The First of Long Island Corporation is a bank holding company that provides comprehensive banking services to individuals, businesses, and professionals in the Long Island region of New York. Its personalized customer service established relationships with clients, and community presence are key advantages. The subsidiary of the company, The First National Bank of Long Island, operates with 41 offices in Long Island and assets worth USD 4.3 billion.
Comps: Ames National Corporation (Nasdaq:ATLO), Carter Bankshares, Inc. (Nasdaq:CARE)
In comparison to similar firms, The First of Long Island Corporation separates itself by its over 37% profit margin and nearly a 6% yield. Furthermore, its price-to-earnings ratio, return-on-equity, revenue, and net income are better than that of Ames National Corporation. Overall, key metrics offer reasonable value to investors.