S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NASDAQ:SBT

Sterling Bancorp Stock Forecast, Price & News

$5.80
0.00 (0.00%)
(As of 01/14/2022 12:00 AM ET)
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Compare
Today's Range
$5.75
$5.80
50-Day Range
$5.25
$5.85
52-Week Range
$4.33
$5.95
Volume
38,191 shs
Average Volume
22,800 shs
Market Capitalization
$292.60 million
P/E Ratio
96.68
Dividend Yield
N/A
Beta
0.8
30 days | 90 days | 365 days | Advanced Chart
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Sterling Bancorp logo

About Sterling Bancorp

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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$155.70 million
Book Value
$6.39 per share

Profitability

Net Income
$-12.97 million
Pretax Margin
3.72%

Debt

Price-To-Earnings

Miscellaneous

Free Float
48,431,000
Market Cap
$292.60 million
Optionable
Not Optionable

Company Calendar

Last Earnings
11/01/2021
Today
1/17/2022
Next Earnings (Estimated)
2/07/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.28 out of 5 stars

Finance Sector

1094th out of 1,349 stocks

Federal Savings Institutions Industry

43rd out of 63 stocks

Analyst Opinion: 1.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -












Sterling Bancorp (NASDAQ:SBT) Frequently Asked Questions

Is Sterling Bancorp a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sterling Bancorp stock.
View analyst ratings for Sterling Bancorp
or view top-rated stocks.

How has Sterling Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Sterling Bancorp's stock was trading at $4.34 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SBT stock has increased by 33.6% and is now trading at $5.80.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Sterling Bancorp?

Sterling Bancorp saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 120,000 shares, a drop of 30.3% from the December 15th total of 172,200 shares. Based on an average daily trading volume, of 44,100 shares, the short-interest ratio is currently 2.7 days. Approximately 0.8% of the company's stock are sold short.
View Sterling Bancorp's Short Interest
.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release its next quarterly earnings announcement on Monday, February 7th 2022.
View our earnings forecast for Sterling Bancorp
.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NASDAQ:SBT) released its quarterly earnings data on Monday, November, 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.03. The firm had revenue of $24.70 million for the quarter, compared to analysts' expectations of $23.40 million. Sterling Bancorp had a trailing twelve-month return on equity of 0.84% and a net margin of 2.14%.
View Sterling Bancorp's earnings history
.

What price target have analysts set for SBT?

1 Wall Street analysts have issued 1 year target prices for Sterling Bancorp's stock. Their forecasts range from $6.00 to $6.00. On average, they anticipate Sterling Bancorp's share price to reach $6.00 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
View analysts' price targets for Sterling Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Sterling Bancorp's key executives?

Sterling Bancorp's management team includes the following people:
  • Mr. Gary Judd, Chairman & CEO (Age 77)
  • Mr. Thomas Lopp, Pres, CFO, COO, Principal Accounting Officer, VP & Treasurer (Age 54)
  • Mr. Michael Montemayor, Chief Lending Officer and Pres of Commercial & Retail Banking (Age 49)
  • Mr. Scott J. Seligman, VP

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

6 employees have rated Sterling Bancorp CEO Tom Lopp on Glassdoor.com. Tom Lopp has an approval rating of 34% among Sterling Bancorp'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), Gran Tierra Energy (GTE), Hallador Energy (HNRG), OrganiGram (OGI), Pennsylvania Real Estate Investment Trust (PEI), Tilly's (TLYS) and Bionano Genomics (BNGO).

When did Sterling Bancorp IPO?

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

What is Sterling Bancorp's stock symbol?

Sterling Bancorp trades on the NASDAQ under the ticker symbol "SBT."

How do I buy shares of Sterling Bancorp?

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

What is Sterling Bancorp's stock price today?

One share of SBT stock can currently be purchased for approximately $5.80.

How much money does Sterling Bancorp make?

Sterling Bancorp has a market capitalization of $292.60 million and generates $155.70 million in revenue each year. The company earns $-12.97 million in net income (profit) each year or $0.06 on an earnings per share basis.

What is Sterling Bancorp's official website?

The official website for Sterling Bancorp is www.sterlingbank.com.

Where are Sterling Bancorp's headquarters?

Sterling Bancorp is headquartered at ONE TOWNE SQUARE SUITE 1900, SOUTHFIELD MI, 48076.

How can I contact Sterling Bancorp?

Sterling Bancorp's mailing address is ONE TOWNE SQUARE SUITE 1900, SOUTHFIELD MI, 48076. The company can be reached via phone at 248-355-2400 or via email at [email protected].


This page was last updated on 1/17/2022 by MarketBeat.com Staff

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