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: $17.40
  • 50 Day Moving Average: $17.36
  • 200 Day Moving Average: $16.65
  • 52-Week Range: $13.44 - $17.93
  • Trailing P/E Ratio: 19.16
  • Foreward P/E Ratio: 13.81
  • P/E Growth: 3.13
  • Market Cap: $2.27B
  • Outstanding Shares: 130,655,000
  • Beta: 1.19
  • Net Margins: 23.68%
  • Return on Equity: 7.89%
  • Return on Assets: 1.08%
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.90%
Additional Links:
Companies Related to Sterling Bancorp:

Analyst Ratings

Consensus Ratings for Sterling Bancorp (NYSE:STL) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $19.13 (9.91% upside)

Analysts' Ratings History for Sterling Bancorp (NYSE:STL)
DateFirmActionRatingPrice TargetDetails
10/10/2016Hovde GroupInitiated CoverageOutperform$20.00View Rating Details
8/31/2016FIG PartnersReiterated RatingOutperformView Rating Details
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 10/26/2014 forward)


Earnings History for Sterling Bancorp (NYSE:STL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $1.26 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.25$0.25$0.25
Q2 20161$0.28$0.28$0.28
Q3 20162$0.28$0.29$0.29
Q4 20162$0.29$0.31$0.30
Q1 20172$0.29$0.30$0.30
Q2 20172$0.31$0.32$0.32
Q3 20172$0.33$0.33$0.33
Q4 20172$0.34$0.34$0.34
(Data provided by Zacks Investment Research)


