Astoria Bank

New York, United States Founded: 1888 • Age: 138 yrs Acquired By Sterling Bancorp
Public sector commercial bank

About Astoria Bank

Astoria Bank is a company based in New York (United States) founded in 1888 was acquired by Sterling Bancorp in March 2017.. Astoria Bank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Sterling Bancorp

    (Mar 07, 2017)

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Funding Insights of Astoria Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Astoria Bank

Astoria Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sterling Bancorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Commercial Bank
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Astoria Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Astoria Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Astoria Bank Comparisons

Employees
+
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Competitors of Astoria Bank

Astoria Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Commercial banking and wealth management services are offered globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Astoria Bank

Frequently Asked Questions about Astoria Bank

When was Astoria Bank founded?

Astoria Bank was founded in 1888.

Where is Astoria Bank located?

Astoria Bank is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Astoria Bank?

Monte Redman is the current CEO of Astoria Bank.

What does Astoria Bank do?

Astoria Bank was established in 1888 and is based in New York, United States, within the financial sector. Commercial banking operations are conducted, focusing on public sector activities such as deposit accounts, lending, and related financial services for customers. The institution is led by CEO and President Monte Redman, with its online presence maintained at astoriabank.com. Geographic emphasis is placed on the U.S. market.

Who are the top competitors of Astoria Bank?

Astoria Bank's top competitors include Truist, Investec and Citi.

Who are Astoria Bank's investors?

Astoria Bank has 1 investor. Key investors include Sterling Bancorp.

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