FLIC - First of Long Island Corp-The Stock Price, Fair Value and News

10.06USD+0.17 (+1.72%)Market Closed

Market Summary

USD10.06+0.17

Market Closed

1.72%

FLIC Stock Price

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FLIC RSI Chart

FLIC Valuation

Market Cap

226.0M

Price/Earnings (Trailing)

8.61

Price/Sales (Trailing)

1.45

EV/EBITDA

5.34

Price/Free Cashflow

7.71

FLIC Price/Sales (Trailing)

FLIC Profitability

EBT Margin

18.95%

Return on Equity

6.9%

Return on Assets

0.62%

Free Cashflow Yield

12.97%

FLIC Fundamentals

FLIC Revenue

Revenue (TTM)

155.5M

Rev. Growth (Yr)

15.41%

Rev. Growth (Qtr)

1.26%

FLIC Earnings

Earnings (TTM)

26.2M

Earnings Growth (Yr)

-38.82%

Earnings Growth (Qtr)

-10.9%

Breaking Down FLIC Revenue

Last 7 days

-7.3%

Last 30 days

-8%

Last 90 days

-19.3%

Trailing 12 Months

0.2%

How does FLIC drawdown profile look like?

FLIC Financial Health

Debt/Equity

1.24

Debt/Cashflow

0.07

FLIC Investor Care

Dividend Yield

8.35%

Dividend/Share (TTM)

0.84

Buy Backs (1Y)

0.22%

Diluted EPS (TTM)

1.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	139.2M	144.4M	150.0M	155.5M
2022	123.2M	124.9M	129.5M	134.2M
2021	127.1M	124.5M	122.6M	123.0M
2020	142.2M	139.5M	135.8M	131.2M
2019	142.5M	144.0M	145.1M	143.8M
2018	122.1M	128.0M	132.6M	138.2M
2017	107.5M	110.8M	114.9M	118.3M
2016	95.2M	98.2M	101.5M	104.1M
2015	84.3M	87.0M	88.8M	92.1M
2014	76.4M	78.1M	80.3M	82.0M
2013	74.8M	73.6M	73.7M	74.9M
2012	77.4M	78.3M	77.5M	76.2M
2011	72.5M	73.3M	74.9M	76.3M
2010	0	68.3M	70.4M	72.4M
2009	0	0	0	66.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of First of Long Island Corp-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 19, 2024	haye edward j.	acquired	-	-	509	-
Apr 16, 2024	quick peter	acquired	-	-	3,144	-
Apr 16, 2024	haye edward j.	acquired	-	-	3,144	-
Apr 16, 2024	desmond john j	acquired	-	-	3,144	-
Apr 16, 2024	canarick paul t	acquired	-	-	3,144	-
Apr 16, 2024	ives louisa m	acquired	-	-	3,144	-
Apr 16, 2024	teagle walter c iii	acquired	-	-	5,947	-
Apr 16, 2024	taylor milbrey rennie	acquired	-	-	3,144	-
Apr 16, 2024	tveter eric	acquired	-	-	3,144	-
Apr 16, 2024	strain denise	acquired	-	-	3,144	-

Which funds bought or sold FLIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	Janney Montgomery Scott LLC	new	-	132,000	132,000	-%
May 01, 2024	BNP PARIBAS FINANCIAL MARKETS	added	57.3	58,166	241,341	-%
Apr 30, 2024	Retirement Group, LLC	added	3.81	-185	1,209	-%
Apr 30, 2024	J.W. COLE ADVISORS, INC.	unchanged	-	-25,137	108,521	-%
Apr 30, 2024	Avior Wealth Management, LLC	added	0.41	-3,094	16,368	-%
Apr 26, 2024	First Horizon Advisors, Inc.	unchanged	-	-361	1,863	-%
Apr 25, 2024	Bank of New York Mellon Corp	added	0.08	-339,667	1,760,980	-%
Apr 25, 2024	nVerses Capital, LLC	new	-	100,919	100,919	0.24%
Apr 25, 2024	SIMPLEX TRADING, LLC	sold off	-100	-4,000	-	-%

Are Funds Buying or Selling FLIC?

