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.
Read More…
Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Phone248-355-2400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$183.81 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/4/2019 (Estimated)
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 declared a quarterly dividend on Friday, July 19th. Shareholders of record on Friday, August 23rd will be given a dividend of $0.01 per share on Friday, August 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend is Thursday, August 22nd. View Sterling Bancorp's Dividend History.
How were Sterling Bancorp's earnings last quarter?
Sterling Bancorp (NASDAQ:SBT) announced its quarterly earnings results on Monday, July, 29th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.01. The company had revenue of $32.78 million for the quarter, compared to the consensus estimate of $34.20 million. Sterling Bancorp had a net margin of 32.19% and a return on equity of 18.23%. View Sterling Bancorp's Earnings History.
When is Sterling Bancorp's next earnings date?
What price target have analysts set for SBT?
2 brokers have issued twelve-month price objectives for Sterling Bancorp's stock. Their forecasts range from $13.00 to $14.00. On average, they expect Sterling Bancorp's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 33.4% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.
What is the consensus analysts' recommendation for Sterling Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 2 buy ratings 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 articles about SBT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sterling Bancorp earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Sterling Bancorp.
Are investors shorting Sterling Bancorp?
Sterling Bancorp saw a decline in short interest in August. As of August 31st, there was short interest totalling 197,800 shares, a decline of 9.0% from the July 31st total of 217,300 shares. Based on an average daily trading volume, of 77,900 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.3% of the shares of the stock are sold short. View Sterling Bancorp's Current Options Chain.
Who are some of Sterling Bancorp's key competitors?
Some companies that are related to Sterling Bancorp include Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Axos Financial (AX), Provident Financial Services (PFS), Meta Financial Group (CASH), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL), Kearny Financial (KRNY), Dime Community Bancshares (DCOM), Northfield Bancorp (NFBK), First Defiance Financial (FDEF), Hometrust Bancshares (HTBI), BBX Capital (BBXTB), Waterstone Financial (WSBF) and NASB Financial (NASB).
What other stocks do shareholders of Sterling Bancorp own?
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 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 variety of of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (9.46%), BlackRock Inc. (2.09%), Vanguard Group Inc. (1.35%), Banc Funds Co. LLC (1.12%), EJF Capital LLC (0.70%) and Cortina Asset Management LLC (0.42%). 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?
SBT stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, Price T Rowe Associates Inc. MD, BlackRock Inc., Vanguard Group Inc., River Oaks Capital LLC, First Trust Advisors LP, Pacific Ridge Capital Partners LLC and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Sterling Bancorp.
Which institutional investors are buying Sterling Bancorp stock?
SBT stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Denali Advisors LLC, Paloma Partners Management Co, Susquehanna International Group LLP, Banc Funds Co. LLC, JPMorgan Chase & Co., Prudential Financial Inc. and Alberta Investment Management Corp. 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, Robinhood, Fidelity and Charles Schwab.
What is Sterling Bancorp's stock price today?
One share of SBT stock can currently be purchased for approximately $10.12.
How big of a company is Sterling Bancorp?
Sterling Bancorp has a market capitalization of $511.23 million and generates $183.81 million in revenue each year. The company earns $63.47 million in net income (profit) each year or $1.20 on an earnings per share basis. View Additional Information About Sterling Bancorp.
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.
