Flushing Financial Corp. reported 2025 net income of $18.9 million, versus a net loss in 2024, with diluted EPS of $0.54. Net interest income rose 18% to $215.5 million, as net interest margin increased 44 basis points to 2.59%. Non-interest income swung to $23.4 million from a loss in 2024, while non-interest expense rose 17% to $191.6 million. Provision for credit losses increased 33% to $12.8 million, and non-performing loans rose 25% to $41.6 million. The company said it entered a definitive merger agreement with OceanFirst on Dec. 29, 2025, valuing the deal at $579 million and targeting a second-quarter 2026 close.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flushing Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-024646), on March 06, 2026, and is solely responsible for the information contained therein.