Are funds buying FLIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FLIC

No. of Funds

Unveiling First of Long Island Corp-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.03%	1,136,072	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 25, 2024	blackrock inc.	8.7%	1,957,196	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Jan 31, 2023	franklin mutual advisers llc	4.3%	963,871	SC 13G/A
Jan 25, 2023	blackrock inc.	8.9%	2,019,118	SC 13G/A
Feb 10, 2022	vanguard group inc	4.66%	1,101,304	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G
Feb 01, 2022	franklin mutual advisers llc	7.7%	1,813,400	SC 13G/A
Feb 01, 2022	blackrock inc.	7.8%	1,838,918	SC 13G/A

Recent SEC filings of First of Long Island Corp-The

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading

Peers (Alternatives to First of Long Island Corp-The)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.4B	174.7B	-3.54%	38.14%	10.93	3.15	53.11%	19.83%
BAC	288.3B	127.4B	-1.55%	31.18%	11.52	2.26	44.27%	-12.56%
WFC	214.0B	85.7B	3.37%	54.52%	11.18	2.5	41.49%	39.96%
C	117.6B	133.3B	-3.26%	33.46%	12.75	0.88	79.09%	-
CFG	16.1B	10.2B	-2.61%	28.89%	9.98	1.57	44.53%	-22.43%
KEY	13.9B	7.9B	-5.10%	51.39%	14.35	1.75	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	-5.36%	37.59%	9.9	1.62	34.68%	-45.96%
ZION	6.3B	3.9B	-2.65%	74.92%	9.31	1.6	45.91%	-25.03%
ABCB	3.4B	1.3B	1.24%	56.23%	12.49	2.62	43.24%	-22.35%
ASB	3.3B	1.8B	1.41%	32.74%	20.51	1.79	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	390.6M	164.9M	-7.99%	41.28%	33.4	2.37	42.66%	-70.76%
AROW	387.7M	162.6M	-4.83%	14.80%	12.89	2.38	25.39%	-38.37%
ACNB	284.2M	96.6M	-7.32%	15.29%	8.97	2.94	11.02%	-11.37%
ASRV	42.0M	60.9M	4.72%	-16.15%	-12.56	0.69	24.06%	-144.92%

