified thrift lender. Under the regulations of the Office of Thrift Supervision, the subsidiary is a qualified thrift lender if its ratio of qualified thrift investments to portfolio assets is 65% or more, on a monthly average basis in nine of every 12 months.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.

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