First of Long Island CorpFLIC
Market Cap: $287M
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
2.42% more ownership
Funds ownership: 51.94% [Q1] → 54.36% (+2.42%) [Q2]
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 111 [Q1] → 109 (-2) [Q2]
5% less capital invested
Capital invested by funds: $129M [Q1] → $123M (-$6.74M) [Q2]
54% less call options, than puts
Call options by funds: $13K | Put options by funds: $28K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Christopher O'Connell 75% 1-year accuracy 12 / 16 met price target | 2%upside $13 | Market Perform Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 10 articles about FLIC published over the past 30 days