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Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Astoria Financial Corporation
Industry Financial services
Fate Acquired by Sterling Bancorp
Founded 1888; 129 years ago (1888)
Defunct October 2, 2017; 43 days ago (October 2, 2017)
Headquarters Lake Success, New York
Area served
New York metropolitan area
Key people
Monte N. Redman, CEO
Ralph F. Palleschi, Chairman
Frank E. Fusco, CFO
Revenue Increase $0.454 billion (2016)
Net income
Decrease $0.071 billion (2016)
Total assets Decrease $14.558 billion (2016)
Total equity Increase $1.714 billion (2016)
Number of employees
1,328
Website www.astoriabank.com

Astoria Financial Corporation was a bank holding company based in Lake Success, New York. In 2017, the company was acquired by Sterling Bancorp.

As of December 31, 2016, the company's principal subsidiary, Astoria Bank, operated 88 locations.

In 1888, the bank was first chartered by New York State.

In 1936, the name was changed to Astoria Savings & Loan Association.

In 1937, the bank received a federal charter and became Astoria Federal Savings & Loan Association.

In 1989, George L. Engelke, Jr., was named president and chief executive officer of the company.

In 1993, Astoria Financial Corporation was created as part of the conversion from a mutual organization to a joint-stock company.

In 1995, the bank acquired Fidelity New York Savings Bank for $160 million in cash.

In 1997, the bank acquired Greater New York Savings Bank for $293 million in stock and cash.

In 1998, the bank acquired Long Island Savings Bank for $1.8 billion.

In 2012, George L. Engelke, Jr. resigned as chairman.

In 2017, the bank was acquired by Sterling Bancorp.

Investment goal date:
Dividends reinvested
Astoria Financial Corporation AF report Q2 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2017
2018-01-27
--
--
Q3 2017
2017-10-25
--
--
Q2 2017
2017-07-26
0.1600
0.1600
Q1 2017
2017-04-26
0.1200
0.1200
Q4 2016
2017-01-25
0.1400
0.1400
Q3 2016
2016-10-26
0.1600
0.1600
Q2 2016
2016-07-27
0.1600
0.1600
Q1 2016
2016-04-27
0.1600
0.1600
Q4 2015
2016-01-27
0.1600
0.1600
Q3 2015
2015-10-28
0.1700
0.1700
There is presents forecasts or rating agencies and recommendation for investors about this ticker
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Major Shareholders
Name Relationship
Total Shares
Holding stocks
HAEFFNER PETER C JR
0.0100% (6358)
AF /
% ()