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Sterling Bancorp (SBT) Financials

Sterling Bancorp logo
$4.84 0.00 (0.00%)
As of 04/14/2025
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Annual Income Statements for Sterling Bancorp

Annual Income Statements for Sterling Bancorp

This table shows Sterling Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders		 2.14 7.41 -14
Consolidated Net Income / (Loss)		 2.14 7.41 -14
Net Income / (Loss) Continuing Operations		 2.14 7.41 -14
Total Pre-Tax Income 		4.25 11 -7.57
Total Revenue		 58 68 80
Net Interest Income / (Expense)		 56 65 79
Total Interest Income		 135 127 100
Loans and Leases Interest Income		 82 87 87
Investment Securities Interest Income		 18 12 6.43
Deposits and Money Market Investments Interest Income		 35 28 6.13
Total Interest Expense		 79 62 21
Deposits Interest Expense		 78 57 15
Long-Term Debt Interest Expense		 0.00 3.73 4.97
Federal Funds Purchased and Securities Sold Interest Expense		 0.37 0.99 1.17
Total Non-Interest Income		 1.06 2.79 1.35
Other Service Charges		 0.53 0.58 1.02
Net Realized & Unrealized Capital Gains on Investments		 0.20 1.88 -0.43
Other Non-Interest Income		 0.33 0.33 0.75
Provision for Credit Losses		 -8.54 -8.53 -9.93
Total Non-Interest Expense		 62 66 98
Salaries and Employee Benefits		 34 36 34
Net Occupancy & Equipment Expense		 11 11 12
Other Operating Expenses		 17 18 52
Income Tax Expense		 2.11 3.15 6.63
Basic Earnings per Share		 $0.04 $0.15 ($0.28)
Weighted Average Basic Shares Outstanding		 50.97M 50.63M 50.35M
Diluted Earnings per Share		 $0.04 $0.15 ($0.28)
Weighted Average Diluted Shares Outstanding		 51.34M 50.78M 50.35M
Weighted Average Basic & Diluted Shares Outstanding		 52.30M 52.07M 50.83M

Quarterly Income Statements for Sterling Bancorp

This table shows Sterling Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 1.16 -0.14 1.32 -0.20 5.06 0.31 2.54 -0.50 -18 1.18
Consolidated Net Income / (Loss)		 1.16 -0.14 1.32 -0.20 5.06 0.31 2.54 -0.50 -18 1.18
Net Income / (Loss) Continuing Operations		 1.16 -0.14 1.32 -0.20 5.06 0.31 2.54 -0.50 -18 1.18
Total Pre-Tax Income 		1.86 0.73 1.96 -0.30 6.85 0.62 3.66 -0.56 -18 1.92
Total Revenue		 14 14 15 15 15 16 18 18 19 19
Net Interest Income / (Expense)		 14 14 14 15 15 16 16 18 19 20
Total Interest Income		 34 34 34 33 33 33 32 29 27 25
Loans and Leases Interest Income		 20 21 21 21 21 22 22 22 22 21
Investment Securities Interest Income		 3.97 4.99 4.76 4.02 3.80 3.13 2.67 2.46 2.29 1.95
Total Interest Expense		 20 21 19 18 18 17 15 12 8.76 5.31
Deposits Interest Expense		 20 21 19 18 18 16 13 9.81 6.92 3.72
Total Non-Interest Income		 0.07 0.38 0.41 0.20 0.21 0.38 1.91 0.28 0.25 -0.36
Other Service Charges		 0.07 0.07 0.30 0.09 0.08 0.33 0.08 0.10 0.08 0.12
Net Realized & Unrealized Capital Gains on Investments		 -0.08 0.22 0.03 0.03 0.06 -0.03 1.75 0.10 0.08 -0.57
Other Non-Interest Income		 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.09
Provision for Credit Losses		 -4.16 -2.34 -2.08 0.04 -4.36 -1.94 -2.90 0.67 -0.18 -4.36
Total Non-Interest Expense		 16 16 15 15 13 18 17 18 37 22
Salaries and Employee Benefits		 8.39 8.54 8.20 8.46 8.50 8.75 9.27 9.41 8.99 9.34
Net Occupancy & Equipment Expense		 2.78 2.73 2.75 2.82 2.80 2.86 2.81 2.85 2.98 2.84
Other Operating Expenses		 4.73 4.34 3.98 4.12 1.53 6.09 5.26 5.58 25 9.45
Income Tax Expense		 0.70 0.87 0.65 -0.10 1.78 0.30 1.12 -0.05 0.27 0.74
Basic Earnings per Share		 $0.01 $0.00 $0.03 $0.00 $0.10 $0.01 $0.05 ($0.01) ($0.36) $0.02
Weighted Average Basic Shares Outstanding		 50.97M 51.06M 50.92M 50.84M 50.63M 50.70M 50.67M 50.44M 50.35M 50.40M
Diluted Earnings per Share		 $0.01 $0.00 $0.03 $0.00 $0.10 $0.01 $0.05 ($0.01) ($0.36) $0.02
Weighted Average Diluted Shares Outstanding		 51.34M 51.06M 51.35M 50.84M 50.78M 51.07M 50.78M 50.44M 50.35M 50.57M
Weighted Average Basic & Diluted Shares Outstanding		 52.30M 52.31M 52.33M 52.03M 52.07M 52.07M 52.08M 50.79M 50.83M 50.80M

