First of Long Island Corp (FLIC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. First of Long Island Corp is a holding company which provides financial services through its subsidiary, The First National Bank of Long Island. It offers services of saving account and lending services to professionals, consumers and public bodies. First of Long Island Corp has a market cap of $721.550 million; its shares were traded at around $29.25 with a P/E ratio of 20.46 and P/S ratio of 6.91. The dividend yield of First of Long Island Corp stocks is 2.01%. First of Long Island Corp had annual average EBITDA growth of 6.80% over the past ten years. GuruFocus rated First of Long Island Corp the business predictability rank of 4-star.
For the last quarter First of Long Island Corp reported a revenue of $24.6 million, compared with the revenue of $24.34 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $103.4 million, an increase of 8.3% from last year. For the last five years First of Long Island Corp had an average revenue growth rate of 9% a year.
The reported diluted earnings per share was $1.43 for the year, an increase of 6.7% from previous year. Over the last five years First of Long Island Corp had an EPS growth rate of 7.8% a year. The First of Long Island Corp enjoyed an operating margin of 43.54%, compared with the operating margin of 41.81% a year before. The 10-year historical median operating margin of First of Long Island Corp is 37.42%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, First of Long Island Corp has the cash and cash equivalents of $69.7 million, compared with $36.9 million in the previous year. The long term debt was $423.8 million, compared with $379.2 million in the previous year. The interest coverage to the debt is 2.1, which is not a favorable level. First of Long Island Corp has a financial strength rank of 3 (out of 10).
At the current stock price of $29.25, First of Long Island Corp is traded at 80.6% premium to its historical median P/S valuation band of $16.20. The P/S ratio of the stock is 6.91, while the historical median P/S ratio is 3.81. The intrinsic value of the stock is $17.49 a share, according to GuruFocus DCF Calculator. The stock gained 6.82% during the past 12 months.
Directors and Officers Recent Trades:
- Executive Vice President Donald L Manfredonia sold 2,000 shares of FLIC stock on 03/07/2018 at the average price of $29. The price of the stock has increased by 0.86% since.
- Sr. Executive Vice President Mark D Curtis sold 1,800 shares of FLIC stock on 02/20/2018 at the average price of $28.13. The price of the stock has increased by 3.98% since.
For the complete 20-year historical financial data of FLIC, click here.
