Welcome to our dedicated page for First Long Is news (Ticker: FLIC), a resource for investors and traders seeking the latest updates and insights on First Long Is stock.
First Long Is Corp (FLIC) provides essential financial services through its community banking subsidiary, serving businesses and consumers across New York. This news hub offers investors and stakeholders direct access to official corporate communications and market-moving developments.
Track FLIC's financial trajectory through timely updates, strategic initiatives, and regulatory filings. Our curated collection includes earnings releases, leadership announcements, product launches, and operational milestones - all sourced from verified company disclosures.
Key updates cover loan portfolio performance, digital banking enhancements, and community development programs. Users will find detailed reports on interest margin trends, deposit growth metrics, and investment management service expansions that shape FLIC's market position.
Bookmark this page for unfiltered access to First Long Is Corp's financial narrative. Check regularly for updates on regulatory compliance achievements, branch network optimizations, and customer service innovations that define this established community banking institution.
The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on April 28, 2023, at 2:00 PM Eastern Time to discuss its first-quarter results. Financial results will be disclosed after market hours on April 27, 2023.
Interested participants can listen by calling 1-800-450-7155 (international: +1 857-999-9155) with conference ID 7416347#. Registration is required by April 25, 2023 on their website. An audio recording of the call will be accessible online for review shortly after.
The First of Long Island Corporation (Nasdaq: FLIC) has announced a first quarter cash dividend of $.21 per share, marking a 5.0% increase from last year's $.20 per share. This dividend will be disbursed on March 24, 2023, to shareholders on record as of March 16, 2023. The corporation serves as the parent company of The First National Bank of Long Island, focusing on meeting the needs of businesses and consumers in Long Island and New York City through a wide range of banking and financial services. The bank is recognized for its commitment to customer service and community engagement.
The First of Long Island Corporation (Nasdaq: FLIC) reported a net income of $46.9 million and earnings per share (EPS) of $2.04 for the year ended December 31, 2022, reflecting an 8.9% increase in net income compared to 2021. The fourth quarter net income was $9.9 million, with an EPS of $0.44, up from $9.0 million and $0.38 in 2021. Key growth drivers included an $8.9 million increase in net interest income and a 7.2% rise in average checking deposits. However, the provision for credit losses rose by $4.9 million, and net interest margin decreased to 2.74% in Q4. The company repurchased 217,392 shares for $4 million during the quarter, signaling confidence in its financial health.
The First of Long Island Corporation (Nasdaq: FLIC) will conduct its earnings conference call on January 27, 2023, at 2:00 PM ET to discuss fourth-quarter results. The financial figures will be released before the market opens on January 26, 2023. Interested participants can join the call by dialing 1 800-450-7155 (or +1 857-999-9155 for international callers) and using conference ID 7957280#. Registration is required by January 24, 2023, for those wanting to ask questions during the call.