From his headquarters in Lake Success, N.Y., Astoria Financial Corp. chairman George L. Engelke is savoring his latest victory-and planning his next deal.

The $1.8 billion deal to buy Long Island Bancorp "establishes us as a future strong acquirer with a dominant and growing position in our marketplace," Mr. Engelke said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.