FLIC icon

First of Long Island Corp

12.40 USD
+0.18
1.47%
At close Dec 20, 4:00 PM EST
After hours
12.40
+0.00
0.00%
1 day
1.47%
5 days
-9.42%
1 month
-8.62%
3 months
-5.85%
6 months
28.63%
Year to date
-5.85%
1 year
-7.46%
5 years
-50.79%
10 years
-31.00%
 

About: First of Long Island Corp is a holding company that provides financial services. It offers services of saving accounts, current accounts, and capital gain accounts. The company also provides lending services, such as commercial and residential mortgage loans, industrial loans, small business credit scored loans, and other credit facilities. In addition, the company provides account reconciliation services, ATM Banking, bill payment, cash management services, mobile banking, online banking, and payroll services to privately owned businesses, professionals, consumers, and public bodies. Revenue earned by the company mainly consists of the interest on loans and investment securities, fees on deposit accounts, and income from investment management.

Employees: 288

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

26% more capital invested

Capital invested by funds: $125M [Q2] → $157M (+$32.8M) [Q3]

10% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 31

3% more call options, than puts

Call options by funds: $31K | Put options by funds: $30K

0.95% less ownership

Funds ownership: 55.24% [Q2] → 54.29% (-0.95%) [Q3]

4% less funds holding

Funds holding: 110 [Q2] → 106 (-4) [Q3]

24% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 17

Research analyst outlook

We haven’t received any recent analyst ratings for FLIC.

Financial journalist opinion

Neutral
GlobeNewsWire
1 day ago
The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.21 per Share
MELVILLE, N.Y., Dec. 20, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.21 per share. The dividend will be paid on January 9, 2025 to shareholders of record on December 31, 2024.
The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.21 per Share
Positive
Seeking Alpha
1 month ago
First of Long Island Corporation: Q3 Earnings Merit A Buy
The First of Long Island Corporation is a regional bank with a strong Q3 2024 performance, despite slight revenue dips and competitive deposit markets. Margins are improving, loan demand is stable, and asset quality remains strong, supporting our buy recommendation at current levels. The stock offers a 6.7% yield and trades at a discount-to-book value, with book value per share at $17.25 versus $12.70.
First of Long Island Corporation: Q3 Earnings Merit A Buy
Neutral
GlobeNewsWire
1 month ago
The First of Long Island Corporation Reports Earnings for the Third Quarter of 2024
MELVILLE, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC, the “Company” or the “Corporation”), the parent of The First National Bank of Long Island (the “Bank”), reported earnings for the three and nine months ended September 30, 2024.
The First of Long Island Corporation Reports Earnings for the Third Quarter of 2024
Neutral
GlobeNewsWire
2 months ago
The First of Long Island Corporation Announces Third Quarter Cash Dividend of $.21 per Share
MELVILLE, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.21 per share. The dividend will be paid on October 21, 2024 to shareholders of record on October 11, 2024.
The First of Long Island Corporation Announces Third Quarter Cash Dividend of $.21 per Share
Neutral
PRNewsWire
3 months ago
Shareholder Alert: Ademi LLP investigates whether The First of Long Island Corporation has obtained a Fair Price for its Public Shareholders
MILWAUKEE , Sept. 17, 2024 /PRNewswire/ -- Ademi LLP is investigating First of Long Island (Nasdaq: FLIC) for possible breaches of fiduciary duty and other violations of law in its transaction with ConnectOne.
Shareholder Alert: Ademi LLP investigates whether The First of Long Island Corporation has obtained a Fair Price for its Public Shareholders
Neutral
GlobeNewsWire
3 months ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FLIC and EVBN on Behalf of Shareholders
NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FLIC and EVBN on Behalf of Shareholders
Neutral
PRNewsWire
3 months ago
FLIC INVESTIGATION: The M&A Class Action Firm Investigates the Merger of First of Long Island Corp. - FLIC
NEW YORK , Sept. 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.
FLIC INVESTIGATION: The M&A Class Action Firm Investigates the Merger of First of Long Island Corp. - FLIC
Positive
Zacks Investment Research
3 months ago
ConnectOne Bancorp to Acquire The First of Long Island for $284M
CNOB is set to acquire FLIC for $284 million in an all-stock deal to expand its presence in Long Island. It is set to be 36% accretive to 2025 earnings.
ConnectOne Bancorp to Acquire The First of Long Island for $284M
Neutral
Business Wire
3 months ago
FIRST OF LONG ISLAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First of Long Island Corporation - FLIC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The First of Long Island Corporation (NasdaqCM: FLIC) to ConnectOne Bancorp, Inc. (NasdaqGS: CNOB). Under the terms of the proposed transaction, shareholders of FLIC will receive 0.5175 shares of ConnectOne for each share of FLIC that they own. KSF is seeking to determine whether this consideration and the pro.
FIRST OF LONG ISLAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First of Long Island Corporation - FLIC
Neutral
Business Wire
3 months ago
FLIC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of the First of Long Island Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The First of Long Island Corporation (NASDAQ: FLIC) to ConnectOne Bancorp, Inc. for 0.5175 shares of ConnectOne common stock for each share of Long Island common stock is fair to Long Island shareholders. Halper Sadeh encourages Long Island shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@.
FLIC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of the First of Long Island Corporation Is Fair to Shareholders
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