Flushing Financial: Q4 Earnings Overview

Flushing Financial Corp. Announces Fourth-Quarter Results

Flushing Financial Corp., headquartered in Uniondale, New York, disclosed on Tuesday that it earned $4 million during the fourth quarter.

The company reported earnings of 12 cents per share, while adjusted earnings—excluding one-time expenses—came in at 32 cents per share.

These figures did not meet analysts’ expectations, as a consensus of three analysts polled by Zacks Investment Research had projected earnings of 35 cents per share.

During the quarter, Flushing Bank’s parent company recorded $119.1 million in total revenue, with adjusted revenue amounting to $58.8 million.

For the full year, the company achieved a net income of $18.9 million, or 54 cents per share, and reported annual revenue of $238.9 million.