Flushing Financial Q2 2023 Earnings Report

Flushing Financial EPS Results

• Actual EPS: $0.26
• Consensus EPS: $0.19
• Beat/Miss: Beat by +$0.07
• One Year Ago EPS: N/A

Flushing Financial Revenue Results

• Actual Revenue: $48.50 million
• Expected Revenue: $45.30 million
• Beat/Miss: Beat by +$3.20 million
• YoY Revenue Growth: N/A

Flushing Financial Announcement Details

• Quarter: Q2 2023
• Date: 7/25/2023
• Time: N/A

Flushing Financial (NASDAQ:FFIC) operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, non-interest bearing demand accounts, NOW accounts, and certificates of deposit. The company also provides mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; and consumer loans, including overdraft lines of credit, as well as the United States government securities, corporate fixed-income securities, and other marketable securities. It operates full-service banking offices in Queens, Nassau, Suffolk, Kings, and New York counties, New York; and an internet branch under the iGObanking and BankPurely brands. Flushing Financial Corporation was founded in 1929 and is based in Uniondale, New York.