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2016-04-27T00:00:00.000Z

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Wrong Monte Redman?

Mr. Monte Redman N.

President and Chief Executive Officer

ASTORIA FINANCIAL CORP

Direct Phone: (516) ***-****       

Email: m***@***.com

ASTORIA FINANCIAL CORP

One Astoria Bank Plaza

Lake Success, New York 11042

United States

Company Description

Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association, and its consolidated subsidiaries (collectively referred to as Astoria Federal). Astoria Federal’s primary business ... more

Find other employees at this company (787)

Background Information

Affiliations

Board Member
Tourette Syndrome Association , Inc.

Committee
Compensation

Member
Community Bankers' Association of New York State Accounting and Tax Committee

Education

B.S.
Accounting
New York Institute of Technology

Ph.D.

Web References (198 Total References)


Welcome to Long Island Tourette Association

www.li-tsa.org [cached]

At a ceremony on December 14th, Monte Redman, CEO of Astoria Bank, Founding Sponsor for the National Tourette Association Center of Excellence at North Shore-LIJ Health System presented funding in the amount of $100,000 to the Center.

...
Monte Redman
CEO-Astoria Bank;


Welcome to Long Island Tourette Association

www.li-tsa.org [cached]

At a ceremony on December 14th, Monte Redman, CEO of Astoria Bank, Founding Sponsor for the National Tourette Association Center of Excellence at North Shore-LIJ Health System presented funding in the amount of $100,000 to the Center.

...
Monte Redman
CEO-Astoria Bank;


Welcome to Long Island Tourette Association

www.li-tsa.org [cached]

At a ceremony on December 14th, Monte Redman, CEO of Astoria Bank, Founding Sponsor for the National Tourette Association Center of Excellence at North Shore-LIJ Health System presented funding in the amount of $100,000 to the Center.

...
Monte Redman
CEO-Astoria Bank;


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

www.prnewswire.com [cached]

Monte N. Redman, President and Chief Executive Officer of Astoria, commenting on the results stated, "While we are very pleased with the continued growth that we have seen in both core and business deposits, we remain disappointed by the lack of net growth in our loan portfolio.

...
Mr. Redman stated, "The current quarter's loan loss release reflects our overall strong credit metrics and the continued contraction in the overall loan portfolio including the positive impact of reductions in the balances of some of our higher risk asset classes."
Non-interest income for the quarter ended March 31, 2016 totaled $11.4 million, compared to $13.5 million for the previous quarter and $12.9 million for the 2015 first quarter. These decreases are primarily due to decreases in mortgage banking (loss) income, net and customer service fees.
General and administrative ("G&A") expense for the quarter ended March 31, 2016 totaled $69.5 million down from $74.5 million for the previous quarter and $70.1 million the 2015 first quarter. Mr. Redman commented, "The decrease in our G&A expense from the prior quarter is largely the result of a decrease of merger related expenses in the first quarter compared to the 2015 fourth quarter."
...
Commenting on the Company's future outlook, Mr. Redman stated, "As we previously announced on October 29, 2015, we have entered into a definitive agreement to merge with New York Community Bancorp ("NYCB") which was approved by the respective shareholders of Astoria and NYCB at their recent shareholder meetings.


Shareholders Approve the Proposed Merger of Astoria Financial Corporation with and into New York Community Bancorp, Inc. | Business Wire

feeds.businesswire.com [cached]

At Astoria Financial's special meeting, which also was held this morning, Monte N. Redman, President and Chief Executive Officer of Astoria, commented, "I want to thank the shareholders of Astoria Financial Corporation for the overwhelming support they have shown regarding our plan to merge with NYCB.

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