The First of Long Island: Q4 Earnings Snapshot
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Audio By Carbonatix
2:18 PM on Thursday, January 30
The Associated Press
MELVILLE, N.Y. (AP) — MELVILLE, N.Y. (AP) — The First of Long Island Corp. (FLIC) on Thursday reported net income of $3.2 million in its fourth quarter.
The bank, based in Melville, New York, said it had earnings of 14 cents per share.
The holding company for The First National Bank of Long Island posted revenue of $44.3 million in the period. Its revenue net of interest expense was $21.2 million, surpassing Street forecasts.
For the year, the company reported profit of $17.1 million, or 75 cents per share. Revenue was reported as $85.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLIC at https://www.zacks.com/ap/FLIC