FFIC
Flushing Financial Corporation17.36
+0.06+0.35%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
586.39MP/E (TTM)
-Basic EPS (TTM)
-1.22Dividend Yield
0.05%Recent Filings
8-K
10-Q
Q3 FY2025 results
Flushing Financial Corporation posted net income of $10.4 million in Q3 FY2025 ended September 30, 2025, up 17% y/y from $8.9 million, with diluted EPS steady at $0.30; yet YTD net income dipped to $14.9 million from $17.9 million due to a $17.6 million non-cash goodwill impairment. Net interest income climbed 18% y/y to $53.8 million, lifting the margin to 2.64% from 2.10% as deposit costs fell 48 basis points to 3.62% while asset yields edged up 7 basis points to 5.70%. Loans held for investment shrank 1% q/q to $6.67 billion amid pricing discipline, with originations at $586 million up 24% y/y; non-performing assets rose to 0.70% of total assets from 0.57% at year-end, prompting a $1.5 million credit loss provision versus $1.7 million last year. Borrowed funds plunged 46% q/q to $492 million, bolstering liquidity at $3.9 billion including $914 million in unencumbered securities. Equity stands solid at $711 million. Competition from larger banks pressures deposit growth.
8-K
Q3 NIM expands amid stable credit
Flushing Financial reported Q3 2025 results with GAAP net interest margin expanding 10 bps to 2.64% and core NIM to 2.62%, fueled by real estate loan repricing 147 bps higher through 2027. Asset quality held firm, with net charge-offs at 7 bps and NPAs at 70 bps of assets, while noninterest-bearing deposits grew 7.2% quarter-over-quarter. Liquidity stays robust at $3.9 billion undrawn. Tangible common equity ratio climbed to 8.01%. Profitability edges up, yet deposit costs linger high.
8-K
NIM expands, deposits grow
Flushing Financial reported third-quarter 2025 results with GAAP net interest margin expanding 10 basis points sequentially to 2.64%, fueled by asset repricing and 5.7% year-over-year growth in noninterest-bearing deposits to 12.2% of total. Average loans dipped 2.1% year-over-year to $6.6 billion amid pricing discipline, trimming CRE concentration to 475%, while credit quality held steady with NPAs at 70 basis points of assets and net charge-offs at 7 basis points. Tangible common equity ratio strengthened to 8.01%, up 101 basis points year-over-year. Strong pipeline signals growth ahead.
8-K
Q3 2025 earnings call set
Flushing Financial Corporation announced its third quarter 2025 earnings release for after market close on October 29, 2025, followed by a conference call on October 30 at 9:30 AM ET with CEO John R. Buran and CFO Susan K. Cullen. The call will cover strategy and results, accessible via dial-in or webcast. Investors get a direct line to leadership insights. No financial details were disclosed yet.
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