Sector • Financial Industry • S&Ls Savings Banks |
Industry • S&Ls Savings Banks |
Sector • Financial |
Slight -3.124 %, Revenues slide at the company over the most recent fiscal period
company delivered third quarter of 2022 operating surplus of $1.918 millions
Published Nov 16 2022
CSIMarket Team / CSIMarket.com
Revenues contracted by -3.124 % to $23.54 millions from $24.30 millions in the same reporting season a year ago and sequentially Revenues advanced by 14.134 % from $20.62 millions.
Bottom-line of $1.176 millions in the third quarter of 2022 earnings season fell by -87.69 % from $9.557 millions in the corresponding period a year before. Looking further into third quarter of 2022 earnings season Sterling Bancorp Inc 's profitability, operating margin mitigated to 8.15%, and net margin shrank to 5%.
Operating earnings, fell -85.49% to $1.918 millions, squeezing Sterling Bancorp Inc 's operating margin to 8.15%, from 54.42% in the third quarter of 2021.
Sterling Bancorp Inc is expected to report next financial recent numbers on May 12, 2023.
Other SBT's news
Revolutionizing Home Loan Experience: Sterling Bank and Trust Joins Forces with Rocket Mortgage
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Sterling Bancorp Inc: Surpassing Last Year*s Shortfall, Raising Concerns for Investors
Slight -3.124 %, Revenues slide at in the fiscal span ending September 30 2022
Slight -3.124 %, Revenues slide at the company over the most recent fiscal period
Other SBT's news
Revolutionizing Home Loan Experience: Sterling Bank and Trust Joins Forces with Rocket Mortgage
Strong Earnings Masking Potential Risks: A Closer Look at Sterling Bancorp Inc*s Financial Results
Sterling Bancorp Inc: Surpassing Last Year*s Shortfall, Raising Concerns for Investors
Slight -3.124 %, Revenues slide at in the fiscal span ending September 30 2022
Slight -3.124 %, Revenues slide at the company over the most recent fiscal period