First Of Long Island Corp - Understand $flic stock

$FLIC Market Cap: $326.9 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.543M

TTM

Gross Margin

Net Earnings

$19.89M

TTM

Current Assets

Current Liabilities

$40.83M

Q3 2024

Current Ratio

Total Assets

$4.201B

Q3 2024

Total Liabilities

$3.813B

Q3 2024

Book Value

$388.6M

Q3 2024

Cash

$78.57M

Q3 2024

P/E

16.43

Nov 29, 2024 EST

Free Cash Flow

$31.28M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	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	1988	1987	1986	1985	1984	1983
Revenue	$3.300M	$134.2M	$123.0M	$131.2M	$143.9M	$138.2M	$118.3M	$104.1M	$92.14M	$81.98M
YoY Change	-97.54%	9.15%	-6.29%	-8.78%	4.06%	16.89%	13.58%	13.01%	12.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$3.300M	$134.2M	$123.0M	$131.2M	$143.9M	$138.2M	$118.3M	$104.1M	$92.14M	$81.98M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	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	1988	1987	1986
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.108M	$3.612M	$4.910M	$4.200M	$4.080M	$4.070M	$3.600M	$3.220M	$3.010M	$2.860M	$2.820M	$2.820M	$2.670M	$2.490M	$2.150M	$1.830M	$1.540M	$1.360M	$1.250M	$1.300M	$1.290M	$1.170M	$1.170M	$920.0K	$800.0K	$610.0K	$530.0K	$550.0K	$540.0K	$610.0K	$620.0K	$610.0K	$610.0K	$630.0K	$560.0K	$470.0K	$410.0K	$300.0K
YoY Change	-13.95%	-26.44%	16.9%	2.94%	0.25%	13.06%	11.8%	6.98%	5.24%	1.42%	0.0%	5.62%	7.23%	15.81%	17.49%	18.83%	13.24%	8.8%	-3.85%	0.78%	10.26%	0.0%	27.17%	15.0%	31.15%	15.09%	-3.64%	1.85%	-11.48%	-1.61%	1.64%	0.0%	-3.17%	12.5%	19.15%	14.63%	36.67%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$68.62M	$18.50M	$16.15M	$29.19M	$43.68M	$35.73M	$21.71M	$18.00M	$16.53M	$15.05M
YoY Change	270.97%	14.52%	-44.66%	-33.18%	22.25%	64.59%	20.59%	8.91%	9.84%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	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	1988	1987	1986	1985	1984	1983
Pretax Income	$29.47M	$58.22M	$53.31M	$49.53M	$49.78M	$46.64M	$45.01M	$39.93M	$33.36M	$29.11M	$27.00M	$25.40M	$24.40M	$23.80M	$16.60M	$17.60M	$14.40M	$14.00M	$15.30M	$15.90M	$15.20M	$15.70M	$13.60M	$12.70M	$13.10M	$12.00M	$11.00M	$10.50M	$9.500M	$9.000M	$8.300M	$7.200M	$5.700M	$6.500M	$5.800M	$5.700M	$4.900M	$4.200M	$3.800M	$2.600M	$1.600M
YoY Change	-49.38%	9.21%	7.63%	-0.51%	6.75%	3.61%	12.73%	19.71%	14.59%	7.81%	6.3%	4.1%	2.52%	43.37%	-5.68%	22.22%	2.86%	-8.5%	-3.77%	4.61%	-3.18%	15.44%	7.09%	-3.05%	9.17%	9.09%	4.76%	10.53%	5.56%	8.43%	15.28%	26.32%	-12.31%	12.07%	1.75%	16.33%	16.67%	10.53%	46.15%	62.5%
