| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
101 |
| Employees |
1,501 |
| Revenues (TTM) (Millions $) |
383 |
| Net Income (TTM) (Millions $) |
67 |
| Cash Flow (TTM) (Millions $) |
-26 |
| Capital Exp. (TTM) (Millions $) |
3 |
Business Description
Astoria Financial Corp was a New York-based bank holding company that primarily operated through its subsidiary, Astoria Bank. The company provided various financial products and services to individuals and businesses, including savings and checking accounts, loans, mortgages, and investment services.
Astoria Financial Corp focused on serving the communities in the greater New York metropolitan area, particularly in Long Island. The bank had a network of branches and ATMs in various locations, ensuring convenient access to its customers.
The company had a strong emphasis on personalized customer service, aiming to build long-term relationships with its clients. It catered to the needs of different customer segments, including individuals, families, and businesses of all sizes.
In 2017, Astoria Financial Corp merged with Sterling Bancorp, a bank holding company based in Montebello, New York. The merger created a larger banking institution with increased resources and capabilities to serve the customers better.
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