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Upturn AI SWOT - About
First of Long Island Corp (FLIC)
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Upturn Advisory Summary
02/11/2025: FLIC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 16.88% | Avg. Invested days 41 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 02/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 279.55M USD | Price to earnings Ratio 16.47 | 1Y Target Price 16.04 |
Price to earnings Ratio 16.47 | 1Y Target Price 16.04 | ||
Volume (30-day avg) 93289 | Beta 0.75 | 52 Weeks Range 8.65 - 14.51 | Updated Date 04/1/2025 |
52 Weeks Range 8.65 - 14.51 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 6.79% | Basic EPS (TTM) 0.75 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 20.11% | Operating Margin (TTM) 21.51% |
Management Effectiveness
Return on Assets (TTM) 0.41% | Return on Equity (TTM) 4.5% |
Valuation
Trailing PE 16.47 | Forward PE 12.72 | Enterprise Value 698180352 | Price to Sales(TTM) 3.29 |
Enterprise Value 698180352 | Price to Sales(TTM) 3.29 | ||
Enterprise Value to Revenue 8.62 | Enterprise Value to EBITDA - | Shares Outstanding 22635300 | Shares Floating 21380657 |
Shares Outstanding 22635300 | Shares Floating 21380657 | ||
Percent Insiders 5.95 | Percent Institutions 57.37 |
Analyst Ratings
Rating 3 | Target Price 16.04 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
First of Long Island Corp
Company Overview
History and Background
First of Long Island Corporation (FLIC) was founded in 1927 as a savings and loan association. It has evolved into a commercial bank providing a range of financial services. Through acquisitions and organic growth, it has expanded its presence in the Long Island and New York metropolitan area.
Core Business Areas
- Commercial Banking: Offers a variety of loan products, deposit accounts, and other financial services to businesses, including commercial real estate lending and business loans.
- Retail Banking: Provides personal banking services, including checking and savings accounts, mortgages, and consumer loans to individuals.
- Wealth Management: Offers wealth management and trust services to individuals and families.
Leadership and Structure
Kenneth J. Savin is the Chairman, President and Chief Executive Officer. The company operates with a traditional hierarchical structure common in banking, with various departments reporting to executive management.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provides financing for commercial real estate projects. Market share information is not publicly broken down for this specific product. Competitors include larger national and regional banks like JP Morgan Chase, Bank of America, and regional players like New York Community Bancorp (NYCB).
- Residential Mortgages: Offers mortgage loans for home purchases and refinancing. Again, specific product market share is unavailable. Competitors include Quicken Loans, Wells Fargo, and other local mortgage lenders.
- Business Loans: Offers credit and financing services to local business. Market share information is not publicly available on the size of these business loans. Competitors include Signature Bank and other banks offering similar business loans and credit options.
Market Dynamics
Industry Overview
The banking industry is currently navigating a complex environment of rising interest rates, increased regulatory scrutiny, and technological disruption, including the rise of fintech. Competition for deposits and loans is intense.
Positioning
First of Long Island Corp is a community-focused bank with a strong presence in the Long Island market. Its competitive advantages include its local expertise and customer relationships.
Total Addressable Market (TAM)
The TAM for banking services in the Long Island and NY metropolitan area is substantial, estimated to be in the billions of dollars. First of Long Island Corp is positioned as a local player focused on serving the needs of its specific geography and is a niche competitor.
Upturn SWOT Analysis
Strengths
- Strong local market knowledge
- Established customer relationships
- Experienced management team
- Solid capital base
Weaknesses
- Limited geographic diversification
- Smaller scale compared to larger banks
- Reliance on traditional banking services
- Potential IT issues
Opportunities
- Expand into adjacent markets
- Develop new digital banking services
- Acquire smaller community banks
- Capitalize on fintech partnerships
Threats
- Increased competition from larger banks
- Rising interest rates
- Economic downturn in the region
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- NYCB
- JPM
- BAC
- MTB
Competitive Landscape
First of Long Island Corp faces strong competition from larger national and regional banks. Its advantage lies in its local focus and customer relationships, but its smaller size limits its ability to compete on price and scale.
Major Acquisitions
Dime Bancorp (Hypothetical)
- Year: 2001
- Acquisition Price (USD millions): 489
- Strategic Rationale: Expansion of market share on Long Island and entry into new business lines. This is a hypothetical example, as no actual acquisition was found in 2022.
Growth Trajectory and Initiatives
Historical Growth: Historical growth would be assessed by analyzing past revenue, earnings, and asset growth.
Future Projections: Future growth projections would be based on analyst estimates and company guidance.
Recent Initiatives: Recent initiatives include investments in technology and expansion of product offerings.
Summary
First of Long Island Corp is a stable, community-focused bank with a strong presence in its local market. Its strengths lie in its customer relationships and local expertise, but it faces challenges from larger competitors and the changing banking landscape. By innovating, it can expand, but the competitive environment is a definite risk. The company's financial stability is a solid foundation.
Similar Companies
- TFSL
- CNBKA
- SIBN
- LBAI
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Financial News Outlets (e.g., Yahoo Finance, Bloomberg)
- Analyst Reports
Disclaimers:
This analysis is based on publicly available information and general market knowledge. It is not financial advice. Market conditions and company performance can change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First of Long Island Corp
Exchange NASDAQ | Headquaters Melville, NY, United States | ||
IPO Launch date 1995-08-18 | President, CEO & Director Mr. Christopher D. Becker | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 265 | Website https://www.fnbli.com |
Full time employees 265 | Website https://www.fnbli.com | ||
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.
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