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First of Long Island Corp. Value Stock - Dividend - Research Selection

First of long island

ISIN: US3207341062 , WKN: 769059

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Description of the company

The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to privately owned businesses, professionals, consumers, public bodies, and other organizations. Its deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as personal and non-personal money market and savings products. The company\'s loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction loans, and commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans. It also offers account reconciliation services, ACH origination, ATM banking and deposit automation, bank by mail, bill payment, cash management services, collection services, controlled disbursement accounts, foreign currency sales and purchases, healthcare remittance automation, debit cards, lock box services, merchant credit card services, and mobile capture services, as well as mutual funds, annuities, and life insurance. In addition, the company provides night depository services, payroll services, personal money orders, remote deposit, safe deposit boxes, securities transactions, signature guarantee services, travelers checks, investment management and trust services, domestic and international wire transfers, and withholding tax depository services, as well as drive-through, mobile, online, and telephone banking services. It operates through a network of 37 full service branches, 10 commercial banking offices and 2 select service banking centers in New York. The First of Long Island Corporation was founded in 1927 and is based in Glen Head, New York.

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NEWS


ConnectOne Bancorp to Acquire The First of Long Island for $284M

2024-09-09
CNOB is set to acquire FLIC for $284 million in an all-stock deal to expand its presence in Long Island. It is set to be 36% accretive to 2025 earnings.

FIRST OF LONG ISLAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The First of Long Island Corporation - FLIC

2024-09-07
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of The First of Long Island Corporation to ConnectOne...

ConnectOne to expand in NY with $284M deal

2024-09-06
The New Jersey-based bank aims to create a premier middle-market bank focused on the greater New York metro area following its merger with The First of Long Island Corp.

FLIC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of the First of Long Island Corporation Is Fair to Shareholders

2024-09-05
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The First of Long Island Corporation to ConnectOne Bancorp, Inc. for 0.5175 shares of ConnectOne common stock for...

ConnectOne Bancorp to buy First of Long Island in $284 million deal

2024-09-05
The deal will create a combined bank with about $14 billion in total assets and bolster ConnectOne's presence in New York City. First of Long Island shareholders will receive 0.5175 shares of ConnectOne for each held, valuing the lender at $12.40 per share, based on ConnectOne's last close. The offer represents a 0.8% discount to First of Long Island's last close.

ConnectOne Bancorp to merge with First of Long Island in $284M deal

2024-09-05
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ConnectOne Bancorp, Inc. to Expand on Long Island Through Merger with The First of Long Island Corporation

2024-09-05
ENGLEWOOD CLIFFS, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) ("ConnectOne or “Company"), parent company of ConnectOne Bank, and The First of Long Island Corporation (Nasdaq: FLIC) (“First of Long Island”), parent company of The First National Bank of Long Island, jointly announced today that they have entered into a definitive agreement pursuant to which First of Long Island will merge with and into ConnectOne. The combined company will operate under the Con

ConnectOne Bancorp, Inc. to Expand on Long Island Through Merger with The First of Long Island Corporation

2024-09-05
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ConnectOne Bancorp, First of Long Island enter $284M merger agreement

2024-09-05
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Best Income Stocks to Buy for September 4th

2024-09-04
TMICY, FLIC and PCB made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 4, 2024.