The First Of Long Island Merges with ConnectOne

An announcement from The First Of Long Island ( (FLIC) ) is now available.

On June 1, 2025, The First of Long Island Corporation (FLIC) completed a merger with ConnectOne, resulting in significant changes to its corporate structure and stock listing status. As a result of the merger, FLIC’s common stock was converted into ConnectOne stock, and FLIC ceased to exist as an independent entity. The merger led to the delisting of FLIC from Nasdaq, and its directors and executive officers were replaced, with some joining ConnectOne’s board.

The most recent analyst rating on (FLIC) stock is a Buy with a $16.56 price target. To see the full list of analyst forecasts on The First Of Long Island stock, see the FLIC Stock Forecast page.

Spark’s Take on FLIC Stock

According to Spark, TipRanks’ AI Analyst, FLIC is a Neutral.

The overall stock score reflects significant financial challenges due to revenue and equity issues, partially offset by stable cash flow and reasonable valuation. The merger with ConnectOne is a positive strategic move that could improve the company’s market position.

To see Spark’s full report on FLIC stock, click here.

More about The First Of Long Island

Average Trading Volume: 72,851

Technical Sentiment Signal: Sell

Current Market Cap: $269.2M

For an in-depth examination of FLIC stock, go to TipRanks’ Stock Analysis page.