Annual Cash Flow Statements for Sterling Bancorp

This table details how cash moves in and out of Sterling Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents		 300 198 -32
Net Cash From Operating Activities		 -2.12 -25 2.34
Net Cash From Continuing Operating Activities		 -2.12 -25 2.34
Net Income / (Loss) Continuing Operations		 2.14 7.41 -14
Consolidated Net Income / (Loss)		 2.14 7.41 -14
Provision For Loan Losses		 -8.79 -8.59 7.67
Depreciation Expense		 1.03 1.33 1.54
Amortization Expense		 0.26 0.25 0.94
Non-Cash Adjustments to Reconcile Net Income		 -0.31 -2.40 5.69
Changes in Operating Assets and Liabilities, net		 3.55 -23 0.70
Net Cash From Investing Activities		 286 238 374
Net Cash From Continuing Investing Activities		 286 238 374
Purchase of Property, Leasehold Improvements and Equipment		 -0.09 -0.47 -0.42
Purchase of Investment Securities		 -220 -158 -155
Sale of Property, Leasehold Improvements and Equipment		 0.00 0.05 0.00
Sale and/or Maturity of Investments		 312 124 193
Other Investing Activities, net		 194 273 336
Net Cash From Financing Activities		 16 -15 -408
Net Cash From Continuing Financing Activities		 16 -15 -408
Net Change in Deposits		 67 50 -308
Issuance of Debt		 0.00 0.00 35
Repayment of Debt		 -50 -65 -135
Other Financing Activities, Net		 -0.84 -0.25 -0.22
Cash Interest Paid		 79 62 20
Cash Income Taxes Paid		 0.41 0.30 2.28