Income Tax	$3.229M	$11.29M	$10.22M	$8.324M	$8.228M	$5.062M	$9.889M	$9.049M	$7.466M	$6.095M	$5.700M	$5.000M	$4.900M	$5.400M	$3.100M	$4.600M	$2.900M	$2.800M	$3.100M	$3.900M	$3.800M	$4.200M	$3.500M	$3.400M	$4.100M	$3.800M	$3.600M	$3.600M	$3.200M	$3.000M	$2.700M	$2.300M	$1.500M	$2.000M	$1.400M	$1.300M	$1.100M	$700.0K	$800.0K	$600.0K	$300.0K
% Of Pretax Income	10.96%	19.39%	19.17%	16.81%	16.53%	10.85%	21.97%	22.66%	22.38%	20.94%	21.11%	19.69%	20.08%	22.69%	18.67%	26.14%	20.14%	20.0%	20.26%	24.53%	25.0%	26.75%	25.74%	26.77%	31.3%	31.67%	32.73%	34.29%	33.68%	33.33%	32.53%	31.94%	26.32%	30.77%	24.14%	22.81%	22.45%	16.67%	21.05%	23.08%	18.75%
Net Earnings	$26.24M	$46.93M	$43.09M	$41.20M	$41.56M	$41.57M	$35.12M	$30.88M	$25.89M	$23.01M	$21.30M	$20.40M	$19.50M	$18.40M	$13.50M	$13.00M	$11.50M	$11.20M	$12.30M	$12.10M	$11.40M	$11.60M	$10.10M	$9.300M	$10.00M	$8.200M	$7.400M	$6.900M	$6.200M	$6.000M	$6.200M	$5.000M	$4.200M	$4.600M	$4.400M	$4.300M	$3.800M	$3.600M	$3.000M	$2.000M	$1.400M
YoY Change	-44.09%	8.92%	4.58%	-0.85%	-0.04%	18.37%	13.74%	19.27%	12.5%	8.05%	4.41%	4.62%	5.98%	36.3%	3.85%	13.04%	2.68%	-8.94%	1.65%	6.14%	-1.72%	14.85%	8.6%	-7.0%	21.95%	10.81%	7.25%	11.29%	3.33%	-3.23%	24.0%	19.05%	-8.7%	4.55%	2.33%	13.16%	5.56%	20.0%	50.0%	42.86%
Net Earnings / Revenue	795.12%	34.97%	35.04%	31.4%	28.89%	30.07%	29.7%	29.66%	28.1%	28.07%
Basic Earnings Per Share	$1.16	$2.05	$1.82	$1.73	$1.68	$1.64	$1.44	$1.35	$1.23	$1.11
Diluted Earnings Per Share	$1.16	$2.043M	$1.81	$1.72	$1.67	$1.63	$1.43	$1.34	$1.22	$1.10	$1.034M	$1.005M	$979.9K	$1.022M	$823.2K	$792.7K	$668.6K	$643.7K	$691.0K	$643.6K	$606.4K	$607.3K	$517.9K	$465.0K	$478.5K	$383.2K	$344.2K	$319.4K	$287.0K	$279.1K	$285.7K	$232.6K	$192.7K	$204.4K	$190.5K	$184.5K	$161.7K	$153.2K	$127.7K	$85.11K	$59.57K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	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	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$54.00M	$55.61M	$46.00M	$51.00M	$54.40M	$41.30M	$39.60M	$34.40M	$30.30M	$27.90M	$24.50M	$24.60M	$21.80M	$20.80M	$18.10M	$12.60M	$10.90M	$8.700M	$7.600M	$6.500M	$6.800M	$6.400M	$7.200M	$7.000M	$6.700M	$6.300M	$5.000M	$5.000M	$5.100M	$5.000M	$5.300M	$5.400M	$5.000M	$5.100M	$5.200M	$4.500M	$4.100M	$4.100M	$2.600M	$2.500M	$2.100M
YoY Change	-2.9%	20.9%	-9.8%	-6.25%	31.72%	4.29%	15.12%	13.53%	8.6%	13.88%	-0.41%	12.84%	4.81%	14.92%	43.65%	15.6%	25.29%	14.47%	16.92%	-4.41%	6.25%	-11.11%	2.86%	4.48%	6.35%	26.0%	0.0%	-1.96%	2.0%	-5.66%	-1.85%	8.0%	-1.96%	-1.92%	15.56%	9.76%	0.0%	57.69%	4.0%	19.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$39.74M	$42.17M	$23.10M	$21.50M	$18.60M	$18.60M	$19.20M	$17.30M	$14.30M	$16.40M	$18.50M	$10.90M	$6.100M	$8.100M	$3.700M	$1.600M	$0.00	$700.0K	$300.0K	$0.00				$0.00	$1.200M	$100.0K	$800.0K	$900.0K		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-5.78%	82.57%	7.44%	15.59%	0.0%	-3.13%	10.98%	20.98%	-12.8%	-11.35%	69.72%	78.69%	-24.69%	118.92%	131.25%		-100.0%	133.33%						-100.0%	1100.0%	-87.5%	-11.11%
