First Of Long Island (FLIC)

Company Profile

The First of Long Island Corporation is the bank holding company for The First National Bank of Long Island. The Bank serves the financial needs of privately-owned businesses, professionals, consumers, public bodies and other organizations primarily in Nassau and Suffolk Counties, Long Island, and the boroughs of Queens, Brooklyn and Manhattan within New York City with a current branch network of fifty branches.

Company profile

Ticker

FLIC

Exchange

NASDAQ

Website

www.fnbli.com

CEO

Christopher Becker

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Bank Of America • Citigroup • U.S. Bancorp. • Capital One Financial • PNC Financial Services • Shinhan Financial • HSBC USA • Regions Financial • Keycorp ...

SEC CIK

0000740663

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

112672906

FLIC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Keefe, Bruyette & Woods

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

4 May 23

Reports Earnings for the First Quarter of 2023

2 May 23

8-K

Submission of Matters to a Vote of Security Holders

21 Apr 23

8-K

Regulation FD Disclosure

9 Mar 23

9 Mar 23

Annual report to shareholders

9 Mar 23

8-K

Results of Operations and Financial Condition

27 Jan 23

8-K

Announces Additional Board Refreshment As Part of

9 Jan 23

Transcripts

FLIC

Earnings call transcript

2023 Q1

28 Apr 23

FLIC

Earnings call transcript

2022 Q4

27 Jan 23

FLIC

Earnings call transcript

2022 Q3

28 Oct 22

FLIC

Earnings call transcript

2022 Q2

30 Jul 22

Latest ownership filings

View all

Edward J. Haye

19 May 23

John Abbott Root Cooper

16 May 23

John Abbott Root Cooper

8 May 23

Edward J. Haye

24 Apr 23

John Abbott Root Cooper

20 Apr 23

John Abbott Root Cooper

Financial summary

Financial statements Chart FLIC financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	51.77 mm	51.77 mm	51.77 mm	51.77 mm	51.77 mm	51.77 mm
Cash burn (monthly)	7.47 mm	2.84 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	14.28 mm	5.42 mm	n/a	n/a	n/a	n/a
Cash remaining	37.48 mm	46.34 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	5.0	16.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

FLIC institutional ownership history Ownership history

59.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	108	111	-2.7%
Opened positions	9	13	-30.8%
Closed positions	12	7	+71.4%
Increased positions	38	40	-5.0%
Reduced positions	35	27	+29.6%

13F shares	Current	Prev Q	Change
Total value	183.27 bn	253.25 mm	+72268.4%
Total shares	13.47 mm	14.23 mm	-5.4%
Total puts	5.00 k	0.00	NEW
Total calls	6.30 k	0.00	NEW
Total put/call ratio	0.8	–	–

Largest owners	Shares	Value	Change
FMR	2.04 mm	$36.67 bn	-0.9%
BLK Blackrock	2.02 mm	$36.34 bn	+8.4%
Vanguard	1.11 mm	$19.98 bn	+1.3%
Dimensional Fund Advisors	1.05 mm	$18.95 mm	-1.0%
BEN Franklin Resources	965.50 k	$17.38 bn	-29.5%
Franklin Mutual Advisers	963.87 k	$0.00	-46.8%
Renaissance Technologies	543.45 k	$9.78 mm	-6.8%
STT State Street	508.60 k	$9.26 bn	NEW
Geode Capital Management	400.20 k	$7.20 mm	+3.4%
Acadian Asset Management	248.45 k	$4.46 bn	+8.4%

Largest transactions	Shares	Bought/sold	Change
Franklin Mutual Advisers	963.87 k	-849.53 k	-46.8%
STT State Street	508.60 k	+508.60 k	NEW
BEN Franklin Resources	965.50 k	-403.43 k	-29.5%
BLK Blackrock	2.02 mm	+157.11 k	+8.4%
Millennium Management	39.44 k	-134.95 k	-77.4%
Price Jennifer C.	0.00	-85.00 k	EXIT
HBCYF HSBC	86.18 k	+68.83 k	+396.9%
Renaissance Technologies	543.45 k	-39.40 k	-6.8%
Aqr Capital Management	161.77 k	+37.44 k	+30.1%
American Century Companies	157.42 k	+30.68 k	+24.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FLIC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 May 23	Edward J. Haye	Common Stock	Grant	Acquire A	No	No	0	613	0.00	2,922
15 May 23	John Abbott Root Cooper	Common Stock	Buy	Acquire P	Yes	No	10.37	15,000	155.55 k	216,647
12 May 23	John Abbott Root Cooper	Common Stock	Buy	Acquire P	Yes	No	10.01	15,000	150.15 k	201,647
8 May 23	John Abbott Root Cooper	Common Stock	Buy	Acquire P	Yes	No	10.33	15,000	154.95 k	186,647
5 May 23	John Abbott Root Cooper	Common Stock	Buy	Acquire P	Yes	No	10.81	7,718	83.43 k	171,647
21 Apr 23	Edward J. Haye	Common Stock	Grant	Acquire A	No	No	0	344	0.00	2,309
18 Apr 23	Cover Alexander L	Common Stock	Option exercise	Acquire M	No	No	0	2,035	0.00	51,986.955
18 Apr 23	Cover Alexander L	RSU The First of Long Island Corporation	Grant	Acquire A	No	No	0	3,144	0.00	3,144
18 Apr 23	Cover Alexander L	RSU The First of Long Island Corporation	Option exercise	Dispose M	No	No	0	2,035	0.00	0