UNIONDALE, NY, Feb. 23, 2022 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq GS: FFIC), the parent company of Flushing Bank (the “Bank”), announced today that the The board of directors (the “Board”) declared a quarterly dividend on its common shares of $0.22 per common share, an increase of $0.01 per share from the previous quarter’s dividend, payable on March 25, 2022 to shareholders of record Shareholders at close of business on March 11, 2022.
John R. Buran, the Company’s President and Chief Executive Officer, stated, “The quarterly dividend increase to $0.22 per share reflects our record earnings in 2021 and our momentum in 2022. Economic recovery, market disruptions from recent mergers, and a strong credit pipeline should continue to fuel growth in 2022. We remain committed to increasing shareholder returns and executing on our strategic goals.”
FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding company of Flushing Bank®, an FDIC-insured, New York State-registered commercial bank with branches in Queens, Brooklyn, Manhattan and Long Island. The bank has been building relationships with families, business owners and communities since 1929. Today it offers the products, services and conveniences of large commercial banks, including a full range of deposit, loan, equipment financing and cash management services. Rewarding clients with personal attention and bankers who can communicate in the languages prevalent in these multicultural markets makes the bank unique. As an equal housing lender and a leader in real estate lending, the bank’s experienced lending teams create mortgage solutions for homeowners and property managers in and around the New York City metropolitan area. The bank also maintains relationships with consumers across the country through its online banking division with the iGObanking® and BankPurely® brands.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: statements in this press release regarding plans, strategies, economic performance and trends, forecast results of certain activities or investments, and other statements that may not be descriptions of historical facts forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. By their nature, forward-looking information is subject to risks and uncertainties, and actual results could differ materially from those currently anticipated as a result of a number of factors, including, without limitation, risk factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 Documents the Company files with the Securities and Exchange Commission from time to time. Forward-looking statements can be identified by terms such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”. , “anticipated”, “projected”, “targets”, “potential” or “continue” or similar terms, or the negative of such terms. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company undertakes no obligation to update these forward-looking statements.
For more information about Flushing Financial Corporation, visit the company’s website at FlushingBank.com.
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CONTACT:
Susan K Cullen
Senior Executive Vice President and
CFO
Flushing Financial Corp
(718) 961-5400
