Flushing Financial Corporation

Flushing Financial Corporation reported net income of $18.9 million for FY 2025, a significant improvement from a net loss of $31.3 million in FY 2024. Total interest and dividend income was $466.2 million, while total interest expense was $250.7 million, resulting in net interest income of $215.5 million. Non-interest income was $23.4 million, and non-interest expense totaled $191.6 million, which included a $17.6 million goodwill impairment charge. The company's total assets were $8.69 billion, with total liabilities of $7.99 billion and stockholders' equity of $708.0 million. The filing highlights a pending merger agreement with OceanFirst Financial Corp., which is a significant forward-looking event that could materially impact the company's future operations and financial condition.

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