Astoria Financial (AF) Tops Q1 EPS by 1c

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Astoria Financial Corporation Reports 2016 First Quarter Earnings Per Common Share Of $0.16

April 27, 2016 5:08 PM EDT

LAKE SUCCESS, N.Y., April 27, 2016 /PRNewswire/ -- Astoria Financial Corporation (NYSE: AF) ("Astoria", or the "Company"), the holding company for Astoria Bank (the "Bank") today reported net income available to common shareholders of $16.4 million, or $0.16 diluted earnings per common share ("diluted EPS"), for the quarter ended March 31, 2016, compared to net income available to common shareholders of $17.1 million, or $0.17 diluted EPS, for the quarter ended March 31, 2015. 

Monte N. Redman, President and Chief Executive Officer of Astoria, commenting on the results stated, "While we are very pleased with the... More