NASDAQ$FFIC
Flushing Financial Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported GAAP earnings and record core earnings, driven by record net interest income.
Flushing Financial Corporation reported third quarter earnings of $14.3 million, or $0.50 per diluted common share. The company achieved record net interest income and proactively managed credit risk, improving the funding mix with an emphasis on non-interest bearing demand accounts.
- GAAP diluted EPS was $0.50, compared to $0.63 in 2Q20 and $0.37 in 3Q19.
- Record Core diluted EPS was $0.56 compared to $0.36 in 2Q20 and $0.48 in 3Q19.
- Net interest margin was 3.00%, up 13bps QoQ and 63bps YoY.
- Record GAAP net interest income was $49.9 million, up 2.5% QoQ and 28.2% YoY.
Headline financials
Revenue & EPS history
Flushing Financial · Revenue · Quarterly
$51.3M
Revenue by segment
Flushing Financial · $54M total across 1 segment · Q1 2022
- Mortgage Loans, Net$54M—100.0%
Forward guidance
Flushing Financial Corporation expects to sustain a strong margin and anticipate that their cost of funds will further decline during the fourth quarter.
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 Q3 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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