Quarterly Cash Flow Statements for Sterling Bancorp

This table details how cash moves in and out of Sterling Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 168 111 -46 68 14 -92 236 39 27 67
Net Cash From Operating Activities		 -4.15 2.70 3.20 -3.88 -0.55 -25 3.99 -3.47 -5.19 1.88
Net Cash From Continuing Operating Activities		 -4.15 2.70 3.20 -3.88 -0.55 -25 3.99 -3.47 -5.19 1.88
Net Income / (Loss) Continuing Operations		 1.16 -0.14 1.32 -0.20 5.06 0.31 2.54 -0.50 -18 1.18
Consolidated Net Income / (Loss)		 1.16 -0.14 1.32 -0.20 5.06 0.31 2.54 -0.50 -18 1.18
Provision For Loan Losses		 -4.42 -2.34 -2.08 0.04 -4.42 -1.94 -2.90 0.67 18 -4.50
Depreciation Expense		 0.24 0.25 0.26 0.28 0.30 0.34 0.34 0.35 0.38 0.38
Amortization Expense		 0.06 0.05 1.22 -1.07 0.09 0.03 0.54 -0.40 0.39 0.31
Non-Cash Adjustments to Reconcile Net Income		 0.51 -0.33 -1.28 0.79 -0.36 -0.11 -2.54 0.62 0.46 0.59
Changes in Operating Assets and Liabilities, net		 -1.70 5.20 3.76 -3.71 -1.22 -24 6.02 -4.21 -6.08 3.94
Net Cash From Investing Activities		 168 54 -6.82 70 52 -1.05 113 75 30 119
Net Cash From Continuing Investing Activities		 168 54 -6.82 70 52 -1.05 113 75 30 119
Purchase of Property, Leasehold Improvements and Equipment		 -0.01 - -0.01 -0.06 -0.15 -0.07 -0.06 -0.19 -0.10 -0.11
Purchase of Investment Securities		 -0.05 -30 -108 -82 -52 -103 0.15 -2.98 -7.65 -39
Sale and/or Maturity of Investments		 100 44 62 107 36 33 46 8.35 15 81
Other Investing Activities, net		 68 40 39 46 68 69 66 70 22 77
Net Cash From Financing Activities		 3.69 53 -43 1.65 -37 -66 120 -32 3.01 -53
Net Cash From Continuing Financing Activities		 3.69 53 -43 1.65 -37 -66 120 -32 3.01 -53
Net Change in Deposits		 3.70 54 7.61 1.87 -37 -0.83 120 -32 3.02 -53
Other Financing Activities, Net		 -0.01 -0.23 -0.38 -0.22 -0.01 -0.00 -0.16 -0.08 -0.01 -0.01
Cash Interest Paid		 20 21 20 18 17 18 15 11 7.96 4.75
Cash Income Taxes Paid		 0.41 - - 0.00 - - 0.28 0.03 0.50 1.32

Annual Balance Sheets for Sterling Bancorp

This table presents Sterling Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets		 2,437 2,416 2,445
Cash and Due from Banks		 878 578 380
Interest Bearing Deposits at Other Banks		 0.00 5.23 0.93
Trading Account Securities		 343 424 356
Loans and Leases, Net of Allowance		 0.00 0.00 0.00
Premises and Equipment, Net		 4.48 5.43 6.30
Other Assets		 1,211 1,403 1,702
Total Liabilities & Shareholders' Equity		 2,437 2,416 2,445
Total Liabilities		 2,103 2,088 2,132
Non-Interest Bearing Deposits		 38 35 53
Interest Bearing Deposits		 2,033 1,969 1,901
Long-Term Debt		 0.00 50 115
Other Long-Term Liabilities		 32 34 63
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 334 328 313
Total Preferred & Common Equity		 334 328 313
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 334 328 313
Common Stock		 103 101 98
Retained Earnings		 244 242 234
Accumulated Other Comprehensive Income / (Loss)		 -14 -15 -20

Quarterly Balance Sheets for Sterling Bancorp

This table presents Sterling Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 2,439 2,375 2,415 2,447 2,532 2,412 2,448
Cash and Due from Banks		 710 600 646 564 655 419 352
Interest Bearing Deposits at Other Banks		 4.98 5.23 5.23 1.17 0.93 0.93 1.18
Trading Account Securities		 441 447 400 403 339 385 362
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 4.71 4.96 5.21 5.58 5.85 6.14 6.59
Other Assets		 1,277 1,318 1,358 1,472 79 85 88
Total Liabilities & Shareholders' Equity		 2,439 2,375 2,415 2,447 2,532 2,412 2,448
Total Liabilities		 2,104 2,046 2,087 2,131 2,214 2,096 2,118
Non-Interest Bearing Deposits		 31 32 33 41 45 46 70
Interest Bearing Deposits		 2,036 1,981 1,973 2,000 1,997 1,875 1,881
Long-Term Debt		 0.00 0.00 50 50 115 115 115
Other Long-Term Liabilities		 37 32 31 40 58 59 52
Total Equity & Noncontrolling Interests		 335 329 327 316 318 316 330
Total Preferred & Common Equity		 335 329 327 316 318 316 330
Preferred Stock		 0.00 - 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 335 329 327 316 318 316 330
Common Stock		 103 102 101 100 99 98 98
Retained Earnings		 243 243 242 237 237 234 252
Accumulated Other Comprehensive Income / (Loss)		 -11 -16 -16 -21 -18 -17 -21

