The First of Long Island: 2Q Earnings Snapshot
GLEN HEAD, N.Y. (AP) _ The First of Long Island Corp. (FLIC) on Monday reported second-quarter profit of $10.3 million.
The Glen Head, New York-based bank said it had earnings of 40 cents per share.
The holding company for The First National Bank of Long Island posted revenue of $37.6 million in the period. Its revenue net of interest expense was $28.6 million, which fell short of Street forecasts.
The First of Long Island shares have fallen 14 percent since the beginning of the year. The stock has declined 12 percent in the last 12 months.