Breaking Down The First of Long Island Corporation (FLIC) Financial Health: Key Insights for Investors

Are you keeping a close watch on your investments and seeking reliable insights into the financial sector? Have you considered the First of Long Island Corporation (FLIC), a key player in delivering financial services to individuals, families, and businesses primarily on Long Island? For the fiscal year 2024, FLIC reported a net income of $17.1 million, with diluted earnings per share (EPS) at $0.75. The company's return on average assets (ROA) stood at 0.40%, while the return on average equity (ROE) was 4.49%, and the efficiency ratio reached 79.00%. With these figures in mind, let's delve deeper into FLIC's financial health and what it means for investors like you.

The First of Long Island Corporation (FLIC) Revenue Analysis

Understanding the revenue streams of The First of Long Island Corporation (FLIC) is crucial for investors seeking to assess the company's financial health and growth potential. A detailed breakdown reveals the sources of income, growth trends, and the impact of various business segments on the overall revenue.

The First of Long Island Corporation primarily generates revenue through traditional banking activities. These activities include:

• Interest Income: This is derived from loans, including commercial real estate, residential mortgages, and consumer loans.
• Service Fees and Other Charges: Revenue is also generated from fees for services like account maintenance, wire transfers, and other banking-related services.

Analyzing year-over-year revenue growth provides insights into the company's performance and its ability to expand its market presence. While specific annual growth rates fluctuate, examining historical trends helps to understand the overall trajectory. For instance, comparing revenue from fiscal year 2023 to 2024 would reveal the most recent growth rate.

To illustrate, let's consider a hypothetical (but realistic) scenario based on available information. Please note that while the general business activities are correct, these figures are examples for illustrative purposes only, based on the guidance to use 2024 data:

Significant changes in revenue streams can arise from various factors, such as shifts in interest rates, changes in loan demand, or the introduction of new services. For example, a decrease in interest rates might reduce interest income, while increased demand for mortgages could boost revenue from that segment.

For further insights into the investor profile and factors influencing investment decisions related to The First of Long Island Corporation, explore: Exploring The First of Long Island Corporation (FLIC) Investor Profile: Who’s Buying and Why?

The First of Long Island Corporation (FLIC) Profitability Metrics

Analyzing The First of Long Island Corporation's (FLIC) profitability involves examining several key metrics that provide insights into its financial health and operational efficiency. These metrics include gross profit, operating profit, and net profit margins, each offering a unique perspective on the company's ability to generate earnings.

Gross profit is the revenue a company retains after deducting the direct costs associated with producing its goods and services. It serves as an initial indicator of how efficiently a company manages its production costs. For FLIC, a consistent or increasing gross profit margin suggests effective cost control and pricing strategies. The trend of gross profit margins over time is crucial for understanding the sustainability of FLIC's core business operations.

Operating profit, also known as earnings before interest and taxes (EBIT), is derived by deducting operating expenses from gross profit. This metric reflects the profitability of a company's core operations, excluding the impacts of financial leverage and taxes. Monitoring FLIC's operating profit margin helps in assessing how well the company manages its operational costs, such as administrative and marketing expenses. A rising operating profit margin indicates improved operational efficiency.

Net profit represents a company's earnings after all expenses, including interest and taxes, have been deducted from total revenue. The net profit margin, calculated as net profit divided by total revenue, offers a comprehensive view of overall profitability. For FLIC, the net profit margin indicates the percentage of revenue that ultimately translates into profit for shareholders. Consistent growth in net profit margins signifies effective management of all aspects of the income statement.

When evaluating FLIC's profitability, comparing its profitability ratios with industry averages is essential. This comparison provides context and helps determine whether FLIC is performing above or below its peers. Industry-specific benchmarks offer a more accurate assessment of FLIC's financial health. Additionally, analyzing operational efficiency, such as cost management and gross margin trends, provides deeper insights into the factors driving FLIC's profitability. Effective cost management and favorable gross margin trends can lead to improved profitability.

Below is a table summarizing key profitability metrics for The First of Long Island Corporation based on available 2024 data:

Note: The specific 2024 values for these metrics were not available in the provided search results. To obtain accurate and up-to-date figures, consulting FLIC's official financial statements or reliable financial data sources is recommended.

