FLIC - Dividend announcements

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

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., 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

MELVILLE, N.Y., April 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 net income and earnings per share for the three months ended March 31, 2024. Analysis of First Quarter Earnings Net income and earnings per share for the quarter ended March 31, 2024, were $4.4 million and $0.20, respectively, compared to $6.5 million and $0.29, respectively, for the comparable quarter in 2023. The principal drivers of the lower earnings were a decline in net interest income of $5.5 million, or 23.2%, and a $1.1 million credit provision for credit losses tak

MELVILLE, N.Y., March 07, 2024 (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 March 21, 2024 to shareholders of record on March 13, 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

MELVILLE, N.Y., Jan. 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 net income and earnings per share for the quarter and year ended December 31, 2023. Analysis of 2023 Earnings President and Chief Executive Officer Chris Becker commented on the Company's financial position: "The leveling of quarterly earnings during the final three quarters of 2023 was encouraging as we believe the decline in the net interest margin is nearing a turning point. We enter 2024 with an enthusiastic focus on our core business of commercial relationship banking. O

MELVILLE, N.Y., Dec. 15, 2023 (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 11, 2024 to shareholders of record on January 2, 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., Oct. 26, 2023 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent of The First National Bank of Long Island (the "Bank"), reported earnings for the three and nine months ended September 30, 2023. Analysis of Earnings – Third Quarter Versus Second Quarter 2023 President and Chief Executive Officer Chris Becker commented on the Company's earnings: "The significant quarterly earnings contraction that took place in the fourth quarter of last year and the first quarter of this year has leveled off in the last two quarters. The considerable slowdown in the pace of margin contraction during the third quarter is encouraging, just 4 basis points. We

MELVILLE, N.Y., Sept. 29, 2023 (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 19, 2023 to shareholders of record on October 11, 2023. 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., July 27, 2023 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent of The First National Bank of Long Island (the "Bank"), reported earnings for the three and six months ended June 30, 2023. Analysis of Earnings – Six Months Ended June 30, 2023 President and Chief Executive Officer Chris Becker commented on the Company's earnings: "Our earnings continue to be significantly impacted by actions taken by the Federal Reserve to combat rising inflation. The increase in the upper limit of the Fed's target range for the federal funds rate from 0.25% in March 2022 to the current 5.50%, as well as other monetary and industry conditions, has resulted i

MELVILLE, N.Y., June 30, 2023 (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. This represents a 5.0% increase over the dividend of $.20 per share declared in the same quarter last year. The dividend will be paid on July 20, 2023 to shareholders of record on July 12, 2023. 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,

MELVILLE, N.Y., April 27, 2023 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported results for the three months ended March 31, 2023. Liquidity Our customers have remained loyal during these challenging times. Total deposits were only $66 million, or 1.9%, lower than December 31, 2022. The decline is mainly attributable to regular deposit flows with no noticeable impact from the disruption that occurred in the banking industry in March of this year. Noninterest-bearing checking deposits of $1.2 billion represent 35% of total deposits. Brokered time deposits remained at the same level as December 31

MELVILLE, N.Y., March 03, 2023 (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. This represents a 5.0% increase over the dividend of $.20 per share declared in the same quarter last year. The dividend will be paid on March 24, 2023 to shareholders of record on March 16, 2023. 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, investmen

MELVILLE, N.Y., Jan. 26, 2023 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported net income and earnings per share for the quarter and year ended December 31, 2022. In the highlights that follow, all comparisons are to the prior year or quarter unless otherwise indicated. 2022 HIGHLIGHTS Net Income and EPS were $46.9 million and $2.04, respectively, versus $43.1 million and $1.81ROA and ROE were 1.11% and 12.13%, respectively, compared to 1.04% and 10.34% Net interest margin was 2.89% versus 2.74% FOURTH QUARTER HIGHLIGHTS Net Income and EPS were $9.9 million and $.44, respectively, versus $9.0

MELVILLE, N.Y., Dec. 16, 2022 (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. This represents a 5.0% increase over the dividend of $.20 per share declared in the same quarter last year. The dividend will be paid on January 12, 2023 to shareholders of record on January 3, 2023. 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, invest

MELVILLE, N.Y., Oct. 27, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three and nine months ended September 30, 2022. In the highlights that follow, all comparisons are of the current three or nine-month period to the same period last year unless otherwise indicated. THIRD QUARTER HIGHLIGHTS Net Income and EPS were $12.5 million and $.55, respectively, versus $11.4 million and $.48ROA and ROE were 1.14% and 12.84%, respectively, compared to 1.08% and 10.71% Net interest margin was 2.97% versus 2.71% Repurchased 209,579 shares at a c

MELVILLE, N.Y., Sept. 30, 2022 (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. This represents a 5.0% increase over the dividend of $.20 per share declared in the same quarter last year. The dividend will be paid on October 21, 2022 to shareholders of record on October 12, 2022. 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, inves

