/EIN News/ -- SECOND QUARTER 20181 HIGHLIGHTS GAAP diluted EPS was $0.48, up 23.1% QoQ and 9.1% YoY Core diluted EPS was $0.49, up 32.4% QoQ and 6.5% YoY Net interest income of $42.6 million was relatively unchanged QoQ, but down 2.2% YoY Net interest margin was 2.76%, down 3bps QoQ and 19bps YoY GAAP and core ROAE were 10.5% and 10.6%, compared with 8.6% and 8.1%, respectively in 1Q18 GAAP and core ROAA were both 0.9%, compared with 0.7% in 1Q18 UNIONDALE, N.Y., July 24, 2018 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq:FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced its financial results for the second quarter ended June 30, 2018. John R. Buran, President and Chief Executive Officer, stated, “We are pleased to report earnings per diluted common share of $0.48 for the second quarter of 2018, an increase of 23.1% and 9.1% from 1Q18 and 2Q17, respectively. Furthermore, ROAE increased to … [Read more...] about Flushing Financial Corporation Reports 2Q18 Earnings per Diluted Share of $0.48 an Increase of 23% From 1Q18 Driven by Strong ROAE of 10.5%; Yield on Loan Originations Increased 30 Basis Points From 1Q18
Derek Hawkins, The Washington Post Published 6:06 am PDT, Tuesday, July 24, 2018 Photo: Bloomberg Photo By Andrew Harrer. Image 1of/1 CaptionClose Image 1 of 1 Attorney General Jeff Sessions speaks during a Senate Appropriations Subcommittee hearing in Washington on April 25, 2018. Attorney General Jeff Sessions speaks during a Senate Appropriations Subcommittee hearing in Washington on April 25, 2018. Photo: Bloomberg Photo By Andrew Harrer. The Cybersecurity 202: Justice Department to mount another encryption push despite setbacks 1 / 1 Back to Gallery WASHINGTON - The Justice Department has had some setbacks lately in its push for access to encrypted devices. But now it's doubling down. In a highly anticipated cyber task force report commissioned by Attorney General Jeff Sessions, the DOJ outlines a … [Read more...] about The Cybersecurity 202: Justice Department to mount another encryption push despite setbacks
Tory Newmyer, The Washington Post Published 8:06 am CDT, Tuesday, July 24, 2018 Amid President Donald Trump's trade war hardball, China is demonstrating it can use soft power to get what it wants. Witness Chinese telecom company ZTE, which just spent a small fortune lobbying Washington to try to claw its way out of a crackdown that posed an existential threat. The effort appears to have worked. Senate Republicans late last week dropped their demands that a defense bill restore penalties on the company that would have driven it out of business. Instead, under a compromise provision in a package the House will vote on as soon as this week, ZTE can keep doing business with private American suppliers. That's despite violating sanctions by making sales to North Korea and Iran. MySA News Videos Now Playing: Now Playing Police investigating NE side shooting that left 1 hospitalized San Antonio Express-News SAPD lieutenant fired after derogatory Facebook post … [Read more...] about The Finance 202: China exerts soft power in ZTE win
Colby Itkowitz, The Washington Post Published 8:10 am CDT, Tuesday, July 24, 2018 As the Trump administration sought credit last week for its efforts to lower drug prices, a mother in Long Island took to Twitter - the president's favorite medium - to lament the exorbitant cost of her daughter's insulin. For Doreen Rudolph, the tweet she fired off early Saturday was similar to many she had before about her daughter's lifesaving diabetes medication. But this time, for reasons she can't quite explain, her words went viral. By Monday, 68,000 had liked it, 23,000 retweeted it and 2,700 had replied to it with suggestions and offers to help. Even Andy Slavitt, who ran the Centers for Medicare and Medicaid Services for the last two years of the Obama administration, retweeted Rudolph, alerting his 211,000 followers to her situation: MySA News Videos Now Playing: Now Playing Police investigating NE side shooting that left 1 hospitalized San Antonio Express-News … [Read more...] about The Health 202: This mother’s tweet about drug prices went viral. Trump’s plans are unlikely to help her.
James Hohmann, The Washington Post Published 8:25 am PDT, Monday, July 23, 2018 Photo: Washington Post Photo By James Hohmann Image 1of/1 CaptionClose Image 1 of 1 College students Joe Meaney, Jessica Field and Marisa Engelbrecht, from left to right, volunteer recently at the Congressional Leadership Fund field office in Manlius, N.Y. College students Joe Meaney, Jessica Field and Marisa Engelbrecht, from left to right, volunteer recently at the Congressional Leadership Fund field office in Manlius, N.Y. Photo: Washington Post Photo By James Hohmann The Daily 202: Inside the House GOP super PAC's strategy to localize every key race 1 / 1 Back to Gallery MANLIUS, N.Y. - To save the Republican House majority, the Congressional Leadership Fund is focusing on a salmon hatchery in Seattle, a gas tax increase in … [Read more...] about The Daily 202: Inside the House GOP super PAC’s strategy to localize every key race