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: $17.17
  • 50 Day Moving Average: $16.76
  • 200 Day Moving Average: $15.93
  • Trailing P/E Ratio: 18.91
  • Foreward P/E Ratio: 13.63
  • P/E Growth: 0.00
  • Market Cap: $2.24B
  • Outstanding Shares: 130,655,000
  • Beta: 1.29
Additional Links:
Companies Related to Sterling Bancorp:

Analyst Ratings

Consensus Ratings for Sterling Bancorp (NYSE:STL) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $18.63 (8.47% upside)

Analysts' Ratings History for Sterling Bancorp (NYSE:STL)
Show:
DateFirmActionRatingPrice TargetDetails
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$18.00 -> $19.00View Rating Details
7/7/2016Jefferies GroupReiterated RatingBuy$18.50View Rating Details
6/22/2016Maxim GroupInitiated CoverageBuy$19.00View Rating Details
9/30/2015Royal Bank Of CanadaInitiated CoverageOutperform$18.00View Rating Details
6/5/2015Piper Jaffray Cos.Initiated CoverageOverweight$15.00View Rating Details
3/12/2015GuggenheimDowngradeBuy -> NeutralView Rating Details
(Data available from 8/23/2014 forward)

Earnings

Earnings History for Sterling Bancorp (NYSE:STL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2016        
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)

Estimates

Earnings Estimates for Sterling Bancorp (NYSE:STL)
Current Year EPS Consensus Estimate: $0.69 EPS
Next Year EPS Consensus Estimate: $1.26 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.25$0.25$0.25
Q2 20161$0.28$0.28$0.28
Q3 20161$0.30$0.30$0.30
Q4 20161$0.32$0.32$0.32
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sterling Bancorp (NYSE:STL)
Annual Dividend:$0.28
Dividend Yield:1.63%
Payout Ratio:30.77% (Based on Trailing 12 Months of Earnings)
40.58% (Based on Current Year Consensus EPS Estimate)
22.22% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-8.00% (3 Year Average)

