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    Thomas Reid • Raymond James

    Thomas Reid's questions to Flushing Financial Corp (FFIC) leadership

    Thomas Reid's questions to Flushing Financial Corp (FFIC) leadership • Q2 2025

    Question

    Thomas Reid from Raymond James asked for the reasons behind the lowered expense outlook for 2025 and for an update on the company's plans for SBA hiring and de novo branch expansion.

    Answer

    Senior EVP and CFO Susan Cullen explained that the reduced expense guidance was due to adjustments in incentive compensation accruals and disciplined expense management. She added that the company has opened a new branch in Jackson Heights and is planning a second Chinatown branch due to strong growth, while continuously evaluating opportunities to add new revenue-generating teams.

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    Thomas Reid's questions to Dime Community Bancshares Inc (DCOM) leadership

    Thomas Reid's questions to Dime Community Bancshares Inc (DCOM) leadership • Q2 2025

    Question

    Thomas Reid of Raymond James inquired about the sustainability of the strong DDA balance growth and the factors driving the slight decrease in the weighted average rate on the loan pipeline.

    Answer

    CEO Stuart Lubow and CFO Avinash Reddy confirmed the DDA growth was fundamentally strong, driven by new account openings in retail and private banking, not one-time events. Reddy attributed the modest decline in the loan pipeline rate from 7.10% to 6.85% to a mix shift towards floating-rate loans rather than significant competitive spread compression.

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