Flushing Financial (FFIC) Misses Q1 EPS by 22c

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Go back to Flushing Financial (FFIC) Misses Q1 EPS by 22c

Flushing Financial Corporation Reports 1Q23 GAAP EPS of $0.17 and Core EPS of $0.10; Deposits Increase Sequentially and Year-Over-Year; Liquidity Remains Strong Outlines Action Plan to Enhance Busine

April 25, 2023 5:30 PM EDT

John R. Buran, President and CEO Commentary

The inverted yield curve and the rising rate environment led to first quarter results below our expectations. To better adapt to the changing environment, we are accelerating the following actions to enhance the resilience of our business model and strengthen performance: 1)... More