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Sterling Bancorp inc   (NASDAQ: SBT)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial
 
Price: $4.8000 $0.03 0.629%
Day's High: $4.82 Week Perf: -0.83 %
Day's Low: $ 4.77 30 Day Perf: 0.84 %
Volume (M): 15 52 Wk High: $ 5.97
Volume (M$): $ 72 52 Wk Avg: $5.02
Open: $4.79 52 Wk Low: $4.40



 Market Capitalization (Millions $) 245
 Shares Outstanding (Millions) 51
 Employees 404
 Revenues (TTM) (Millions $) 53
 Net Income (TTM) (Millions $) 6
 Cash Flow (TTM) (Millions $) 147
 Capital Exp. (TTM) (Millions $) 0

Sterling Bancorp Inc
Sterling Bancorp Inc is a financial holding company that provides banking and related financial services to small and middle-market businesses, as well as individual consumers. The company offers a range of deposit products, including commercial and consumer checking accounts, money market accounts, and certificates of deposit.

In addition to traditional banking services, Sterling Bancorp Inc provides a variety of lending solutions, such as commercial and industrial loans, commercial real estate loans, residential mortgage loans, and consumer loans. The company also offers treasury management services, wealth management and investment products, and online and mobile banking options.

With its headquarters in New York, Sterling Bancorp Inc operates through its wholly-owned subsidiary, Sterling National Bank, which has branches and commercial lending offices throughout the New York metropolitan area and beyond. The company focuses on building long-term relationships with its clients and providing personalized service to help them achieve their financial goals.


   Company Address: One Towne Square Southfield 48076 MI
   Company Phone Number: 355-2400   Stock Exchange / Ticker: NASDAQ SBT


   

Stock Performances by Major Competitors

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Business Update

Sterling Bancorps Shareholders Greenlight Sale to EverBank, Initiating Path to Dissolution,

Published Thu, Dec 19 2024 4:03 AM UTC

Sterling Bancorp Completes Sale of Sterling Bank to EverBank, Initiates Dissolution Process In a significant move within the financial sector, Sterling Bancorp, Inc. (NASDAQ: SBT), based in Southfield, Michigan, has received shareholder approval for the sale of Sterling Bank and Trust, F.S.B. to EverBank Financial Corp. The decision paves the way for the dissolution of Sterl...

Business Update

Sterling Bancorp to Sell Sterling Bank for $261 Million to EverBank, Plans Dissolution of Remaining Operations,

Published Mon, Sep 16 2024 12:47 PM UTC

Sterling Bancorp Divests Sterling Bank in $261 Million Deal with EverBankIn a significant corporate move, Sterling Bancorp, Inc. (NASDAQ: SBT) has announced its agreement to sell Sterling Bank and Trust, F.S.B. to EverBank Financial Corp for a total cash consideration of $261 million. This strategic transaction, which underscores ongoing shifts in the financial services sec...

Sterling Bancorp Inc

S&Ls Savings Banks Company Achieves Uninspiring Accomplishment in Financial Time-frame Closing March 31, 2024

The stock market can be a rollercoaster of emotions for investors, but there is some promising news for Sterling Bancorp Inc. While the financial time-frame closing on March 31, 2024, showed zero gain per share compared to a slight loss the previous year, there are indications of positive changes on the horizon.
One standout aspect of Sterling Bancorp Inc's recent financial report is the company's partnership with Rocket Mortgage, a subsidiary of Rocket Companies and America's largest retail mortgage lender. This exciting collaboration aims to revolutionize the home loan experience for Sterling Bank customers, streamlining the process and making it more accessible than ever before.

Sterling Bancorp Inc

Strong Earnings Masking Potential Risks: A Closer Look at Sterling Bancorp Inc's Financial Results

Sterling Bancorp Inc's Positive Financial Results Mask Potential Concerns
Sterling Bancorp Inc, the holding company of Sterling Bank and Trust, F.S.B., recently reported its financial results for the October to December 31, 2023, period. While on the surface, the company seems to be performing well, a deeper analysis raises concerns about its future prospects.
One of the key positive points highlighted by Sterling Bancorp Inc is its profitability turning positive at $0.10 per share, compared to a loss of $0.37 per share in the previous year. Furthermore, earnings per share grew by a staggering 886.58% from $0.01 per share in the previous reporting period. These figures may impress investors at first glance, but they should be taken with a grain of salt.

Sterling Bancorp Inc

Sterling Bancorp Inc's admirable resilience: Revenue gracefully takes a step back during the latest fiscal period



In the most recent fiscal period, Sterling Bancorp Inc, the thrift holding company for Sterling Bank and Trust, F.S.B., Southfield, Michigan, reported a substantial decline in key financial metrics, impacting its earnings and revenue. Let's delve deeper into the company's financial results to analyze the impact on its overall performance.
Earnings Per Share (EPS) and Net Earnings
Sterling Bancorp Inc experienced a sharp decrease in earnings per share. Comparing the most recent fiscal period with the previous year, earnings per share plummeted by 50%, from $0.02 to $0.01. Similarly, EPS dropped by 80% from $0.05 per share in the previous quarter to $0.01 per share in the latest period.







Sterling Bancorp Inc's Segments





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