NASDAQ$FFIC
Flushing Financial Corporation · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Flushing Financial's second quarter earnings totaled $18.3 million, or $0.63 per diluted common share and achieved record net interest income due to cost of funds decreasing. Core deposits increased and net interest margin expanded.
Flushing Financial Corporation reported a GAAP diluted EPS of $0.63 and core diluted EPS of $0.36 for Q2 2020. The company's net interest margin was 2.87%, and GAAP net interest income reached a record $48.7 million.
- GAAP diluted EPS was $0.63, compared to ($0.05) in 1Q20 and $0.37 in 2Q19
- Core diluted EPS was $0.36 compared to $0.19 in 1Q20 and $0.42 in 2Q19
- Net interest margin was 2.87%, up 43bps QoQ and 42bps YoY
- Record GAAP net interest income of $48.7 million, up 19.3% QoQ and 21.8% YoY
Headline financials
Revenue & EPS history
Flushing Financial · Revenue · Quarterly
$62.5M
Revenue by segment
Flushing Financial · $54M total across 1 segment · Q1 2022
- Mortgage Loans, Net$54M—100.0%
Forward guidance
The company continues to focus on strategic objectives such as managing cost of funds, increasing interest income, enhancing core earnings, managing credit risk and remaining well capitalized.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
+0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+2.1%
Avg return
30 days after
47%
31 / 66 earnings
Positive
+16.4%
Q2 2020
Best reaction
-10.1%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.1% | -4.5% | -2.4% | |
| Q4 2025 | -1.4% | +3.8% | -0.8% | |
| Q3 2025 | +4.3% | +9.6% | +27.6% | |
| Q2 2025 | -2.2% | -0.8% | +8.9% | |
| Q1 2025 | -3.9% | +2.1% | -3.4% | |
| Q4 2024 | -2.2% | -5.2% | +0.1% | |
| Q3 2024 | +1.7% | +7.7% | +20.4% | |
| Q2 2024 | -10.1% | -18.8% | -14.9% | |
| Q1 2024 | -2.2% | -4.8% | +9.8% | |
| Q4 2023 | +2.6% | +3.9% | -23.0% | |
| Q3 2023 | +2.1% | +11.4% | +15.5% | |
| Q2 2023 | +14.0% | +11.5% | -0.1% | |
| Q1 2023 | -8.5% | -9.5% | -11.2% | |
| Q4 2022 | -8.0% | -3.9% | -1.8% | |
| Q3 2022 | -4.0% | -1.6% | +1.9% | |
| Q2 2022 | -0.5% | -3.6% | -3.2% | |
| Q1 2022 | +3.4% | +0.1% | +6.0% | |
| Q4 2021 | -5.5% | -5.1% | -4.9% | |
| Q3 2021 | -0.5% | +0.8% | +3.8% | |
| Q2 2021 | +1.7% | -0.2% | +6.1% | |
| Q1 2021 | +3.8% | +4.0% | +4.2% | |
| Q4 2020 | +0.0% | +2.9% | +13.5% | |
| Q3 2020 | +0.2% | +4.0% | +21.6% | |
| Q2 2020 | +16.4% | +15.8% | +14.5% | |
| Q1 2020 | +10.8% | -1.1% | -2.1% | |
| Q4 2019 | +1.5% | +5.5% | -7.3% | |
| Q3 2019 | +0.4% | +0.6% | -2.8% | |
| Q2 2019 | -6.0% | -5.9% | -11.5% | |
| Q1 2019 | -1.4% | +1.0% | -6.5% | |
| Q4 2018 | +0.6% | +2.1% | +5.3% | |
| Q3 2018 | -5.2% | -1.1% | +4.5% | |
| Q2 2018 | -1.4% | -3.7% | -1.0% | |
| Q1 2018 | -5.2% | -4.3% | -1.3% | |
| Q4 2017 | +0.6% | +0.7% | -3.8% | |
| Q3 2017 | -6.7% | -4.8% | -5.3% | |
| Q2 2017 | -0.5% | +0.8% | -3.4% | |
| Q1 2017 | +11.6% | +7.6% | +1.5% | |
| Q4 2016 | -0.1% | +1.9% | +2.8% | |
| Q3 2016 | -6.3% | -6.9% | +16.3% | |
| Q2 2016 | +8.7% | +7.0% | +9.4% | |
| Q1 2016 | -2.0% | — | — | |
| Q4 2015 | +10.2% | — | — | |
| Q3 2015 | +5.5% | — | — | |
| Q2 2015 | -1.2% | — | — | |
| Q1 2015 | -0.6% | — | — | |
| Q4 2014 | -4.4% | — | — | |
| Q3 2014 | +1.2% | — | — | |
| Q2 2014 | -4.3% | — | — | |
| Q1 2014 | -0.7% | — | — | |
| Q4 2013 | +4.1% | — | — | |
| Q3 2013 | +1.5% | — | — | |
| Q2 2013 | +2.2% | — | — | |
| Q1 2013 | -3.6% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q3 2012 | +2.7% | — | — | |
| Q2 2012 | +3.1% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q1 2012 | +4.5% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q4 2010 | +2.2% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q3 2011 | -2.5% | — | — | |
| Q3 2010 | -2.5% | — | — | |
| Q2 2010 | -5.4% | — | — | |
| Q2 2011 | -5.4% | — | — | |
| Q1 2010 | +5.2% | — | — |
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