Dividend History for Sterling Bancorp (NYSE:STL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2016quarterly$0.071.66%8/4/20168/8/20168/23/2016
4/26/2016quarterly$0.071.7%5/4/20165/6/20165/23/2016
1/26/2016quarterly$0.071.82%2/3/20162/5/20162/22/2016
10/26/2015quarterly$0.071.85%11/3/201511/5/201511/16/2015
7/28/2015quarterly$0.071.9%8/4/20158/6/20158/17/2015
4/29/2015quarterly$0.072.16%5/7/20155/11/20155/21/2015
1/27/2015quarterly$0.072.12%2/4/20152/6/20152/16/2015
10/27/2014quarterly$0.072.04%11/4/201411/6/201411/17/2014
7/25/2014quarterly$0.072.39%7/31/20148/4/20148/14/2014
4/30/2014quarterly$0.072.43%5/8/20145/12/20145/22/2014
2/4/2014quarterly$0.072.31%2/12/20142/14/20142/24/2014
9/26/2013quarterly$0.092.64%10/10/201310/15/201310/30/2013
7/19/2013quarterly$0.092.73%7/30/20138/1/20138/15/2013
5/2/2013quarterly$0.093.19%6/12/20136/14/20136/28/2013
2/14/2013quarterly$0.093.54%3/13/20133/15/20133/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sterling Bancorp (NYSE:STL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Sterling Bancorp (NYSE:STL)
DateHeadline
4-traders.com logoSterling Bancorp : Terry O'Grady Joins Sterling National Bank (NYSE:STL)
www.4-traders.com - August 23 at 12:08 PM
publicnow.com logoTerry O'Grady Joins Sterling National Bank (NYSE:STL)
www.publicnow.com - August 22 at 11:40 AM
publicnow.com logoStephen Altneu Joins Sterling National Bank as Managing Director (NYSE:STL)
www.publicnow.com - August 17 at 10:35 AM
News IconMark Smith Joins Sterling National Bank’s Commercial Banking Team (NYSE:STL)
www.abladvisor.com - August 16 at 7:42 PM
finance.yahoo.com logoFreedom Mortgage Finalizes Acquisition of Sterling National Bank Mortgage Operations (NYSE:STL)
finance.yahoo.com - August 15 at 7:57 PM
publicnow.com logoMark R. Smith Joins Sterling National Bank's Commercial Banking Team (NYSE:STL)
www.publicnow.com - August 15 at 9:45 AM
fidaily.com logoSterling Bancorp (NYSE:STL) Trading Down – Insiders Are Buying and Selling (NYSE:STL)
www.fidaily.com - August 12 at 7:44 PM
mysmartrend.com logoSterling Bancorp Crosses Below its 10-day MA (STL) (NYSE:STL)
www.mysmartrend.com - August 12 at 7:44 PM
capitalcube.com logoSterling Bancorp :STL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:STL)
www.capitalcube.com - August 8 at 7:51 PM
forbes.com logoEx-Dividend Reminder: Capital One Financial, Sterling Bancorp and Lazard (NYSE:STL)
www.forbes.com - August 2 at 11:35 AM
News IconMore arrests as Turkish leader tightens the noose (NYSE:STL)
learningandfinance.com - July 31 at 11:25 AM
News IconUFC 201: Lawler vs (NYSE:STL)
learningandfinance.com - July 30 at 6:50 PM
bizjournals.com logo3 St. Louis banks cited as among the healthiest (NYSE:STL)
www.bizjournals.com - July 29 at 7:50 PM
rttnews.com logoEARNINGS SUMMARY: Details of Sterling Bancorp Q2 Earnings Report (NYSE:STL)
www.rttnews.com - July 27 at 8:02 PM
finance.yahoo.com logoEdited Transcript of STL earnings conference call or presentation 27-Jul-16 2:30pm GMT (NYSE:STL)
finance.yahoo.com - July 27 at 3:41 PM
finance.yahoo.com logoStatoil Surprised by Loss as Oil Prices Hit Profits (NYSE:STL)
finance.yahoo.com - July 27 at 6:19 AM
publicnow.com logoSterling Bancorp Announces Record Results for the Three and Six Months Ended June 30, 2016. Strong Operating Momentum in the Second Quarter Continues, Highlighted by GAAP Diluted Earnings per Share of $0.29, Adjusted Diluted Earnings per Sh (NYSE:STL)
www.publicnow.com - July 27 at 3:18 AM
finance.yahoo.com logoStatoil Comfortable With Financial Situation, Says Saetre (NYSE:STL)
finance.yahoo.com - July 27 at 2:38 AM
sg.finance.yahoo.com logoSterling Bancorp posts 2Q profit (NYSE:STL)
sg.finance.yahoo.com - July 26 at 6:16 PM
biz.yahoo.com logoQ2 2016 Sterling Bancorp Earnings Release - After Market Close (NYSE:STL)
biz.yahoo.com - July 26 at 7:07 AM
finance.yahoo.com logoRobert W. Koar Joins Sterling National Bank (NYSE:STL)
finance.yahoo.com - July 20 at 7:00 AM
capitalcube.com logoSterling Bancorp breached its 50 day moving average in a Bullish Manner : STL-US : July 11, 2016 (NYSE:STL)
