First Of Long Island traded at $10.88 this Tuesday April 9th, increasing $0.12 or 1.12 percent since the previous trading session. Looking back, over the last four weeks, First Of Long Island gained 4.65 percent. Over the last 12 months, its price fell by 14.67 percent. Looking ahead, we forecast First Of Long Island to be priced at 10.55 by the end of this quarter and at 9.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). The Bank serves the financial needs of small and medium-sized businesses, professionals, consumers, municipalities and other organizations primarily in Nassau and Suffolk Counties, Long Island, and the boroughs of New York City (NYC). The Bank’s loan portfolio is primarily comprised of loans to borrowers on Long Island and in the boroughs of NYC, and its real estate loans are secured by properties located in those areas. The Bank offers other services to its customers, including account reconciliation services, healthcare remittance automation, official checks, instant issue debit cards, payroll services, bank by mail, lock box services, positive pay, cash management services, collection services, controlled disbursement accounts and others. It has approximately 46 branch locations.