The First of Long Island stock (US3210561022): investors watch dividend profile after latest quarterly update

Regional bank The First of Long Island has reported another quarterly update and continues to emphasize its dividend profile and conservative balance sheet, drawing attention from income-focused investors in the US banking sector.

The First of Long Island, the holding company behind community bank First National Bank of Long Island, recently reported its latest quarterly figures and reaffirmed its dividend, putting the focus back on profitability, margins and capital strength for this Long Island–focused lender, according to a press release published on the company’s investor relations site on 04/25/2025 and additional coverage from Nasdaq as of 05/10/2025.

As of: 17.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: The First of Long Island Corporation
• Sector/industry: Regional banking, financial services
• Headquarters/country: Glen Head, New York, United States
• Core markets: Long Island and greater New York metropolitan area
• Key revenue drivers: Net interest income from loans and securities, fee income from retail and commercial banking services
• Home exchange/listing venue: Nasdaq (ticker: FLIC)
• Trading currency: US dollar (USD)

The First of Long Island: core business model

The First of Long Island operates as a community-focused regional bank serving individuals, small businesses and professionals primarily in Long Island and the New York metropolitan area. Its main subsidiary, First National Bank of Long Island, offers traditional deposit products, residential and commercial mortgages and various commercial lending solutions.

The bank’s model is centered on collecting deposits from local customers and redeploying this funding into loans and securities with the aim of generating net interest income. This spread between interest earned on assets and interest paid on deposits is a key profit driver and makes the bank sensitive to changes in Federal Reserve policy and the broader US rate environment.

Alongside interest income, The First of Long Island earns fee-based revenue from services such as account maintenance, payment processing and other banking services. Though smaller than national peers, the bank positions itself as a stable, relationship-driven institution, which can matter to US investors looking at community banks with established local franchises.

Main revenue and product drivers for The First of Long Island

For The First of Long Island, the loan book composition is a central driver of earnings. A significant portion of lending typically consists of commercial real estate loans, residential mortgages and commercial and industrial credit to local businesses. The mix between fixed and variable rate loans influences how quickly the bank’s income reacts to rate changes.

On the funding side, checking, savings and time deposits from retail and business clients form the core liability base. The cost of these deposits has been moving in response to the tightening and subsequent stabilization of US interest rates, affecting the bank’s net interest margin, as described in its quarterly materials released on 04/25/2025 on the investor relations website The First of Long Island investor relations as of 04/25/2025.

Another relevant factor is the investment securities portfolio, which can include US government and agency bonds and other fixed-income instruments. Unrealized gains or losses on these holdings, especially in a volatile rate environment, can influence reported equity and regulatory capital ratios, metrics closely watched by regulators and bank investors alike.

Conclusion

The First of Long Island represents a traditional US community banking story with a focus on Long Island and the New York region. Recent quarterly disclosures and the maintained dividend underline management’s emphasis on income stability and capital discipline, while also highlighting sensitivity to interest rate dynamics. For US and international investors following regional banks, the stock offers insight into how smaller lenders navigate funding costs, loan demand and regulatory requirements in a changing rate and economic environment without departing from a conservative, relationship-driven business model.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.