Annual Metrics And Ratios for Sterling Bancorp

This table displays calculated financial ratios and metrics derived from Sterling Bancorp's official financial filings.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics		 - - -
Revenue Growth		 -15.08% -15.48% -17.36%
EBITDA Growth		 -54.36% 338.84% -112.63%
EBIT Growth		 -59.76% 239.62% -122.90%
NOPAT Growth		 -71.16% 239.99% -122.64%
Net Income Growth		 -71.16% 152.23% -160.68%
EPS Growth		 -73.33% 153.57% -159.57%
Operating Cash Flow Growth		 91.48% -1,165.44% -92.40%
Free Cash Flow Firm Growth		 -20.30% -54.21% -24.84%
Invested Capital Growth		 -11.59% -11.73% -23.45%
Revenue Q/Q Growth		 -2.92% -4.85% -7.52%
EBITDA Q/Q Growth		 -27.81% 191.16% -119.93%
EBIT Q/Q Growth		 -53.97% 173.12% -134.18%
NOPAT Q/Q Growth		 -64.60% 173.31% -143.07%
Net Income Q/Q Growth		 -64.60% 146.09% -215.45%
EPS Q/Q Growth		 -69.23% 148.39% -216.67%
Operating Cash Flow Q/Q Growth		 -243.67% 15.72% 2.27%
Free Cash Flow Firm Q/Q Growth		 22.29% -16.15% -54.48%
Invested Capital Q/Q Growth		 -0.19% 3.17% -3.82%
Profitability Metrics		 - - -
EBITDA Margin		 9.64% 17.93% -6.34%
EBIT Margin		 7.39% 15.59% -9.44%
Profit (Net Income) Margin		 3.72% 10.94% -17.71%
Tax Burden Percent		 50.31% 70.19% 187.63%
Interest Burden Percent		 100.00% 100.00% 100.00%
Effective Tax Rate		 49.69% 29.81% 0.00%
Return on Invested Capital (ROIC)		 0.60% 1.84% -1.07%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.60% 1.84% -6.46%
Return on Net Nonoperating Assets (RNNOA)		 0.05% 0.48% -3.25%
Return on Equity (ROE)		 0.65% 2.32% -4.33%
Cash Return on Invested Capital (CROIC)		 12.90% 14.30% 25.49%
Operating Return on Assets (OROA)		 0.18% 0.43% -0.28%
Return on Assets (ROA)		 0.09% 0.31% -0.53%
Return on Common Equity (ROCE)		 0.65% 2.32% -4.33%
Return on Equity Simple (ROE_SIMPLE)		 0.64% 2.26% -4.54%
Net Operating Profit after Tax (NOPAT)		 2.14 7.41 -5.30
NOPAT Margin		 3.72% 10.94% -6.61%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 5.38%
SG&A Expenses to Revenue		 77.63% 69.74% 56.42%
Operating Expenses to Revenue		 107.45% 97.00% 121.83%
Earnings before Interest and Taxes (EBIT)		 4.25 11 -7.57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 5.54 12 -5.09
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.75 0.92 0.99
Price to Tangible Book Value (P/TBV)		 0.75 0.92 0.99
Price to Revenue (P/Rev)		 4.33 4.44 3.86
Price to Earnings (P/E)		 116.47 40.53 0.00
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.86% 2.47% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.10
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.55
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 18.78
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.35
Leverage & Solvency		 - - -
Debt to Equity		 0.00 0.15 0.37
Long-Term Debt to Equity		 0.00 0.15 0.37
Financial Leverage		 0.08 0.26 0.50
Leverage Ratio		 7.33 7.59 8.11
Compound Leverage Factor		 7.33 7.59 8.11
Debt to Total Capital		 0.00% 13.24% 26.94%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 13.24% 26.94%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 86.76% 73.06%
Debt to EBITDA		 0.00 4.12 -22.67
Net Debt to EBITDA		 0.00 -43.90 52.20
Long-Term Debt to EBITDA		 0.00 4.12 -22.67
Debt to NOPAT		 0.00 6.74 -21.77
Net Debt to NOPAT		 0.00 -71.93 50.13
Long-Term Debt to NOPAT		 0.00 6.74 -21.77
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00%
Liquidity Ratios		 - - -
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 46 58 126
Operating Cash Flow to CapEx		 -2,411.36% -5,847.42% 555.34%
Free Cash Flow to Firm to Interest Expense		 0.58 0.93 5.95
Operating Cash Flow to Interest Expense		 -0.03 -0.40 0.11
Operating Cash Flow Less CapEx to Interest Expense		 -0.03 -0.41 0.09
Efficiency Ratios		 - - -
Asset Turnover		 0.02 0.03 0.03
Fixed Asset Turnover		 11.61 11.55 11.68
Capital & Investment Metrics		 - - -
Invested Capital		 334 378 428
Invested Capital Turnover		 0.16 0.17 0.16
Increase / (Decrease) in Invested Capital		 -44 -50 -131
Enterprise Value (EV)		 -629 -233 44
Market Capitalization		 249 300 309
Book Value per Share		 $6.38 $6.29 $6.15
Tangible Book Value per Share		 $6.38 $6.29 $6.15
Total Capital		 334 378 428
Total Debt		 0.00 50 115
Total Long-Term Debt		 0.00 50 115
Net Debt		 -878 -533 -265
Capital Expenditures (CapEx)		 0.09 0.43 0.42
Net Nonoperating Expense (NNE)		 0.00 0.00 8.90
Net Nonoperating Obligations (NNO)		 0.00 50 115
Total Depreciation and Amortization (D&A)		 1.29 1.58 2.48
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $0.04 $0.15 ($0.28)
Adjusted Weighted Average Basic Shares Outstanding		 50.97M 50.63M 50.35M
Adjusted Diluted Earnings per Share		 $0.04 $0.15 ($0.28)
Adjusted Weighted Average Diluted Shares Outstanding		 51.34M 50.78M 50.35M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 52.30M 52.07M 50.83M
Normalized Net Operating Profit after Tax (NOPAT)		 2.14 7.41 -5.30
Normalized NOPAT Margin		 3.72% 10.94% -6.61%
Pre Tax Income Margin		 7.39% 15.59% -9.44%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 0.05 0.17 -0.36
NOPAT to Interest Expense		 0.03 0.12 -0.25
EBIT Less CapEx to Interest Expense		 0.05 0.16 -0.38
NOPAT Less CapEx to Interest Expense		 0.03 0.11 -0.27
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Sterling Bancorp

