U.S. Markets close in 2 hrs 15 mins

The First of Long Island: 1Q Earnings Snapshot

GLEN HEAD, N.Y. (AP) _ The First of Long Island Corp. (FLIC) on Tuesday reported first-quarter profit of $10.8 million.

The bank, based in Glen Head, New York, said it had earnings of 43 cents per share.

The holding company for The First National Bank of Long Island posted revenue of $39 million in the period. Its revenue net of interest expense was $27.9 million, which fell short of Street forecasts.

The First of Long Island shares have increased 18% since the beginning of the year. The stock has fallen 13% in the last 12 months.

_____

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