Clifton Savings Bancorp Inc. Announces its Selection to Sandler O’Neill + Partners’ 2009 Bank & Thrift Sm-All Stars
Clifton Savings Bancorp, Inc. (Nasdaq Global Select Market: CSBK), the
holding company of Clifton Savings Bank, announced today that Clifton
Savings Bancorp, Inc. was recently selected to the “2009 Bank & Thrift
“Sm-All Stars,” a list that identifies the top performing small-cap
banks and thrifts in the nation, by the investment banking firm Sandler
O’Neill + Partners, L.P.
Clifton Savings Bancorp, Inc. was named as one of the top 30 out of over
500 publicly traded banks and thrifts in the nation with a market cap of
less than $2 billion. The Sandler O’Neill + Partners, L.P. analysis
focused on growth, profitability, credit quality and capital strength.
A majority of the outstanding shares of Clifton Savings Bancorp, Inc.’s
common stock is owned by Clifton MHC, a mutual holding company. Four
mutual holding companies in the nation were named to the “Sm-All Stars”
list and Clifton Savings Bancorp, Inc. was the only one selected in New
Jersey.
Clifton Savings Bancorp, Inc., with consolidated assets of approximately
$1 billion, is the holding company for Clifton Savings Bank, a federally
chartered savings bank headquartered in Clifton, New Jersey. The bank
operates 10 full-service offices in Bergen and Passaic Counties in New
Jersey.
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