Astoria Financial Corp. (AF) reported fourth quarter net income of $8.1 million or $0.09 per share, compared to $29.4 million or $0.32 per share in the prior year period.
On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $0.08 per share. Analysts' estimates typically exclude special items.
Net interest income for the quarter totaled $105.0 million, compared to $114.9 million last year. Non-interest income for the period was $23.3 million, compared to $19.2 million in the comparable quarter a year-ago.
Nine Wall Street analysts expected revenues of $107.42 million.
In addition, the company's Board of Directors declared a quarterly cash dividend of $0.13 per common share, payable on March 1, 2010 to shareholders of record as of February 16, 2010.
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