UNIONDALE, N.Y. (AP) _ Flushing Financial Corp. (FFIC) on Tuesday reported a first-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Uniondale, New York-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, were 19 cents per share.
The holding company for Flushing Bank posted revenue of $63.8 million in the period. Its adjusted revenue was $38 million.
Flushing Financial shares have decreased 41% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.74, a drop of 43% in the last 12 months.