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First Of Long Island Corp. - FLIC STOCK NEWS

Welcome to our dedicated news page for First Of Long Island (Ticker: FLIC), a resource for investors and traders seeking the latest updates and insights on First Of Long Island.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Of Long Island's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Of Long Island's position in the market.

Rhea-AI Summary
The First of Long Island (FLIC) will host an earnings conference call on April 26, 2024, to discuss first-quarter results. Financial results will be released on April 25, 2024. Investors can listen to the call over the telephone and access the audio recording on the company's website. FLIC is the parent company of The First National Bank of Long Island, focusing on business and consumer needs in Long Island and New York City.
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End-of-Day
-0.38%
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Rhea-AI Summary
The First of Long Island Corporation (FLIC) declared a first quarter cash dividend of $.21 per share, payable on March 21, 2024. FLIC, the parent company of The First National Bank of Long Island, focuses on business and consumer needs in Long Island and NYC, offering a range of financial services.
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End-of-Day
0.27%
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dividends
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Rhea-AI Summary
The First of Long Island Corporation (FLIC) reported a decline in net income and earnings per share for the quarter and year ended December 31, 2023. The net interest margin decreased, impacting financial ratios. The decline in net interest income was driven by an increase in interest expense and a decrease in noninterest income. The company's return on average assets, return on average equity, net interest margin, and efficiency ratio all declined. Additionally, the Bank's liquidity decreased, while the capital position remained strong. Management is optimistic about the future, expecting improvements in the net interest margin and pursuing ways to reduce noninterest expenses.
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0.62%
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Rhea-AI Summary
The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on January 26, 2024, at 2:00 pm Eastern time to discuss fourth-quarter results. Financial results will be released after the market closes on January 25, 2024. Investors and analysts interested in listening and asking questions must register at webpage https://www.cstproxy.com/fnbli/earnings/2023/q4/ by January 23, 2024. The First of Long Island Corporation is the parent company of The First National Bank of Long Island, focusing on business and consumer needs on Long Island and in New York City.
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End-of-Day
-2.43%
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Rhea-AI Summary
The First of Long Island Corporation (Nasdaq: FLIC) has declared a fourth quarter cash dividend of $.21 per share, to be paid on January 11, 2024. As the parent company of The First National Bank of Long Island, it focuses on business and consumer needs in Long Island and New York City, offering a range of financial products and exceptional customer service.
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End-of-Day
-1.29%
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Rhea-AI Summary
The First of Long Island Corporation (FLIC) reported earnings for Q3 2023, with net income of $6.8 million, a decrease of $99,000 compared to Q2 2023. Net interest income declined by $409,000 or 1.9% due to the current rate environment. Noninterest income declined by $438,000. The Company announced a change in executive leadership, with Janet T. Verneuille becoming the new CFO.
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0.66%
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The First of Long Island Corporation will host an earnings conference call on October 27, 2023, to discuss third-quarter results.
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Rhea-AI Sentiment
End-of-Day
0.27%
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Rhea-AI Summary
The First of Long Island Corporation (FLIC) declared a third quarter cash dividend of $.21 per share, to be paid on October 19, 2023. FLIC is the parent company of The First National Bank of Long Island, which focuses on business and consumer needs in Long Island and New York City.
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Rhea-AI Summary
The First of Long Island Corporation reported earnings for the six months ended June 30, 2023. Net income decreased by $11.2 million compared to the same period last year, primarily due to a decline in net interest income and a loss on sale of securities. The Bank's net interest margin also decreased. The provision for credit losses decreased by $2.2 million. Noninterest income declined, while noninterest expense increased slightly. Liquidity remained strong, and the Bank continues to focus on commercial, relationship-based business.
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Rhea-AI Sentiment
End-of-Day
3.19%
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Rhea-AI Sentiment
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2.41%
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First Of Long Island Corp.

Nasdaq:FLIC

FLIC Rankings

FLIC Stock Data

228.45M
21.28M
5.81%
49.76%
0.67%
Commercial Banking
Finance and Insurance
Link
US
Glen Head

About FLIC

the first national bank of long island, the bank "where everyone knows your name", organized in 1927, is the largest community bank headquartered on long island. fnbli is a full service commercial bank which provides a broad range of financial services to individual, professional, corporate, institutional and government customers through its branch network on long island and in manhattan. the hallmark of our success is our commitment to the delivery of exceptional personalized service while meeting the commercial and personal banking needs of privately owned businesses, professionals and service conscious consumers .