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First of Long Island

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, USMap
Websitefnbli.com
View Jobs (12)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)344(+4%)
Job Openings12
Revenue (FY, 2018)$2.1 M(-69%)
Share Price (Dec 2019)$24 (-1%)

Key People/Management at First of Long Island

Paul J. Daley

Paul J. Daley

Senior Vice President and Chief Compliance Officer - Compliance Department

First of Long Island Office Locations

First of Long Island has an office in Glen Head
Glen Head, US (HQ)
10 Glen Head Rd
Show all (1)

First of Long Island Financials and Metrics

First of Long Island Revenue

First of Long Island's revenue was reported to be $2.09 m in FY, 2018
USD

Revenue (Q3, 2019)

2.7m

Net income (Q3, 2019)

10.8m

Market capitalization (2-Dec-2019)

579.4m

Closing stock price (2-Dec-2019)

24.0

Cash (30-Sept-2019)

63.9m

EV

1.0b
First of Long Island's current market capitalization is $579.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

10%12%

Operating expense total

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

Interest expense

17.6m16.1m12.4m15.0m16.5m18.0m21.7m35.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.6m1.6m1.7m5.2m1.7m1.7m1.7m1.8m1.8m1.8m2.0m2.0m3.1m1.8m1.8m3.7m2.0m2.1m2.3m2.2m3.3m2.7m(2.2m)493.0k2.7m2.7m

Operating expense total

2.1m1.9m2.0m2.3m2.2m2.2m2.3m2.2m2.3m2.4m2.2m2.3m2.5m2.6m2.8m3.7m2.5m2.8m2.9m2.6m2.8m3.1m2.7m2.9m3.2m2.9m

Interest expense

4.3m4.6m4.5m4.3m3.9m2.9m2.9m3.1m3.6m3.7m3.8m4.3m4.2m4.0m4.4m4.4m4.5m4.8m5.2m5.6m7.1m9.1m9.6m11.1m11.2m11.0m

Pre tax profit

5.8m6.8m6.4m6.8m5.9m7.3m6.7m6.5m7.8m7.1m7.9m8.2m8.6m8.3m9.8m10.0m10.6m12.0m11.7m12.7m12.1m12.1m10.6m13.2m12.8m13.0m
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

29.5m42.2m35.5m32.9m39.6m36.9m69.7m47.4m

Accounts Receivable

969.3m1.1b1.5b1.8b2.2b37.3m2.9b3.2b

Inventories

PP&E

21.8m24.6m24.5m27.9m30.3m39.6m41.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

64.5m28.2m35.4m40.5m40.2m27.0m38.7m47.0m47.7m45.8m31.3m41.1m46.6m33.4m42.3m51.0m48.9m48.2m56.7m39.9m69.9m67.2m50.5m44.0m69.2m63.9m

Accounts Receivable

931.3m950.1m999.5m1.1b1.1b1.1b1.3b1.4b1.5b1.5b1.6b1.9b1.9b2.1b2.3b2.3b2.4b2.6b2.7b2.8b3.1b3.2b3.2b3.2b3.2b3.2b

PP&E

21.6m21.8m23.2m23.1m23.7m24.6m24.7m24.6m25.3m26.1m27.4m28.3m29.0m29.4m31.0m31.5m32.0m34.7m35.7m37.0m40.0m40.1m39.8m41.1m40.8m40.4m

Total Assets

1.9b1.9b2.1b2.0b2.1b2.1b2.2b2.4b2.4b2.5b2.6b2.8b2.8b3.0b3.2b3.4b3.4b3.6b3.7b3.7b4.2b4.3b4.2b4.2b4.2b4.2b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

19.5m20.4m21.3m23.0m25.9m30.9m35.1m41.6m

Depreciation and Amortization

2.7m2.8m2.8m2.9m3.0m3.2m3.6m4.1m

Cash From Operating Activities

29.6m35.0m39.7m35.6m35.3m35.6m47.2m59.4m

Purchases of PP&E

(3.6m)(5.6m)(3.0m)(6.2m)(5.5m)(7.2m)(8.9m)(5.7m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

9.4m14.7m5.2m10.6m15.3m5.6m10.9m16.1m6.0m11.5m17.6m6.5m12.8m19.3m7.4m15.1m23.1m9.1m18.2m27.6m11.1m21.4m31.5m10.8m21.6m32.4m

Depreciation and Amortization

1.4m2.0m735.0k1.4m2.1m711.0k1.4m2.1m746.0k1.4m2.1m791.0k1.5m2.3m848.0k1.6m2.4m824.0k1.7m2.6m917.0k2.0m3.0m987.0k2.0m3.0m

Cash From Operating Activities

14.4m24.4m10.2m20.6m32.0m9.9m20.9m31.9m8.2m16.3m28.0m8.4m16.9m27.5m5.6m14.6m27.5m12.7m22.6m35.5m12.7m29.0m43.4m11.0m23.8m36.9m

Purchases of PP&E

(2.1m)(2.9m)(2.2m)(2.7m)(4.0m)(770.0k)(1.5m)(2.4m)(1.6m)(3.1m)(5.1m)(1.3m)(2.7m)(3.8m)(1.5m)(2.8m)(4.1m)(1.1m)(3.0m)(5.2m)(1.3m)(2.5m)(3.2m)(801.0k)(1.6m)(2.1m)
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USDY, 2019

EV/CFO

27.9 x

Debt/Equity

1.3 x

Debt/Assets

0.1 x

Financial Leverage

10.7 x
Show all financial metrics

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
Show all operating metrics

First of Long Island Online and Social Media Presence

First of Long Island's Trends

Embed Graph

First of Long Island News and Updates

October 30, 2019

The First of Long Island Corporation Reports Increases in Earnings for the Three and Nine Months Ended September 30, 2019

GLEN HEAD, N.Y., Oct. 30, 2019 (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, 2019.  In the highlights t…
July 29, 2019

The First of Long Island Corporation Reports Increases in Earnings for the Three and Six Months Ended June 30, 2019

GLEN HEAD, N.Y., July 29, 2019 (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, 2019.  In the highlights that fo…
July 01, 2019

The First of Long Island Corporation Announces Second Quarter Cash Dividend of $.17 Per Share

GLEN HEAD, N.Y., July 01, 2019 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.17 per share.  This represents a 13.3% increase over the $.15 per share dividend declared in the same quarter …
May 20, 2019

The First of Long Island Corporation Announces a New Chief Risk Officer

GLEN HEAD, N.Y., May 20, 2019 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (the “Corporation”) (Nasdaq: FLIC), the parent company of The First National Bank of Long Island (the “Bank”), announces the hiring of Janet T. Verneuille as Executive Vice President and Chief Risk Officer of th…
April 30, 2019

The First of Long Island Corporation Reports Earnings for the First Quarter of 2019

GLEN HEAD, N.Y., April 30, 2019 (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 months ended March 31, 2019.  In the highlights that follow, all compariso…
March 19, 2019

The First of Long Island Corporation Announces CEO Succession

GLEN HEAD, N.Y., March 19, 2019 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ: FLIC) announced today that its Board of Directors selected Christopher Becker to succeed Michael Vittorio as President and Chief Executive Officer of The First of Long Island Corporation and The First…
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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 Paul J. Daley.

  • 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 $6.1 k.

  • Who are First of Long Island competitors?

    Competitors of First of Long Island include Nimble, Holvi and Borro.

  • 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.