Sterling Bancorp (NASDAQ:SBT), Inc. is the bank holding company for Sterling National Bank, a regional financial institution offering a comprehensive suite of commercial and consumer banking services. The company’s product portfolio includes deposit accounts, commercial and industrial lending, commercial real estate financing, asset‐based lending, equipment finance and construction loans. Sterling Bancorp serves middle-market businesses, small enterprises and individual customers across the New York metropolitan area and the broader Mid-Atlantic region, tailoring solutions to local market needs.
Beyond core banking, Sterling Bancorp provides treasury and cash management services, trade finance, foreign exchange and electronic payment solutions designed to streamline working capital and support international operations. Its wealth management division delivers investment advisory, trust and estate planning and brokerage services to high-net-worth individuals and families. The firm also offers capital markets advisory, loan syndications and corporate finance expertise to support mergers, acquisitions and other strategic initiatives.
With origins dating back to the late 19th century, the company has grown through a series of strategic acquisitions and rebranding efforts. In 2017, Provident Financial Services completed its merger with Sterling Bancorp, adopting the Sterling name and expanding its footprint across New York, New Jersey, Connecticut and Pennsylvania. Subsequent transactions bolstered its balance sheet and enhanced its ability to serve diverse client segments in competitive regional markets.
Sterling Bancorp’s governance framework includes a board of directors and an executive leadership team with deep experience in regional banking, corporate finance and risk management. Under their stewardship, the company emphasizes relationship-driven service, disciplined underwriting and ongoing investment in digital platforms. This approach supports Sterling’s mission to deliver tailored financial solutions and foster economic growth in the communities it serves.