MELVILLE, N.Y., July 28, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three and six months ended June 30, 2022. In the highlights that follow, all comparisons are of the current three or six-month period to the same period last year unless otherwise indicated. SECOND QUARTER HIGHLIGHTS Net Income and EPS were $12.5 million and $.54, respectively, versus $11.4 million and $.48ROA and ROE were 1.18% and 12.94%, respectively, compared to 1.08% and 11.02% Net interest margin was 2.97% versus 2.71% Strong loan originations of $236 millio

GLEN HEAD, N.Y., July 01, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on July 22, 2022 to shareholders of record on July 14, 2022. 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

GLEN HEAD, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three months ended March 31, 2022. In the highlights that follow, all comparisons are of the current three-month period to the same period last year unless otherwise indicated.   FIRST QUARTER 2022 HIGHLIGHTS Net Income and EPS were $12.1 million and $.52, respectively, versus $11.3 million and $.47ROA and ROE were 1.19% and 11.94%, respectively, compared to 1.11% and 11.17% Net interest margin was 2.90% versus 2.69% Strong loan originations of $261 million Repu

GLEN HEAD, N.Y., March 04, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on March 24, 2022 to shareholders of record on March 16, 2022. 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, investme

GLEN HEAD, New York, Jan. 27, 2022 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported net income and earnings per share for the quarter and year ended December 31, 2021. In the highlights that follow, all comparisons are to the prior year or quarter unless otherwise indicated. 2021 HIGHLIGHTS Net Income and EPS were $43.1 million and $1.81, respectively, versus $41.2 million and $1.72ROA and ROE were 1.04% and 10.34%, respectively, compared to 1.00% and 10.47%Net interest margin was 2.74% versus 2.64%Repurchased 679,873 shares at a cost of $14.5 million FOURTH QUARTER HIGHLIGHTS Net interest mar

GLEN HEAD, N.Y., Dec. 17, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on January 14, 2022 to shareholders of record on January 5, 2022. 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, inves

GLEN HEAD, N.Y., Oct. 28, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three and nine months ended September 30, 2021. In the highlights that follow, all comparisons are of the current three or nine-month period to the same period last year unless otherwise indicated. THIRD QUARTER HIGHLIGHTS Net Income and EPS were $11.4 million and $.48, respectively, versus $10.8 million and $.45ROA and ROE were 1.08% and 10.71%, respectively, compared to 1.02% and 10.77% Net interest margin was 2.71% versus 2.66%Recorded charges of $1.2 million

GLEN HEAD, N.Y., Sept. 24, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a third quarter cash dividend in the amount of $.20 per share. This represents a 5.3% increase over the dividend of $.19 per share declared in the same quarter last year. The dividend will be paid on October 18, 2021 to shareholders of record on October 8, 2021. The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-seven branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. For More Information Contact:Jay McConie, EVP & CFO(

GLEN HEAD, N.Y., June 25, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC) announced today the declaration of a second quarter cash dividend in the amount of $.19 per share. This represents a 5.6% increase over the dividend of $.18 per share declared in the same quarter last year. The dividend will be paid on July 16, 2021 to shareholders of record on July 8, 2021. The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-seven branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. For More Information Contact: Jay McConie, EVP & CFO (51

GLEN HEAD, N.Y., April 29, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (NASDAQ:FLIC), the parent company of The First National Bank of Long Island, reported increases in net income and earnings per share for the three months ended March 31, 2021. In the highlights that follow, all comparisons are of the current three-month period to the same period last year unless otherwise indicated.   FIRST QUARTER 2021 HIGHLIGHTS Net Income and EPS were $11.3 million and $.47, respectively, versus $9.1 million and $.38ROA and ROE were 1.11% and 11.17%, respectively, compared to .90% and 9.41% Book value per share increased 8.6% to $17.16 from $15.80Net interest margin was 2.69% vers

GLEN HEAD, N.Y., Feb. 25, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a first quarter cash dividend in the amount of $.19 per share. This represents a 5.6% increase over the dividend of $.18 per share declared in the same quarter last year. The dividend will be paid on March 19, 2021 to shareholders of record on March 10, 2021. The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-seven branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. For More Information Contact: Jay McConie, EVP & CFO

GLEN HEAD, N.Y., Jan. 29, 2021 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC), the parent company of The First National Bank of Long Island, reported net income and earnings per share for the quarter and year ended December 31, 2020. In the highlights that follow, all comparisons are of the current quarter or year to the same period last year unless otherwise indicated. FOURTH QUARTER HIGHLIGHTS Net Income and EPS were $10.5 million and $.44, respectively, compared to $9.2 million and $.38ROA and ROE were 1.03% and 10.40%, respectively, compared to .88% and 9.32%Net interest margin increased 7 basis points to 2.64% for the fourth quarter and full year periodsCash

GLEN HEAD, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq: FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of $.19 per share. This represents a 5.6% increase over the dividend of $.18 per share declared in the same quarter last year. The dividend will be paid on January 21, 2021 to shareholders of record on January 11, 2021. The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has forty-nine branches in Nassau and Suffolk Counties, Long Island and the boroughs of Queens, Brooklyn and Manhattan. For More Information Contact:Jay McConie, EVP & C