The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, holiday club, and individual retirement accounts.
infoThe First of Long Island is a small cap stock with a total market cap of 291.41M.
infoThey trade on the NASDAQ and had their IPO 36 years and 7 months ago.
infoThe First of Long Island currently employs 303 people.
infoAs of Wednesday, Aug 23 2023, The First of Long Island’s share price is $12.91.
News Relating to The First of Long Island
GuruFocus
EVP, Internal Counsel Tanweer Ansari Sells 1000 Shares of First of Long Island Corp
Friday Aug 04 2023 at 12:01
On August 2, 2023, Tanweer Ansari, the Executive Vice President and Internal Counsel of First of Long Island Corp ( FLIC , Financial), sold 1000 shares of the company. This move comes as part of a series of insider transactions that have taken place over the past year.
Seeking Alpha
The 10 Best Dividend Aristocrat Bargains For August
Saturday Jul 29 2023 at 07:30
The S&P 500 is 16% to 27% overvalued depending on whether or not we get a recession. The top 8 stocks are driving 75% of the market’s gains. Even in an irrational bubble, incredible bargains are available because it is always and forever a market of stocks, not a stock market. Here are the 10 most undervalued dividend aristocrats averaging a 3.7% very safe yield, with a 34% discount to fair value.
Zacks Investment Research
The First of Long Island (FLIC) Q2 Earnings and Revenues Lag Estimates
Thursday Jul 27 2023 at 19:58
The First of Long Island (FLIC) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.54 per share a year ago.
GlobeNewsWire
The First of Long Island Corporation Announces Second Quarter Earnings Conference Call
Friday Jul 07 2023 at 10:30
MELVILLE, N.Y., July 07, 2023 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on July 28, 2023 at 2:00 pm Eastern time to discuss second quarter results. Financial results will be released after the market closes on July 27, 2023.
Seeking Alpha
SMDV: High Quality Small Cap ETF
Monday Jun 26 2023 at 13:30
SMDV: High Quality Small Cap ETF
Seeking Alpha
Want To Buy A Beaten Down Bank Stock? Here’s A List And Analysis
Monday May 08 2023 at 00:48
Thirteen badly beaten-up bank stocks are reviewed and compared to those that were recently taken over. Items reviewed include uninsured deposits, risky activities, unrealized investment losses, capital ratios, ROE, performance in the last recession, and loan growth.
Seeking Alpha
The First of Long Island Corporation (FLIC) Q1 2023 Earnings Call Transcript
Saturday Apr 29 2023 at 15:02
The First of Long Island Corporation (NASDAQ:FLIC ) Q1 2023 Results Conference Call April 28, 2023 2:00 PM ET Company Participants Chris Becker – President and Chief Executive Officer Jay McConie – Chief Financial Officer Conference Call Participants Alex Twerdahl – Piper Sandler Chris O’Connell – KBW Operator Welcome to the First of Long Island Corporation’s First Quarter 2023 Earnings Conference Call. On the call today are Chris Becker, President and Chief Executive Officer and Jay McConie, Chief Financial Officer.
Zacks Investment Research
The First of Long Island (FLIC) Q1 Earnings and Revenues Miss Estimates
Thursday Apr 27 2023 at 20:29
The First of Long Island (FLIC) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.52 per share a year ago.
Seeking Alpha
2 Dividend Champions For High-Yield Income Generation
Wednesday Apr 12 2023 at 11:39
Dividend champions are a great source of ideas for investors seeking either high yield or dividend growth. In this article, I conduct a quarterly examination of the dividend champions to identify two stocks that may be suitable for high-yield investors.
Seeking Alpha
4 Banks Stocks To Buy In April 2023
Monday Apr 10 2023 at 07:19
We discuss four community banks with low valuations and decade-high dividend yields. The stock have at least 10 years of dividend growth and solid dividend safety.
GlobeNewsWire
The First of Long Island Corporation Announces First Quarter Earnings Conference Call
Wednesday Apr 05 2023 at 11:00
MELVILLE, N.Y., April 05, 2023 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on April 28, 2023 at 2:00 pm Eastern time to discuss first quarter results. Financial results will be released after the market closes on April 27, 2023.
