First of Long Island

The First of Long Island Corp. is a holding company, through which its subsidiaries, engages in the provision of financial services. It offers personal banking, business banking and lending services to individual, professional, corporate, institutional, and government customers. The company was founded on February 7, 1984 and is headquartered in Glen Head, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First of Long Island (FLIC) reports record 2022 performance, eyes challenges in 2023

First of Long Island (FLIC) delivered strong financial results in 2022 but faces challenges in 2023 amid interest rate increases impacting margins. Strategic branch expansions and stock repurchases reflect confidence in growth prospects. Opportunities lie in non-interest income growth and tax optimization for enhanced profitability.

First of Long Island (FLIC) reports Q1 earnings decline amid margin challenges

First of Long Island (FLIC) faces challenges from margin compression and rising interest rates but maintains stability in deposits and a focus on expense control.
The bank's performance in Q1 2023 saw a decrease in net income compared to the previous year, with a continued emphasis on commercial lending.
FLIC's strong capital position and proactive risk management strategies position it well for potential share repurchases and strategic growth opportunities.

First of Long Island (FLIC) reports Q2 growth and strategic focus

First of Long Island Corporation (FLIC) reported growth in assets, loans, and deposits in Q2 2023. Despite challenges like margin decline and efficiency ratio increase, the bank's strong capital position and strategic initiatives position it well for future opportunities.

First of Long Island (FLIC) maintains steady performance amidst changes

FLIC's Q3 performance remained steady with consistent earnings and improved net interest margin, supported by growth in core business metrics.
While facing challenges such as postponed technology upgrades and management changes, FLIC continues to capitalize on strengths like cost-saving initiatives and branch consolidation.
Opportunities lie in the new executive appointments and potential for further operational efficiencies and revenue generation through strategic partnerships.

First of Long Island reports Q4 earnings decline, eyes 2024 growth

FLIC's 2023 performance saw a decline in net income attributed to lower net interest margin.
Despite challenges in Q4 2023, FLIC aims for margin recovery and cost optimization in 2024.
Opportunities lie in improving margins, growing noninterest income, and addressing analyst concerns for future enhancements.

First of Long Island reports Q1 income dip, eyes growth

FLIC's Q1 2024 performance reflected a decline in net income but showcased strong capital position, loan growth, and effective expense management.
While facing challenges such as lower net interest margin and declining gross loans, FLIC has opportunities to leverage its stable deposit base and focus on margin improvement.
Strategic initiatives like share repurchases and dividend declarations demonstrate FLIC's commitment to enhancing shareholder value amidst evolving market conditions.

First of Long Island (FLIC) reports robust Q2 performance

FLIC's Q2 2024 performance showcased strength in financial metrics and strategic focus on commercial lending.
While challenges like shifting loan portfolios exist, opportunities in expanding relationships and optimizing income streams are evident.
Maintaining a strong capital position and managing expenses will be crucial for sustained growth.
Strategic use of excess cash and a focus on key financial ratios position FLIC well for future opportunities.

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The First of Long Island Corp. is a holding company, through which its subsidiaries, engages in the provision of financial services. It offers personal banking, business banking and lending services to individual, professional, corporate, institutional, and government customers. The company was founded on February 7, 1984 and is headquartered in Melville, NY.

GLEN HEAD, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three months ended March 31, 2022. In the highlights that follow, all comparisons are of the current three-month period to the same period last year unless otherwise indicated.

The First of Long Island Corporation Reports Earnings for the First Quarter Of 2022

First of Long Island has historically been a pretty dependable bank, rating highly on efficiency and asset quality.

First of Long Island - A Fair Deal At 1.15x Tangible Book Value

GLEN HEAD, N.Y., March 04, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on March 24, 2022 to shareholders of record on March 16, 2022.

The First of Long Island Corporation Announces First Quarter Cash Dividend of $.20 Per Share

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GLEN HEAD, N.Y., Jan. 31, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, today announced that its Board of Directors has approved a new common stock repurchase program of $30 million. The Company may repurchase its shares from time to time through open market purchases, privately negotiated transactions or in any other manner that is compliant with applicable securities laws. The stock repurchase program does not obligate the Company to purchase shares. There is no guarantee as to the exact number of shares that may be repurchased by the Company pursuant to this program, which is subject to market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity and other factors deemed appropriate.

