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.

The First of Long Island (FLIC) delivered earnings and revenue surprises of 40.63% and 2.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

The First of Long Island (FLIC) Beats Q2 Earnings and Revenue Estimates

GLEN HEAD, N.Y., July  30, 2020  (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 three and six months ended June 30, 2020.  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 2020

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.

Earnings Preview: The First of Long Island (FLIC) Q2 Earnings Expected to Decline

GLEN HEAD, N.Y., June  25, 2020  (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.18 per share.  This represents a 5.9% increase over the dividend of $.17 per share declared in the same quarter last year.  The dividend will be paid on July 20, 2020 to shareholders of record on July 9, 2020.

The First of Long Island Corporation Announces Second Quarter Cash Dividend of $.18 per Share

The First of Long Island (FLIC) possesses 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) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

The First of Long Island (FLIC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can The First of Long Island (FLIC) Keep the Earnings Surprise Streak Alive?

GLEN HEAD, N.Y., March  06, 2020  (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.18 per share.  This represents a 5.9% increase over the dividend of $.17 per share declared in the same quarter last year.  The dividend will be paid on March 27, 2020 to shareholders of record on March 17, 2020.

The First of Long Island Corporation Announces  First Quarter Cash Dividend of $.18 per Share

GLEN HEAD, N.Y., Jan.  31, 2020  (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 an increase of $15 million in its previously announced common stock repurchase program for a total of $65 million in repurchases. Under this program, $25 million in repurchases remain to be executed. 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 an Increase in Its Stock Repurchase Program

The First of Long Island (FLIC) delivered earnings and revenue surprises of 4.55% and -0.89%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

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

The First of Long Island (FLIC) Earnings Expected to Grow: What to Know Ahead of Q4 Release

GLEN HEAD, N.Y., Jan.  03, 2020  (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ: FLIC) announced today that Christopher Becker succeeded Michael Vittorio as President and Chief Executive Officer and was elected to the Board of Directors of The First of Long Island Corporation and The First National Bank of Long Island effective January 1, 2020.

The First of Long Island Corporation Announces a New President and Chief Executive Officer

GLEN HEAD, N.Y., Jan.  03, 2020  (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ: FLIC) announced today that Jay P. McConie has been promoted to Executive Vice President and Chief Financial Officer of The First of Long Island Corporation and The First National Bank of Long Island effective January 1, 2020.

The First of Long Island Corporation Announces a New Executive Vice President and Chief Financial Officer

GLEN HEAD, N.Y., Dec.  20, 2019  (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.18 per share. This represents a 5.9% increase over the dividend of $.17 per share declared in the same quarter last year. The dividend will be paid on January 20, 2020 to shareholders of record on January 8, 2020.

The First of Long Island Corporation Announces Fourth Quarter Cash Dividend of $.18 Per Share

The First of Long Island (FLIC) delivered earnings and revenue surprises of 2.33% and -0.62%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

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

GLEN HEAD, N.Y., Sept.  27, 2019  (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.18 per share.  This represents a 5.9% increase over the dividend of $.17 per share declared in the same quarter last year.  The dividend will be paid on October 18, 2019 to shareholders of record on October 9, 2019.

The First of Long Island Corporation Announces 5.9% Increase in Quarterly Cash Dividend to $.18 Per Share

The First of Long Island (FLIC) delivered earnings and revenue surprises of 0.00% and 0.69%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

News for First of Long Island Stock (FLIC)