This table displays calculated financial ratios and metrics derived from Sterling Bancorp's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -11.28% -14.54% -18.17% -15.71% -18.39% -14.62% -7.28% -20.85% -25.76% -22.32%
EBITDA Growth		 -70.13% 5.09% -24.02% -80.99% 141.59% -62.24% 146.90% -107.69% -231.67% -81.99%
EBIT Growth		 -72.80% 17.31% -46.31% 46.14% 137.69% -67.78% 223.54% -107.38% -257.42% -85.49%
NOPAT Growth		 -77.05% -145.54% -48.17% 46.14% 139.82% -73.30% 215.57% -107.41% -257.81% -87.69%
Net Income Growth		 -77.05% -145.54% -48.17% 60.84% 127.47% -73.30% 215.57% -109.56% -328.81% -87.69%
EPS Growth		 -90.00% -100.00% -40.00% 100.00% 127.78% -50.00% 225.00% -110.00% -325.00% -89.47%
Operating Cash Flow Growth		 -659.16% 110.86% -19.91% -11.63% 89.49% -1,420.81% -10.25% -389.90% 0.99% -88.55%
Free Cash Flow Firm Growth		 -18.68% -60.37% 419.79% -57.57% -53.33% -70.17% -92.13% -18.36% -22.14% 1,659.15%
Invested Capital Growth		 -11.59% -8.60% -24.03% -12.42% -11.73% -17.71% -3.93% -22.63% -23.45% -37.24%
Revenue Q/Q Growth		 -2.91% -5.47% -2.15% -1.21% -6.47% -9.49% 0.79% -4.34% -2.15% -1.71%
EBITDA Q/Q Growth		 109.20% -70.01% 414.52% -117.79% 635.91% -78.31% 849.26% 96.68% -768.19% 41.78%
EBIT Q/Q Growth		 156.83% -63.07% 754.33% -104.38% 1,007.61% -83.10% 756.37% 96.93% -1,046.92% 69.73%
NOPAT Q/Q Growth		 912.59% -110.87% 726.67% -104.15% 1,512.42% -87.63% 751.19% 96.93% -1,181.07% 153.53%
Net Income Q/Q Growth		 912.59% -110.87% 768.02% -103.89% 1,512.42% -87.63% 604.77% 97.27% -1,667.43% 153.53%
EPS Q/Q Growth		 0.00% -100.00% 0.00% -100.00% 900.00% -80.00% 600.00% 97.22% -1,900.00% 150.00%
Operating Cash Flow Q/Q Growth		 -253.40% -15.51% 182.49% -610.07% 97.81% -723.19% 214.97% 33.12% -375.64% -57.65%
Free Cash Flow Firm Q/Q Growth		 43.29% -70.24% 97.71% -3.53% -30.17% 290.26% -83.86% 6.10% -55.37% 2.96%
Invested Capital Q/Q Growth		 -0.19% 1.75% -12.83% -0.12% 3.17% -15.43% 0.50% 0.67% -3.82% -1.28%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 15.90% 7.38% 23.26% -7.24% 47.23% 6.00% 25.05% -3.37% -92.67% 13.57%
EBIT Margin		 13.70% 5.18% 13.26% -1.98% 44.69% 3.77% 20.20% -3.10% -96.77% 10.00%
Profit (Net Income) Margin		 8.55% -1.02% 8.89% -1.30% 33.05% 1.92% 14.03% -2.80% -98.21% 6.13%
Tax Burden Percent		 62.41% -19.72% 67.04% 65.67% 73.97% 50.81% 69.45% 90.31% 101.49% 61.31%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 37.59% 119.72% 32.96% 0.00% 26.03% 49.19% 30.55% 0.00% 0.00% 38.69%
Return on Invested Capital (ROIC)		 1.38% -0.17% 1.44% -0.22% 5.56% 0.34% 2.35% -0.33% -11.00% 0.92%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.38% -0.17% 1.44% -0.21% 5.56% 0.34% 2.35% -0.40% -14.46% 0.92%
Return on Net Nonoperating Assets (RNNOA)		 0.10% -0.01% 0.26% -0.05% 1.43% 0.09% 0.83% -0.20% -7.29% 0.67%
Return on Equity (ROE)		 1.49% -0.19% 1.69% -0.28% 6.99% 0.42% 3.18% -0.53% -18.29% 1.60%
Cash Return on Invested Capital (CROIC)		 12.90% 10.71% 29.02% 15.15% 14.30% 16.94% 1.93% 23.29% 25.49% 47.90%
Operating Return on Assets (OROA)		 0.32% 0.13% 0.33% -0.05% 1.25% 0.11% 0.59% -0.09% -2.91% 0.31%
