U.S. Markets closed

The First of Long Island posts 4Q profit

GLEN HEAD, N.Y. (AP) _ The First of Long Island Corp. (FLIC) on Tuesday reported fourth-quarter earnings of $7.6 million.

The Glen Head, New York-based bank said it had earnings of 30 cents per share. Earnings, adjusted for non-recurring costs, came to 35 cents per share.

The holding company for The First National Bank of Long Island posted revenue of $30.7 million in the period. Its adjusted revenue was $24.6 million.

For the year, the company reported profit of $35.1 million, or $1.43 per share. Revenue was reported as $103.4 million.

The First of Long Island shares have declined 1 percent since the beginning of the year. The stock has risen 1 percent 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