Flushing Financial's book value per share for the quarter that ended in Mar. 2024 was $23.04.
During the past 12 months, Flushing Financial's average Book Value Per Share Growth Rate was 0.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Flushing Financial was 15.30% per year. The lowest was -1.00% per year. And the median was 5.70% per year.
Flushing Financial's current price is $12.69. Its book value per share for the quarter that ended in Mar. 2024 was $23.04. Hence, today's PB Ratio of Flushing Financial is 0.55.
During the past 13 years, the highest P/B Ratio of Flushing Financial was 1.67. The lowest was 0.41. And the median was 1.16.
Flushing Financial Book Value per Share Historical Data
The historical data trend for Flushing Financial's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Flushing Financial's Book Value per Share
For the Banks - Regional subindustry, Flushing Financial's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flushing Financial's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Flushing Financial's PB Ratio distribution charts can be found below:
* The bar in red indicates where Flushing Financial's PB Ratio falls into.
Flushing Financial Book Value per Share Calculation
Flushing Financial's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Flushing Financial (NAS:FFIC) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Flushing Financial Book Value per Share Related Terms
Thank you for viewing the detailed overview of Flushing Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Flushing Financial (Flushing Financial) Business Description
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. 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.
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