Seeking Alpha
The First of Long Island: Analyzing Regional Bank In Light Of SVB Financial Group
Monday Apr 03 2023 at 03:41
The First of Long Island is a small regional lender with $4.3 billion in assets. It may see NIM compression in the coming quarters as the regional banking crisis has shown a light on how low its deposit rates are relative to their risks.
Seeking Alpha
The First of Long Island: Quality Regional Bank Trading Cheaply
Sunday Apr 02 2023 at 02:20
First National Bank of Long Island is a long-tenured regional bank catering exclusively to New York State. It has maintained a quality set of risk metrics and increased its ROE above the sector median in the last year.
Seeking Alpha
Retire Rich With This 6%-Yielding Dividend Aristocrat Portfolio
Saturday Mar 25 2023 at 07:30
The banking crisis of 2023 is likely to push America into recession, possibly within four months. Stocks will likely sell off 15% to 30% before a new face-ripping bull market begins.
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of March 19
Sunday Mar 19 2023 at 05:04
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
Seeking Alpha
4 High-Yield Dividend Aristocrat Retirement Dream Buys
Wednesday Feb 15 2023 at 07:15
2023 has been a surprising and confusing year for everyone. If you’re not confused, you’re not paying attention. Fortunately, high-yield aristocrats are available to let you escape the rat race, by offering safe and growing income that can pay the bill no matter what happens next.
Seeking Alpha
5 Coiled Spring Dividend Aristocrat Deals Potentially Set To Soar
Wednesday Feb 08 2023 at 07:30
Stocks had their 8th best January in history due to hopium about a potential soft landing. 98% of CEOs expect a recession this year, though it’s likely to be mild.
Seeking Alpha
The First of Long Island Corporation (FLIC) Q4 2022 Earnings Call Transcript
Friday Jan 27 2023 at 15:25
The First of Long Island Corporation (NASDAQ:FLIC ) Q4 2022 Earnings Conference Call January 27, 2023 2:00 PM ET Company Participants Chris Becker – President and Chief Executive Officer Jay McConie – Chief Financial Officer Conference Call Participants Alex Twerdahl – Piper Sandler Chris O’Connell – KBW Operator Welcome to the First of Long Island Corporation’s Fourth Quarter 2022 Earnings Conference Call. On the call today are Chris Becker, President and Chief Executive Officer; Jay McConie, Chief Financial Officer; and Bill Aprigliano, Chief Accounting Officer.
GlobeNewsWire
The First Of Long Island Corporation Announces Fourth Quarter Earnings Conference Call
Wednesday Jan 11 2023 at 13:00
MELVILLE, N.Y., Jan. 11, 2023 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on January 27, 2023 at 2:00 pm Eastern time to discuss fourth quarter results. Financial results will be released before the market opens on January 26, 2023.
Seeking Alpha
First Of Long Island: Above Average Bank At A Below Average Price
Wednesday Jan 11 2023 at 08:05
First of Long Island is a local bank that’s been around for a long time and has demonstrated strong growth over the years. It’s seeing robust net interest income growth and has a solid dividend track record.
Seeking Alpha
The 9 Best 4+% Yielding Dividend Aristocrats For 2023
Saturday Dec 31 2022 at 07:50
Dividend growth blue-chips are the best performing assets in history. There are no more dependable dividend growth blue-chips for the 2023 recession than dividends aristocrats.
Seeking Alpha
5%-Yielding Dividend Aristocrat Hidden-Gem Bargains
Tuesday Nov 22 2022 at 07:00
The recent market rally has made stocks overvalued once more, but some small-cap hidden gems are 30% undervalued. Many small caps have already mostly priced in the 2023 recession and might bottom much sooner than the S&P.
InvestorPlace
3 Small-Cap Dividend Stocks With Strong Yields
Monday Nov 07 2022 at 14:46
Income-focused investors often target the largest companies, as those with lengthy track records of dividend growth are usually the leaders within their area of the economy. Still, investors could do well expanding their search beyond the large-cap names.
