OverviewSuggest Edit

First of Long Island is a one-bank holding company, which provides financial services through its subsidiary, The First National Bank of Long Island.  The Bank's services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.

TypePublic
Founded1927
HQGlen Head, NY, US
Websitefnbli.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2018)344(+4%)
Revenue (FY, 2019)$2.1 M
Share Price (Jan 2021)$18.6 (+2%)
Cybersecurity ratingAMore

Key People/Management at First of Long Island

Alexander L. Cover

Alexander L. Cover

Director
Paul T. Canarick

Paul T. Canarick

Director
Jay P. McConie

Jay P. McConie

Executive Vice President, Chief Financial Officer and Cashier
Milbrey Rennie Taylor

Milbrey Rennie Taylor

Director
Walter C. Teagle

Walter C. Teagle

Director
Denise Strain

Denise Strain

Director
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First of Long Island Office Locations

First of Long Island has an office in Glen Head
Glen Head, NY, US (HQ)
10 Glen Head Rd
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First of Long Island Financials and Metrics

First of Long Island Revenue

First of Long Island's revenue was reported to be $2.08 m in FY, 2019
USD

Revenue (Q3, 2020)

5.4m

Net income (Q3, 2020)

10.8m

Market capitalization (14-Jan-2021)

444.1m

Closing stock price (14-Jan-2021)

18.6

Cash (30-Sept-2020)

163.9m

EV

624.1m
First of Long Island's current market capitalization is $444.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

6.4m10.2m7.0m7.4m8.8m9.4m6.8m2.1m2.1m

Revenue growth, %

10%12%

Operating expense total

8.7m8.8m9.2m9.4m10.1m12.1m12.0m11.8m11.9m

Interest expense

17.6m16.1m12.4m15.0m16.5m18.0m21.7m35.7m43.7m
USDQ2, 2011

Financial Leverage

10.6 x
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First of Long Island Operating Metrics

First of Long Island's Total Loans was reported to be $2.8b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

40 31 34

Non-accrual Loans

$1.70 m$1.59 m$3.40 m$3.23 m$1.44 m$1.31 m$5.08 m$1.42 m$2.56 m$2.09 m$8.98 m

Total Loans

$1.80 b$1.88 b$1.97 b$2.10 b$2.25 b$2.31 b$2.35 b$2.44 b$2.55 b$2.68 b$2.77 b
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First of Long Island Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

First of Long Island Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

First of Long Island Online and Social Media Presence

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First of Long Island News and Updates

The First of Long Island Corporation Adds Susanne Pheffer as Executive Vice President and Chief Information Officer

GLEN HEAD, N.Y., Dec. 01, 2020 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ: FLIC) announced today that on November 30, 2020, Susanne Pheffer joined the Company’s banking subsidiary, The First National Bank of Long Island, as Executive Vice President and Chief Information Offic…

The First of Long Island Corporation Names Mike Spolarich as Executive Vice President and Chief Credit Officer

GLEN HEAD, N.Y., Oct. 30, 2020 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ: FLIC) announced today that Michael J. Spolarich has been promoted to Executive Vice President and Chief Credit Officer of its banking subsidiary, The First National Bank of Long Island, effective Decem…

The First of Long Island Corporation Announces 5.6% Increase in Quarterly Cash Dividend to $.19 per Share

GLEN HEAD, N.Y., Sept. 25, 2020 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a third 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…

The First of Long Island Corporation Reports Earnings for the Second Quarter of 2020

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 com…

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

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 quarte…

The First of Long Island Corporation Reports Earnings for the Quarter and Year Ended December 31, 2019

GLEN HEAD, N.Y., Jan. 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 quarter and year ended December 31, 2019.  In the highlights that follow, all com…
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First of Long Island Frequently Asked Questions

  • When was First of Long Island founded?

    First of Long Island was founded in 1927.

  • Who are First of Long Island key executives?

    First of Long Island's key executives are Alexander L. Cover, Paul T. Canarick and Jay P. McConie.

  • How many employees does First of Long Island have?

    First of Long Island has 344 employees.

  • What is First of Long Island revenue?

    Latest First of Long Island annual revenue is $2.1 m.

  • What is First of Long Island revenue per employee?

    Latest First of Long Island revenue per employee is $6 k.

  • Who are First of Long Island competitors?

    Competitors of First of Long Island include Buzz Points, United Community Financial and NextCapital.

  • Where is First of Long Island headquarters?

    First of Long Island headquarters is located at 10 Glen Head Rd, Glen Head.

  • Where are First of Long Island offices?

    First of Long Island has an office in Glen Head.

  • How many offices does First of Long Island have?

    First of Long Island has 1 office.