Flushing Financial (FFIC) Reports Q3 EPS of $0.42

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Flushing Financial Corporation Reports Record GAAP Net Income of $1.59 Per Diluted Common Share and Record Loan Growth due to Record Loan Originations and Purchases for 2015

January 26, 2016 5:30 PM EST

Full Year 2015

GAAP diluted earnings per common share were $1.59, an increase of $0.11, or 7.4%, from the year ended December 31, 2014.GAAP return on average equity increased to 9.9% from 9.8% for the year ended December 31, 2014 while GAAP return on average assets was 0.9% for December 31, 2015 and 2014.Core diluted earnings per common share, a non-GAAP measure, were $1.49, a decrease of $0.09, or 5.7%, from the year ended December 31, 2014.Core return on average assets and core return on average equity, both non-GAAP measures, decreased to 0.8% and 9.3%, respectively, from 1.0% and... More