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. Its deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts, interest on lawyer accounts, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as money market accounts. The company's loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction and development loans, small business administration loans, commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans. It also offers account reconciliation services, ACH origination, ATM banking and deposit automation, bank by mail, bill payment, cash management services, collection services, controlled disbursement accounts, foreign currency sales and purchases, healthcare remittance automation, debit cards, lock box services, merchant credit card services, and mobile capture services, as well as mutual funds, annuities, and life insurance. In addition, the company provides night depository services, payroll services, personal money orders, remote deposits, safe deposit boxes, securities transactions, signature guarantee services, investment management and trust services, domestic and international wire transfers, and withholding tax depository services, as well as online mortgage origination, drive-through, mobile, online, and telephone banking services. It operates through a network of 46 branches, including 19 branches in Nassau, 17 in Suffolk, 6 in Queens, 3 in Brooklyn, and 1 in Manhattan. The First of Long Island Corporation was founded in 1927 and is headquartered in Glen Head, New York.
IPO Year:
Exchange: NASDAQ
Website: fnbli.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/1/2025 | Mkt Perform → Outperform | Keefe Bruyette | |
| 4/29/2022 | Overweight → Neutral | Piper Sandler |
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Keefe Bruyette upgraded The First of Long Island from Mkt Perform to Outperform
Piper Sandler downgraded The First of Long Island from Overweight to Neutral
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ENGLEWOOD CLIFFS, N.J., June 25, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), announced the appointment of Robert A. Schwartz as General Counsel, effective June 1, 2025. This strategic appointment reinforces ConnectOne's commitment to strengthening executive leadership capabilities as it accelerates growth following the successful completion of its merger with First of Long Island Corporation (NASDAQ:FLIC). A recognized leader in the banking industry with deep expertise in mergers and acquisitions, securities law, and bank regulatory frameworks, Schwartz brings decades of legal and strategi
ENGLEWOOD CLIFFS, N.J., June 02, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), today announced the completion of its previously announced merger with The First of Long Island Corporation (NASDAQ:FLIC) ("First of Long Island"), parent company of The First National Bank of Long Island. With the completion of the transaction, the combined company is operating under the ConnectOne brand, with approximately $14 billion in total assets, $11 billion in total deposits and $11 billion in total loans. "We are pleased to conclude this complementary, financially savvy transaction, expanding the ConnectO
ENGLEWOOD CLIFFS, N.J. and MELVILLE, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), and The First of Long Island Corporation (NASDAQ:FLIC) ("First of Long Island"), parent company of The First National Bank of Long Island, today announced they have received the approval of the Federal Deposit Insurance Corporation to proceed with the previously announced merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur on or about June 1, 2025, pending approvals or waivers from the New Jersey Department of Banking and Insurance and the Federal Re
MELVILLE, N.Y., April 30, 2025 (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 earnings for the three months ended March 31, 2025. Analysis of Earnings – First Quarter 2025 Versus Linked Quarter Net income for the first quarter of 2025 increased $512,000 compared to the fourth quarter of 2024. The increase in net income was primarily due to a $795,000 increase in net interest income largely due to an eight basis point improvement in the net interest margin, and a decrease in noninterest expense of $1.5 million primarily due to branch consolidation expen
MELVILLE, N.Y., March 13, 2025 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.21 per share. The dividend will be paid on April 3, 2025 to shareholders of record on March 24, 2025. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary service
ENGLEWOOD CLIFFS, N.J. and MELVILLE, N.Y., Feb. 14, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), and The First of Long Island Corporation (NASDAQ:FLIC) ("First of Long Island"), parent company of The First National Bank of Long Island, today announced that at separate special meetings the shareholders of both companies approved proposals relating to the pending merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur in the second quarter of 2025, subject to the receipt of regulatory approval and other customary closing conditions. "We are pleased that
MELVILLE, N.Y., Jan. 30, 2025 (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 earnings for the quarter and year ended December 31, 2024. President and Chief Executive Officer Chris Becker commented on the Company's results: "Our team is focused on best positioning our company for the future and its pending merger with ConnectOne Bancorp, Inc. In that regard, our net interest margin bottomed out during the first quarter of 2024 and began its recovery during the remainder of the year. Excluding loss on securities in 2023, noninterest income increased nea
MELVILLE, N.Y., Dec. 20, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.21 per share. The dividend will be paid on January 9, 2025 to shareholders of record on December 31, 2024. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary ser