Total Long-Term Assets
YoY Change
Total Assets	$4.236B	$4.282B	$4.069B	$4.069B	$4.098B	$4.241B	$3.895B	$3.510B	$3.130B	$2.722B	$2.400B	$2.108B	$2.022B	$1.711B	$1.675B	$1.262B	$1.069B	$954.2M	$944.2M	$917.8M	$914.3M	$792.3M	$684.1M	$626.0M	$570.6M	$546.1M	$484.7M	$440.9M	$425.7M	$396.1M	$381.2M	$366.8M	$348.5M	$327.7M	$297.0M	$273.6M	$240.7M	$221.4M	$179.4M	$155.0M	$120.7M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$42.27M	$41.34M	$28.40M	$34.30M	$36.50M	$17.00M	$10.90M	$9.500M	$12.30M	$13.20M	$13.10M	$7.900M	$9.300M	$7.800M	$6.000M	$7.500M	$4.700M	$5.700M	$5.200M	$5.200M	$4.300M	$4.500M	$4.000M	$4.100M	$3.100M	$3.200M
YoY Change	2.24%	45.57%	-17.2%	-6.03%	114.71%	55.96%	14.74%	-22.76%	-6.82%	0.76%	65.82%	-15.05%	19.23%	30.0%	-20.0%	59.57%	-17.54%	9.62%	0.0%	20.93%	-4.44%	12.5%	-2.44%	32.26%	-3.13%
Deferred Revenue
YoY Change
Short-Term Debt	$70.00M	$0.00	$0.00	$10.10M	$10.70M	$8.900M	$16.10M	$12.00M	$46.50M	$56.50M	$55.50M	$11.60M	$12.20M	$14.10M	$140.9M	$145.1M	$12.10M	$28.10M	$60.20M	$49.70M	$41.20M
YoY Change			-100.0%	-5.61%	20.22%	-44.72%	34.17%	-74.19%	-17.7%	1.8%	378.45%	-4.92%	-13.48%	-89.99%	-2.89%	1099.17%	-56.94%	-53.32%	21.13%	20.63%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$112.3M	$41.34M	$28.40M	$34.30M	$36.50M	$17.00M	$10.90M	$9.500M	$12.30M	$13.20M	$13.10M	$7.900M	$9.300M	$7.800M	$6.000M	$7.600M	$4.700M	$5.700M	$5.200M	$5.200M	$4.600M	$4.800M	$4.000M	$4.200M	$3.100M	$3.200M	$200.0K
YoY Change	171.57%	45.57%	-17.2%	-6.03%	114.71%	55.96%	14.74%	-22.76%	-6.82%	0.76%	65.82%	-15.05%	19.23%	30.0%	-21.05%	61.7%	-17.54%	9.62%	0.0%	13.04%	-4.17%	20.0%	-4.76%	35.48%	-3.13%	1500.0%
Long-Term Debt	$472.5M	$411.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$145.0M	$207.5M	$192.0M	$0.00	$0.00	$80.00M	$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
YoY Change	14.96%										-100.0%	-30.12%	8.07%			-100.0%
Other Long-Term Liabilities																											$2.800M	$2.400M	$2.400M	$1.900M	$1.900M	$1.300M	$2.100M	$2.500M	$2.100M	$1.800M	$2.300M	$1.600M	$2.300M	$1.800M	$1.100M
YoY Change																											16.67%	0.0%	26.32%	0.0%	46.15%	-38.1%	-16.0%	19.05%	16.67%	-21.74%	43.75%	-30.43%	27.78%	63.64%
Total Long-Term Liabilities	$472.5M	$411.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$145.0M	$207.5M	$192.0M	$0.00	$0.00	$80.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.800M	$2.400M	$2.400M	$1.900M	$1.900M	$1.300M	$2.100M	$2.500M	$2.100M	$1.800M	$2.300M	$1.600M	$2.300M	$1.800M	$1.100M
