Flushing Financial (FFIC) Authorized Repurchase of Extra 1M Shares
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Flushing Financial Corporation Reports 2Q21 GAAP EPS of $0.61 and Record Core EPS of $0.73; Board of Directors Increases Share Repurchase Authorization
July 27, 2021 5:00 PM EDTUNIONDALE, N.Y., July 27, 2021 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the Company) (NASDAQ-GS: FFIC)
John R. Buran, President and CEO Commentary
Our successful deposit strategy, the integration of Empire National Bank and the reopening of the New York metro area, resulted in a strong quarter for our Company. Quarterly GAAP EPS of $0.61 resulted in an increase of 2% over the prior quarter. We achieved record core EPS of $0.73, up 103% YoY and 35% QoQ. Importantly, we recognized GAAP ROAA and ROAE of 0.93% and 11.95%, respectively, and record core ROAA and ROAE of 1.11%... More