MELVILLE, N.Y., Oct. 24, 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 earnings for the three and nine months ended September 30, 2024. President and Chief Executive Officer Chris Becker commented on the Company's results: "We are encouraged by a second consecutive linked quarter showing improvements in key financial metrics. After an increase in the net interest margin of one basis point in the second quarter of 2024 from the first quarter of 2024, the margin increased nine basis points in the third quarter of 2024 when compared to second quarte
MELVILLE, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.21 per share. The dividend will be paid on October 21, 2024 to shareholders of record on October 11, 2024. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary serv
MELVILLE, N.Y., April 30, 2025 (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 earnings for the three months ended March 31, 2025. Analysis of Earnings – First Quarter 2025 Versus Linked Quarter Net income for the first quarter of 2025 increased $512,000 compared to the fourth quarter of 2024. The increase in net income was primarily due to a $795,000 increase in net interest income largely due to an eight basis point improvement in the net interest margin, and a decrease in noninterest expense of $1.5 million primarily due to branch consolidation expen
MELVILLE, N.Y., March 13, 2025 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.21 per share. The dividend will be paid on April 3, 2025 to shareholders of record on March 24, 2025. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary service
MELVILLE, N.Y., Jan. 30, 2025 (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 earnings for the quarter and year ended December 31, 2024. President and Chief Executive Officer Chris Becker commented on the Company's results: "Our team is focused on best positioning our company for the future and its pending merger with ConnectOne Bancorp, Inc. In that regard, our net interest margin bottomed out during the first quarter of 2024 and began its recovery during the remainder of the year. Excluding loss on securities in 2023, noninterest income increased nea
MELVILLE, N.Y., Dec. 20, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.21 per share. The dividend will be paid on January 9, 2025 to shareholders of record on December 31, 2024. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary ser
MELVILLE, N.Y., Oct. 24, 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 earnings for the three and nine months ended September 30, 2024. President and Chief Executive Officer Chris Becker commented on the Company's results: "We are encouraged by a second consecutive linked quarter showing improvements in key financial metrics. After an increase in the net interest margin of one basis point in the second quarter of 2024 from the first quarter of 2024, the margin increased nine basis points in the third quarter of 2024 when compared to second quarte
MELVILLE, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.21 per share. The dividend will be paid on October 21, 2024 to shareholders of record on October 11, 2024. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary serv
ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) ("ConnectOne or "Company"), parent company of ConnectOne Bank, and The First of Long Island Corporation (NASDAQ:FLIC) ("First of Long Island"), parent company of The First National Bank of Long Island, jointly announced today that they have entered into a definitive agreement pursuant to which First of Long Island will merge with and into ConnectOne. The combined company will operate under the ConnectOne brand, and will have approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans. Under the terms of the agreement, First of Long Island shareh
MELVILLE, N.Y., July 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 earnings for the three and six months ended June 30, 2024. President and Chief Executive Officer Chris Becker commented on the Company's results: "We are encouraged by a quarter of increase in many financial metrics, including both deposit and loan growth during the quarter. At the end of the first quarter of this year, I commented that we believe our margin should be at the bottom. A one basis point increase in the margin during the second quarter is reflective of that gu
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 released after the market closes on July 25, 2024. Those that wish to listen to the call over the telephone are invited to dial 1 800-450-7155 (international callers dial +1 857-999-9155) and use conference ID 4165075# approximately 10 minutes prior to the start of the call. Investors and analysts interested in listening and asking questions must register at webpage https://www.cstproxy.com/fnbli/earnings/2024/q2/ by July 23, 2024 and should use the p
MELVILLE, N.Y., June 28, 2024 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.21 per share. The dividend will be paid on July 18, 2024 to shareholders of record on July 10, 2024. The First of Long Island Corporation is the parent company of The First National Bank of Long Island. Through its branch network branded as First National Bank LI, the Bank focuses on business and consumer needs on Long Island and in New York City. We offer a broad set of lending, deposit, investment, and digital products. First National Bank LI is known for its culture of delivering extraordinary service a
ENGLEWOOD CLIFFS, N.J., June 25, 2025 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (NASDAQ:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), announced the appointment of Robert A. Schwartz as General Counsel, effective June 1, 2025. This strategic appointment reinforces ConnectOne's commitment to strengthening executive leadership capabilities as it accelerates growth following the successful completion of its merger with First of Long Island Corporation (NASDAQ:FLIC). A recognized leader in the banking industry with deep expertise in mergers and acquisitions, securities law, and bank regulatory frameworks, Schwartz brings decades of legal and strategi
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