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.
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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. Stockholders of record on Friday, August 23rd will be paid 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 0.42%. 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 data on Monday, July, 29th. The company reported $0.26 earnings per share 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 analyst estimates of $34.20 million. Sterling Bancorp had a return on equity of 18.23% and a net margin of 32.19%. View Sterling Bancorp's Earnings History.
When is Sterling Bancorp's next earnings date?
What price target have analysts set for SBT?
2 equities research analysts have issued 1 year price targets for Sterling Bancorp's stock. Their forecasts range from $13.00 to $14.00. On average, they expect Sterling Bancorp's stock price to reach $13.50 in the next year. This suggests a possible upside of 42.6% 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 headlines about SBT stock have trended positive on Sunday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sterling Bancorp earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Sterling Bancorp.
Are investors shorting Sterling Bancorp?
Sterling Bancorp saw a decrease in short interest in the month of July. As of July 15th, there was short interest totalling 216,400 shares, a decrease of 48.2% from the June 15th total of 417,700 shares. Based on an average daily volume of 77,700 shares, the short-interest ratio is presently 2.8 days. Approximately 1.2% of the shares of the company are short sold. 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 LegacyTexas Financial Group (LTXB), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Axos Financial (AX), Provident Financial Services (PFS), Kearny Financial (KRNY), Meta Financial Group (CASH), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF), Access National (ANCX), Hometrust Bancshares (HTBI) and Waterstone Financial (WSBF).
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 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.
Who are Sterling Bancorp's major shareholders?
Sterling Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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, Scottrade, Fidelity and Charles Schwab.
What is Sterling Bancorp's stock price today?
One share of SBT stock can currently be purchased for approximately $9.47.
How big of a company is Sterling Bancorp?
Sterling Bancorp has a market capitalization of $478.42 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.
