Astoria Financial Corporation To Participate In The 2012 FBR Fall
Investor Conference
LAKE SUCCESS, N.Y.,
Nov. 21, 2012 /PRNewswire/
-- Astoria Financial Corporation (NYSE: AF), announced that it
will participate in the 2012 FBR Fall Investor Conference on
Tuesday, November 27, 2012.
Astoria's President and Chief
Executive Officer, Monte N. Redman,
will participate in an interview with Robert H. Ramsey, CFA, Vice President and
Research Analyst at FBR Capital Markets & Co. The
interview, at 11:15 a.m. ET, will
focus on the mortgage market, including the company's growth
strategies in multi-family/commercial real estate lending and
business banking.
A simultaneous webcast of the interview will be available on the
Company's website, www.astoriafederal.com, and archived through
Friday, December 7, 2012. The slide
presentation for the conference will also be available.
Astoria Financial Corporation, with assets of $17.0 billion, is the holding company for Astoria
Federal Savings and Loan Association. Established in 1888,
Astoria Federal, with deposits in New
York totaling $10.5 billion,
is the largest thrift depository in New
York and embraces its philosophy of "Putting people
first" by providing the customers and local communities it
serves with quality financial products and services through 85
convenient banking office locations and multiple delivery channels,
including its enhanced website, www.astoriafederal.com.
Astoria Federal commands the fourth largest deposit market share in
the attractive Long Island market,
which includes Brooklyn,
Queens, Nassau, and Suffolk counties with a population exceeding
that of 38 individual states. Astoria Federal originates
residential mortgage loans through its banking and loan production
offices in New York, a broker
network in four states, primarily along the East Coast, and through
correspondent relationships covering nine states and the District
of Columbia. Astoria Federal also originates multi-family and
commercial real estate loans, primarily on rent controlled and rent
stabilized apartment buildings, located in New York City and the metropolitan area.
The webcast and slide presentation referenced in this news
release may contain a number of forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements may be identified by the use of such
words as "anticipate," "believe," "could," "estimate," "expect,"
"intend," "may," "outlook," "plan," "potential," "predict,"
"project," "should," "will," "would," and similar terms and
phrases, including references to assumptions.
Forward-looking statements are based on various assumptions
and analyses made by us in light of our management's experience and
perception of historical trends, current conditions and expected
future developments, as well as other factors we believe are
appropriate under the circumstances. These statements are not
guarantees of future performance and are subject to risks,
uncertainties and other factors (many of which are beyond our
control) that could cause actual results to differ materially from
future results expressed or implied by such forward-looking
statements. These factors include, without limitation, the
following: the timing and occurrence or non-occurrence of events
may be subject to circumstances beyond our control; there may be
increases in competitive pressure among financial institutions or
from non-financial institutions; changes in the interest rate
environment may reduce interest margins or affect the value of our
investments; changes in deposit flows, loan demand or real estate
values may adversely affect our business; changes in accounting
principles, policies or guidelines may cause our financial
condition to be perceived differently; general economic conditions,
either nationally or locally in some or all areas in which we do
business, or conditions in the real estate or securities markets or
the banking industry may be less favorable than we currently
anticipate; legislative or regulatory changes, including the
implementation of the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010, and any actions regarding foreclosures may
adversely affect our business; transition of our regulatory
supervisor from the Office of Thrift Supervision to the Office of
the Comptroller of the Currency and the Board of Governors of the
Federal Reserve Board, or FRB; effects of changes in existing U.S.
government or government-sponsored mortgage programs; technological
changes may be more difficult or expensive than we anticipate;
success or consummation of new business initiatives may be more
difficult or expensive than we anticipate; or litigation or other
matters before regulatory agencies, whether currently existing or
commencing in the future, may be determined adverse to us or may
delay the occurrence or non-occurrence of events longer than we
anticipate. We have no obligation to update any forward-looking
statements to reflect events or circumstances after the date of
this document.
SOURCE Astoria Financial Corporation