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
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:SBT
CUSIPN/A
Phone248-355-2400
Debt
Debt-to-Equity Ratio1.41
Current Ratio1.22
Quick Ratio1.13
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$139.34 million
Price / Sales5.33
Cash Flow$0.8102 per share
Price / Cash17.28
Book Value$5.16 per share
Price / Book2.71
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees308
Outstanding Shares53,000,000
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 Tuesday, May 15th. Investors of record on Friday, May 25th will be given a dividend of $0.01 per share on Thursday, May 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend is Thursday, May 24th. View Sterling Bancorp's Dividend History.
How were Sterling Bancorp's earnings last quarter?
Sterling Bancorp (NASDAQ:SBT) issued its earnings results on Monday, April, 30th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The firm had revenue of $34.23 million for the quarter. View Sterling Bancorp's Earnings History.
What price target have analysts set for SBT?
1 brokers have issued 1 year price objectives for Sterling Bancorp's shares. Their forecasts range from $14.50 to $14.50. On average, they anticipate Sterling Bancorp's stock price to reach $14.50 in the next year. View Analyst Ratings for Sterling Bancorp.
Who are some of Sterling Bancorp's key competitors?
Some companies that are related to Sterling Bancorp include BofI (BOFI), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF), Access National (ANCX) and Hometrust Bancshares (HTBI).
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.
When did Sterling Bancorp's lock-up period expire?
Sterling Bancorp's lock-up period expired on Wednesday, May 16th. Sterling Bancorp had issued 15,000,000 shares in its initial public offering on November 17th. The total size of the offering was $180,000,000 based on an initial share price of $12.00. Since the expiration of Sterling Bancorp's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.
Has Sterling Bancorp been receiving favorable news coverage?
News stories about SBT stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sterling Bancorp earned a coverage optimism score of 0.11 on Accern's scale. They also assigned news coverage about the company an impact score of 45.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 EJF Capital LLC (1.61%), BlackRock Inc. (1.60%), Maltese Capital Management LLC (1.43%), Millennium Management LLC (0.85%), Cortina Asset Management LLC (0.51%) and Northern Trust Corp (0.35%). Company insiders that own Sterling Bancorp stock include Gary S Judd, J Seligman 1993 Long Te Scott, KISS Dynasty Trust No 5, 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 Millennium Management LLC, Cortina Asset Management LLC and Penn Capital Management Co. Inc.. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Schwab Charles Investment Management Inc., Maltese Capital Management LLC, Legal & General Group Plc, EJF Capital LLC, California State Teachers Retirement System and The Manufacturers Life Insurance Company . Company insiders that have bought Sterling Bancorp stock in the last two years include Gary S Judd, Michael A Montemayor 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 $14.00.
How big of a company is Sterling Bancorp?
Sterling Bancorp has a market capitalization of $742.03 million and generates $139.34 million in revenue each year. Sterling Bancorp employs 308 workers across the globe.
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 (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.
