Sterling Bancorp Company Profile (NYSE:STL)

About Sterling Bancorp

Sterling Bancorp logoSterling Bancorp is a financial holding company. The Company is a bank holding company that owns the Sterling National Bank (the Bank). The Bank specializes in the delivery of services and solutions to business owners, their families and consumers within the communities it serves. The Bank offers a line of commercial, business, and consumer banking products and services. The Bank is engaged in the origination of commercial loans and commercial mortgage loans. The Company also originates residential mortgage loans and consumer loans. The Bank offers services in the New York Metro Market, which includes Manhattan and Long Island, and the New York Suburban Market, which consists of Rockland, Orange, Sullivan, Ulster, Putnam and Westchester counties in New York and Bergen County in New Jersey. Its deposit products include non-interest bearing demand deposits, interest bearing demand deposits, savings, money market and certificate of deposits.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: STL
  • CUSIP: 85915810
Key Metrics:
  • Previous Close: $25.05
  • 50 Day Moving Average: $23.63
  • 200 Day Moving Average: $20.10
  • 52-Week Range: $135,257,000.00 - $13.97
  • Trailing P/E Ratio: 23.46
  • Foreward P/E Ratio: 16.19
  • P/E Growth: 3.80
  • Market Cap: $3.39B
  • Outstanding Shares: 135,257,000
  • Beta: 1.05
  • Net Margins: 26.28%
  • Return on Equity: 8.05%
  • Return on Assets: 1.06%
  • Debt-to-Equity Ratio: 1.12%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.97%
Additional Links:
Companies Related to Sterling Bancorp:

Analyst Ratings

Consensus Ratings for Sterling Bancorp (NYSE:STL) (?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $22.50 (10.36% downside)

Analysts' Ratings History for Sterling Bancorp (NYSE:STL)
DateFirmActionRatingPrice TargetDetails
1/11/2017Piper Jaffray CompaniesUpgradeNeutral -> Overweight$25.50View Rating Details
1/9/2017Hovde GroupDowngradeOutperform -> Market PerformView Rating Details
12/19/2016Maxim GroupBoost Price TargetBuy$21.00 -> $27.00View Rating Details
11/1/2016Jefferies Group LLCReiterated RatingBuy$21.00View Rating Details
8/31/2016FIG PartnersReiterated RatingOutperformView Rating Details
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$18.00 -> $19.00View Rating Details
9/30/2015Royal Bank Of CanadaInitiated CoverageOutperform$18.00View Rating Details
3/12/2015GuggenheimDowngradeBuy -> NeutralView Rating Details
(Data available from 2/19/2015 forward)


Earnings History for Sterling Bancorp (NYSE:STL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/24/2017Q416$0.29$0.30$34.78 millionViewN/AView Earnings Details
10/25/2016Q3$0.28$0.29$122.20 million$112.20 millionViewN/AView Earnings Details
7/26/2016Q216$0.28$0.27$34.78 million$119.51 millionViewN/AView Earnings Details
4/26/2016Q1$0.25$0.25ViewN/AView Earnings Details
1/27/2016Q116$0.26$0.26$34.78 millionViewListenView Earnings Details
10/26/2015Q315$0.25$0.25$34.78 millionViewListenView Earnings Details
7/27/2015Q215$0.19$0.23$34.78 millionViewListenView Earnings Details
4/30/2015Q115$0.22$0.19ViewN/AView Earnings Details
1/27/2015Q414$0.23$0.20ViewN/AView Earnings Details
10/27/2014Q214$0.22$0.19$71.90 million$71.90 millionViewN/AView Earnings Details
7/28/2014Q114$0.19$0.18$34.80 millionViewN/AView Earnings Details
4/30/2014$0.17$0.12ViewN/AView Earnings Details
2/4/2014Q4$0.14$0.16ViewN/AView Earnings Details
7/26/2013Q2 2013$0.18$0.18$36.06 millionViewN/AView Earnings Details
4/26/2013Q1 2013$0.17$0.17$31.09 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.17$0.17$35.02 millionViewN/AView Earnings Details
11/2/2012Q312$0.18$0.17$35.01 millionViewN/AView Earnings Details
7/24/2012$0.15$0.16ViewN/AView Earnings Details
4/23/2012$0.14$0.15ViewN/AView Earnings Details
1/31/2012$0.15$0.17ViewN/AView Earnings Details
10/20/2011$0.14$0.14ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Sterling Bancorp (NYSE:STL)
Current Year EPS Consensus Estimate: $0.69 EPS
Next Year EPS Consensus Estimate: $1.55 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.25$0.25$0.25
Q2 20161$0.28$0.28$0.28
Q3 20162$0.28$0.29$0.29
Q4 20162$0.28$0.31$0.30
Q1 20172$0.30$0.30$0.30
Q2 20172$0.32$0.33$0.33
Q3 20172$0.34$0.35$0.35
Q4 20172$0.35$0.37$0.36
Q1 20181$0.35$0.35$0.35
Q2 20181$0.36$0.36$0.36
Q3 20181$0.39$0.39$0.39
Q4 20181$0.39$0.39$0.39
(Data provided by Zacks Investment Research)


