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Complete financial analysis of The First of Long Island Corporation (FLIC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The First of Long Island Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
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The First of Long Island Corporation (FLIC)
About The First of Long Island Corporation
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 of credit/loans, as well as commercial and standby letters of credit; debit or credit cards; and overdraft facilities. In addition, the company offers life insurance, 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, as well as investment securities, management, and advisory services. It operates 40 branches, including 17 branches in Nassau, 15 in Suffolk, 5 in Queens, 2 in Brooklyn, and 1 in Manhattan. The company was founded in 1927 and is headquartered in Glen Head, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 93.53M | 128.13M | 119.38M | 116.11M | 110.78M | 104.79M | 103.39M | 95.50M | 84.36M | 74.33M | 69.53M | 70.29M | 65.17M | 63.56M | 55.71M | 49.22M | 42.34M | 41.35M | 41.08M | 40.40M | 39.09M | 37.31M | 33.49M | 30.24M | 29.50M | 27.60M | 25.50M | 24.00M | 22.80M | 21.80M | 20.70M | 19.70M | 17.80M | 16.80M | 15.30M |
| Cost of Revenue | 1.07M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 92.46M | 128.13M | 119.38M | 116.11M | 110.78M | 104.79M | 103.39M | 95.50M | 84.36M | 74.33M | 69.53M | 70.29M | 65.17M | 63.56M | 55.71M | 49.22M | 42.34M | 41.35M | 41.08M | 40.40M | 39.09M | 37.31M | 33.49M | 30.24M | 29.50M | 27.60M | 25.50M | 24.00M | 22.80M | 21.80M | 20.70M | 19.70M | 17.80M | 16.80M | 15.30M |
| Gross Profit Ratio | 98.86% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 37.37M | 41.10M | 39.75M | 37.29M | 37.11M | 36.47M | 31.31M | 29.01M | 26.70M | 23.72M | 22.68M | 21.40M | 20.85M | 20.76M | 20.70M | 18.64M | 17.63M | 17.25M | 16.44M | 15.51M | 14.98M | 14.19M | 12.59M | 11.35M | 10.40M | 10.10M | 9.40M | 8.60M | 8.30M | 7.60M | 7.20M | 6.80M | 6.20M | 5.70M | 5.40M |
| Selling & Marketing | 13.14M | 0.00 | 0.00 | 0.00 | 0.00 | 1.41M | 1.44M | 1.05M | 877.00K | 927.00K | 670.00K | 615.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 50.51M | 41.10M | 39.75M | 37.29M | 37.11M | 36.47M | 31.31M | 29.01M | 26.70M | 23.72M | 22.68M | 21.40M | 20.85M | 20.76M | 20.70M | 18.64M | 17.63M | 17.25M | 16.44M | 15.51M | 14.98M | 14.19M | 12.59M | 11.35M | 10.40M | 10.10M | 9.40M | 8.60M | 8.30M | 7.60M | 7.20M | 6.80M | 6.20M | 5.70M | 5.40M |
| Other Expenses | 0.00 | -92.51M | -105.83M | -103.88M | -98.11M | -58.89M | -67.97M | -66.57M | -61.18M | -53.89M | -52.81M | -50.15M | -44.05M | -43.79M | -41.49M | -33.53M | -29.32M | -31.64M | -34.75M | -36.30M | -35.03M | -30.67M | -23.00M | -15.74M | -16.40M | -15.50M | -14.40M | -13.60M | -12.80M | -14.20M | -13.10M | -11.30M | -6.10M | -2.40M | -2.10M |
| Operating Expenses | 50.51M | -51.41M | -66.07M | -66.59M | -61.00M | -22.42M | -36.67M | -37.57M | -34.48M | -30.17M | -30.13M | -28.75M | -23.20M | -23.03M | -20.79M | -14.89M | -11.69M | -14.39M | -18.31M | -20.79M | -20.05M | -16.48M | -10.42M | -4.39M | -6.00M | -5.40M | -5.00M | -5.00M | -4.50M | -6.60M | -5.90M | -4.50M | 100.00K | 3.30M | 3.30M |
| Cost & Expenses | 50.51M | -51.41M | -66.07M | -66.59M | -61.00M | -22.42M | -36.67M | -37.57M | -34.48M | -30.17M | -30.13M | -28.75M | -23.20M | -23.03M | -20.79M | -14.89M | -11.69M | -14.39M | -18.31M | -20.79M | -20.05M | -16.48M | -10.42M | -4.39M | -6.00M | -5.40M | -5.00M | -5.00M | -4.50M | -6.60M | -5.90M | -4.50M | 100.00K | 3.30M | 3.30M |