www.capitalcube.com - July 11 at 9:40 AM
nasdaq.com logoSterling Bancorp (STL) Shares Cross Above 200 DMA (NYSE:STL)
www.nasdaq.com - July 9 at 10:39 AM
publicnow.com logoSterling Bancorp to Announce Second Quarter 2016 Results (NYSE:STL)
www.publicnow.com - July 5 at 4:21 PM
benzinga.com logoSTL: Insiders vs. Shorts (NYSE:STL)
www.benzinga.com - June 28 at 7:29 PM
cnbc.com logoAfter $3 trillion in post-Brexit paper losses, global markets bounce (NYSE:STL)
www.cnbc.com - June 28 at 11:34 AM
News IconDeals done for last big U.S. sale of GE Capital (NYSE:STL)
www.thehour.com - June 28 at 11:34 AM
finance.yahoo.com logoSterling National Bank to Acquire Eastern U.S. Restaurant Franchise Financing Loan Portfolio From GE Capital (NYSE:STL)
finance.yahoo.com - June 28 at 11:34 AM
finance.yahoo.com logoGE Capital to sell bulk of U.S. restaurant franchise loan portfolio (NYSE:STL)
finance.yahoo.com - June 27 at 6:08 PM
capitalcube.com logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : June 27, 2016 (NYSE:STL)
www.capitalcube.com - June 27 at 10:47 AM
breakingfinancenews.com logoSterling Bancorp (NYSE:STL) target price upped to $19, reported today by Maxim Group (NYSE:STL)
breakingfinancenews.com - June 25 at 11:16 AM
finance.yahoo.com logoCoverage initiated on Sterling Bancorp by Maxim Group (NYSE:STL)
finance.yahoo.com - June 23 at 6:09 AM
uk.finance.yahoo.com logoGLOBAL MARKETS-Stocks, sterling surge as Brexit momentum weakens in polls (NYSE:STL)
uk.finance.yahoo.com - June 20 at 2:56 PM
uk.finance.yahoo.com logoFOREX-Sterling rises after pro-EU British lawmaker killed; yen up (NYSE:STL)
uk.finance.yahoo.com - June 16 at 4:14 PM
istreetwire.com logoSterling Bancorp. (NYSE:STL) To Report September 2013 Results (NYSE:STL)
istreetwire.com - June 14 at 7:16 PM
capitalcube.com logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : June 14, 2016 (NYSE:STL)
www.capitalcube.com - June 14 at 8:51 AM
biz.yahoo.com logoSTERLING BANCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:STL)
biz.yahoo.com - May 31 at 4:47 PM
istreetwire.com logoTop Earnings to Watch for: Sterling Bancorp. (STL) - iStreetWire (NYSE:STL)
www.istreetwire.com - May 30 at 6:44 PM
capitalcube.com logoSterling Bancorp breached its 50 day moving average in a Bullish Manner : STL-US : May 25, 2016 (NYSE:STL)
www.capitalcube.com - May 25 at 9:02 AM
finance.yahoo.com logoStatoil CFO: Some Signs of Recovery Amid Uncertainty (NYSE:STL)
finance.yahoo.com - May 25 at 4:18 AM
News IconWere Analysts Bearish Sterling Bancorp (NYSE:STL) This Week? - Wall Street Hints and News (NYSE:STL)
hintsnewsnetwork.com - May 24 at 1:26 PM
News IconTarget Check and Stock Performance Recap Sterling Bancorp (NYSE:STL) - Wall Street Hints and News (NYSE:STL)
hintsnewsnetwork.com - May 24 at 1:26 PM
News IconEarnings Review and Stock Rundown for Sterling Bancorp (NYSE:STL) - Wall Street Hints and News (NYSE:STL)
hintsnewsnetwork.com - May 24 at 1:26 PM
News IconSterling Bancorp (NYSE:STL) Updated Broker Price Targets - Share Trading News (NYSE:STL)
www.sharetrading.news - May 21 at 12:45 PM
investornewswire.com logoCan Sterling Bancorp (NYSE:STL)'s Touch $14.75 In Coming Year? - Investor Newswire (NYSE:STL)
www.investornewswire.com - May 17 at 1:46 PM
News IconShare Recap and Earnings Focus on Sterling Bancorp (NYSE:STL) - Wall Street Hints and News (NYSE:STL)
hintsnewsnetwork.com - May 17 at 1:46 PM
finance.yahoo.com logoSTERLING BANCORP Financials (NYSE:STL)
finance.yahoo.com - May 14 at 1:04 PM
News IconNext Weeks Broker Price Targets For Sterling Bancorp (NYSE:STL) - Share Trading News (NYSE:STL)
www.sharetrading.news - May 9 at 7:07 AM
nasdaq.com logoSTL Makes Notable Cross Below Critical Moving Average (NYSE:STL)
www.nasdaq.com - May 7 at 6:56 AM
biz.yahoo.com logoSTERLING BANCORP Files SEC form 10-Q, Quarterly Report (NYSE:STL)
biz.yahoo.com - May 6 at 9:16 AM

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Sterling Bancorp (NYSE:STL) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff