earnings
confidence high
sentiment negative
materiality 0.75
Flushing Financial Q2 net income $6.6M ($0.22 EPS); operating EPS $0.24
FLUSHING FINANCIAL CORP
2024-Q2 EPS reported
$0.30
revenue$2,977,000
- Net income of $6.6M ($0.22 diluted EPS) vs $8.2M in Q2 2023; 6-month net income $13.2M vs $15.6M.
- Net interest income $40.5M, down 9.6% YoY; net interest margin 2.34%, down 26 bps.
- Tangible book value per share $21.03, up 5.9% YoY.
- Loans held for investment $5.9B; total deposits $6.7B, up 2.4% from Dec 2023.
- Non-performing assets ratio 0.56%; provision for credit losses $1.3M.