QUOTE AND NEWS
Benzinga  Oct 20  Comment 
In a report published Monday, Bank of America analyst Kenneth Bruce reiterated an Underperform rating on Astoria Financial Corp. (NYSE: AF), but lowered the price target from $12.00 to $11.00. In the report, Bank of America noted, “AF's core...
SeekingAlpha  Oct 16  Comment 
By SA Transcripts: Astoria Financial Corporation (NYSE:AF) Q3 2014 Results Earnings Conference Call October 16, 2014, 10:00 AM ET Executives Ted Ayvas - VP of IR Monte Redman - President & CEO Frank Fusco - EVP & CFO ...
SeekingAlpha  Apr 17  Comment 
Astoria Financial (AF) Q1 2014 Earnings Conference Call April 17, 2014, 10:00 AM ET Executives Monte Redman - President and Chief Executive Officer Frank Fusco - Chief Financial Officer Analysts Collyn Gilbert - Keefe,...
TheStreet.com  Apr 11  Comment 
NEW YORK (TheStreet) -- Astoria Financial shares were downgraded to "sell" from "hold" by analysts at S&P Equity Research on Friday.The firm lowered its price target to $13 from $14. Astoria Financial is down -1.7% to $12.85 in early market...
Benzinga  Apr 11  Comment 
Benzinga  Mar 18  Comment 
In a report published Tuesday, Keefe, Bruyette & Woods analyst Collyn Gilbert downgraded the rating on Astoria Financial (NYSE: AF) from Outperform to Market Perform, and lowered the price target from $17.00 to $15.50. In the report, Keefe,...
Benzinga  Mar 18  Comment 
SeekingAlpha  Jan 30  Comment 
Astoria Financial (AF) Q4 2013 Earnings Call January 30, 2014 10:00 am ET Executives Monte N. Redman - Chief Executive Officer, President, Director, Chief Executive Officer of Astoria Federal Savings & Loan Association and President of...
StreetInsider.com  Jan 29  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Astoria+Financial+Corp.+%28AF%29+Tops+Q4+EPS+by+3c/9102383.html for the full story.
TheStreet.com  Jan 2  Comment 
NEW YORK (TheStreet) -- Astoria Financial has been growing its multifamily and commercial real estate loan portfolio at a strong pace, and KBW analyst Brian Kleinhanzl expects the company to "benefit from higher long-term rates in multiple...
Forbes  Dec 30  Comment 
Shareholders of Astoria Financial Corp. (NYSE: AF) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the January 2014 covered call at the $15 strike and collect the premium based on the 15 cents bid, which...
SeekingAlpha  Nov 29  Comment 
By Ashleigh Rogers: Astoria Financial (AF) is a small (~$1.4B market cap) thrift operating in the New York City area. The firm is one of the most interesting small financials I follow because it has a lot going for it (geographic location, extreme...




 
TOP CONTRIBUTORS

Astoria Financial Corporation operates as the holding company for Astoria Federal Savings and Loan Association that provides various banking services in the United States. The company offers various deposit accounts, including passbook and statement savings accounts, money market accounts, NOW and demand deposit accounts, liquid certificates of deposits, and certificates of deposit. It also provides a range of loans, which include one-to-four family mortgage loans; multi-family and commercial real estate loans; construction loans for various residential properties and certain commercial real estate properties; and consumer and other loans, including home equity lines of credit, as well as overdraft protection, commercial loans, passbook loans, and student loans. The company, through other subsidiaries, operates as a life insurance agency, and property and casualty insurance broker. As of December 31, 2007, it operated 86 banking offices. The company was founded in 1888 and is headquartered in Lake Success, New York.[1]

Company Overview

Astoria Federal’s primary business is attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, primarily in different types of loans (mortgage, real estate, etc), mortgage-backed securities, and government issued securities.[2]

Business and Financial Metrics

Loan Portfolio Composition[2]
2007 2006 2005 2004 2003
Mortgage Loans $15,683,351 $14,442,077 $13,797,653 $12,676,307 $12,180,804
Consumer and Other Loans $356,821 $430,790 $502,504 $507,288 $430,146





References

  1. Yahoo! Profile for ASTORIA FINL CORP.
  2. 2.0 2.1 AF 2007 Annual Report  

--Jaechung 07:04, October 22, 2008 (PDT)--Jaechung 07:04, October 22, 2008 (PDT)

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