YoY Change	14.96%										-100.0%	-30.12%	8.07%			-100.0%										-100.0%	16.67%	0.0%	26.32%	0.0%	46.15%	-38.1%	-16.0%	19.05%	16.67%	-21.74%	43.75%	-30.43%	27.78%	63.64%
Total Liabilities	$3.856B	$3.917B	$3.655B	$3.662B	$3.709B	$3.853B	$3.540B	$3.205B	$2.879B	$2.488B	$2.193B	$1.903B	$1.833B	$1.554B	$1.559B	$1.159B	$966.6M	$858.6M	$853.5M	$827.5M	$825.0M	$706.9M	$609.3M	$555.1M	$506.3M	$482.4M	$425.7M	$386.7M	$376.3M	$353.4M	$341.8M	$332.4M	$317.9M	$299.9M	$271.7M	$251.4M	$221.6M	$205.5M	$166.6M	$144.8M	$112.2M
YoY Change	-1.56%	7.17%	-0.19%	-1.26%	-3.74%	8.83%	10.48%	11.29%	15.72%	13.45%	15.26%	3.81%	17.94%	-0.28%	34.48%	19.92%	12.58%	0.6%	3.14%	0.3%	16.71%	16.02%	9.76%	9.64%	4.95%	13.32%	10.09%	2.76%	6.48%	3.39%	2.83%	4.56%	6.0%	10.38%	8.07%	13.45%	7.83%	23.35%	15.06%	29.06%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	22.55M	22.87M	23.66M	23.86M	24.66M	25.29M	24.22M	22.75M	21.02M	20.71M
Diluted Shares Outstanding	22.63M	22.97M	23.76M	23.91M	24.85M	25.46M	24.48M	23.02M	21.26M	20.93M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $326.88 Million

About FIRST OF LONG ISLAND CORP

The First of Long Island Corp. is a holding company, through which its subsidiaries, engages in the provision of financial services. The company is headquartered in Melville, New York and currently employs 288 full-time employees. The company provides financial services through its wholly owned subsidiary, The First National Bank of Long Island (the Bank). The Bank serves the financial needs of small to middle market businesses, professional service firms, not-for-profits, municipalities and consumers primarily in Nassau and Suffolk Counties of Long Island, and the boroughs of New York City (NYC). The Bank’s loan portfolio is primarily comprised of loans to borrowers on Long Island and in the boroughs of NYC, and its real estate loans are principally secured by properties located in those areas. The Bank’s investment securities portfolio consists of direct obligations of the United States government and its agencies, obligations of the small business administration (SBA), corporate bonds of large United States financial institutions and obligations of states and political subdivisions. The Bank offers trust, estate, custody, and investment services.

Industry: National Commercial Banks Peers: BAR HARBOR BANKSHARES CapStar Financial Holdings, Inc. Carter Bankshares, Inc. INDEPENDENT BANK CORP /MI/ RBB Bancorp PNC FINANCIAL SERVICES GROUP, INC. WILSON BANK HOLDING CO