New York Community Bancorp, Inc. (NYSE:NYCB) (the “Company”) today
announced that President and Chief Executive Officer Joseph R. Ficalora
will speak about the Company’s proposed merger with Astoria Financial
Corporation (NYSE:AF) and other recent strategic actions at the 17th
Annual Credit Suisse Financial Services Forum and the 2016 KBW Financial
Services Symposium, both of which will be held in Florida this month.
Mr. Ficalora’s presentation at the Credit Suisse Forum in Miami Beach
will commence at 11:00 a.m. Eastern Standard Time (EST) on Tuesday,
February 9th, and will be simultaneously webcast at the Company’s
Investor Relations web site, ir.myNYCB.com.
A replay of the webcast will be available later in the day and will be
archived, together with the accompanying PowerPoint slides, through
February 23, 2016.
Mr. Ficalora’s presentation at the KBW Symposium in Boca Raton will
commence at 11:10 a.m. EST on Thursday, February 11th, and will be
simultaneously webcast at ir.myNYCB.com.
A replay of the webcast will be available later in the day and will be
archived, together with the accompanying PowerPoint slides, through
February 25, 2016.
About New York Community Bancorp, Inc.
One of the largest U.S. bank holding companies, with assets of $50.3
billion, New York Community Bancorp, Inc. is a leading producer of
multi-family loans on non-luxury, rent-regulated apartment buildings in
New York City, and the parent of New York Community Bank and New York
Commercial Bank. With deposits of $28.4 billion and 258 branches in
Metro New York, New Jersey, Florida, Ohio, and Arizona, the Company also
ranks among the largest depositories in the United States.
Reflecting its growth through a series of acquisitions, the Community
Bank currently operates through seven local divisions, each with a
history of service and strength: Queens County Savings Bank, Roslyn
Savings Bank, Richmond County Savings Bank, and Roosevelt Savings Bank
in New York; Garden State Community Bank in New Jersey; Ohio Savings
Bank in Ohio; and AmTrust Bank in Florida and Arizona. Similarly, New
York Commercial Bank currently operates 18 of its 30 New York-based
branches under the divisional name Atlantic Bank. Additional information
about the Company and its bank subsidiaries is available at www.myNYCB.com
and www.NewYorkCommercialBank.com.
Cautionary Statement Regarding Forward-Looking
Information
The information to be presented at the conferences mentioned herein and
in other related communications may contain certain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements include, but are not limited to,
the expected completion date, financial benefits, and other effects of
the proposed merger of the Company and Astoria Financial.
Forward-looking statements can be identified by the use of the words
“anticipate,” “expect,” “intend,” “estimate,” “target,” and other words
of similar import. Forward-looking statements are not historical facts
but, instead, express only management’s beliefs regarding future results
or events, many of which, by their nature, are inherently uncertain and
outside of management’s control. It is possible that actual results and
outcomes may differ, possibly materially, from the anticipated results
or outcomes indicated in these forward-looking statements.
Factors that may cause such a difference include, but are not limited
to, the reaction to the transaction of the companies’ customers,
employees, and counterparties; customer disintermediation; inflation;
expected synergies, cost savings, and other financial benefits of the
proposed transaction might not be realized within the expected time
frames or might be less than projected; the requisite stockholder and
regulatory approvals for the proposed transaction might not be obtained;
credit and interest rate risks associated with the Company’s and Astoria
Financial’s respective businesses, customers, borrowings, repayment,
investment, and deposit practices, and general economic conditions,
either nationally or in the market areas in which the Company and
Astoria Financial operate or anticipate doing business, are less
favorable than expected; new regulatory or legal requirements or
obligations; and other risks and important factors that could affect the
Company’s and Astoria Financial’s future results are identified in their
Annual Reports on Form 10-K for the year ended December 31, 2014 and
other reports filed with the SEC.
Forward-looking statements are made only as of the date of the
conferences mentioned and in other related communications, and neither
the Company nor Astoria Financial undertakes any obligation to update
any forward-looking statements contained therein to reflect events or
conditions after the date hereof.
Important Additional Information
This communication is being made in respect of the proposed merger
transaction involving the Company and Astoria Financial. The Company has
filed a registration statement on Form S-4 with the SEC, which includes
a joint proxy statement of Astoria Financial and the Company and a
prospectus of the Company, and each party will file other documents
regarding the proposed transaction with the SEC. A definitive joint
proxy statement/prospectus will also be sent to shareholders of Astoria
Financial and of the Company seeking any required stockholder approvals. Before
making any voting or investment decision, investors and security holders
of Astoria Financial and the Company are urged to carefully read the
entire registration statement and joint proxy statement/prospectus, as
well as any amendments or supplements to these documents, because they
will contain important information about the proposed transaction.
The documents filed by the Company and Astoria Financial with the SEC
may be obtained free of charge at the SEC’s website at www.sec.gov.
In addition, the documents filed by the Company may be obtained free of
charge at its website at http://ir.mynycb.com/
and the documents filed by Astoria Financial may be obtained free of
charge at its website at http://ir.astoriabank.com/.
Alternatively, these documents, when available, can be obtained free of
charge from the Company upon written request to New York Community
Bancorp, Inc., Attn: Corporate Secretary, 615 Merrick Avenue, Westbury,
New York 11590 or by calling (516) 683-4420, or from Astoria Financial
upon written request to Astoria Financial Corporation, Attn: Monte N.
Redman, President, One Astoria Bank Plaza, Lake Success, New York 11042
or by calling (516) 327-3000.
The Company, Astoria Financial, their directors, executive officers, and
certain other persons may be deemed to be participants in the
solicitation of proxies from the Company’s and Astoria Financial’s
stockholders in favor of the approval of the merger. Information about
the directors and executive officers of the Company and their ownership
of its common stock is set forth in the proxy statement for its 2015
annual meeting of stockholders, as previously filed with the SEC on
April 24, 2015. Information about the directors and executive officers
of Astoria Financial and their ownership of its common stock is set
forth in the proxy statement for its 2015 annual meeting of
stockholders, as previously filed with the SEC on April 17, 2015.
Stockholders may obtain additional information regarding the interests
of such participants by reading the registration statement and the proxy
statement/prospectus.
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