First of Long Island Corp-The News

Latest updates

First of Long Island Corp-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.3%	41.00	40.00	38.00	36.00	35.00	35.00	33.00	31.00	31.00	30.00	31.00	31.00	30.00	32.00	34.00	35.00	35.00	36.00	36.00	37.00	36.00
EBITDA Margin	-13.3%	0.77*	0.89*	1.03*	1.19*	1.32*	1.36*	1.38*	1.36*	1.34*	1.34*	1.30*	1.26*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.9%	20.00	21.00	22.00	24.00	28.00	30.00	30.00	28.00	27.00	27.00	27.00	26.00	25.00	26.00	26.00	25.00	25.00	25.00	25.00	25.00	26.00
Income Taxes	-33.4%	1.00	1.00	1.00	1.00	2.00	3.00	3.00	3.00	2.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Earnings Before Taxes	-13.5%	7.00	8.00	8.00	7.00	12.00	15.00	16.00	15.00	11.00	14.00	15.00	14.00	13.00	13.00	13.00	11.00	11.00	13.00	13.00	13.00	12.00
EBT Margin	-18.9%	0.19*	0.23*	0.29*	0.36*	0.43*	0.44*	0.45*	0.44*	0.43*	0.45*	0.44*	0.41*	-	-	-	-	-	-	-	-	-
Net Income	-10.9%	6.00	7.00	7.00	6.00	10.00	12.00	12.00	12.00	9.00	11.00	11.00	11.00	11.00	11.00	11.00	9.00	9.00	11.00	11.00	11.00	10.00
Net Income Margin	-15.8%	0.17*	0.20*	0.25*	0.30*	0.35*	0.36*	0.36*	0.36*	0.35*	0.36*	0.35*	0.34*	-	-	-	-	-	-	-	-	-
Free Cashflow	13485.3%	18.00	0.00	4.00	7.00	10.00	15.00	13.00	9.00	7.00	13.00	12.00	11.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.4%	4,236	4,217	4,241	4,188	4,282	4,291	4,311	4,191	4,069	4,097	4,111	4,255	4,069	4,011	4,248	4,094	4,098	4,163	4,202	4,223	4,241
Cash Equivalents	8.3%	61.00	56.00	78.00	52.00	74.00	62.00	64.00	86.00	44.00	259	191	235	211	164	174	120	39.00	64.00	69.00	44.00	47.00
Net PPE	-1.7%	31.00	32.00	32.00	32.00	32.00	38.00	38.00	38.00	38.00	38.00	38.00	38.00	39.00	39.00	39.00	40.00	40.00	40.00	41.00	41.00	41.00
Liabilities	-0.1%	3,856	3,861	3,875	3,817	3,917	3,932	3,934	3,801	3,655	3,677	3,694	3,847	3,662	3,614	3,859	3,718	3,709	3,774	3,811	3,836	3,853
Short Term Borrowings	-	70.00	-	-	-	-	40.00	10.00	50.00	125	50.00	55.00	57.00	60.00	58.00	60.00	61.00	191	152	101	135	389
Long Term Debt	23.5%	473	383	383	383	411	265	279	186	186	226	226	226	246	273	440	452	337	360	360	366	362
Shareholder's Equity	6.9%	380	356	366	370	365	359	376	389	414	420	417	408	407	398	390	376	387	388	391	386	388
Retained Earnings	0.4%	356	355	353	350	349	343	336	328	320	316	309	302	296	290	283	277	274	269	263	257	250
Additional Paid-In Capital	-0.1%	80.00	80.00	79.00	79.00	78.00	81.00	85.00	89.00	93.00	101	103	104	106	107	106	105	112	117	127	132	145
Shares Outstanding	0.1%	23.00	23.00	23.00	23.00	22.00	23.00	23.00	23.00	24.00	24.00	24.00	24.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	254	-	-	-	382	-	-	-	484	-	-	-	373	-	-	-	474	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	3498.4%	17,776	494	5,673	8,219	11,019	15,630	14,048	10,727	12,003	14,336	12,669	11,773	19,188	10,774	7,546	8,527	13,118	13,063	12,836	10,970	15,961
Share Based Compensation	-170.0%	-261	373	638	499	737	613	600	516	206	514	525	390	363	315	859	251	986	396	373	1,295	288
Cashflow From Investing	5.6%	-1,963	-2,079	-33,861	73,544	25,442	-5,825	-143,583	-109,805	-192,675	77,256	100,831	-169,406	-11,445	226,785	-90,019	73,474	39,364	32,713	51,290	35,980	5,215
Cashflow From Financing	43.7%	-11,125	-19,754	53,958	-104,173	-24,493	-11,668	107,797	141,214	-34,719	-23,528	-157,072	181,025	39,587	-247,447	136,005	-761	-77,402	-51,104	-38,927	-50,291	-24,280
Dividend Payments	0.1%	4,740	4,737	-	9,441	4,755	4,568	-	9,268	4,722	4,502	-	9,037	4,535	4,292	-	8,594	4,359	4,188	-	8,702	4,323
Buy Backs	100.0%	-	-429	7.00	851	4,000	4,100	5,289	4,500	8,201	2,200	2,100	2,000	1,998	-	-	5,937	6,682	10,875	5,283	15,331	774

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FLIC Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest and dividend income:
Loans	$ 127,866	$ 116,352	$ 106,266
Investment securities:
Taxable	22,663	9,795	8,162
Nontaxable	4,954	8,063	8,531
Interest and Dividend Income, Operating	155,483	134,210	122,959
Interest expense:
Savings, NOW and money market deposits	32,164	7,180	4,414
Time deposits	19,267	5,296	5,712
Short-term borrowings	950	1,207	1,427
Long-term debt	16,237	4,814	4,599
Interest Expense	68,618	18,497	16,152
Net interest income	86,865	115,713	106,807
Provision (credit) for credit losses	(326)	2,331	(2,573)
Net interest income after provision (credit) for credit losses	87,191	113,382	109,380
Noninterest income:
Bank-owned life insurance	3,197	3,017	2,399
Service charges on deposit accounts	3,034	3,157	2,925
Net gain (loss) on sales of securities	(3,489)	0	1,104
Gain (loss) on disposition of premises and fixed assets	240	(553)	0
Other	3,354	6,242	6,146
Noninterest Income	6,336	11,863	12,574
Noninterest expense:
Salaries and employee benefits	37,373	41,096	39,753
Occupancy and equipment	13,140	13,407	15,338
Debt extinguishment	0	0	1,021
Other	13,546	12,523	12,535
Noninterest Expense	64,059	67,026	68,647
Income before income taxes	29,468	58,219	53,307
Income tax expense	3,229	11,287	10,218
Net income	$ 26,239	$ 46,932	$ 43,089
Weighted average:
Common shares (in shares)	22,550,562	22,868,658	23,655,635
Dilutive stock options and restricted stock units (in shares)	82,609	99,895	107,348
Weighted Average Number of Shares Outstanding, Diluted	22,633,171	22,968,553	23,762,983
Earnings per share:
Basic (in dollars per share)	$ 1.16	$ 2.05	$ 1.82
Diluted (in dollars per share)	1.16	2.04	1.81
Cash dividends declared per share (in dollars per share)	$ 0.84	$ 0.82	$ 0.78

