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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SBT
Previous Symbol
CUSIPN/A
Phone248-355-2400
Debt
Debt-to-Equity Ratio1.25
Current Ratio1.21
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio7.20
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$139.34 million
Price / Sales3.08
Cash Flow$0.8291 per share
Price / Cash Flow9.77
Book Value$5.16 per share
Price / Book1.57
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$37.97 million
Net Margins31.33%
Return on Equity19.34%
Return on Assets1.86%
Miscellaneous
Employees308
Outstanding Shares53,010,000
Market Cap$419.86 million
OptionableNot Optionable
Sterling Bancorp (NASDAQ:SBT) Frequently Asked Questions
What is Sterling Bancorp's stock symbol?
Sterling Bancorp trades on the NASDAQ under the ticker symbol "SBT."
How often does Sterling Bancorp pay dividends? What is the dividend yield for Sterling Bancorp?
Sterling Bancorp announced a quarterly dividend on Thursday, October 18th. Investors of record on Sunday, November 25th will be given a dividend of $0.01 per share on Friday, November 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date is Wednesday, November 21st. View Sterling Bancorp's Dividend History.
How were Sterling Bancorp's earnings last quarter?
Sterling Bancorp (NASDAQ:SBT) posted its quarterly earnings data on Monday, October, 29th. The company reported $0.30 EPS for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.01. The firm had revenue of $35.03 million for the quarter. Sterling Bancorp had a net margin of 31.33% and a return on equity of 19.34%. View Sterling Bancorp's Earnings History.
When is Sterling Bancorp's next earnings date?
What price target have analysts set for SBT?
1 analysts have issued 1 year price objectives for Sterling Bancorp's stock. Their forecasts range from $13.00 to $13.00. On average, they anticipate Sterling Bancorp's share price to reach $13.00 in the next year. This suggests a possible upside of 60.5% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.
What is the consensus analysts' recommendation for Sterling Bancorp?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.
Has Sterling Bancorp been receiving favorable news coverage?
News headlines about SBT stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sterling Bancorp earned a news impact score of 1.7 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
Who are some of Sterling Bancorp's key competitors?
Some companies that are related to Sterling Bancorp include Kearny Financial (KRNY), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL), Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), BBX Capital (BBXTB), First Defiance Financial (FDEF), Access National (ANCX), Waterstone Financial (WSBF), Hometrust Bancshares (HTBI), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), Western New England Bancorp (WNEB), NASB Financial (NASB) and Territorial Bancorp (TBNK).
Who are Sterling Bancorp's key executives?
Sterling Bancorp's management team includes the folowing 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
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 $12.00-$14.00 per share. Sandler O'Neill & Partners served as the underwriter for the IPO.
Who are Sterling Bancorp's major shareholders?
Sterling Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.04%), Maltese Capital Management LLC (1.63%), EJF Capital LLC (1.48%), Vanguard Group Inc. (1.36%), River Oaks Capital LLC (0.31%) and Alliancebernstein L.P. (0.13%). Company insiders that own Sterling Bancorp stock include Gary S Judd, J Seligman 1993 Long Te Scott, KISS Dynasty Trust No 5, Lyle M Wolberg, Michael A Montemayor, Seth S Meltzer and Thomas W Jr Lopp. View Institutional Ownership Trends for Sterling Bancorp.
Which institutional investors are selling Sterling Bancorp stock?
Which institutional investors are buying Sterling Bancorp stock?
SBT stock was purchased by a variety of institutional investors in the last quarter, including EJF Capital LLC, BlackRock Inc., Putnam Investments LLC, Renaissance Technologies LLC, MetLife Investment Advisors LLC, Virtu Financial LLC, Trexquant Investment LP and Vanguard Group Inc.. Company insiders that have bought Sterling Bancorp stock in the last two years include Gary S Judd, Lyle M Wolberg, Michael A Montemayor, Seth S Meltzer and Thomas W Jr Lopp. View Insider Buying and Selling for Sterling Bancorp.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sterling Bancorp's stock price today?
One share of SBT stock can currently be purchased for approximately $8.10.
How big of a company is Sterling Bancorp?
Sterling Bancorp has a market capitalization of $419.86 million and generates $139.34 million in revenue each year. Sterling Bancorp employs 308 workers across the globe.
What is Sterling Bancorp's official website?
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]
MarketBeat Community Rating for Sterling Bancorp (NASDAQ SBT)
MarketBeat's community ratings are surveys of what our community members think about Sterling Bancorp and other stocks. Vote "Outperform" if you believe SBT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBT will underperform the S&P 500 over the long term. You may vote once every thirty days.
