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Flushing Financial posts 1Q profit

UNIONDALE, N.Y. (AP) _ Flushing Financial Corp. (FFIC) on Tuesday reported first-quarter net income of $12.3 million.

The Uniondale, New York-based company said it had profit of 42 cents per share. Earnings, adjusted for non-recurring gains, came to 40 cents per share.

The holding company for Flushing Bank posted revenue of $60.9 million in the period. Its adjusted revenue was $47.1 million.

Flushing Financial shares have fallen nearly 7 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $27.44, a rise of 31 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFIC at https://www.zacks.com/ap/FFIC

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