Current Dividend Information for Sterling Bancorp (NYSE:STL)
Annual Dividend:$0.28
Dividend Yield:1.12%
Dividend Growth:-8.00% (3 Year Average)
Payout Ratio:26.17% (Based on Trailing 12 Months of Earnings)
40.58% (Based on Current Year Consensus EPS Estimate)
18.06% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sterling Bancorp (NYSE:STL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sterling Bancorp (NYSE:STL)
Insider Ownership Percentage: 4.04%
Institutional Ownership Percentage: 73.52%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2017Craig S ThompsonDirectorSell5,500$24.00$132,000.00View SEC Filing  
2/1/2017Thomas G KahnDirectorSell62,000$23.63$1,465,060.00View SEC Filing  
1/31/2017Thomas G KahnDirectorSell1,475$23.70$34,957.50View SEC Filing  
1/30/2017Thomas G KahnDirectorSell23,945$24.19$579,229.55View SEC Filing  
1/26/2017Craig S ThompsonDirectorSell16,000$24.45$391,200.00View SEC Filing  
11/15/2016Craig S ThompsonDirectorSell3,500$22.05$77,175.00View SEC Filing  
11/14/2016James F DeutschDirectorSell100,000$22.48$2,248,000.00View SEC Filing  
11/10/2016James F DeutschDirectorSell100,000$20.16$2,016,000.00View SEC Filing  
11/9/2016James F DeutschDirectorSell200,000$19.09$3,818,000.00View SEC Filing  
10/27/2016Craig S ThompsonDirectorSell1,000$17.87$17,870.00View SEC Filing  
9/12/2016Richard L O'tooleDirectorBuy3,000$17.40$52,200.00View SEC Filing  
9/1/2016James F DeutschDirectorSell100,000$17.58$1,758,000.00View SEC Filing  
8/26/2016Craig S ThompsonDirectorSell4,847$17.20$83,368.40View SEC Filing  
8/23/2016James F DeutschDirectorSell200,000$17.19$3,438,000.00View SEC Filing  
8/18/2016John C MillmanDirectorSell20,000$17.26$345,200.00View SEC Filing  
8/16/2016Craig S ThompsonDirectorSell3,500$17.11$59,885.00View SEC Filing  
8/12/2016Richard L O'tooleDirectorBuy1,000$16.93$16,930.00View SEC Filing  
8/11/2016Jack L KopniskyCEOSell107,526$17.19$1,848,371.94View SEC Filing  
8/8/2016Robert W LazarDirectorBuy475$17.07$8,108.25View SEC Filing  
8/3/2016Michael E FinnInsiderSell16,480$16.86$277,852.80View SEC Filing  
8/1/2016Robert AbramsDirectorSell1,835$17.00$31,195.00View SEC Filing  
7/29/2016Craig S ThompsonDirectorSell3,000$16.96$50,880.00View SEC Filing  
7/28/2016Craig S ThompsonDirectorSell2,000$16.98$33,960.00View SEC Filing  
5/23/2016Craig S ThompsonDirectorSell2,500$15.88$39,700.00View SEC Filing  
5/16/2016Craig S ThompsonDirectorSell2,000$15.64$31,280.00View SEC Filing  
5/10/2016Richard L O'tooleDirectorBuy1,000$15.77$15,770.00View SEC Filing  
4/28/2016Craig S ThompsonDirectorSell3,000$16.54$49,620.00View SEC Filing  
4/28/2016James P BloseGeneral CounselSell7,500$16.61$124,575.00View SEC Filing  
3/8/2016Craig S ThompsonDirectorSell3,000$15.33$45,990.00View SEC Filing  
2/23/2016Craig S ThompsonDirectorSell7,000$14.49$101,430.00View SEC Filing  
2/18/2016Richard L O'tooleDirectorBuy1,000$14.17$14,170.00View SEC Filing  
2/11/2016Robert AbramsDirectorBuy1,100$13.60$14,960.00View SEC Filing  
2/9/2016Robert AbramsDirectorBuy735$13.60$9,996.00View SEC Filing  
12/2/2015Craig S ThompsonDirectorSell1,000$17.40$17,400.00View SEC Filing  
12/1/2015Thomas G KahnDirectorSell3,000$17.43$52,290.00View SEC Filing  
11/25/2015Louis J CappelliDirectorSell25,000$17.32$433,000.00View SEC Filing  
11/16/2015Thomas G KahnDirectorSell25,000$16.03$400,750.00View SEC Filing  
11/6/2015John C MillmanDirectorSell20,000$16.45$329,000.00View SEC Filing  