Understanding these profitability metrics and their trends over time is crucial for investors seeking to assess the financial health and investment potential of The First of Long Island Corporation. For more insights into the company's mission, vision, and core values, refer to: Mission Statement, Vision, & Core Values of The First of Long Island Corporation (FLIC).

The First of Long Island Corporation (FLIC) Debt vs. Equity Structure

Understanding how The First of Long Island Corporation (FLIC) manages its debt and equity is crucial for investors. This insight reveals the company's financial strategy, risk level, and long-term sustainability. Here’s a detailed look at FLIC's debt levels, debt-to-equity ratio, and financing activities.

As of the fiscal year 2024, The First of Long Island Corporation's financial structure includes a mix of debt and equity. A comprehensive analysis of their annual reports and financial statements is essential to determine the exact figures for long-term and short-term debt. These values fluctuate, reflecting the company's strategic financial decisions and market conditions.

The debt-to-equity ratio is a key metric for evaluating FLIC's financial leverage. To calculate this, you'll need the total debt and total equity figures from FLIC's 2024 balance sheet. Once calculated, this ratio should be compared against industry averages to gauge whether FLIC's leverage is conservative, aggressive, or typical for its peers. For example, if the industry average is 1.0, a ratio significantly above that might indicate higher risk, while a ratio below could suggest a more cautious approach.

Recent activities, such as debt issuances, credit ratings, or refinancing, provide insights into FLIC's financial management. For instance:

• Debt Issuances: Any new bonds or loans issued in 2024.
• Credit Ratings: Ratings from agencies like Moody's or S&P, reflecting their assessment of FLIC's creditworthiness.
• Refinancing: Efforts to lower interest rates or extend debt maturity dates.

These actions influence FLIC's financial stability and ability to fund growth.

Balancing debt and equity is a strategic decision. FLIC must weigh the benefits of debt financing (such as lower cost of capital and tax advantages) against the risks (like increased financial leverage and potential for financial distress). Equity funding, on the other hand, reduces financial risk but can dilute ownership and increase the cost of capital. The ideal mix depends on FLIC's growth prospects, risk tolerance, and market conditions.

Here’s a hypothetical table illustrating how debt and equity components might look (note: this is for illustrative purposes only and does not reflect actual FLIC data):

Understanding these elements helps stakeholders assess FLIC's financial health and make informed decisions. To gain further insight into the core values and strategic direction of the company, refer to: Mission Statement, Vision, & Core Values of The First of Long Island Corporation (FLIC).

The First of Long Island Corporation (FLIC) Liquidity and Solvency

Understanding The First of Long Island Corporation's (FLIC) financial health requires a close examination of its liquidity and solvency positions. Liquidity refers to the company's ability to meet its short-term obligations, while solvency indicates its ability to meet long-term obligations.

Here's an overview that will provide insights for investors:

Assessing The First of Long Island Corporation's Liquidity:

Analyzing liquidity involves looking at several key ratios and trends:

• Current and Quick Ratios: These ratios measure a company's ability to pay off its current liabilities with its current assets. A higher ratio generally indicates better liquidity.
• Analysis of Working Capital Trends: Monitoring changes in working capital (current assets minus current liabilities) can reveal whether a company's short-term financial health is improving or deteriorating.
• Cash Flow Statements Overview: Examining cash flow from operating, investing, and financing activities provides a comprehensive view of how The First of Long Island Corporation (FLIC) generates and uses cash.

For the fiscal year 2024, The First of Long Island Corporation (FLIC) reported the following:

The First of Long Island Corporation (FLIC) showcased a robust liquidity position with a current ratio of 1.11, slightly decreased from 1.15 in the prior year, suggesting a stable capacity to cover short-term liabilities with its current assets. The quick ratio, which excludes inventories from current assets, stood at 1.11 for 2024, consistent with the current ratio due to minimal inventory levels.

Cash Flow Analysis:

A review of the consolidated statements of cash flows for the years ended December 31, 2024, 2023, and 2022 reveals the following trends:

Net cash provided by operating activities was approximately $49.9 million in 2024, $44.7 million in 2023, and $48.4 million in 2022. This indicates consistent cash generation from its core business operations.

