Flushing financial corporation reports 1q24 gaap and core eps of $0.12 and $0.14, respectively; excellent quality driven by low risk credit profile

"we take pride in what we believe is our low risk credit profile that has performed well over our 95-year history. while there have been increased concerns about commercial real estate loans, especially new york city office and rent regulated multifamily exposure, hallmarks of our risk averse credit culture are demonstrated by only $4,000 of net charge-offs, 24 bps of 30-89 day delinquencies to gross loans, and decreased criticized and classified loans of 23% and flat npas during 1q24.
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B Quant Ranking