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NASDAQ:SBT

Sterling Bancorp (SBT) Stock Price, News & Analysis

$5.09
-0.16 (-3.05%)
(As of 05/23/2024 ET)
Today's Range
$5.07
$5.28
50-Day Range
$4.63
$5.33
52-Week Range
$4.55
$6.26
Volume
29,861 shs
Average Volume
48,230 shs
Market Capitalization
$265.04 million
P/E Ratio
31.81
Dividend Yield
N/A
Price Target
N/A
SBT stock logo

About Sterling Bancorp Stock (NASDAQ:SBT)

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. Sterling also has an operations center and a branch in Southfield, Michigan. Sterling was named as the top performing community bank in the United States with total assets between $1 billion and $10 billion in 2017 by SNL/S&P Global Market Intelligence.

SBT Stock Price History

SBT Stock News Headlines

Q1 2024 Sterling Bancorp Inc Earnings Call
Sterling Bancorp, Inc. (Southfield, MI) (SBT)
Q4 2023 First Advantage Corp Earnings Call
Q4 2023 Sterling Bancorp Inc Earnings Call
John Oliver Reveals Why He Was Booed at Sesame Street Gala
Q3 2023 Sterling Bancorp Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
5/24/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:SBT
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$7.41 million
Pretax Margin
8.11%

Debt

Sales & Book Value

Annual Sales
$64.92 million
Cash Flow
$0.11 per share
Book Value
$6.29 per share

Miscellaneous

Free Float
51,152,000
Market Cap
$265.03 million
Optionable
Optionable
Beta
0.58
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SBT Stock Analysis - Frequently Asked Questions

How have SBT shares performed in 2024?

Sterling Bancorp's stock was trading at $5.77 at the beginning of 2024. Since then, SBT shares have decreased by 11.8% and is now trading at $5.09.
View the best growth stocks for 2024 here
.

When is Sterling Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our SBT earnings forecast
.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NASDAQ:SBT) released its quarterly earnings results on Wednesday, April, 24th. The company reported $0.03 earnings per share for the quarter. The business earned $33.48 million during the quarter. Sterling Bancorp had a net margin of 5.79% and a trailing twelve-month return on equity of 2.40%.

Is Sterling Bancorp a good dividend stock?

Sterling Bancorp (NASDAQ:SBT) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SBT.

What is Tom Lopp's approval rating as Sterling Bancorp's CEO?

6 employees have rated Sterling Bancorp Chief Executive Officer Tom Lopp on Glassdoor.com. Tom Lopp has an approval rating of 34% among the company's employees. This puts Tom Lopp in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Sterling Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), DHT (DHT), Golar LNG Partners (GMLP), Hallador Energy (HNRG), Organigram (OGI), Pennsylvania Real Estate Investment Trust (PEI), Tilly's (TLYS) and Bionano Genomics (BNGO).

When did Sterling Bancorp IPO?

Sterling Bancorp (SBT) raised $130 million in an initial public offering on Friday, November 17th 2017. The company issued 10,000,000 shares at $12.00-$14.00 per share. Sandler O'Neill & Partners acted as the underwriter for the IPO.

Who are Sterling Bancorp's major shareholders?

Sterling Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.81%), Empowered Funds LLC (0.25%), BNP Paribas Financial Markets (0.14%) and Koss Olinger Consulting LLC (0.03%).
View institutional ownership trends
.

How do I buy shares of Sterling Bancorp?

Shares of SBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SBT) was last updated on 5/24/2024 by MarketBeat.com Staff

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