Net cash used in investing activities was approximately $20.7 million in 2024, $2.5 million in 2023, and $15.8 million in 2022. The increase in 2024 was primarily due to investment in securities.

Net cash used in financing activities was approximately $26.6 million in 2024, $43.4 million in 2023, and $27.3 million in 2022. These outflows are mainly attributed to dividends paid and stock repurchases.

Here’s a summary of The First of Long Island Corporation (FLIC) key financial data:

Any potential liquidity concerns or strengths should be considered in light of these figures, keeping in mind the specific industry and economic conditions prevailing at the time.

For further insights, you might find this resource helpful: Breaking Down The First of Long Island Corporation (FLIC) Financial Health: Key Insights for Investors

The First of Long Island Corporation (FLIC) Valuation Analysis

Determining whether The First of Long Island Corporation (FLIC) is overvalued or undervalued requires a multifaceted approach, considering various financial ratios, stock performance, and analyst estimates. Here's a breakdown of key valuation metrics:

Valuation Ratios:

• Price-to-Earnings (P/E) Ratio: As of April 2025, FLIC's P/E ratio is around 15.49.
• Price-to-Book (P/B) Ratio: The P/B ratio is 0.70.
• Enterprise Value-to-EBITDA (EV/EBITDA): FLIC's EV/EBITDA ratio is 0.00.

These ratios provide a snapshot of how the market values FLIC relative to its earnings, book value, and operational cash flow. Comparing these to industry averages can offer insights into whether the stock is trading at a premium or discount.

Stock Price Trends:

• The latest closing stock price for The First of Long Island was $10.95 as of April 17, 2025.
• The 52-week high is $15.03, and the 52-week low is $9.30.

Analyzing the stock's price movement over the past year, relative to its historical performance, helps in assessing market sentiment and potential growth trajectories.

Dividend Yield and Payout Ratios:

• FLIC's current dividend yield is approximately 7.8%.
• The annualized dividend payout is $0.84 per share.
• However, the payout ratio is high, at approximately 110.5%.

A high dividend yield can be attractive, but a payout ratio exceeding 100% may raise concerns about the sustainability of dividend payments.

Analyst Consensus:

• The consensus rating for FLIC is a 'Moderate Buy'.
• The average price target from analysts is $16.56.

Analysts' recommendations and price targets reflect their expectations for the stock's future performance, providing an external perspective on its valuation. The average price target represents 55.93% increase from the current price of $10.62.

Here is a summary of analyst ratings for FLIC:

Considering these factors collectively provides a comprehensive view on whether FLIC is fairly valued, overvalued, or undervalued. Breaking Down The First of Long Island Corporation (FLIC) Financial Health: Key Insights for Investors

The First of Long Island Corporation (FLIC) Risk Factors

Understanding the risks The First of Long Island Corporation (FLIC) faces is crucial for investors. These risks can stem from both internal vulnerabilities and external pressures, influencing the corporation's financial stability and future prospects. Here’s an overview of the key risk factors:

Industry Competition: The banking sector is intensely competitive. The First of Long Island Corporation (FLIC) faces competition from:

• Large national banks with greater resources.
• Regional banks expanding their footprint.
• Online-only banks and fintech companies offering innovative financial solutions.

This competition can pressure The First of Long Island Corporation (FLIC)'s profit margins and market share, potentially impacting its financial performance. To navigate these challenges, FLIC must differentiate itself through superior customer service, specialized products, or efficient operations.

Regulatory Changes: Banks are heavily regulated, and changes in laws and regulations can significantly affect The First of Long Island Corporation (FLIC). These include:

• Changes in capital requirements.
• Lending restrictions.
• Consumer protection laws.

Complying with new regulations can be costly and may require The First of Long Island Corporation (FLIC) to adjust its business practices, potentially affecting profitability. Staying ahead of regulatory changes and adapting proactively is essential.

Market Conditions: Economic downturns, interest rate fluctuations, and other market conditions can impact The First of Long Island Corporation (FLIC)'s performance. For example:

• Rising interest rates can reduce demand for loans.
• Economic recessions can increase loan defaults.
• Changes in the housing market can affect mortgage lending.

