Flushing Financial reports profits are up
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."
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