Sterling Bancorp (NASDAQ:SBT - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share (EPS) for the quarter, Yahoo Finance reports. Sterling Bancorp had a net margin of 5.72% and a return on equity of 2.32%. The company had revenue of $33.48 million during the quarter.
Sterling Bancorp Trading Up 0.6 %
NASDAQ SBT traded up $0.03 during trading on Thursday, hitting $4.85. 27,562 shares of the company's stock traded hands, compared to its average volume of 36,590. The stock has a fifty day moving average of $5.01 and a two-hundred day moving average of $5.39. Sterling Bancorp has a 12-month low of $4.22 and a 12-month high of $6.26. The firm has a market cap of $252.54 million, a P/E ratio of 32.07 and a beta of 0.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.96 and a quick ratio of 0.96.
About Sterling Bancorp
(
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Sterling Bancorp, Inc is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services.
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