Flushing Financial (US:FFIC) ZACKS·2025-01-29 01:01Core Insights - Flushing Financial reported revenue of $57.22 million for the quarter ended December 2024, marking a 7% increase year-over-year, and exceeding the Zacks Consensus Estimate of $50.35 million by 13.64% [1] - The company's EPS was $0.14, down from $0.25 in the same quarter last year, resulting in an EPS surprise of -33.33% against the consensus estimate of $0.21 [1] Financial Performance Metrics - Efficiency ratio stood at 79%, slightly better than the average estimate of 79.5% [4] - Net Interest Margin was reported at 2.4%, surpassing the average estimate of 2.1% [4] - Average Interest-Earning Assets totaled $8.59 billion, close to the average estimate of $8.63 billion [4] - Net Interest Income reached $51.24 million, significantly above the average estimate of $45.06 million [4] - Total Non-Interest Income was $5.98 million, exceeding the average estimate of $5.37 million [4] - Banking services fee income was $2.18 million, higher than the average estimate of $1.78 million [4] - Federal Home Loan Bank of New York stock dividends amounted to $0.75 million, compared to the average estimate of $0.64 million [4] - Bank owned life insurance income was $2.32 million, slightly above the average estimate of $2.26 million [4] Stock Performance - Flushing Financial's shares have returned +4.5% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]