Flushing Financial (FFIC) Tops Q2 EPS by 5c

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Go back to Flushing Financial (FFIC) Tops Q2 EPS by 5c

Flushing Financial Corporation Announces Second Quarter GAAP Diluted EPS of $0.44 and Record Core Diluted EPS of $0.46, Driven by Record Net Interest Income, Strong Credit Quality and Solid Loan Growt

July 25, 2017 5:30 PM EDT

SECOND QUARTER 20171

GAAP diluted EPS was $0.44, up 4.8% QoQ but down 58.1% YoY, largely due to net gain on sale of buildings in 2Q16Record core diluted EPS was $0.46, up 17.9% YoY and 15.0% QoQRecord net interest income of $43.6 million, an improvement of 4.1% YoY and 0.5% QoQNet interest margin was 2.95%, unchanged QoQGAAP and core ROAE improved to 9.6% and 10.2%, compared with 9.5% and 9.1% in 1Q17GAAP and core ROAA was 0.8% and 0.9%, compared with 0.8% for both in 1Q17

UNIONDALE, N.Y., July 25, 2017 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (Nasdaq:... More