Earnings: NY Community Bancorp, Flushing Financial
New York Community Bancorp Inc., Westbury
Parent of New York Community Bank and New York Commercial Bank
Quarter: ended March 31
Net income: Profit of $124.4 million, compared with $88.7 million in the same quarter a year ago.
Earnings per share: 29 cents, compared with 26 cents last year.
Company statement: Chief executive Joseph R. Ficalora said, "The merits of our growth-through-acquisition strategy were evident in our first quarter performance, as our operating earnings rose 42.2 percent year over year to $126.1 million."
Flushing Financial Corp., Lake Success
Parent of Flushing Savings Bank
Quarter: ended March 31
Net income: $8 million, compared with $6.3 million in the same period last year
Earnings per share: 26 cents, unchanged from the year-ago quarter
Company statement: Chief executive John Buran said, "We are pleased to report another quarter of strong earnings and margin expansion. . . . Our strong operating performance for the quarter was primarily driven by an increase of $7.4 million in net interest income."
'A million years isn't enough' NewsdayTV goes behind the scenes of the day Rex Heuermann was sentenced for the Gilgo killings.
'A million years isn't enough' NewsdayTV goes behind the scenes of the day Rex Heuermann was sentenced for the Gilgo killings.
