O primeiro da Long Island Corporation (FLIC): 5 forças Análise [Jan-2025 Atualizada]

No cenário dinâmico do setor bancário regional, a primeira da Long Island Corporation (FLIC) navega em um complexo ecossistema de forças competitivas que moldam seu posicionamento estratégico. À medida que os serviços financeiros evoluem rapidamente em 2024, entender a intrincada interação de energia do fornecedor, dinâmica do cliente, rivalidade de mercado, substitutos em potencial e barreiras de entrada se torna crucial para decifrar a vantagem competitiva da FLIC. Esta análise de mergulho profundo da estrutura das Five Forces de Michael Porter revela os desafios e oportunidades diferenciados que a instituição financeira de Long Island enfrenta um ambiente bancário cada vez mais digital e competitivo.

O primeiro da Long Island Corporation (FLIC) - As cinco forças de Porter: Power de fornecedores de fornecedores

Provedores regionais de tecnologia bancária

Custos de troca e dinâmica do fornecedor

FLIC Encontros custos de comutação moderados estimados em US $ 1,2 milhão Para transições do sistema bancário principal.

• Tempo médio de implementação: 8 a 12 meses
• Despesas de transição estimadas: US $ 750.000 - US $ 1,5 milhão
• Duração típica do contrato: 3-5 anos

Software de conformidade e relatório regulatório

Os provedores de software de relatórios regulatórios mantêm controle de mercado concentrado com alternativas limitadas.

Fatores de alavancagem de negociação

A presença do mercado regional da FLIC fornece Alavancagem de negociação moderada com gastos anuais estimados de tecnologia de US $ 3,7 milhões.

• Contratos totais de fornecedores de tecnologia: 18
• Duração média do relacionamento do fornecedor: 4,2 anos
• Intervalo de desconto negociado: 7-12%

O primeiro da Long Island Corporation (FLIC) - Five Forces de Porter: Power de clientes de clientes

Os clientes têm várias alternativas bancárias na região de Long Island

A partir de 2024, Long Island possui 108 instituições bancárias que operam na região, fornecendo aos clientes extensas opções alternativas para serviços financeiros.

Custos de comutação baixos para serviços bancários pessoais e comerciais

A troca de custos para serviços bancários em média de US $ 25 a US $ 75 por transferência de conta, representando uma barreira financeira mínima para os clientes.

Sensibilidade ao preço no mercado bancário competitivo

• Taxas de juros médias para contas de poupança: 0,45% - 1,25%
• Taxas de manutenção da conta verificando: US $ 5 - US $ 15 mensalmente
• Taxas de juros de empréstimos pessoais: 6,5% - 12,5%

Aumentando as expectativas do cliente para experiências bancárias digitais

As taxas de adoção bancária digital em Long Island alcançaram 87% Em 2024, com clientes exigindo plataformas sofisticadas on -line e móveis bancárias.

Lealdade moderada do cliente devido à abordagem bancária comunitária personalizada

A FLIC mantém uma taxa de retenção de clientes de 73% através de serviços bancários personalizados no mercado de Long Island.

• Duração média do relacionamento do cliente: 6,2 anos
• Classificação de satisfação do cliente: 4.3/5
• Serviços bancários personalizados oferecidos: 12 programas exclusivos

O primeiro da Long Island Corporation (FLIC) - Five Forces de Porter: Rivalidade Competitiva

Concorrência intensa de instituições bancárias regionais e nacionais

A partir do quarto trimestre de 2023, a FLIC enfrenta a concorrência de 27 instituições bancárias no mercado de Long Island, com os ativos bancários regionais totais avaliados em US $ 42,3 bilhões.

Presença de vários bancos comunitários no mercado de Long Island

O mercado bancário de Long Island inclui 12 bancos comunitários com ativos combinados superiores a US $ 18,6 bilhões.

