First of Long Island (NASDAQ:FLIC) & Its Peers Financial Comparison

First of Long Island (NASDAQ: FLIC) is one of 310 publicly-traded companies in the “Banks” industry, but how does it compare to its rivals? We will compare First of Long Island to similar businesses based on the strength of its earnings, risk, analyst recommendations, dividends, profitability, institutional ownership and valuation.

Profitability

This table compares First of Long Island and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
First of Long Island 28.36% 10.81% 0.96%
First of Long Island Competitors 18.65% 8.26% 0.93%

Valuation and Earnings

This table compares First of Long Island and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
First of Long Island $113.50 million $30.88 million 19.83
First of Long Island Competitors $5.52 billion $831.28 million 402.17

First of Long Island’s rivals have higher revenue and earnings than First of Long Island. First of Long Island is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

First of Long Island has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500. Comparatively, First of Long Island’s rivals have a beta of 0.80, meaning that their average stock price is 20% less volatile than the S&P 500.

Dividends

First of Long Island pays an annual dividend of $0.60 per share and has a dividend yield of 2.1%. First of Long Island pays out 41.7% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 35.2% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of current ratings for First of Long Island and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First of Long Island 0 1 1 0 2.50
First of Long Island Competitors 2417 8752 8769 369 2.35

First of Long Island currently has a consensus target price of $31.50, suggesting a potential upside of 10.33%. As a group, “Banks” companies have a potential downside of 11.67%. Given First of Long Island’s stronger consensus rating and higher probable upside, equities research analysts plainly believe First of Long Island is more favorable than its rivals.

Insider & Institutional Ownership

53.6% of First of Long Island shares are owned by institutional investors. Comparatively, 51.9% of shares of all “Banks” companies are owned by institutional investors. 4.8% of First of Long Island shares are owned by insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

First of Long Island beats its rivals on 8 of the 15 factors compared.

First of Long Island Company Profile

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). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services. Its loan portfolio consists of loans to borrowers on Long Island and in the boroughs of New York City, and its real estate loans are secured by properties located in those areas. It has an Investment Management Division that provides investment management, pension trust, personal trust, estate and custody services. Additionally, the Bank has two commercial banking branches in Manhattan.

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