The First of Long Island Corporation Announces a New Common Stock Repurchase Program

The First of Long Island (FLIC) delivered earnings and revenue surprises of 0% and 5.97%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

The First of Long Island (FLIC) Q4 Earnings Meet Estimates

GLEN HEAD, New York, Jan. 27, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported net income and earnings per share for the quarter and year ended December 31, 2021. In the highlights that follow, all comparisons are to the prior year or quarter unless otherwise indicated.

The First of Long Island Corporation Reports Earnings for the Quarter and Year Ended December 31, 2021

GLEN HEAD, N.Y., Dec. 17, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on January 14, 2022 to shareholders of record on January 5, 2022.

The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.20 Per Share

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Dividend Champions On Sale - The December 2021 Heat Map

The return metrics are strong, despite a dip in loan balances.

The First of Long Island Offers A High Yield To Wait

The First of Long Island (FLIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The First of Long Island (FLIC) Earnings Expected to Grow: What to Know Ahead of Q3 Release

The First of Long Island (FLIC) delivered earnings and revenue surprises of 0.00% and -0.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

The First of Long Island (FLIC) Q3 Earnings Meet Estimates

GLEN HEAD, N.Y., Oct. 28, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three and nine months ended September 30, 2021. In the highlights that follow, all comparisons are of the current three or nine-month period to the same period last year unless otherwise indicated.

The First of Long Island Corporation Reports Earnings for the Third Quarter Of 2021

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Dividend Increases: September 18-24, 2021

GLEN HEAD, N.Y., Sept. 24, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on October 18, 2021 to shareholders of record on October 8, 2021.

The First of Long Island Corporation Announces 5.3% Increase in Quarterly Cash Dividend to $.20 Per Share

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GLEN HEAD, N.Y., Sept. 01, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island (the “Bank”), reported that the Bank will close and consolidate eight (8) branches into nearby locations on November 30, 2021. The announcement follows the 2020 closing and consolidation of six (6) branches as Senior Management is implementing its plan to right-size the legacy branch network while expanding geographically with de novo branching. New branch growth is currently focused on eastern Suffolk County, New York with a branch opened in December 2020 at 140 Main Street in Riverhead and a branch preparing to open in the next several weeks at 100 Pantigo Place in East Hampton.

The First of Long Island Corporation Continues Its Branch Optimization Strategy

GLEN HEAD, N.Y., July 29, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three and six months ended June 30, 2021. In the highlights that follow, all comparisons are of the current three or six-month period to the same period last year unless otherwise indicated.

The First of Long Island Corporation Reports Earnings for the Second Quarter of 2021

The First of Long Island (FLIC) to Report Q2 Results: What You Should Expect

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The First of Long Island (FLIC) have what it takes?

Are You Looking for a High-Growth Dividend Stock? The First of Long Island (FLIC) Could Be a Great Choice

GLEN HEAD, N.Y., June 25, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.19 per share. This represents a 5.6% increase over the dividend of $.18 per share declared in the same quarter last year. The dividend will be paid on July 16, 2021 to shareholders of record on July 8, 2021.

The First of Long Island Corporation Announces Second Quarter Cash Dividend of $.19 per Share

The First of Long Island (FLIC) delivered earnings and revenue surprises of -2.08% and 1.42%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

The First of Long Island (FLIC) Lags Q1 Earnings Estimates

GLEN HEAD, N.Y., April 29, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three months ended March 31, 2021. In the highlights that follow, all comparisons are of the current three-month period to the same period last year unless otherwise indicated.

The First of Long Island Corporation Reports Earnings for the First Quarter of 2021

The First of Long Island (FLIC) Earnings Expected to Grow: What to Know Ahead of Q1 Release

The First of Long Island (FLIC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is The First of Long Island (FLIC) Stock a Solid Choice Right Now?

News for First of Long Island Stock (FLIC)