As of June 2, 2025, The First of Long Island Corporation was acquired by ConnectOne Bancorp, Inc. 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.
Metrics to compare | FLIC | Peers Peers - average of corresponding metrics from companies closely matching FLIC: | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFLICPeersSector |
---|---|---|---|---|
P/E Ratio | 16.4x | 0.0x | 9.5x | |
PEG Ratio | −0.50 | 0.00 | 0.03 | |
Price/Book | 0.7x | 0.0x | 1.0x | |
Price / LTM Sales | 3.2x | 0.0x | 2.8x | |
Upside (Analyst Target) | 35.1% | 0.0% | 14.3% | |
Fair Value Upside | Unlock | 0.0% | 2.8% | Unlock |