First of Long Island CorpFLIC
FLIC
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.
Employees: 265
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
850% more call options, than puts
Call options by funds: $19K | Put options by funds: $2K
58% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 26
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
5% more funds holding
Funds holding: 106 [Q3] → 111 (+5) [Q4]
3.18% more ownership
Funds ownership: 54.29% [Q3] → 57.47% (+3.18%) [Q4]
4% less capital invested
Capital invested by funds: $157M [Q3] → $151M (-$6.04M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$16.56
51%
upside
Avg. target
$16.56
51%
upside
High target
$16.56
51%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Christopher O'Connell 30% 1-year accuracy 6 / 20 met price target | 51%upside $16.56 | Outperform Upgraded | 1 Apr 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
The First of Long Island Corporation Announces First Quarter Cash Dividend of $.21 per Share
MELVILLE, N.Y., March 13, 2025 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.21 per share. The dividend will be paid on April 3, 2025 to shareholders of record on March 24, 2025.
Positive
Seeking Alpha
2 months ago
The First of Long Island Corporation Offers Strong Income Ahead Of A Merger
The First of Long Island Corporation offers a 6.5% yield, making it attractive for income investors despite some weakening in operating metrics and return metrics. The bank's asset quality remains strong, with slight improvements in credit loss provisions and stable loan and deposit levels. 2024 saw a decline in revenues and earnings, but the bank had a better H2 2024, with margins improving throughout the year.
Neutral
GlobeNewsWire
2 months ago
The First of Long Island Corporation Reports Earnings for the Year Ended December 31, 2024
MELVILLE, N.Y., Jan. 30, 2025 (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 quarter and year ended December 31, 2024.
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.
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@.
Neutral
GlobeNewsWire
3 months 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.
Positive
Seeking Alpha
5 months 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.
Neutral
GlobeNewsWire
5 months 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.
Neutral
GlobeNewsWire
6 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.
Neutral
PRNewsWire
7 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.
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