• Tamanho médio de ativo bancário comunitário: US $ 1,55 bilhão
• Número de bancos comunitários com ativos abaixo de US $ 500 milhões: 5
• Número de bancos comunitários com ativos acima de US $ 1 bilhão: 7

Pressão competitiva de instituições financeiras maiores

Instituições financeiras maiores com ativos acima de US $ 50 bilhões exercem pressão competitiva significativa, representando 68% do mercado regional bancário.

Diferenciação através de serviço personalizado

O FLIC mantém um Taxa de retenção de clientes de 87,4%, indicando um forte posicionamento do mercado local.

Fusões estratégicas e aquisições

O setor bancário regional testemunhou 14 transações de fusão e aquisição em 2023, com o valor total da transação atingindo US $ 3,2 bilhões.

• Valor médio da transação de fusão: US $ 228,6 milhões
• Número de fusões transfrontiais: 6
• Número de fusões intra-regionais: 8

O primeiro da Long Island Corporation (FLIC) - Five Forces de Porter: ameaça de substitutos

Crescer plataformas bancárias digitais e alternativas de fintech

A partir do quarto trimestre 2023, as plataformas bancárias digitais representavam US $ 1,8 trilhão no valor total da transação. As alternativas da Fintech capturaram 14,3% da participação de mercado bancário tradicional, com crescimento projetado de 22,5% ao ano.

Aplicativos bancários móveis

Os aplicativos bancários móveis atingiram 1,75 bilhão de usuários globais em 2023, com 67% dos millennials exclusivamente usando plataformas bancárias móveis.

• Downloads de aplicativos bancários móveis aumentaram 32,4% em 2023
• Valor médio da transação através de aplicativos móveis: $ 487
• Autenticação do usuário através de tecnologias biométricas: 53%

Provedores de serviços financeiros não tradicionais

Os provedores não tradicionais capturaram US $ 620 bilhões em receita de serviços financeiros em 2023, representando um aumento de 16,7% em relação a 2022.

Sistemas de criptomoeda e pagamento digital

A capitalização de mercado da criptomoeda atingiu US $ 1,7 trilhão em 2023, com o Bitcoin representando 42% do valor total de mercado.

Robo-Advisores e Plataformas de Investimento Online

As plataformas de consultoria robótica administraram US $ 460 bilhões em ativos até o final de 2023, com uma taxa média anual de crescimento de 25,3%.

• Tamanho médio da conta: $ 58.000
• Taxa de adoção do usuário: 11,5% do mercado de investimentos
• Taxa média anual de gerenciamento: 0,25%

O primeiro da Long Island Corporation (FLIC) - Five Forces de Porter: Ameanda de novos participantes

Barreiras regulatórias para instituições bancárias

A partir de 2024, o Federal Reserve exige requisitos mínimos de capital de US $ 10 milhões para cartas bancárias de novo. Os custos de conformidade da Lei de Reinvestimento da Comunidade variam entre US $ 50.000 e US $ 250.000 anualmente para novas instituições bancárias.

Requisitos de capital para entrada de mercado

Conformidade e paisagem regulatória

Custos de conformidade regulatória para novos bancos:

• Implementação de Basileia III: US $ 300.000 a US $ 750.000
• Sistemas de lavagem de dinheiro: US $ 250.000 a US $ 500.000
• Infraestrutura de segurança cibernética: US $ 400.000 a US $ 800.000

Requisitos de infraestrutura tecnológica

Os custos de desenvolvimento da plataforma bancária digital variam de US $ 1,5 milhão a US $ 3,5 milhões. A implementação do sistema bancário principal em média de US $ 2,1 milhões para novos bancos regionais.

Desafios de estabelecimento bancários regionais

Os dados do FDIC indicam que apenas três novas cartas bancárias foram aprovadas em 2023, em comparação com 7 em 2022. A taxa de sucesso para novos pedidos bancários é de aproximadamente 12,5% a partir de 2024.

