Sterling Bancorp (STL) Stock Price, News & Analysis

Sterling Bancorp (NYSE:STL) released its earnings results on Tuesday, October, 19th. The financial services provider reported $0.52 earnings per share for the quarter, meeting the consensus estimate of $0.52. The financial services provider had revenue of $246.40 million for the quarter, compared to analysts' expectations of $252.31 million. Sterling Bancorp had a trailing twelve-month return on equity of 9.21% and a net margin of 38.40%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS.

Sterling Bancorp (NYSE:STL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.07%. The dividend payout ratio is 13.59%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STL.

49 employees have rated Sterling Bancorp Chief Executive Officer Jack L. Kopnisky on Glassdoor.com. Jack L. Kopnisky has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include JPMorgan Chase & Co. (JPM), Bank of America (BAC), General Electric (GE), NVIDIA (NVDA), QUALCOMM (QCOM), Wells Fargo & Company (WFC), BGC Partners (BGCP), Cisco Systems (CSCO), HEICO (HEI) and Advanced Micro Devices (AMD).