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FLIC
Upturn stock ratingUpturn stock rating

First of Long Island Corp (FLIC)

Upturn stock ratingUpturn stock rating
$11.96
Delayed price
Profit since last BUY-5.75%
upturn advisory
WEAK BUY
BUY since 11 days
  • BUY Advisory
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

05/27/2025: FLIC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 19.97%
Avg. Invested days 48
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 05/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 267.39M USD
Price to earnings Ratio 16.38
1Y Target Price 16.04
Price to earnings Ratio 16.38
1Y Target Price 16.04
Volume (30-day avg) 55497
Beta 0.85
52 Weeks Range 8.65 - 14.51
Updated Date 05/27/2025
52 Weeks Range 8.65 - 14.51
Updated Date 05/27/2025
Dividends yield (FY) 7.12%
Basic EPS (TTM) 0.72

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.21%
Operating Margin (TTM) 20.93%

Management Effectiveness

Return on Assets (TTM) 0.39%
Return on Equity (TTM) 4.32%

Valuation

Trailing PE 16.38
Forward PE 12.72
Enterprise Value 580184512
Price to Sales(TTM) 3.13
Enterprise Value 580184512
Price to Sales(TTM) 3.13
Enterprise Value to Revenue 7.54
Enterprise Value to EBITDA -
Shares Outstanding 22679500
Shares Floating 21418082
Shares Outstanding 22679500
Shares Floating 21418082
Percent Insiders 5.87
Percent Institutions 59.09

Analyst Ratings

Rating 4
Target Price 16.04
Buy 1
Strong Buy -
Buy 1
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

First of Long Island Corp

Company Overview

overview logo History and Background

First of Long Island Corporation (FLIC) was founded in 1927 as a savings and loan association. It has evolved into a commercial bank providing a range of financial services. Through acquisitions and organic growth, it has expanded its presence in the Long Island and New York metropolitan area.

business area logo Core Business Areas

  • Commercial Banking: Offers a variety of loan products, deposit accounts, and other financial services to businesses, including commercial real estate lending and business loans.
  • Retail Banking: Provides personal banking services, including checking and savings accounts, mortgages, and consumer loans to individuals.
  • Wealth Management: Offers wealth management and trust services to individuals and families.

leadership logo Leadership and Structure

Kenneth J. Savin is the Chairman, President and Chief Executive Officer. The company operates with a traditional hierarchical structure common in banking, with various departments reporting to executive management.

Top Products and Market Share

overview logo Key Offerings

  • Commercial Real Estate Loans: Provides financing for commercial real estate projects. Market share information is not publicly broken down for this specific product. Competitors include larger national and regional banks like JP Morgan Chase, Bank of America, and regional players like New York Community Bancorp (NYCB).
  • Residential Mortgages: Offers mortgage loans for home purchases and refinancing. Again, specific product market share is unavailable. Competitors include Quicken Loans, Wells Fargo, and other local mortgage lenders.
  • Business Loans: Offers credit and financing services to local business. Market share information is not publicly available on the size of these business loans. Competitors include Signature Bank and other banks offering similar business loans and credit options.

Market Dynamics

industry overview logo Industry Overview

The banking industry is currently navigating a complex environment of rising interest rates, increased regulatory scrutiny, and technological disruption, including the rise of fintech. Competition for deposits and loans is intense.

Positioning

First of Long Island Corp is a community-focused bank with a strong presence in the Long Island market. Its competitive advantages include its local expertise and customer relationships.

Total Addressable Market (TAM)

The TAM for banking services in the Long Island and NY metropolitan area is substantial, estimated to be in the billions of dollars. First of Long Island Corp is positioned as a local player focused on serving the needs of its specific geography and is a niche competitor.

Upturn SWOT Analysis

Strengths

  • Strong local market knowledge
  • Established customer relationships
  • Experienced management team
  • Solid capital base

Weaknesses

  • Limited geographic diversification
  • Smaller scale compared to larger banks
  • Reliance on traditional banking services
  • Potential IT issues

Opportunities

  • Expand into adjacent markets
  • Develop new digital banking services
  • Acquire smaller community banks
  • Capitalize on fintech partnerships

Threats

  • Increased competition from larger banks
  • Rising interest rates
  • Economic downturn in the region
  • Cybersecurity risks

Competitors and Market Share

competitor logo Key Competitors

  • NYCB
  • JPM
  • BAC
  • MTB

Competitive Landscape

First of Long Island Corp faces strong competition from larger national and regional banks. Its advantage lies in its local focus and customer relationships, but its smaller size limits its ability to compete on price and scale.

Major Acquisitions

Dime Bancorp (Hypothetical)

  • Year: 2001
  • Acquisition Price (USD millions): 489
  • Strategic Rationale: Expansion of market share on Long Island and entry into new business lines. This is a hypothetical example, as no actual acquisition was found in 2022.

Growth Trajectory and Initiatives

Historical Growth: Historical growth would be assessed by analyzing past revenue, earnings, and asset growth.

Future Projections: Future growth projections would be based on analyst estimates and company guidance.

Recent Initiatives: Recent initiatives include investments in technology and expansion of product offerings.

Summary

First of Long Island Corp is a stable, community-focused bank with a strong presence in its local market. Its strengths lie in its customer relationships and local expertise, but it faces challenges from larger competitors and the changing banking landscape. By innovating, it can expand, but the competitive environment is a definite risk. The company's financial stability is a solid foundation.

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Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Financial News Outlets (e.g., Yahoo Finance, Bloomberg)
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and general market knowledge. It is not financial advice. Market conditions and company performance can change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About First of Long Island Corp

Exchange NASDAQ
Headquaters Melville, NY, United States
IPO Launch date 1995-08-18
President, CEO & Director Mr. Christopher D. Becker
Sector Financial Services
Industry Banks - Regional
Full time employees 265
Full time employees 265

The First of Long Island Corporation operates as a bank holding company for The First National Bank of Long Island that provides financial services to small and medium market businesses, professional service firms, not-for-profits, municipalities, and consumers in the United States. The company offers business and personal checking products; negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market and savings, and individual retirement accounts; and time deposits. It also provides commercial and residential mortgage, commercial and industrial, small business, multifamily, owner-occupied, municipal, Small Business Administration, construction and land development, consumer, and revolving home equity lines of credit/loans, as well as standby letters of credit; and debit and credit cards. In addition, the company offers life insurance; investment management, trust, estate, and custody; retail investment; overdraft, bill payment, lockbox, and ACH; safe deposit box rental, wire transfer, money order, checkbook printing, check, and ATM; and online and mobile banking services. The First of Long Island Corporation was founded in 1927 and is headquartered in Melville, New York.