Astoria Financial Corporation http://www.alacrastore.com/company-snapshot/Astoria_Financial_Corporation-1001331 Wednesday, October 08, 2008 4:34:22 AM 1001331 Astoria Financial Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/PRN-0005-28124142newstex/PRN-0005-28124142xml LAKE SUCCESS, N.Y., Sep. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Astoria Financial Corporation (NYSE: AF), announced that it expects to report third quarter #### earnings on Wednesday, October ##, #### at approximately...0400000004006000040160000401601804016048040160019/17/2008 4:20:42 PM180000001800400018008000190000001900100019001032PR Newswire USPRN-0005-28124142ASTORIA FINANCIAL CORPGEORGE L ENGELKE JRAFNewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/T1931626ccbn/T1931626norm... - Lehman Bros. - AnalystOur next presentation is Astoria Financial Corporation. Monte Redman was named President last year. He has been with the Company over ## years and has been the CFO since their IPO in ####. It's interesting how over the years following Astoria since it became public, many people have said, why don't you do this, why don't you invest in that? Right now, the principal protection of Astoria's strategy is looking pretty indeed. ... 9/10/2008 1:05:00 PMAstoria Financial Corporation54.0000FinalAstoria Financial Corporation at Lehman Brothers Global Finance Services Conference TranscriptAF9:45am ETTranscriptT1931626Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/670312spcred/670312normThe latest News from S&Pglobalstructuredpubfin9/9/2008 6:31:00 PM100News670312United StatesThrifts & Mortgage FinanceUnited StatesGlobal IssuersStructured FinancePublic FinanceFinancial InstitutionsAsset-Backed SecuritiesCommercial MBSResidential MBSNewsNEW YORK (Standard&Poor's) Sept. 9, 2008--Standard&Poor's Ratings Services said today there are no ratings implications for Astoria Financial Corp. (Astoria; BBB/Stable/--) in light of the company's disclosure that it will likely need to take an other-than-temporary impairment charge on its Freddie Mac preferred securities in third–quarter 2008. As of June 30, 2008, Astoria owned Freddie Mac preferred stock with a book value of $83.7 million. We expect that the write-down will be a substantial portion of the securities' book value, given the elimination of dividends and sharp decline in market value for these securities. Further, we expect that Astoria may post a small net loss during for the third quarter as a result of the write-down.USA04626540102010 401020 4010 40Astoria Financial Corp.308526USAAFNEWSUSA3128X23128X43129023129043129223133F03133T23133T73133TU3134A13137EA31392K31393K31393R31394R31394W31394Y31395GU313773128X53128X63128X73129053129073129163129243129253133F13133F23133MT3133T33133T431340031340Y31393M31394L31394N40429X3128X03128X13133TC3134A23134A33134A431392V31393W31394G31394T31395E31395F3128X331290331292331339Q3133T131392U31393Q31394H31394J31394X31395A40102010 401020 4010 40Freddie Mac120771ASIAEUROMIDAFRUSAEMERGINGLATAMERICAFREGLOBISSSTRUCPUBFINFIABSCMBSRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/398728_report_framefitch/398728_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Astoria Capital Trust IAstoria Federal Savings & Loan AssociationAstoria Financial Corporation8009022080090221800916408/29/2008 10:19:00 AM0101000001010100425Full Rating ReportAF398728_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/398730_report_framefitch/398730_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Astoria Capital Trust IAstoria Federal Savings & Loan AssociationAstoria Financial Corporation8009022080090221800916408/29/2008 10:19:00 AM0101000001010100165Credit UpdateAF398730_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/cs/72373cs/72373norm U.S. Banks: #Q## Earnings Review - More Boosterism from Capital/Spreads Banks performance was mixed, with some high profile names doing better than expected, others worse Credit quality worsened, and banks did not signal much hope...723734673YesD0Article3491132838338417348128233941535311403523301194351403419342341142923833623734711593348983431125corp423033Capital Structure7/31/2008 1:05:48 PM1502Q08 U.S. bank earnings were mostly lower, although several banks beat lower expectations. Credit quality still developing negatively. Capital raising, dividend cuts, asset sales helped to offset balance sheet pressures72373Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/fitch/427198_pr_framefitch/427198_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Astoria Capital Trust IAstoria Federal Savings & Loan AssociationAstoria Financial Corporation8009022080090221800916407/25/2008 2:17:00 PM010100000101010085Press ReleaseAF427198_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/ccbn/B1881621ccbn/B1881621norm...As anticipated, these results were achieved due to a significant improvement in net interest margin. ... 