Flushing Financial (FFIC) Tops Q3 EPS by 6c

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Go back to Flushing Financial (FFIC) Tops Q3 EPS by 6c

Flushing Financial Corporation Reports 3Q18 Earnings Per Diluted Share of $0.61 an Increase of 27% From 2Q18 and 74% From 3Q17

October 23, 2018 5:30 PM EDT

THIRD QUARTER 20181 HIGHLIGHTS

GAAP diluted EPS was $0.61, up 27.1% QoQ and 74.3% YoYCore diluted EPS was $0.54, up 10.2% QoQ and 45.9% YoYNet interest income of $41.5 million, down 2.6% QoQ, and 3.5% YoYNet interest margin was 2.71%, down 5bps QoQ and 19bps YoYGAAP and core ROAE were 12.9% and 11.4%, compared with 10.5% and 10.6%, respectively in 2Q18GAAP and core ROAA were 1.1% and 1.0%, respectively, compared with 0.9% for each in 2Q18Tax benefit of $0.06 per diluted share due to release of previously accrued tax liability

UNIONDALE, N.Y., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company)... More