Sterling Bancorp (STL) Annual Income Statement

Annual · GAAP · USD millions
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This income statement overview for Sterling Bancorp spans from Dec 31 2016 to Dec 31 2020, showing how the company's revenues, expenses, and earnings have changed across reporting periods.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2020)
2020
(Dec 31 2019) (Dec 31 2018) (Dec 31 2017) (Dec 31 2016)
Revenues
Interest and Fee Income, Loans and Leases0.00
Interest and Dividend Income, Securities, Operating123.71
Other Interest and Dividend Income7.44
Other Income882.87
Total Interest Income1,014.02
Interest Expense, Deposits105.56
Interest Expense, Borrowings43.54
Total Interest Expense149.10
Net Interest Income864.92
Provision for loan losses251.68
Total Net Interest Income612.54
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions6.66
Revenue From Contract With Customer Including Assessed Tax23.90
Other Non-interest Income29.31
Extinguishment of Debt19.46
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment0.00
Other Non-Interest Income54.51
Total Non-interest Income135.56
Total Revenues748.10
Costs & Expenses
Salaries & employee benefits, SGA222.07
Restructuring, Accretion & impairment charges13.31
Depreciation & Amortization16.80
Communications, Occupancy and Information Technology92.67
Professional Fees24.89
Federal Deposit Insurance Corporation Premium Expense13.04
Other Noninterest Expense65.46
Other loss /-income21.18
Total Operating Expenses492.43
Total Costs & Expenses641.53
Income & Taxes
Income /-loss before income taxes255.67
Income taxes expenses/-benefit29.90
Income after income taxes225.77
Net income/-loss of other equity0.00
Income /-loss after income taxes225.77
Net Income/-loss225.77
Preferred dividends7.88
Income/-loss to shareholder217.89
Earnings Per Share
Basic EPS (excl. extra items)1.12
Basic Net EPS1.12
Basic shares outstanding (Mill. of Units)194.08
Diluted Net EPS1.12
Diluted average shares (Mill. of Units)194.39
Dividend per share0.28
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About STL Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.