7/17/2008 12:07:00 PMAstoria Financial Corporation54.0000EditedQ2 2008 Astoria Financial Corporation Earnings Conference Call SummaryAF10:00am ETBriefB1881621Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1881621ccbn/T1881621norm...Good day, and welcome to Astoria Financial Corporation's second quarter #### earnings conference call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. (OPERATOR INSTRUCTIONS). Today's call is being recorded. Today's conference call includes several forward-looking statements which are intended to be covered under the Safe Harbor provision for forward-looking statements contained in the Private Securities Litigation Reform Act of ####. Such forward-looking statements are within the meaning of the Section ##-A of the Securities Act of #### as amended. And Section ## E of the securities Exchange Act of #### as amended. A discussion of the Risk Factors associated with the use of forward-looking statements is outlined on Page # of our second quarter #### earnings release which is available on our website or may be obtained from the Company upon request. It is now my pleasure to turn the conference... 7/17/2008 12:07:00 PMAstoria Financial Corporation54.0000FinalQ2 2008 Astoria Financial Corporation Earnings Conference Call TranscriptAF10:00am ETTranscriptT1881621Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-26712826newstex/PRN-0005-26712826xml LAKE SUCCESS, N.Y., Jul. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Astoria Financial Corporation (NYSE: AF) ("Astoria," the "Company"), the holding company for Astoria Federal Savings and Loan Association ("Astoria Federal"),...0400000004006000140000001400600004016000040160480401601804016001040160470401601904016009040040000400400304009000040090037/16/2008 5:17:50 PM180000001800400018008000180120001801300018011000190000001900100019001032PR Newswire USPRN-0005-26712826ASTORIA FINANCIAL CORPGEORGE L ENGELKE JRAFNewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/T1803189ccbn/T1803189norm...Good day, and welcome to Astoria Financial Corporation's first quarter #### earnings conference call. At this time all participants have been placed in listen-only mode, and the floor will be open for your questions following the presentation. (OPERATOR INSTRUCTIONS) Today's call is being recorded. Today's conference call includes several forward-looking statements which are intended to be covered under the Safe Harbor provision for forward-looking statements contained in the Private Securities Litigation Reform Act of ####. Such forward-looking statements are within the meaning of section ##A of the Securities Act of #### as amended and section #E of the Securities Exchange Act of #### as amended. A discussion of the risk factors associated with the use of forward-looking statements are outlined on pages five and six of our first quarter #### earnings release which is available on our website, or may be obtained from the Company upon request. It is now my pleasure to turn the conference... 7/16/2008 4:55:29 PMAstoria Financial Corporation54.0000Q1 2008 Astoria Financial Corporation Earnings Conference CallAF10:00AM ETTranscriptT1803189Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B1803189ccbn/B1803189norm...#Q## results were tempered by accelerated loan premium amortization due to significantly elevated residential mortgage loan prepayments. ... 7/16/2008 4:55:25 PMAstoria Financial Corporation54.0000Q1 2008 Astoria Financial Corporation Earnings Conference CallAF10:00AM ETBriefB1803189Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/659374spcred/659374normThe latest Full Report from S&Pglobalstructured7/14/2008 12:01:00 PM400Full Report659374United StatesThrifts & Mortgage FinanceUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsResidential MBSFull ReportSolid deposit market share in desirable Long Island and New York City counties Lower risk asset profile, although nonperforming assets (NPAs) have risen from low levels Concentration in single-family mortgage lending Weak earnings power and lack of revenue diversification Aggressive capital management Standard&Poor's Ratings Services' ratings on Astoria Financial (Astoria) consider the company's longstanding, solid position in the New York City metropolitan area branch-banking markets and its generally low-risk loan profile. However, credit concerns factored into the rating include Astoria's weak earnings power and thin net interest margin (NIM), its modest capital levels, and its lack of earnings diversification. Furthermore, despite Astoria's good asset quality performance during the past several years, NPAs are trending up. The rating incorporatesUSA04626540102010 401020 4010 40Astoria Financial Corp.308526USAAFFULLUSA04626K40102010 401020 4010 4040301020 403010 4030 40Astoria Federal Savings&LoanAstoria Capital Trust I308525340351USA7106Z17098ZGLOBISSSTRUCFIRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/659378spcred/659378normThe latest Summary from S&Pstructuredglobal7/14/2008 12:01:00 PM175Summary659378United StatesThrifts & Mortgage FinanceUnited StatesGlobal IssuersStructured FinanceFinancial InstitutionsResidential MBSSummaryStandard&Poor's Ratings Services' ratings on Astoria Financial (Astoria) consider the company's longstanding, solid position in the New York City metropolitan area branch-banking markets and its generally low-risk