| Interest Income | 155.48M | 134.21M | 122.96M | 131.22M | 143.85M | 138.24M | 118.27M | 104.12M | 92.14M | 81.98M | 74.85M | 76.23M | 76.31M | 55.60M | 66.27M | 59.69M | 53.02M | 49.00M | 42.69M | 38.41M | 36.97M | 36.93M | 37.99M | 38.82M | 34.00M | 32.70M | 30.40M | 28.60M | 28.00M | 24.90M | 24.00M | 25.10M | 27.80M | 28.30M | 26.20M |
| Interest Expense | 68.62M | 18.50M | 16.15M | 29.19M | 43.68M | 35.73M | 21.71M | 18.00M | 16.53M | 15.05M | 12.36M | 16.13M | 17.57M | 16.77M | 18.33M | 16.74M | 16.27M | 12.95M | 7.43M | 3.67M | 3.88M | 5.11M | 9.45M | 13.11M | 9.50M | 9.90M | 9.20M | 8.50M | 8.90M | 6.20M | 5.90M | 7.90M | 12.20M | 13.50M | 12.80M |
| Depreciation & Amortization | 5.75M | 6.31M | 8.68M | 6.37M | 6.22M | 4.07M | 3.60M | 3.22M | 3.01M | 2.86M | 2.82M | 2.82M | 2.67M | 2.49M | 2.15M | 1.83M | 1.89M | 1.67M | 2.60M | 3.65M | 5.76M | 4.08M | 1.34M | 675.00K | 1.70M | 600.00K | -300.00K | -800.00K | -1.10M | -400.00K | 1.20M | 1.80M | 600.00K | 600.00K | 600.00K |
| EBITDA | 35.22M | 64.53M | 61.99M | 55.90M | 56.00M | 50.70M | 48.62M | 43.15M | 36.37M | 36.26M | 33.08M | 31.14M | 30.03M | 28.82M | 18.96M | 20.17M | 16.27M | 15.68M | 17.94M | 19.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 37.66% | 64.80% | 51.92% | 48.14% | 50.55% | 82.49% | 68.02% | 64.03% | 62.70% | 63.25% | 60.72% | 63.10% | 68.49% | 67.69% | 66.54% | 73.47% | 76.86% | 69.24% | 61.75% | 57.58% | 63.44% | 66.77% | 72.90% | 87.73% | 85.42% | 82.61% | 79.22% | 75.83% | 75.44% | 67.89% | 77.29% | 86.29% | 103.93% | 123.21% | 125.49% |
| Operating Income | 43.01M | 76.72M | 53.31M | 49.53M | 49.78M | 82.37M | 66.72M | 57.93M | 49.89M | 44.16M | 39.40M | 41.54M | 41.97M | 40.54M | 34.92M | 34.33M | 30.65M | 26.96M | 22.77M | 19.61M | 19.03M | 20.83M | 23.07M | 25.86M | 23.50M | 22.20M | 20.50M | 19.00M | 18.30M | 15.20M | 14.80M | 15.20M | 17.90M | 20.10M | 18.60M |
| Operating Income Ratio | 45.99% | 59.87% | 44.65% | 42.65% | 44.94% | 78.60% | 64.54% | 60.66% | 59.13% | 59.41% | 56.66% | 59.09% | 64.40% | 63.78% | 62.68% | 69.75% | 72.39% | 65.20% | 55.42% | 48.54% | 48.70% | 55.83% | 68.90% | 85.50% | 79.66% | 80.43% | 80.39% | 79.17% | 80.26% | 69.72% | 71.50% | 77.16% | 100.56% | 119.64% | 121.57% |
| Total Other Income/Expenses | -13.55M | -12.52M | -16.66M | -14.07M | -14.55M | -9.78M | -10.52M | -13.82M | -10.32M | -8.51M | -8.48M | -6.73M | -5.63M | -5.06M | 0.00 | 0.00 | 0.00 | 0.00 | -575.00K | -3.65M | -3.88M | -5.11M | -9.45M | -13.11M | -10.40M | -9.90M | -9.20M | -8.50M | -8.90M | -6.20M | -6.60M | -7.90M | -12.20M | -13.50M | -12.80M |
| Income Before Tax | 29.47M | 58.22M | 53.31M | 49.53M | 49.78M | 46.64M | 45.01M | 39.93M | 33.36M | 29.11M | 27.04M | 25.41M | 24.40M | 23.76M | 16.58M | 17.59M | 14.38M | 14.01M | 15.34M | 15.94M | 15.16M | 15.72M | 13.62M | 12.75M | 13.10M | 12.30M | 11.30M | 10.50M | 9.40M | 9.00M | 8.20M | 7.30M | 5.70M | 6.60M | 5.80M |
| Income Before Tax Ratio | 31.51% | 45.44% | 44.65% | 42.65% | 44.94% | 44.50% | 43.54% | 41.81% | 39.54% | 39.16% | 38.88% | 36.15% | 37.44% | 37.39% | 29.77% | 35.73% | 33.96% | 33.89% | 37.35% | 39.47% | 38.77% | 42.13% | 40.67% | 42.16% | 44.41% | 44.57% | 44.31% | 43.75% | 41.23% | 41.28% | 39.61% | 37.06% | 32.02% | 39.29% | 37.91% |