These external factors are often beyond The First of Long Island Corporation (FLIC)'s control, making it crucial to have robust risk management strategies and diversified revenue streams.

Operational Risks: Operational risks can disrupt The First of Long Island Corporation (FLIC)'s business and affect its financial health. These include:

• Cybersecurity threats.
• System failures.
• Fraud.
• Data breaches.

Investing in strong cybersecurity measures, robust IT infrastructure, and employee training can help mitigate these risks. According to the 2024 fiscal year data, financial institutions are increasingly targeted by cyberattacks, making this a critical area of focus.

Financial Risks: Financial risks involve credit risk, interest rate risk, and liquidity risk. Effective management is vital for stability:

• Credit Risk: The risk of borrowers defaulting on loans. Requires careful credit assessment and monitoring.
• Interest Rate Risk: The risk that changes in interest rates will negatively impact earnings. Requires strategies to hedge against rate fluctuations.
• Liquidity Risk: The risk of not having enough cash to meet obligations. Requires maintaining sufficient liquid assets and access to funding sources.

Strategic Risks: Strategic risks relate to decisions about The First of Long Island Corporation (FLIC)'s long-term goals and strategies. These include:

• Failed acquisitions.
• Poorly executed business plans.
• Inability to adapt to changing market dynamics.

Thorough planning, market research, and flexibility are essential to mitigate strategic risks. Keeping an eye on Mission Statement, Vision, & Core Values of The First of Long Island Corporation (FLIC). will also help the corporation move forward.

Mitigation Strategies: To address these risks, The First of Long Island Corporation (FLIC) likely employs various mitigation strategies. While specific details may be proprietary, common strategies include:

• Diversifying its loan portfolio to reduce credit risk.
• Using hedging instruments to manage interest rate risk.
• Investing in cybersecurity and IT infrastructure to protect against operational risks.
• Developing contingency plans to address unexpected events.

Regularly reviewing and updating these strategies is crucial to ensure they remain effective in a changing environment.

Understanding these risk factors is essential for investors in The First of Long Island Corporation (FLIC). By carefully monitoring these risks and the company’s mitigation strategies, investors can make more informed decisions.

The First of Long Island Corporation (FLIC) Growth Opportunities

For investors eyeing The First of Long Island Corporation (FLIC), understanding its future growth prospects is crucial. Several factors, including strategic initiatives and market positioning, suggest potential avenues for expansion and increased profitability.

Key growth drivers for FLIC include:

• Product Innovations: FLIC may be exploring new financial products or services to attract a broader customer base.
• Market Expansion: Geographic expansion into underserved markets could significantly boost FLIC's growth.
• Acquisitions: Strategic acquisitions of smaller financial institutions could quickly increase FLIC's market share and assets under management.

While specific revenue growth projections and earnings estimates require up-to-date financial analysis, examining FLIC's recent performance and industry trends can provide insights. Keep an eye on official financial reports and credible financial news sources for the most accurate figures.

Strategic initiatives and partnerships play a vital role in FLIC's growth trajectory. These may include:

• Technology Investments: Enhancing digital banking platforms and cybersecurity measures can attract tech-savvy customers and improve operational efficiency.
• Community Engagement: Strengthening ties with local communities through sponsorships and financial literacy programs can enhance FLIC's reputation and customer loyalty.
• Strategic Alliances: Collaborating with other financial institutions or fintech companies can expand FLIC's service offerings and reach new markets.

Competitive advantages are essential for sustaining growth in the financial industry. FLIC's potential strengths include:

• Strong Local Presence: Deep roots in the Long Island community provide a competitive edge over larger, less localized banks.
• Customer Relationships: Personalized service and long-standing relationships with customers can foster loyalty and repeat business.
• Efficient Operations: Streamlined processes and cost-effective operations can improve profitability and allow for reinvestment in growth initiatives.

For more detailed insights into FLIC's financial health, you can refer to this analysis: Breaking Down The First of Long Island Corporation (FLIC) Financial Health: Key Insights for Investors.