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Flushing Financial Corp. earned a stable investment-grade rating upgrade due to stronger earnings and improved financial health.
Flushing Financial Corporation has received an investment-grade credit rating affirmation from KBRA, with its long-term outlook upgraded to Stable.
The company’s senior unsecured debt remains rated BBB, while Flushing Bank’s deposit and senior debt ratings are at BBB+.
The upgrade reflects stronger earnings, improved capital ratios, and disciplined lending practices.
The bank, serving New York City and Long Island since 1929, continues to focus on loan repricing, reducing deposit costs, and growing core deposits and adjustable-rate loans.
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Flushing Financial Corp. obtuvo una actualización de calificación de grado de inversión estable debido a ganancias más fuertes y mejor salud financiera.