The First of Long Island Corporation (FLIC) - Porter's Five Forces: Competitive rivalry

You're looking at a market, Long Island and the greater NYC area, that is absolutely saturated with financial institutions. This density translates directly into fierce competitive rivalry for The First of Long Island Corporation, even as it transitions into the larger ConnectOne Bancorp entity.

The rivalry here isn't just about the big players; it's intensely local. Direct rivals include a mix of much larger regional banks-the super-regionals with national platforms-and a host of smaller, relationship-focused community banks. For community banks like the former FLIC, the fiercest competition for core services like commercial lending and deposit gathering often comes from similar-sized institutions that understand the local nuances. Still, the larger entities bring scale that smaller banks struggle to match.

To be fair, products across the board are largely undifferentiated in the traditional sense. When core offerings like checking accounts or standard commercial loans look the same on paper, competition inevitably shifts to price-loan rates and deposit yields-which squeezes margins. This pressure is evident in the standalone performance of The First of Long Island Corporation; its net income for the first quarter of 2025 was $3.8 million, a notable step down from the $4.4 million reported in the first quarter of 2024. That $3.8 million figure, reported on March 31, 2025, reflects the tight operating margins inherent in this highly competitive environment.

The industry consolidation, signaled by the merger focus, is a direct response to these rivalry pressures. The successful merger of The First of Long Island Corporation into ConnectOne Bancorp, completed around June 1, 2025, is a clear indicator of the need for greater scale to compete effectively. The combined ConnectOne entity now boasts approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans. This combination aims to create one of the top 5 community banks on Long Island by deposit market share, suggesting that survival and growth depend on achieving this critical mass.

The struggle to differentiate is real, especially against digital-first competitors who use product 'featurization'-like offering early access to direct deposits-to win customers. For community banks, capability gaps persist; for instance, surveys show that 40% of these institutions struggle to offer competitive loan rates, and over 35% cannot provide the high-yield savings options customers are looking for.

Here's a quick look at the financial context leading into the merger, which highlights the margin pressure:

The competitive environment forces strategic moves, leading to the integration we just saw. The former FLIC leadership joining the ConnectOne Board, including Christopher Becker as Vice Chairman, is an attempt to bring local relationship expertise to the larger platform to better combat these competitive forces.

The key competitive factors you must watch now that the merger is complete include:

• Maintaining deposit share against larger regional banks.
• Leveraging the new scale to close product capability gaps.
• Defending against nonbank lenders in specialized segments.
• Controlling integration costs post-merger.
• Sustaining local customer loyalty during brand transition.

Finance: draft the pro-forma efficiency ratio for the combined entity for Q2 2025 by Friday.

The First of Long Island Corporation (FLIC) - Porter's Five Forces: Threat of substitutes

The threat of substitutes for The First of Long Island Corporation (FLIC) is substantial, driven by digital alternatives offering superior pricing and convenience for core banking and wealth services. You see this pressure across deposits, payments, lending, and asset management.

Online-only banks offer superior deposit rates, a defintely strong substitute.

Online-only banks directly challenge FLIC's deposit base by offering Annual Percentage Yields (APYs) that are multiples of the national average. For instance, the national average savings account yield as of November 26, 2025, was only 0.62% APY. This gap forces customers to move cash out of traditional accounts to capture better returns. For context, FLIC's Net Interest Margin (NIM) for the nine months ending September 30, 2024, was 1.83%.

Fintech platforms substitute traditional payment and lending services.

Fintechs are capturing significant transaction volume and lending activity through digital-first experiences. The U.S. fintech market size is projected to be valued at $95.2 Bn in 2025. Payment services represent the dominant segment, accounting for over 35% share of this market in 2025. On the lending side, about 46% of U.S. consumers used digital lending or finance apps in 2025. The global fintech lending market itself is valued at $590 billion in 2025.

Credit unions and non-bank lenders compete for small business financing.

