Fitch Affirms Astoria Fin'l's IDRs at 'BBB-'/'F3' Following Peer Review; Outlook Stable

April 7, 2015 6:36 PM

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(The following statement was released by the rating agency) NEW YORK, April 07 (Fitch) Fitch Ratings has affirmed the long- and short-term Issuer Default Ratings (IDRs) of Astoria Financial Corporation and its principal banking subsidiary, Astoria Bank, at 'BBB-'/'F3'.

The Rating Outlook is Stable. A full list of ratings actions is provided at the end of this release. Fitch reviewed AF as part of its Niche Bank Peer Review, which also includes Dime Community Bancshares, Inc., Emigrant Bancorp, Inc., and New York Community Bancorp, Inc. Niche banks are defined by t...

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