Summary New York Community Bancorp Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights New York Community Bancorp Inc (NYCB) is a bank holding company that operates through its subsidiary, New York Community Bank. Its portfolio of offerings consists of accounts and deposits...
Flushing Financial Corporation Reports 2023 and 4Q23 GAAP EPS of $0.96 and $0.27, and Core EPS of $0.83 and $0.25, Respectively; Continues to Successfully Execute On Its Action Plan John R. Buran, President and CEO Commentary “Flushing Financial delivered sequential GAAP and Core NIM expansion in 4Q23 of 7 and 18 basis points, respectively, as our team continued to successfully execute against the previously announced action plan amid this challenging environment. Importantly, during the quarter, total average deposits increased 3.1% YoY and 0.9% QoQ, while average noninterest bearing dep...
Flushing Financial Corporation To Host Fourth Quarter and Full Year 2023 Earnings Call UNIONDALE, N.Y., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its fourth quarter and full year 2023 earnings after the market closes on January 25, 2024. John R. Buran, President and Chief Executive Officer, and Susan K. Cullen, Senior Executive Vice President, Chief Financial Officer and Treasurer, will host the conference call on Friday, January 26, 20...
Flushing Bank Hosts Ribbon Cutting Ceremony at New Location in Bensonhurst, Brooklyn UNIONDALE, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), hosted a ribbon cutting ceremony at its new branch located at 8616 21st Avenue, Brooklyn, NY. New York State Senator Iwen Chu, along with executives from the Chinese American Planning Council, the Chinese American Social Service Center and local community and business leaders attended the event. At the ceremony, the Bank’s President ...
Flushing Bank Participating in Federal Home Loan Bank of New York’s (FHLBNY) 2023 Small Business Recovery Grant Program UNIONDALE, N.Y., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that the Bank is participating in the FHLBNY 2023 Small Business Recovery Grant Program. This program supports qualifying small businesses and non-profit organizations that have faced economic challenges due to the rate environment, inflation, supply-chain constraints, and/or rising en...
Flushing Financial Corporation Declares Quarterly Dividend of $0.22 per Share UNIONDALE, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that the Board of Directors (the “Board”) declared a quarterly dividend on its common stock of $0.22 per common share, payable on December 22, 2023, to shareholders of record at the close of business on December 8, 2023. John R. Buran, the Company’s President and Chief Executive Officer stated: “This quarter’s dividend ma...
Flushing Financial Corporation Reports 3Q23 GAAP EPS of $0.32 and Core EPS of $0.31; Delivered Sequential EPS and GAAP NIM Expansion as Action Plan Continues to Progress; Opened 27th Branch Expanding Asian Market Presence John R. Buran, President and CEO Commentary “We delivered sequential EPS and GAAP NIM expansion through the continued execution of our action plan to drive long-term profitability while advancing our near-term areas of focus amid persisting challenges in the operating environment. In 3Q23, we made significant progress on delivering against all pillars of our action pl...
Flushing Bank Opens a New Location in Bensonhurst, Brooklyn UNIONDALE, N.Y., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced it has opened a new location at 8616 21st Avenue, Brooklyn, NY. John R. Buran stated, “We are excited to expand our presence in Brooklyn with this new full-service location to serve the needs of Bensonhurst, a vibrant and diverse community. Our branch team reflects the ethnicity of the area and will provide in-language support to customers, f...
Flushing Financial Corporation To Host Third Quarter 2023 Earnings Call UNIONDALE, N.Y., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its third quarter 2023 earnings after the market closes on October 31, 2023. John R. Buran, President and Chief Executive Officer, and Susan K. Cullen, Senior Executive Vice President, Chief Financial Officer and Treasurer, will host the conference call on Wednesday, November 1, 2023, at 9:30 AM (ET) to dis...
Flushing Bank Proudly Announces It Has Successfully Secured Two Grants From The Federal Home Loan Bank of New York’s Affordable Home Program UNIONDALE, N.Y., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that it has successfully secured two grants from the Federal Home Loan Bank of New York through its Affordable Housing Program (AHP). The first grant was for $1.5 million dollars on behalf of the Town of Hempstead Housing Authority Program and its developer, Georg...
Flushing Financial Corporation Declares Quarterly Dividend of $0.22 Per Share UNIONDALE, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that the Board of Directors (the “Board”) declared a quarterly dividend on its common stock of $0.22 per common share, payable on September 29, 2023, to shareholders of record at the close of business on September 8, 2023. John R. Buran, the Company’s President and Chief Executive Officer, stated: “This quarter’s dividend ...
Flushing Financial Corporation Reports 2Q23 GAAP EPS of $0.29 and Core EPS of $0.26; Delivered Sequential Improvements in Key Metrics; Progressing on Action Plan to Continue Enhancing Business Model Resilience and Drive Profitability John R. Buran, President and CEO Commentary “We delivered sequential improvements in key metrics in the second quarter amid continuing uncertainty in the operating environment. We experienced the lowest level of NIM compression of the past four quarters and achieved QoQ improvements in the loan pipeline and asset quality. Further, we increased deposit balances ...
Flushing Bank Dragons are Practicing for the Dragon Boat Races UNIONDALE, N.Y., July 19, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that its Company team known as the Flushing Bank Dragons will once again participate in the Hong Kong Dragon Boat Festival in New York scheduled for the weekend of August 12-13. The Flushing Bank Dragons are on the water in Flushing Meadow Park each week practicing for the Dragon Boat races. John R. Buran President and CEO, stated, “Each year our...
Flushing Bank Announces Acquisition of Former Signature Bank Team UNIONDALE, N.Y., July 17, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that it has acquired a commercial real estate lending team from the former Signature Bank. Frank Korzekwinski, Chief of Real Estate Lending, stated “We are pleased to welcome Chris Penino, Christy Archer, and Kim Carson to our high-quality Commercial Real Estate Lending group. We are confident that they will assimilate quickly into the F...
Flushing Financial Corporation To Host Second Quarter 2023 Earnings Call UNIONDALE, N.Y., June 12, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its second quarter 2023 earnings after the market closes on July 25, 2023. John R. Buran, President and Chief Executive Officer, and Susan K. Cullen, Senior Executive Vice President, Chief Financial Officer and Treasurer, will host the conference call on Wednesday, July 26, 2023, at 9:30 AM (ET) to discuss ...
Flushing Bank Hosts Ribbon-Cutting Ceremony at New Branch in the Long Island Innovation Park at Hauppauge UNIONDALE, N.Y., June 07, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the Bank hosted a ribbon-cutting ceremony at its new branch located at 160 Adams Avenue, Hauppauge, NY. The event was well attended by local community and business leaders from within and around the industrial park. John R. Buran, President and CEO, stated, “We are excited to be a part of th...
Flushing Financial Corporation Announces 1 Million Increase in Share Repurchase Authorization UNIONDALE, N.Y., May 31, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that the Board of Directors (the “Board”) has authorized an increase in the purchase of its common stock by 1,000,000 shares. Stock can be purchased from time to time, in the open market or through private transactions, subject to market conditions. There is no expiration or maximum dollar amount under this authori...
Flushing Bank Donates to United Way of Long Island’s Mission United UNIONDALE, N.Y., May 26, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today the bank is donating to Mission United, a special fund of United Way of Long Island. Mission United helps serve Veterans by providing employment readiness & training, emergency financial assistance, case management support and housing development. These services include special programs, such as VetsBuild, which helps veterans overcome ...
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