Flushing Financial (FFIC) Reports In-Line Q3 EPS

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Go back to Flushing Financial (FFIC) Reports In-Line Q3 EPS

Flushing Financial Corporation Reports Third Quarter GAAP Diluted EPS of $0.37 and Core Diluted EPS of $0.39

October 25, 2016 5:30 PM EDT

THIRD QUARTER 2016

GAAP diluted EPS was $0.37, down 64.8% QoQCore diluted EPS was $0.39, flat QoQNet interest income was $41.7 million, up 6.1% YoYNet interest margin was 2.94%, compared to 2.99% for the second quarter of 2016Excluding prepayment penalty income from loans and securities and recovered interest from nonaccrual loans, the net interest margin was 2.81%, a decrease of six basis points QoQGAAP ROAE was 8.4%, compared with 9.5% for the third quarter of 2015Core ROAE was 8.9%, compared with 10.0% for the third quarter of... More