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. 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 6,831 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] → $158M (+$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
1.04% less ownership
Funds ownership: 55.57% [Q2] → 54.53% (-1.04%) [Q3]
4% less funds holding
Funds holding: 110 [Q2] → 106 (-4) [Q3]
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Research analyst outlook
We haven’t received any recent analyst ratings for FLIC.
Financial journalist opinion
Based on 3 articles about FLIC published over the past 30 days
Positive
Seeking Alpha
19 hours 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
1 day 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 weeks 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
1 month 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
1 month 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
3 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
3 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
4 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
4 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.
Neutral
GlobeNewsWire
4 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:
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