While banks remain the largest source of small business loans, non-bank lenders and credit unions are aggressively taking share, especially in areas where community banks might be slower to adapt. Nationally, credit unions approved 15% of small business loans in 2025, while online lenders captured 30% of the market. This is despite credit union commercial loan portfolios having ballooned by 217% since 2014. For New York specifically, SBA loan providers funded a total volume of $1.1 billion across 4,388 businesses in FY 2023.

• Small bank full approval rate (2023): 52%.
• Credit union full approval rate (2023): 51%.
• Online lender full approval rate (2023): 31%.
• Credit union denial rate (2023): 24%.

Brokerage firms substitute wealth management and trust services.

The wealth management sector is seeing a structural shift away from traditional bank-affiliated models toward independent Registered Investment Advisors (RIAs), which are often housed within or affiliated with brokerage platforms. The global wealth management market size is expected to reach $2.1 trillion in 2025. This shift is a direct substitute for the trust and advisory services FLIC offers. For example, the RIA sector saw a 66% increase in Financial Advisor (FA) count between 2012 and 2022, while the four major wirehouses saw a 10% drop. Projections suggest RIA growth could cause the combined market share of Merrill Lynch, Wells Fargo, UBS, and Morgan Stanley to fall from 34.1% to 27.7%.

You need to monitor how FLIC's NIM performance compares to peers like First Bancorp, which reported a Q3 2025 NIM of 2.70%, driven by a total liability cost of 3.21% for the nine months ending September 30, 2025.

Finance: model the deposit outflow risk based on the top HYSA rates versus the current cost of funds for Q4 2025 by Friday.

The First of Long Island Corporation (FLIC) - Porter's Five Forces: Threat of new entrants

You're looking at the barriers for a new bank to set up shop in The First of Long Island Corporation (FLIC)'s market, and honestly, the hurdles are steep. High regulatory capital requirements act as a primary barrier to entry. New entrants must meet stringent minimum capital ratios to even start operating. For instance, the minimum capital requirement is 4.5 percent Common Equity Tier 1, with a 6 percent Tier 1 capital requirement and an 8 percent total capital requirement.

The scale of existing players shows the financial muscle required. The First of Long Island Corporation (FLIC)'s last traded market cap was $269.21 million. While FLIC was acquired in mid-2025, this figure reflects the valuation scale in the local market that a new entrant would need to compete against, even if they start smaller.

New bank charters are complex and time-consuming to obtain. The application process itself is a major deterrent. The total cost to prepare an application often exceeds seven figures. Furthermore, application and licensing expenses alone can range from $500,000 to $1 million, excluding the necessary capital reserve to actually operate. The timeframe for receiving all required regulatory approvals often takes well in excess of a year, though some recent approvals have been granted in about a year. Even a conditionally approved de novo bank in late 2025, like Erebor Bank, faced conditions including enhanced scrutiny for three years and a minimum 12% Tier 1 leverage ratio.

Here's a quick look at the financial commitment regulators demand from new banks:

Digital-only banks (neobanks) pose a threat by avoiding branch costs. They are growing fast, which means they can undercut established players on overhead. The global neobanking market is projected to grow from $210.16 billion in 2025 to $3,406.47 billion by 2032. In North America specifically, the market was valued at $47,833.68 million in 2024 and is expected to grow at a CAGR of 46.4% through 2031. This digital shift means new, lean competitors can enter the market without the massive fixed costs of physical locations.

Still, establishing local brand loyalty takes years, protecting FLIC somewhat, even post-merger. Consumers in established markets often stick with what they know, especially for complex services. However, the threat is clear from consumer behavior trends:

• Global digital banking users total about 3.6 billion.
• Approximately 1.4 billion people remain completely unbanked globally.
• About 30 percent of Gen Z and Millennial customers use digital banks as primary options.

This shows where new entrants will focus their efforts for growth.