Flushing Financial Corporation reports third quarter 1996 earnings.
Business Wire (October 18, 1996)
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Flushing Financial Corporation reports third quarter 1996 earnings.
FLUSHING, N.Y.--(BUSINESS WIRE)--Oct. 18, 1996--Flushing Financial Corporation (Nasdaq:FFIC), the parent holding Company for Flushing Savings Bank, FSB, today reported third quarter 1996 net income of $1.7 million, equal to $0.20 per share. Net income for the comparable third quarter of 1995 was $2.1 million. For the nine months ended September 30, 1996, the Company reported net income of $5.0 million, equal to $0.62 per share, compared to net income of $2.2 million for the 1995 period.
Third Quarter Ended September 30, 1996 Earnings Summary Net interest income increased by $2.4 million, or 46.81%, in the third quarter of 1996 as compared to the similar period in 1995. This is primarily due to an increase in the avera...Try vLex for FREE for 3 days
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