With the T R Financial Corp. merger finally closed, the leader of New York's Roslyn Bancorp wants to focus on raising the thrift institution's stock price.

"The best way to do that is to grow earnings," chairman and chief executive Joseph L. Mancino declared Wednesday as the $750 million deal was closed. The deal makes Roslyn the state's fourth-largest thrift, with assets of $7.7 billion.

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.