11/3/2015Craig S ThompsonDirectorSell3,000$15.60$46,800.00View SEC Filing  
10/29/2015Richard L O'tooleDirectorBuy1,000$15.77$15,770.00View SEC Filing  
9/10/2015James P BloseGeneral CounselBuy1,000$14.24$14,240.00View SEC Filing  
9/9/2015Craig S. ThompsonDirectorSell3,000$14.27$42,810.00View SEC Filing  
8/26/2015Michael E FinnInsiderBuy4,000$13.48$53,920.00View SEC Filing  
8/25/2015Jack L KopniskyCEOBuy14,461$13.47$194,789.67View SEC Filing  
8/25/2015James P BloseGeneral CounselBuy1,000$13.58$13,580.00View SEC Filing  
8/24/2015Craig S ThompsonDirectorSell1,500$13.63$20,445.00View SEC Filing  
8/7/2015Robert AbramsDirectorBuy1,200$14.66$17,592.00View SEC Filing  
5/20/2015Robert W LazarDirectorBuy1,000$13.41$13,410.00View SEC Filing  
5/4/2015Richard L O'tooleDirectorBuy3,000$13.01$39,030.00View SEC Filing  
12/10/2014Michael BizenovEVPSell3,500$13.73$48,055.00View SEC Filing  
11/13/2014Robert AbramsDirectorBuy1,800$13.96$25,128.00View SEC Filing  
5/2/2014Richard O'tooleDirectorBuy2,000$11.57$23,140.00View SEC Filing  
3/14/2014David BagatelleEVPSell20,533$12.59$258,510.47View SEC Filing  
2/26/2014David BagatelleEVPSell12,500$12.61$157,625.00View SEC Filing  
12/13/2013David BagatelleEVPSell1,800$12.62$22,716.00View SEC Filing  
11/15/2013John MillmanDirectorSell2,211$12.22$27,018.42View SEC Filing  
11/1/2013Daniel RothsteinEVPSell16,667$11.76$196,003.92View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Sterling Bancorp (NYSE:STL)
DateHeadline logoStatoil CEO: Results Impacted by Low Commodity Prices (NYSE:STL) - February 8 at 6:22 AM logoETFs with exposure to Sterling Bancorp : February 3, 2017 (NYSE:STL) - February 4 at 2:48 AM
News IconSterling National Bank Appoints New Managing Director, Originations to ABL Team (NYSE:STL) - February 3 at 6:02 AM
News IconSterling National Bank Appoints New Managing Director, Originations to ABL Team (NYSE:STL) - February 3 at 6:02 AM logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : February 2, 2017 (NYSE:STL) - February 3 at 6:02 AM logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : February 2, 2017 (NYSE:STL) - February 3 at 6:02 AM logoJan Hanssen Joins Sterling National Bank's Asset-Based Finance Team (NYSE:STL) - February 2 at 4:57 AM logoSterling National Bank Ranked #36 in Forbes' 2017 List of America's Best Banks (NYSE:STL) - February 1 at 6:39 AM logoUPDATE - Sterling National Bank Ranked #36 in Forbes' 2017 List of America's Best Banks (NYSE:STL) - February 1 at 6:39 AM
News IconRevenue Estimates Analysis: Valley National Bancorp (VLY) (NYSE:STL) - January 27 at 5:20 AM logoSterling Bancorp (NYSE:STL) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year (NYSE:STL) - January 27 at 5:20 AM logoSterling Bancorp :STL-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NYSE:STL) - January 27 at 5:20 AM logoQ4 2016 Sterling Bancorp Earnings Release - After Market Close (NYSE:STL) - January 26 at 6:05 AM logoSterling Bancorp Announces Record Results for the Three and Twelve Months Ended December 31, 2016 (NYSE:STL) - January 26 at 6:05 AM logoSTERLING BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:STL) - January 26 at 6:05 AM logoSTERLING BANCORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (NYSE:STL) - January 26 at 6:05 AM logoEdited Transcript of STL earnings conference call or presentation 25-Jan-17 3:30pm GMT (NYSE:STL) - January 26 at 6:05 AM
