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

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$8.40 -0.02 (-0.24 %)
(As of 01/16/2019 07:03 AM ET)
Previous Close$8.42
Today's Range$8.31 - $8.56
52-Week Range$6.65 - $14.98
Volume48,586 shs
Average Volume86,732 shs
Market Capitalization$446.36 million
P/E Ratio7.65
Dividend Yield0.48%
Beta0.56
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

Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SBT
CUSIPN/A
Phone248-355-2400

Debt

Current Ratio1.21
Quick Ratio1.16

Price-To-Earnings

Sales & Book Value

Annual Sales$139.34 million
Price / Sales3.20
Cash Flow$0.8085 per share
Price / Cash Flow10.39
Book Value$5.16 per share
Price / Book1.63

Profitability

Net Income$37.97 million
Net Margins31.33%
Return on Assets1.86%

Miscellaneous

Employees308
Market Cap$446.36 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 declared a quarterly dividend on Thursday, October 18th. Investors 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 yield of 0.48%. The ex-dividend date of this dividend is Wednesday, November 21st. View Sterling Bancorp's Dividend History.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NASDAQ:SBT) released its earnings results on Monday, October, 29th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.01. The business earned $35.03 million during 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?

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Sterling Bancorp.

What price target have analysts set for SBT?

1 equities research analysts have issued 12 month target prices for Sterling Bancorp's stock. Their predictions range from $13.00 to $13.00. On average, they expect Sterling Bancorp's stock price to reach $13.00 in the next year. This suggests a possible upside of 54.8% 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?

Headlines about SBT stock have trended very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sterling Bancorp earned a media sentiment score of 3.9 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company'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 (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.

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 $8.40.

How big of a company is Sterling Bancorp?

Sterling Bancorp has a market capitalization of $446.36 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:  2.5 out of 5 (star star half star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  88 (Vote Underperform)
Total Votes:  178
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 1/16/2019 by MarketBeat.com Staff

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