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Flushing Financial Corp
As of May 30, 2026 at 24:05 UTC
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About Flushing Financial Corp
Flushing Financial Corp is a bank holding company. Through its subsidiary, the company is engaged in attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, mainly in originations and purchases of multi-family residential properties loans, commercial business loans, commercial real estate mortgage loans and, to a lesser extent, one-to-four family loans (focusing on mixed-use properties, which are properties that contain both residential dwelling units and commercial units). It also operates an internet branch, under the brands of iGObanking.com and BankPurely. The company operates as a single unit, a community bank.
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Latest News
5 articlesStrategic Value Bank Partners acquired 627,333 shares of OceanFirst Financial (OCFC) worth $11.6 million in Q1 2026, representing 6.1% of the fund's AUM. The purchase was made with knowledge of OceanFirst's pending all-stock merger with Flushing Financial, expected to close by June 1, 2026. The combined entity is projected to deliver 16% EPS accretion by 2027 with $23 billion in assets.
OceanFirst Financial Corp. and Flushing Financial Corporation announced they have received all necessary regulatory approvals from the Federal Reserve, New York State Department of Financial Services, and the Office of the Comptroller of the Currency, as well as shareholder approval, to complete their proposed merger. The companies expect to close the merger no later than June 1, 2026. OceanFirst also announced its 2026 Annual Meeting of Stockholders will be held virtually on May 27, 2026.
OceanFirst Financial Corp. and Flushing Financial Corporation announced they have received requisite shareholder approvals for their merger. Regulatory approvals from the New York State Department of Financial Services and the Office of the Comptroller of the Currency have been granted. The transaction remains subject to approval from the Federal Reserve Board and other customary closing conditions.
OceanFirst Financial Corp. and Flushing Financial Corporation announced they have received requisite shareholder approvals for their merger. The New York State Department of Financial Services and the Office of the Comptroller of the Currency have also granted their approvals. The transaction still requires approval from the Federal Reserve Board and other customary closing conditions before completion.
Investor rights law firm Halper Sadeh LLC is investigating four companies regarding potential securities law violations and fiduciary duty breaches in their proposed transactions. The investigations cover Flushing Financial's sale to OceanFirst, Udemy's sale to Coursera, Coursera's merger with Udemy, and Burke & Herbert's merger with LINKBANCORP. The firm is seeking increased consideration, additional disclosures, and other relief for shareholders.