Return on Assets (ROA)		 0.20% -0.02% 0.22% -0.04% 0.92% 0.06% 0.41% -0.08% -2.96% 0.19%
Return on Common Equity (ROCE)		 1.49% -0.19% 1.69% -0.28% 6.99% 0.42% 3.18% -0.53% -18.29% 1.60%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 1.80% 1.98% 2.36% 0.00% -5.09% -4.79% -6.33% 0.00% 3.73%
Net Operating Profit after Tax (NOPAT)		 1.16 -0.14 1.32 -0.21 5.06 0.31 2.54 -0.39 -13 1.18
NOPAT Margin		 8.55% -1.02% 8.89% -1.39% 33.05% 1.92% 14.03% -2.17% -67.74% 6.13%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% -0.02% 0.00% 0.00% 0.00% 0.07% 3.46% 0.00%
SG&A Expenses to Revenue		 82.13% 80.55% 73.90% 74.52% 73.77% 70.88% 66.75% 68.29% 63.76% 63.46%
Operating Expenses to Revenue		 116.91% 111.52% 100.78% 101.71% 83.76% 108.08% 95.83% 99.35% 197.72% 112.72%
Earnings before Interest and Taxes (EBIT)		 1.86 0.73 1.96 -0.30 6.85 0.62 3.66 -0.56 -18 1.92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 2.16 1.03 3.44 -1.10 7.23 0.98 4.53 -0.61 -17 2.60
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.75 0.71 0.83 0.82 0.92 0.96 0.87 0.91 0.99 0.93
Price to Tangible Book Value (P/TBV)		 0.75 0.71 0.83 0.82 0.92 0.96 0.87 0.91 0.99 0.93
Price to Revenue (P/Rev)		 4.33 4.02 4.41 4.14 4.44 4.27 3.75 3.82 3.86 3.54
Price to Earnings (P/E)		 116.47 39.43 41.89 34.81 40.53 0.00 0.00 0.00 0.00 24.92
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.86% 2.54% 2.39% 2.87% 2.47% 0.00% 0.00% 0.00% 0.00% 4.01%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.15
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.55 0.79
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.67
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.08
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.54
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.78 29.80
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.35 0.25
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.15 0.15 0.16 0.36 0.37 0.37 0.35
Long-Term Debt to Equity		 0.00 0.00 0.00 0.15 0.15 0.16 0.36 0.37 0.37 0.35
Financial Leverage		 0.08 0.08 0.18 0.26 0.26 0.26 0.35 0.50 0.50 0.73
Leverage Ratio		 7.33 7.51 7.59 7.51 7.59 7.58 7.71 7.95 8.11 8.39
Compound Leverage Factor		 7.33 7.51 7.59 7.51 7.59 7.58 7.71 7.95 8.11 8.39
Debt to Total Capital		 0.00% 0.00% 0.00% 13.25% 13.24% 13.66% 26.62% 26.76% 26.94% 25.91%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 13.25% 13.24% 13.66% 26.62% 26.76% 26.94% 25.91%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 86.75% 86.76% 86.34% 73.38% 73.24% 73.06% 74.09%
Debt to EBITDA		 0.00 0.00 0.00 5.74 4.12 -3.75 -9.85 -8.00 -22.67 4.52
Net Debt to EBITDA		 0.00 0.00 0.00 -68.99 -43.90 38.64 46.24 21.17 52.20 -9.34
Long-Term Debt to EBITDA		 0.00 0.00 0.00 5.74 4.12 -3.75 -9.85 -8.00 -22.67 4.52
Debt to NOPAT		 0.00 0.00 0.00 6.48 6.74 -4.94 -12.52 -10.51 -21.77 9.38
Net Debt to NOPAT		 0.00 0.00 0.00 -77.91 -71.93 50.91 58.80 27.79 50.13 -19.38
Long-Term Debt to NOPAT		 0.00 0.00 0.00 6.48 6.74 -4.94 -12.52 -10.51 -21.77 9.38
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 45 31 105 53 55 79 20 126 118 265
