Flushing Financial Sees Strong EPS Growth in Q2 2025

Flushing Financial ( (FFIC) ) has released its Q2 earnings. Here is a breakdown of the information Flushing Financial presented to its investors.

Flushing Financial Corporation, a New York State-chartered commercial bank, provides a range of banking services through its Flushing Bank subsidiary, with a focus on real estate lending and personalized customer service in multicultural markets. In its latest earnings report for the second quarter of 2025, Flushing Financial Corporation announced a significant increase in both GAAP and Core EPS, reflecting a 128% and 78% year-over-year growth, respectively. This growth was attributed to strategic balance sheet repositioning and disciplined funding cost management, resulting in an expanded net interest margin and increased noninterest-bearing deposits. The company’s net interest margin increased to 2.54% on a GAAP basis and 2.52% on a Core basis, while average deposits grew by 5.7% year-over-year. Despite a slight decrease in average loans, the company maintained strong credit quality, with criticized and classified loans decreasing from the previous quarter. Looking ahead, Flushing Financial Corporation remains focused on maintaining strong liquidity and capital positions, with a tangible common equity to tangible assets ratio of 8.04%. The management is committed to disciplined underwriting standards and proactive risk management to navigate economic uncertainties and deliver long-term value to shareholders.