News IconHow Sterling Bancorp’s (STL) 7.7% ROE Fares Against The Industry? (NYSE:STL) - January 25 at 6:18 AM logoSterling Bancorp Reveals 19% Rise In Q4 Earnings (NYSE:STL) - January 25 at 6:18 AM logoSterling Bancorp EPS in-line, misses on revenue (NYSE:STL) - January 25 at 6:18 AM logoSterling Bancorp posts 4Q profit (NYSE:STL) - January 25 at 6:18 AM logoSTL Crosses Above Average Analyst Target (NYSE:STL) - January 21 at 2:14 AM logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : January 20, 2017 (NYSE:STL) - January 21 at 2:14 AM
News IconSterling National Bank Appoints Goldberg VP/Managing Director (NYSE:STL) - January 17 at 10:19 PM logoSterling National Bank Appoints Troy Grasinger as Vice President and Managing Director (NYSE:STL) - January 12 at 11:02 PM logoSterling National Bank Appoints Steven Goldberg as Vice President and Managing Director (NYSE:STL) - January 11 at 2:26 AM logoSterling Bancorp downgraded by Hovde Group (NYSE:STL) - January 9 at 11:45 PM logoSterling Bancorp to Announce Fourth Quarter and Full-Year 2016 Results (NYSE:STL) - January 7 at 5:22 AM logoSterling Bancorp : STL-US: Dividend Analysis : November 07th, 2016 (record date) : By the numbers : January 5, 2017 (NYSE:STL) - January 6 at 5:31 AM
News IconSterling Bancorp (NYSE:STL) Issued With 'Buy' Rating At Maxim Group (NYSE:STL) - December 22 at 11:55 PM
News IconSterling Bancorp reiterated as Buy By Maxim Group (NYSE:STL) - December 20 at 2:51 PM logoCan Sterling Bancorp (NYSE:STL) Meet Analysts EPS Target Of $0.3? (NYSE:STL) - December 13 at 9:25 PM logoSterling Bancorp : Lindy Baldwin Joins Sterling National Bank's Franchise Finance Team (NYSE:STL) - December 12 at 8:06 PM logoLindy Baldwin Joins Sterling National Bank's Franchise Finance Team (NYSE:STL) - December 12 at 8:06 PM
News IconDo Hedge Funds Love Sterling Bancorp (STL)? (NYSE:STL) - December 8 at 7:03 PM
News IconPrakash Chonkar Joins Sterling National Bank's Commercial Banking Team (NYSE:STL) - December 6 at 7:38 PM logoSterling Bancorp (NYSE:STL) Ratings in Focus (NYSE:STL) - December 6 at 7:38 PM logoOil Demand Will Outpace Supply in 2017: Statoil CFO (NYSE:STL) - November 29 at 10:39 AM logoEquipment companies power Dow and S&P 500 to new records (NYSE:STL) - November 23 at 7:53 PM logoSTERLING BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements a (NYSE:STL) - November 22 at 7:50 PM logoSterling Bancorp Announces Closing of Public Offering of Common Stock, Including Full Exercise of Underwriters Option (NYSE:STL) - November 22 at 7:50 PM logoSterling Bancorp (NASDAQ:STL) Files An 8-K Other Events (NYSE:STL) - November 19 at 10:09 AM logoSTERLING BANCORP : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:STL) - November 16 at 7:56 PM
News IconSterling Bancorp Announces Public Offering of Common Stock (NYSE:STL) - November 16 at 7:56 PM
News IconNotable Insider Filing: James Deutsch, Sterling Bancorp (NYSE:STL)’s insider Unloaded 100,000 Shares (NYSE:STL) - November 15 at 11:26 AM logoFounder Ken Poteet resigns from Sterling Bank (NYSE:STL) - November 14 at 7:52 PM logo33.5% Return Seen to Date on SmarTrend Sterling Bancorp Call (STL) (NYSE:STL) - November 14 at 7:52 PM logoSTERLING BANCORP Financials (NYSE:STL) - November 11 at 7:24 PM logoSterling Bancorp :STL-US: Earnings Analysis: Q3, 2016 By the Numbers : November 9, 2016 (NYSE:STL) - November 9 at 7:44 PM
News IconFY2016 EPS Estimates for Sterling Bancorp (STL) Increased by Analyst (NYSE:STL) - November 7 at 11:49 AM


