Yahoo Finance Astoria - Financial Business

Yahoo Finance’s Astoria profile offers a snapshot of Astoria Financial Corporation, a former savings and loan holding company headquartered in Lake Success, New York. Although Astoria Financial was acquired by New York Community Bancorp (NYCB) in 2017, the Yahoo Finance page remains a valuable resource for historical data and insights into the company’s performance during its independent existence.

The page typically provides essential financial information, including:

Stock Price History: Charts and data tables showing the historical trading prices of Astoria Financial’s stock (ASB) over various periods (daily, weekly, monthly, annually). This is useful for analyzing past performance and understanding market trends during Astoria’s time as a public company.
Key Statistics: Ratios and financial metrics like price-to-earnings (P/E ratio), earnings per share (EPS), dividend yield (if applicable), market capitalization, and beta. These statistics provided a quick overview of Astoria’s financial health and investment attractiveness compared to its peers.
Financial Statements: Access to Astoria’s historical income statements, balance sheets, and cash flow statements. These documents are critical for conducting in-depth financial analysis and understanding the company’s revenue, expenses, assets, liabilities, and cash flows.
Analyst Ratings: Summaries of analyst recommendations (buy, sell, hold) and price targets for Astoria’s stock, which reflect professional opinions on the company’s future prospects. However, it’s important to note that these ratings are now historical, reflecting opinions prior to the acquisition.
News and Headlines: A collection of news articles and press releases related to Astoria Financial, covering events such as earnings announcements, acquisitions, and strategic initiatives. This provides context for understanding the factors that influenced Astoria’s stock price and financial performance.
Company Profile: A brief description of Astoria Financial’s business, including its primary activities, target markets, and competitive landscape. This information helps investors understand the company’s core operations.

Even though Astoria Financial no longer exists as an independent entity, the historical data available on Yahoo Finance remains relevant for several reasons:

Benchmarking: The data can be used as a benchmark for evaluating the performance of other savings and loan institutions or regional banks.
Merger and Acquisition Analysis: Examining Astoria’s financial performance and stock price leading up to its acquisition can provide insights into the dynamics of mergers and acquisitions in the banking sector.
Historical Research: Researchers and academics may use the data to study trends in the banking industry or to analyze the impact of economic conditions on financial institutions.
Understanding NYCB’s Strategy: Analyzing Astoria’s business model and financial performance can help investors understand the rationale behind New York Community Bancorp’s acquisition and the potential benefits it sought to achieve.

While Yahoo Finance provides a wealth of information, it’s crucial to remember that the data is historical. Analyst ratings and future projections are no longer applicable. Users should focus on using the information to understand Astoria’s past performance and its role in the broader financial landscape.