Seeking Alpha
The First of Long Island Corporation (FLIC) Q3 2022 Earnings Call Transcript
Thursday Oct 27 2022 at 21:37
The First of Long Island Corporation (NASDAQ:FLIC ) Q3 2022 Earnings Conference Call October 27, 2022 3:00 PM ET Company Participants Chris Becker – President and Chief Executive Officer Jay McConie – Chief Financial Officer Bill Aprigliano – Chief Accounting Officer Conference Call Participants Alex Twerdahl – Piper Samer Chris O’Connell – KBW Operator Welcome to the First of Long Island Corporation’s Third Quarter 2022 Earnings Conference Call. On the call today are Chris Becker, President and Chief Executive Officer; Jay McConie, Chief Financial Officer; and Bill Aprigliano, Chief Accounting Officer.
Zacks Investment Research
Why The First of Long Island (FLIC) is a Top Dividend Stock for Your Portfolio
Monday Oct 24 2022 at 12:47
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?
Zacks Investment Research
5 Stocks to Watch on Recent Dividend Hikes as Rates Rise
Friday Oct 07 2022 at 14:18
Investors may keep a tab on LXFR, OZK, FLIC, LMT and HON, which have lately hiked their dividend payments to generate regular income.
Zacks Investment Research
The First of Long Island (FLIC) is a Top Dividend Stock Right Now: Should You Buy?
Friday Oct 07 2022 at 12:48
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?
GlobeNewsWire
The First of Long Island Corporation Announces Third Quarter Earnings Conference Call
Friday Oct 07 2022 at 12:00
MELVILLE, N.Y., Oct. 07, 2022 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on October 27, 2022 at 3:00 pm Eastern time to discuss third quarter results. Financial results will be released before the market opens on the same day.
Zacks Investment Research
This is Why The First of Long Island (FLIC) is a Great Dividend Stock
Wednesday Sep 21 2022 at 12:48
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?
Zacks Investment Research
The First of Long Island (FLIC) Could Be a Great Choice
Monday Sep 05 2022 at 12:48
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?
The First of Long Island Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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The First of Long Island’s Altman Z-score is 2.71 which is in the gray zone. This indicates a level of ambiguity where further analyses are needed to evaluate the company’s financial stability accurately.
Derived from SEC.GOV filing dataopen_in_new
The First of Long Island Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 2 insiders have bought $209.46K and 1 insider has sold $66.87K of common stock in The First of Long Island on the stock market. This represents a net trade value of $142.59K bought.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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The First of Long Island’s Income Quality of 1.13 is lower than its Industry Group of 1.3 (-13.1% lower)
The First of Long Island’s Income Quality of 1.13 is lower than its Major Industry Group of 1.32 (-14.4% lower)
The First of Long Island’s Income Quality of 1.13 is greater than its Sector of 0.58 (94.8% greater)
Derived from SEC.GOV filing dataopen_in_new
Data is unavailable for Current Ratio
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
The First of Long Island’s PE Ratio of 8.15 is in line with its Industry Group of 7.82 (4.2% greater)
The First of Long Island’s PE Ratio of 8.15 is in line with its Major Industry Group of 8.01 (1.7% greater)
The First of Long Island’s PE Ratio of 8.15 is in line with its Sector of 7.86 (3.7% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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The First of Long Island’s PB Ratio of 0.65 is greater than its Industry Group of 0.58 (12.1% greater)
The First of Long Island’s PB Ratio of 0.65 is greater than its Major Industry Group of 0.36 (80.6% greater)
The First of Long Island’s PB Ratio of 0.65 is in line with its Sector of 0.72 (-9.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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The First of Long Island’s ROE of 0.08 is in line with its Industry Group of 0.08
The First of Long Island’s ROE of 0.08 is greater than its Major Industry Group of 0.02 (300.0% greater)
The First of Long Island’s ROE of 0.08 is greater than its Sector of 0.04 (100.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
The First of Long Island’s ROCE of 0.08 is greater than its Industry Group of 0.02 (300.0% greater)
The First of Long Island’s ROCE of 0.08 is greater than its Major Industry Group of 0.02 (300.0% greater)
The First of Long Island’s ROCE of 0.08 is greater than its Sector of 0.02 (300.0% greater)
Derived from SEC.GOV filing dataopen_in_new