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Flushing Financial: Dividend Yield Of Over 6%, Earnings Likely To Recover
FFICFlushing Financial (FFIC) Seeking Alpha·2024-06-30 17:28

0 i 1 Margin Likely to Stabilize Going forward, I'm expecting the deposit migration to pause because I'm anticipating interest rate cuts, which will reduce the attractiveness of interest-bearing accounts relative to non-interest-bearing accounts. As a result, I'm expecting the pressure on the margin to wane. Holding the balance sheet constant, the anticipated interest rate cuts will have a negligible direct impact on the margin. This is because of the characteristics of loans and deposits, which make the ba ...