What is Sterling Bancorp's stock symbol?

Sterling Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "STL."

How often does Sterling Bancorp pay dividends? What is the dividend yield for Sterling Bancorp?

Sterling Bancorp announced a quarterly dividend on Tuesday, January 24th. Stockholders of record on Monday, February 6th will be paid a dividend of $0.07 per share on Tuesday, February 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, February 2nd.

Where is Sterling Bancorp's stock going? Where will Sterling Bancorp's stock price be in 2017?

6 equities research analysts have issued 12 month target prices for Sterling Bancorp's shares. Their forecasts range from $19.00 to $27.00. On average, they anticipate Sterling Bancorp's stock price to reach $22.50 in the next year.

When will Sterling Bancorp announce their earnings?

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Sterling Bancorp stock?

Sterling Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.83%), State Street Corp (3.46%), Gamco Investors INC. ET AL (0.87%), Foresters Investment Management Company Inc. (0.78%), Systematic Financial Management LP (0.75%) and Skyline Asset Management LP (0.71%). Company insiders that own Sterling Bancorp stock include Craig S Thompson, Jack L Kopnisky, James F Deutsch, James P Blose, John C Millman, Louis J Cappelli, Michael E Finn, Richard L O'toole, Robert Abrams, Robert W Lazar and Thomas G Kahn.

Who sold Sterling Bancorp stock? Who is selling Sterling Bancorp stock?

Sterling Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Skyline Asset Management LP, Cipher Capital LP, Foresters Investment Management Company Inc., Gabelli Funds LLC, Netols Asset Management Inc., Menta Capital LLC and GSA Capital Partners LLP. Company insiders that have sold Sterling Bancorp stock in the last year include Craig S Thompson, Jack L Kopnisky, James F Deutsch, James P Blose, John C Millman, Michael E Finn, Robert Abrams and Thomas G Kahn.

Who bought Sterling Bancorp stock? Who is buying Sterling Bancorp stock?

Sterling Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, William Blair Investment Management LLC, Russell Investments Group Ltd., Employees Retirement System of Texas, Allianz Asset Management AG, Tudor Investment Corp Et Al, Comerica Bank and Guggenheim Capital LLC. Company insiders that have bought Sterling Bancorp stock in the last two years include Jack L Kopnisky, James P Blose, Michael E Finn, Richard L O'toole, Robert Abrams and Robert W Lazar.

How do I buy Sterling Bancorp stock?

Shares of Sterling Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sterling Bancorp stock cost?

One share of Sterling Bancorp stock can currently be purchased for approximately $25.10.

Sterling Bancorp (NYSE:STL) Chart for Sunday, February, 19, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Sterling Bancorp (NYSE:STL)

Earnings History Chart

Earnings by Quarter for Sterling Bancorp (NYSE:STL)

Dividend History Chart

Dividend Payments by Quarter for Sterling Bancorp (NYSE:STL)

Last Updated on 2/19/2017 by Staff