FLIC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and cash equivalents	$ 60,887	$ 74,178
Investment securities available-for-sale, at fair value	695,877	673,413
Loans:
Loans Receivable	3,248,064	3,311,733
Allowance for credit losses	(28,992)	(31,432)
Financing Receivable, after Allowance for Credit Loss	3,219,072	3,280,301
Restricted stock, at cost	32,659	26,363
Bank premises and equipment, net	31,414	31,660
Right-of-use asset - operating leases	22,588	23,952
Bank-owned life insurance	114,045	110,848
Pension plan assets, net	10,740	11,049
Deferred income tax benefit	28,996	31,124
Other assets	19,622	18,623
Assets	4,235,900	4,281,511
Deposits:
Checking	1,133,184	1,324,141
Savings, NOW and money market	1,546,369	1,661,512
Time	591,433	478,981
Deposits	3,270,986	3,464,634
Short-term borrowings	70,000	0
Long-term debt	472,500	411,000
Operating lease liability	24,940	25,896
Accrued expenses and other liabilities	17,328	15,445
Liabilities	3,855,754	3,916,975
Commitments and Contingent Liabilities (Note L)
Stockholders' Equity:
Common stock, par value $0.10 per share: Authorized, 80,000,000 shares; Issued and outstanding, 22,590,942 and 22,443,380 shares	2,259	2,244
Surplus	79,728	78,462
Retained earnings	355,887	348,597
Stockholders Equity Before Accumulated Other Comprehensive Income Net Of Taxes	437,874	429,303
Accumulated other comprehensive loss, net of tax	(57,728)	(64,767)
Equity, Attributable to Parent	380,146	364,536
Liabilities and Equity	4,235,900	4,281,511
Commercial and Industrial Including SBA Payroll Protection Program [Member]
Loans:
Loans Receivable	116,163	108,493
Commercial Real Estate Portfolio Segment [Member]
Loans:
Loans Receivable	1,919,714	1,916,493
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans:
Loans Receivable	1,166,887	1,240,144
Allowance for credit losses	(8,838)	(10,633)
Residential Portfolio Segment [Member] \| Revolving Home Equity Line [Member]
Loans:
Loans Receivable	44,070	45,213
Allowance for credit losses	(339)	(362)
Consumer And Other Portfolio Segment [Member]
Loans:
Loans Receivable	1,230	1,390
Allowance for credit losses	$ (14)	$ (15)

About First of Long Island Corp-The

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. It also provides commercial and residential mortgage, commercial and industrial, small business credit scored, Small Business Administration, construction and land development, consumer, and home equity lines/loans, as well as standby letters of credit; debit or credit cards; and overdraft facilities. In addition, the company offers life insurance, investment management, trust, estate and custody, retail investment, bill payment, lockbox, ACH, safe deposit box rental, wire transfer, money order, checkbook printing, check, ATM, and online and mobile banking services. The First of Long Island Corporation was founded in 1927 and is headquartered in Melville, New York.

CEO	Mr. Christopher D. Becker
WEBSITE	fnbli.com
INDUSTRY	Banks Diversified
EMPLOYEES	303

First of Long Island Corp-The Frequently Asked Questions

What is the ticker symbol for First of Long Island Corp-The? What does FLIC stand for in stocks?

FLIC is the stock ticker symbol of First of Long Island Corp-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First of Long Island Corp-The (FLIC)?

As of Wed May 01 2024, market cap of First of Long Island Corp-The is 222.16 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FLIC stock?

You can check FLIC's fair value in chart for subscribers.

What is the fair value of FLIC stock?

You can check FLIC's fair value in chart for subscribers. The fair value of First of Long Island Corp-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First of Long Island Corp-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FLIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First of Long Island Corp-The a good stock to buy?

The fair value guage provides a quick view whether FLIC is over valued or under valued. Whether First of Long Island Corp-The is cheap or expensive depends on the assumptions which impact First of Long Island Corp-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FLIC.

What is First of Long Island Corp-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 01 2024, FLIC's PE ratio (Price to Earnings) is 8.47 and Price to Sales (PS) ratio is 1.43. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FLIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First of Long Island Corp-The's stock?

In the past 10 years, First of Long Island Corp-The has provided -0.062 (multiply by 100 for percentage) rate of return.