NASDAQ:SBT - Sterling Bancorp Stock Price, News, & Analysis

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$9.55 +0.22 (+2.36 %)
(As of 11/13/2018 04:00 PM ET)
Previous Close$9.33
Today's Range$9.48 - $9.69
52-Week Range$9.09 - $14.98
Volume9,700 shs
Average Volume102,332 shs
Market Capitalization$501.49 million
P/E Ratio8.60
Dividend Yield0.42%
BetaN/A
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.

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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 Ratio1.36
Current Ratio1.22
Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio8.60
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$139.34 million
Price / Sales3.63
Cash Flow$0.8183 per share
Price / Cash11.67
Book Value$5.16 per share
Price / Book1.85

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$37.97 million
Net Margins31.33%
Return on Equity19.85%
Return on Assets1.89%

Miscellaneous

Employees308
Outstanding Shares53,010,000
Market Cap$501.49 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. Shareholders of record on Sunday, November 25th will be paid a dividend of $0.01 per share on Friday, November 30th. This represents a $0.04 annualized dividend and a dividend yield of 0.42%. 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) announced its earnings results on Monday, October, 29th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. The business earned $35.03 million during the quarter. Sterling Bancorp had a return on equity of 19.85% and a net margin of 31.33%. View Sterling Bancorp's Earnings History.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Sterling Bancorp.

What price target have analysts set for SBT?

1 analysts have issued twelve-month price targets for Sterling Bancorp's stock. Their predictions 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 36.1% 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 stories about SBT stock have trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sterling Bancorp earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Sterling Bancorp's key competitors?

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 a price of $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 retail and institutional investors. Top institutional investors include BlackRock Inc. (2.04%), EJF Capital LLC (1.48%), River Oaks Capital LLC (0.31%), Alliancebernstein L.P. (0.13%), Prudential Financial Inc. (0.06%) and Virtu Financial LLC (0.03%). 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 Alliancebernstein L.P.. Company insiders that have sold Sterling Bancorp company stock in the last year include J Seligman 1993 Long Te Scott, KISS Dynasty Trust No 5 and Seth S Meltzer. View Insider Buying and Selling for Sterling Bancorp.

Which institutional investors are buying Sterling Bancorp stock?

SBT stock was bought by a variety of institutional investors in the last quarter, including EJF Capital LLC, BlackRock Inc., Virtu Financial LLC, Trexquant Investment LP, River Oaks Capital LLC and Prudential Financial 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 $9.55.

How big of a company is Sterling Bancorp?

Sterling Bancorp has a market capitalization of $501.49 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?

The official website for Sterling Bancorp is http://www.sterlingbank.com.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  64 (Vote Underperform)
Total Votes:  140
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.
This page was last updated on 11/13/2018 by MarketBeat.com Staff

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