Brief: First Of Long Island Corp Q3 Earnings Per Share $0.39

First of Long Island

30/10/2018 16:48

Oct 30 (Reuters) - First of Long Island Corp  FLIC.O :
    * THE FIRST OF LONG ISLAND CORPORATION ANNOUNCES 14.3%
INCREASE IN
NET INCOME AND 9.7% INCREASE IN EPS FOR THE FIRST NINE MONTHS OF
2018
    * Q3 EARNINGS PER SHARE $0.39
    * Q3 EARNINGS PER SHARE VIEW $0.41 -- THOMSON REUTERS
I/B/E/S
    * QUARTERLY NET INTEREST MARGIN IS EXPECTED TO INCREASE IN
Q4.
    * QTRLY CASH DIVIDENDS PER SHARE INCREASED 13.3% TO $.17
FROM $.15
    * STEPS TAKEN TO REDUCE MARGIN COMPRESSION HAVE BEEN
EFFECTIVE AND
ADDITIONAL STEPS ARE LIKELY
    * QTRLY NET INTEREST INCOME $25.3 MILLION VERSUS $24.7
MILLION
    * MEASURES DESIGNED TO STABILIZE, IMPROVE NET INTEREST
MARGIN AND
REDUCE EXPENSES INCLUDE RESTRUCTURING SECURITIES PORTFOLIO

Source text for Eikon:  ID:nGNX8dW5Dt 
Further company coverage:  FLIC.O 

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