loan profile. However, credit concerns factored into the rating include Astoria's weak earnings power and thin net interest margin (NIM), its modest capital levels, and its lack of earnings diversification. Furthermore, despite Astoria's good asset quality performance during the past several years, NPAs are trending up. The rating incorporates the assumption that asset quality will deteriorate moderately but not substantially in this housing and credit downturn. We could lower the rating if NPAs become worse than we expect. With $21 billion in assets, Astoria, through its main bank subsidiary Astoria FederalUSA04626540102010 401020 4010 40Astoria Financial Corp.308526USAAFSUMMARYUSA40102010 401020 4010 40Astoria Federal Savings&Loan308525USA7106ZGLOBISSSTRUCFIRMBSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1870583ccbn/T1870583norm... - Fox-Pitt Kelton - AnalystOkay, we are going to get started with our next presenter here. I'm Tom Alonso with Fox-Pitt; it's my pleasure to introduce our next presenting company, Astoria Financial. We have George Engelke, Monte Redmann and Peter Cunningham here so I'd like to thank you for taking the time to present and with that, I will turn it over to you guys. ... 6/17/2008 4:04:00 PMAstoria Financial Corporation54.0000FinalAstoria Financial Corporation at Fox-Pitt, Kelton Inc. Small Mid-Cap Bank and Insurance Conference TranscriptAF10:25am ETTranscriptT1870583Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/cs/68449cs/68449norm U.S. Banks: #Q## Earnings Review - Winter of Discontent, Springing Share Offerings Banks performance was mostly better sequentially, but still pressured on an absolute basis Provisions higher across-the-board as housing market meltdown...684494601YesD0Article349113283833889811403483524153533513393301194403419342341142923833634711252371159334343corp74423032Mortgages33Capital Structure4/30/2008 5:06:26 AM1501Q08 U.S. bank earnings were somewhat better sequentially, but showed of increasing pressure on credit quality. Conserving and raising was a key theme68449Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/PR_153176_71513moodys/PR_153176_71513htmlGlobal Credit Research Rating Action ## APR #### Rating Action: Astoria Federal Savings & Loan Association Moody's changes outlook on Astoria Financial to negative New York, April ##, #### -- Moody's Investors Service changed the outlook...4/15/2008 12:26:18 AMhtmlAstoria Federal Savings & Loan AssociationAstoria Capital Trust IAstoria Financial CorporationAstoria Capital Trust I; Astoria Federal Savings & Loan Association; ...71513600050554600045332150.0000NewsRating ActionPR_153176_71513Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1771716ccbn/T1771716norm... - Keefe, Bruyette & Woods, Inc. - AnalystOkay. It looks like we're ready to get started. The next presenter is Astoria Financial. As many of you know, it's one of the largest remaining independent thrifts in the Metro New York region. It's a fairly simple business model, a company that's fairly well positioned as well to benefit from the steepening yield curve. With us today we have the Company's Chairman and CEO, George Engelke, the newly-anointed CFO, Frank Fusco, up front. And many of you know Peter Cunningham from Investor Relations who's sitting in the back of the room. So, George? ... 2/27/2008 7:06:00 PMAstoria Financial Corporation54.0000FinalAstoria Financial Corporation at Keefe, Bruyette & Woods, Inc. Regional Bank Conference TranscriptAF1:45pm ETTranscriptT1771716Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B1727016ccbn/B1727016norm1/24/2008 2:08:00 PMAstoria Financial Corporation54.0000EditedQ4 2007 Astoria Financial Corporation Earnings Conference Call SummaryAF10:00am ET... after-tax, non-cash charge of $##.#m in #Q##, relating to Freddie Mac preferred stock. ... BriefB1727016Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1727016ccbn/T1727016norm1/24/2008 12:05:00 PMAstoria Financial Corporation54.0000FinalQ4 2007 Astoria Financial Corporation Earnings Conference Call TranscriptAF10:00am ET...Good day and welcome to Astoria Financial Corporation's fourth-quarter and full-year #### earnings conference call. At this time, all participants have been placed in a listen-only mode, and the floor will be open for your questions following the presentation. (OPERATOR INSTRUCTIONS). Today's call is being recorded. Today's conference call includes several forward-looking statements which are intended to be covered under the Safe Harbor provision for forward-looking statements contained in the Private Securities Litigation Reform Act of ####. Such forward-looking statements are within the meaning of Section ##-A of the Securities Act of #### as amended and Section ##-E of the Securities Exchange Act of #### as amended. A discussion of the risk factors associated with the use of forward-looking statements are outlined on Pages # and # of our fourth-chord #### earnings release, which is available on our Web site or may be obtained from the Company upon request. It is now my pleasure to turn... TranscriptT1727016Credit & Investment ResearchThomson StreetEvents