Current Dividend Information for Sterling Bancorp (NYSE:STL)
Annual Dividend:$0.28
Dividend Yield:1.61%
Dividend Growth:-8.00% (3 Year Average)
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 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: 77.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 logoSterling Bancorp posts 3Q profit (NYSE:STL) - October 25 at 7:35 PM logoQ3 2016 Sterling Bancorp Earnings Release - After Market Close (NYSE:STL) - October 25 at 11:13 AM logoSterling Bancorp breached its 50 day moving average in a Bullish Manner : STL-US : October 25, 2016 (NYSE:STL) - October 25 at 11:13 AM logoSterling Bank founder Poteet placed on administrative leave (NYSE:STL) - October 20 at 12:39 PM logoStatoil CEO Saetre Prepares for Rebalancing Oil Market (NYSE:STL) - October 18 at 11:55 AM
News IconUpdate on Sterling Bancorp. (NYSE:STL) for the day (NYSE:STL) - October 15 at 7:02 PM logoSterling Bancorp : STL-US: Dividend Analysis : August 08th, 2016 (record date) : By the numbers : October 14, 2016 (NYSE:STL) - October 14 at 7:19 PM logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : October 14, 2016 (NYSE:STL) - October 14 at 10:47 AM
News IconRating To Observe: Sterling Bancorp (NYSE:STL) Gets Coverage From Hovde Group with $20.00 PT (NYSE:STL) - October 11 at 12:28 PM
News IconRating Summary: Sterling Bancorp (NYSE:STL): What Hovde Group Is Saying; Why Has $20 Stock Target (NYSE:STL) - October 10 at 11:18 AM logoSterling Bancorp to Announce Third Quarter 2016 Results (NYSE:STL) - October 7 at 11:30 AM
News IconBroker Roundup For Sterling Bancorp (NYSE:STL) (NYSE:STL) - September 29 at 11:47 AM logoSterling Bancorp breached its 50 day moving average in a Bearish Manner : STL-US : September 21, 2016 (NYSE:STL) - September 21 at 11:37 AM logoWatch for Sterling Bancorp to Potentially Rebound After Falling 1.03% Yesterday (NYSE:STL) - September 12 at 7:00 PM
News IconBroker Outlook For The Week Ahead Sterling Bancorp (NYSE:STL) (NYSE:STL) - September 11 at 6:49 PM
News IconStock Slipping Down Over the Past Five Trading Sessions: Sterling Bancorp. (NYSE:STL) (NYSE:STL) - September 9 at 11:27 AM logoStatoil's Anfinnsen: No Sign Oil Market Is Rebalancing (NYSE:STL) - September 6 at 11:17 AM logoSterling National Bank Announces Closing of Subordinated Notes Offering; Offering of $65 Million (NYSE:STL) - September 2 at 7:24 PM logoSTERLING BANCORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:STL) - September 2 at 7:24 PM logoSterling Bancorp : National Bank Announces Pricing of Subordinated Notes Offering (NYSE:STL) - August 30 at 7:25 PM logo4:11 pm Sterling Bancorp's subsidiary Sterling National Bank announces pricing of subordinated notes offering (NYSE:STL) - August 30 at 7:25 PM logoSterling National Bank Announces Pricing of Subordinated Notes Offering (NYSE:STL) - August 30 at 7:25 PM logoInsiders Are Selling – Sterling Bancorp (NYSE:STL) (NYSE:STL) - August 24 at 10:41 AM logoSterling Bancorp : Terry O'Grady Joins Sterling National Bank (NYSE:STL) - August 23 at 12:08 PM logoTerry O'Grady Joins Sterling National Bank (NYSE:STL) - August 22 at 11:40 AM logoStephen Altneu Joins Sterling National Bank as Managing Director (NYSE:STL) - August 17 at 10:35 AM
News IconMark Smith Joins Sterling National Bank’s Commercial Banking Team (NYSE:STL) - August 16 at 7:42 PM logoFreedom Mortgage Finalizes Acquisition of Sterling National Bank Mortgage Operations (NYSE:STL) - August 15 at 7:57 PM logoMark R. Smith Joins Sterling National Bank's Commercial Banking Team (NYSE:STL) - August 15 at 9:45 AM logoSterling Bancorp (NYSE:STL) Trading Down – Insiders Are Buying and Selling (NYSE:STL) - August 12 at 7:44 PM logoSterling Bancorp Crosses Below its 10-day MA (STL) (NYSE:STL) - August 12 at 7:44 PM logoSterling Bancorp :STL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:STL) - August 8 at 7:51 PM logoEx-Dividend Reminder: Capital One Financial, Sterling Bancorp and Lazard (NYSE:STL) - August 2 at 11:35 AM
News IconMore arrests as Turkish leader tightens the noose (NYSE:STL) - July 31 at 11:25 AM
News IconUFC 201: Lawler vs (NYSE:STL) - July 30 at 6:50 PM logo3 St. Louis banks cited as among the healthiest (NYSE:STL) - July 29 at 7:50 PM logoEARNINGS SUMMARY: Details of Sterling Bancorp Q2 Earnings Report (NYSE:STL) - July 27 at 8:02 PM logoEdited Transcript of STL earnings conference call or presentation 27-Jul-16 2:30pm GMT (NYSE:STL) - July 27 at 3:41 PM logoStatoil Surprised by Loss as Oil Prices Hit Profits (NYSE:STL) - July 27 at 6:19 AM 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) - July 27 at 3:18 AM logoStatoil Comfortable With Financial Situation, Says Saetre (NYSE:STL) - July 27 at 2:38 AM logoSterling Bancorp posts 2Q profit (NYSE:STL) - July 26 at 6:16 PM logoQ2 2016 Sterling Bancorp Earnings Release - After Market Close (NYSE:STL) - July 26 at 7:07 AM logoRobert W. Koar Joins Sterling National Bank (NYSE:STL) - July 20 at 7:00 AM logoSterling Bancorp breached its 50 day moving average in a Bullish Manner : STL-US : July 11, 2016 (NYSE:STL) - July 11 at 9:40 AM logoSterling Bancorp (STL) Shares Cross Above 200 DMA (NYSE:STL) - July 9 at 10:39 AM logoSterling Bancorp to Announce Second Quarter 2016 Results (NYSE:STL) - July 5 at 4:21 PM logoSTL: Insiders vs. Shorts (NYSE:STL) - June 28 at 7:29 PM logoAfter $3 trillion in post-Brexit paper losses, global markets bounce (NYSE:STL) - June 28 at 11:34 AM
News IconDeals done for last big U.S. sale of GE Capital (NYSE:STL) - June 28 at 11:34 AM


Sterling Bancorp (NYSE:STL) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff