RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
First of Long Island - Stock

First of Long Island ROE 2024

First of Long Island ROE

0.07

Ticker

FLIC

ISIN

US3207341062

WKN

769059

In 2024, First of Long Island's return on equity (ROE) was 0.07, a -46.36% increase from the 0.13 ROE 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.

ROE Details

Decoding First of Long Island's Return on Equity (ROE)

First of Long Island's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing First of Long Island's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

First of Long Island's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in First of Long Island’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about First of Long Island Stock

What is the ROE (Return on Equity) of First of Long Island this year?

The ROE of First of Long Island this year is 0.07 undefined.

How has the Return on Equity (ROE) of First of Long Island developed compared to the previous year?

The ROE of First of Long Island has increased by -46.36% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of First of Long Island?

A high ROE indicates that First of Long Island generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of First of Long Island?

A low ROE can indicate that First of Long Island is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of First of Long Island affect the company?

A change in ROE (Return on Equity) of First of Long Island can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of First of Long Island?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of First of Long Island?

Some factors that can influence First of Long Island's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does First of Long Island pay?

Over the past 12 months, First of Long Island paid a dividend of 0.84 USD . This corresponds to a dividend yield of about 8.64 %. 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 8.64 %.

When does First of Long Island pay dividends?

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

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 9.23 %.

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 3/21/2024 amounting to 0.21 USD, you needed to have the stock in your portfolio before the ex-date on 3/12/2024.

When did First of Long Island pay the last dividend?

The last dividend was paid out on 3/21/2024.

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.