First of Long Island Stock

First of Long Island Liabilities 2024

First of Long Island Liabilities

3.86 B USD

Ticker

FLIC

ISIN

US3207341062

WKN

769059

In 2024, First of Long Island's total liabilities amounted to 3.86 B USD, a -1.56% difference from the 3.92 B USD total liabilities in the previous year.

First of Long Island Aktienanalyse

What does First of Long Island do?

The First of Long Island Corp is a US financial company based in New York. The history of the company dates back to 1927 when the Bank of Long Island was founded. In 2013, this bank was renamed First National Bank of Long Island. The company itself was founded in 1985 as a holding company to consolidate holdings in various banks and financial service companies. The business model of the First of Long Island Corp is focused on providing financial services to customers in the Long Island region. The company specializes primarily in retail banking and middle market lending. Customers are served by the various subsidiaries of the company, which offer services such as banking, wealth management, insurance, and other financial services. The First of Long Island Corp operates in various segments. These include: - First National Bank of Long Island: The bank is the flagship of the company and offers comprehensive banking services such as accounts, loans, credit cards, online banking, and more. It has a large network of branches on Long Island. - The First Wealth Financial Group: This subsidiary offers wealth management and advisory services to individuals and businesses. Services include investment and retirement planning, tax planning, and more. - The First Insurance Agency: This subsidiary offers insurance services to individuals and businesses. It collaborates with various insurers and offers a wide range of insurance products. - The First Capital Advisors: This company offers investment and financial services to institutional clients. These include investment advisory, portfolio management, and more. Products offered by the First of Long Island Corp include: - Accounts: The bank offers various types of accounts, including checking accounts, savings accounts, and certificates of deposit. - Loans: The bank offers various types of loans, including business loans, mortgages, and consumer loans. - Credit cards: The bank offers various credit cards, including cards with rewards programs and special offers. - Insurance: The First Insurance Agency offers various insurance products such as life insurance, property and casualty insurance, and health insurance. Overall, the First of Long Island Corp is a solid financial company with a wide range of financial services for individuals and businesses. Especially for customers in the Long Island region, the company offers many advantages through its large number of branches and regional expertise. First of Long Island ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing First of Long Island's Liabilities

First of Long Island's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating First of Long Island's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing First of Long Island's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

First of Long Island's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in First of Long Island’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about First of Long Island stock

What is the level of liabilities of First of Long Island this year?

First of Long Island has a debt balance of 3.86 B USD this year.

What were the liabilities of First of Long Island compared to the previous year?

The liabilities of First of Long Island have increased by -1.56% dropped compared to the previous year.

What are the consequences of high debt for investors of First of Long Island?

High liabilities can pose a risk for investors of First of Long Island, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in First of Long Island?

Low liabilities mean that First of Long Island has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of First of Long Island affect the company?

An increase in liabilities of First of Long Island can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of First of Long Island affect the company?

A decrease in the liabilities of First of Long Island can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of First of Long Island?

Some factors that can influence the liabilities of First of Long Island include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of First of Long Island so important for investors?

The liabilities of First of Long Island are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can First of Long Island take to modify the liabilities?

To change its liabilities, First of Long Island can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does First of Long Island pay?

Over the past 12 months, First of Long Island paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, First of Long Island is expected to pay a dividend of 0.9 USD.

What is the dividend yield of First of Long Island?

The current dividend yield of First of Long Island is .

When does First of Long Island pay dividends?

First of Long Island pays a quarterly dividend. This is distributed in the months of November, January, April, August.

How secure is the dividend of First of Long Island?

First of Long Island paid dividends every year for the past 22 years.

What is the dividend of First of Long Island?

For the upcoming 12 months, dividends amounting to 0.9 USD are expected. This corresponds to a dividend yield of 6.64 %.

In which sector is First of Long Island located?

First of Long Island is assigned to the 'Finance' sector.

Wann musste ich die Aktien von First of Long Island kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First of Long Island from 7/18/2024 amounting to 0.21 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.

When did First of Long Island pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of First of Long Island in the year 2023?

In the year 2023, First of Long Island distributed 1.02 USD as dividends.

In which currency does First of Long Island pay out the dividend?

The dividends of First of Long Island are distributed in USD.

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Andere Kennzahlen von First of Long Island

Our stock analysis for First of Long Island Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First of Long Island Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.