| Income Tax Expense | 3.23M | 11.29M | 10.22M | 8.32M | 8.23M | 5.06M | 9.89M | 9.05M | 7.47M | 6.10M | 5.74M | 5.02M | 4.94M | 5.37M | 3.12M | 4.63M | 2.90M | 2.79M | 3.07M | 3.86M | 3.79M | 4.16M | 3.53M | 3.43M | 4.10M | 3.90M | 3.70M | 3.60M | 3.20M | 3.00M | 2.70M | 2.30M | 1.50M | 2.00M | 1.40M |
| Net Income | 26.24M | 46.93M | 43.09M | 41.20M | 41.56M | 41.57M | 35.12M | 30.88M | 25.89M | 23.01M | 21.30M | 20.39M | 19.46M | 18.39M | 13.46M | 12.96M | 11.48M | 11.23M | 12.28M | 12.08M | 11.37M | 11.56M | 10.09M | 9.32M | 9.90M | 8.40M | 7.60M | 6.90M | 6.20M | 6.00M | 6.20M | 5.00M | 4.20M | 4.60M | 4.40M |
| Net Income Ratio | 28.06% | 36.63% | 36.09% | 35.48% | 37.51% | 39.67% | 33.97% | 32.34% | 30.69% | 30.96% | 30.63% | 29.01% | 29.86% | 28.94% | 24.17% | 26.33% | 27.12% | 27.15% | 29.88% | 29.91% | 29.08% | 31.00% | 30.14% | 30.81% | 33.56% | 30.43% | 29.80% | 28.75% | 27.19% | 27.52% | 29.95% | 25.38% | 23.60% | 27.38% | 28.76% |
| EPS | 1.16 | 2.05 | 1.82 | 1.73 | 1.68 | 1.64 | 1.44 | 1.35 | 1.23 | 1.11 | 1.04 | 1.02 | 0.99 | 1.04 | 0.83 | 0.80 | 0.68 | 0.65 | 0.70 | 0.66 | 0.62 | 0.62 | 0.53 | 0.47 | 0.29 | 0.26 | 0.24 | 0.21 | 0.19 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 |
| EPS Diluted | 1.16 | 2.04 | 1.81 | 1.72 | 1.67 | 1.63 | 1.43 | 1.34 | 1.22 | 1.10 | 1.03 | 1.01 | 0.98 | 1.02 | 0.82 | 0.79 | 0.67 | 0.64 | 0.69 | 0.64 | 0.60 | 0.61 | 0.52 | 0.47 | 0.29 | 0.26 | 0.23 | 0.21 | 0.19 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 |
| Weighted Avg Shares Out | 22.55M | 22.87M | 23.66M | 23.86M | 24.66M | 25.29M | 24.22M | 22.75M | 20.99M | 20.67M | 20.48M | 20.04M | 19.71M | 17.76M | 16.21M | 16.26M | 17.00M | 17.40M | 17.85M | 18.77M | 18.39M | 18.81M | 19.20M | 19.73M | 20.00M | 20.90M | 21.02M | 21.15M | 21.20M | 21.23M | 21.33M | 21.35M | 21.45M | 21.88M | 21.66M |
| Weighted Avg Shares Out (Dil) | 22.63M | 22.97M | 23.76M | 23.91M | 24.85M | 25.46M | 24.48M | 23.02M | 21.26M | 20.93M | 20.64M | 20.25M | 19.92M | 17.99M | 16.45M | 16.41M | 17.16M | 17.42M | 17.85M | 18.77M | 18.78M | 19.09M | 19.46M | 19.99M | 20.00M | 20.90M | 21.02M | 21.15M | 21.20M | 21.23M | 21.33M | 21.35M | 21.45M | 21.88M | 21.66M |
The First of Long Island (FLIC) Surges 6.5%: Is This an Indication of Further Gains?
The First of Long Island (FLIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
The First of Long Island Corporation Announces Second Quarter Earnings Conference Call
MELVILLE, N.Y., July 10, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on July 26, 2024 at 2:00 pm Eastern time to discuss second quarter results. Financial results will be...
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The First of Long Island Corporation (NASDAQ:FLIC ) Q1 2024 Earnings Call Transcript April 26, 2024 2:00 PM ET Company Participants Chris Becker - President and Chief Executive Officer Janet Verneuille - Senior Executive Vice President and Chief Financial Officer...
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The First of Long Island Corporation Reports Earnings for the First Quarter of 2024
MELVILLE, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC, the “Company” or the “Corporation”), the parent of The First National Bank of Long Island (the “Bank”), reported net income and earnings per share...
The First of Long Island Corporation Announces First Quarter Earnings Conference Call
Melville, NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) will host an earnings conference call on April 26, 2024 at 2:00 pm Eastern time to discuss first quarter results. Financial results will...
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