Operating Cash Flow to CapEx		 -37,681.82% 0.00% 22,842.86% -6,153.97% -373.97% -34,561.11% 6,239.06% -1,827.89% -5,466.32% 1,682.14%
Free Cash Flow to Firm to Interest Expense		 2.23 1.51 5.41 2.90 3.10 4.69 1.32 10.69 13.51 49.98
Operating Cash Flow to Interest Expense		 -0.21 0.13 0.16 -0.21 -0.03 -1.47 0.26 -0.30 -0.59 0.36
Operating Cash Flow Less CapEx to Interest Expense		 -0.21 0.13 0.16 -0.21 -0.04 -1.48 0.26 -0.31 -0.60 0.33
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.02 0.02 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 11.61 11.51 11.40 11.45 11.55 11.70 11.66 11.36 11.68 11.17
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 334 335 329 377 378 366 433 431 428 445
Invested Capital Turnover		 0.16 0.17 0.16 0.16 0.17 0.18 0.17 0.15 0.16 0.15
Increase / (Decrease) in Invested Capital		 -44 -31 -104 -53 -50 -79 -18 -126 -131 -264
Enterprise Value (EV)		 -629 -477 -333 -333 -233 -211 -263 -17 44 68
Market Capitalization		 249 238 272 269 300 304 278 288 309 306
Book Value per Share		 $6.38 $6.39 $6.32 $6.29 $6.29 $6.07 $6.25 $6.21 $6.15 $6.49
Tangible Book Value per Share		 $6.38 $6.39 $6.32 $6.29 $6.29 $6.07 $6.25 $6.21 $6.15 $6.49
Total Capital		 334 335 329 377 378 366 433 431 428 445
Total Debt		 0.00 0.00 0.00 50 50 50 115 115 115 115
Total Long-Term Debt		 0.00 0.00 0.00 50 50 50 115 115 115 115
Net Debt		 -878 -715 -605 -601 -533 -515 -541 -305 -265 -238
Capital Expenditures (CapEx)		 0.01 0.00 0.01 0.06 0.15 0.07 0.06 0.19 0.10 0.11
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 -0.01 0.00 0.00 0.00 0.11 5.72 0.00
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 50 50 50 115 115 115 115
Total Depreciation and Amortization (D&A)		 0.30 0.31 1.48 -0.80 0.39 0.37 0.88 -0.05 0.77 0.69
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.01 $0.00 $0.03 $0.00 $0.10 $0.01 $0.05 ($0.01) ($0.36) $0.02
Adjusted Weighted Average Basic Shares Outstanding		 50.97M 51.06M 50.92M 50.84M 50.63M 50.70M 50.67M 50.44M 50.35M 50.40M
Adjusted Diluted Earnings per Share		 $0.01 $0.00 $0.03 $0.00 $0.10 $0.01 $0.05 ($0.01) ($0.36) $0.02
Adjusted Weighted Average Diluted Shares Outstanding		 51.34M 51.06M 51.35M 50.84M 50.78M 51.07M 50.78M 50.44M 50.35M 50.57M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 52.30M 52.31M 52.33M 52.03M 52.07M 52.07M 52.08M 50.79M 50.83M 50.80M
Normalized Net Operating Profit after Tax (NOPAT)		 1.16 0.51 1.32 -0.21 5.06 0.31 2.54 -0.39 -13 1.18
Normalized NOPAT Margin		 8.55% 3.63% 8.89% -1.39% 33.05% 1.92% 14.03% -2.17% -67.74% 6.13%
Pre Tax Income Margin		 13.70% 5.18% 13.26% -1.98% 44.69% 3.77% 20.20% -3.10% -96.77% 10.00%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.09 0.04 0.10 -0.02 0.38 0.04 0.24 -0.05 -2.07 0.36
NOPAT to Interest Expense		 0.06 -0.01 0.07 -0.01 0.28 0.02 0.17 -0.03 -1.45 0.22
EBIT Less CapEx to Interest Expense		 0.09 0.04 0.10 -0.02 0.38 0.03 0.23 -0.06 -2.08 0.34
NOPAT Less CapEx to Interest Expense		 0.06 -0.01 0.07 -0.01 0.28 0.01 0.16 -0.05 -1.46 0.20
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Sterling Bancorp's Financials

