NASDAQ$FFIC
Flushing Financial Corporation · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported GAAP diluted EPS increased by 21.6% QoQ and pristine credit quality continued.
Flushing Financial Corporation reported GAAP EPS of $0.45, a 22% increase QoQ. Net interest income increased 6% from 3Q19, and the net interest margin improved by 11bps. Classified loans hit the lowest level since 2008 and delinquent loans decreased to 34bps of the gross loan portfolio.
- GAAP diluted EPS was $0.45, up 21.6% QoQ and 2.3% YoY
- Core diluted EPS was $0.41, down 14.6% QoQ and 24.1% YoY
- Net interest margin was 2.48%, up 11bps QoQ and down 9bps YoY
- GAAP net interest income of $41.2 million, up 5.7% QoQ and 1.3% YoY
Headline financials
Revenue & EPS history
Flushing Financial · Revenue · Quarterly
$46.2M
Revenue by segment
Flushing Financial · $54M total across 1 segment · Q1 2022
- Mortgage Loans, Net$54M—100.0%
Forward guidance
The acquisition remains on track with an expected closing in the second quarter of 2020. All required applications and notifications have been filed with the respective agencies. As of December 31, 2019, our pro forma balance sheet would be approximately $8.0 billion in assets, $6.4 billion in loans, and $5.9 billion in deposits while expanding into the Suffolk County market. Suffolk County is one of the richest counties in the country with approximately 1.5 million people and 75,000 businesses. Our plans for substantial cost reductions and improvements in the business remain on track.
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 Q4 2019
+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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