When does Sterling Bancorp's financial year end?

According to the most recent income statement we have on file, Sterling Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Sterling Bancorp's net income changed over the last 2 years?

Sterling Bancorp's net income appears to be on a downward trend, with a most recent value of $2.14 million in 2024, falling from -$14.19 million in 2022. The previous period was $7.41 million in 2023.

How has Sterling Bancorp revenue changed over the last 2 years?

Over the last 2 years, Sterling Bancorp's total revenue changed from $80.15 million in 2022 to $57.53 million in 2024, a change of -28.2%.

How much debt does Sterling Bancorp have?

Sterling Bancorp's total liabilities were at $2.10 billion at the end of 2024, a 0.7% increase from 2023, and a 1.4% decrease since 2022.

How much cash does Sterling Bancorp have?

In the past 2 years, Sterling Bancorp's cash and equivalents has ranged from $379.80 million in 2022 to $878.18 million in 2024, and is currently $878.18 million as of their latest financial filing in 2024.

How has Sterling Bancorp's book value per share changed over the last 2 years?

Over the last 2 years, Sterling Bancorp's book value per share changed from 6.15 in 2022 to 6.38 in 2024, a change of 3.7%.


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This page (NASDAQ:SBT) was last updated on 5/24/2025 by MarketBeat.com Staff
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