Sterling Bancorp Company Profile (NYSE:STL)

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

Sterling Bancorp declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Monday, August 7th will be given a dividend of $0.07 per share on Monday, August 21st. This represents a $0.28 annualized dividend and a yield of 1.24%. The ex-dividend date is Thursday, August 3rd. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NYSE:STL) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.33 EPS for the quarter, meeting analysts' consensus estimates of $0.33. The firm had revenue of $126.88 million for the quarter, compared to analysts' expectations of $133.85 million. Sterling Bancorp had a return on equity of 8.62% and a net margin of 28.40%. View Sterling Bancorp's Earnings History.

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Sterling Bancorp.

10 equities research analysts have issued 12-month target prices for Sterling Bancorp's shares. Their forecasts range from $25.00 to $30.00. On average, they expect Sterling Bancorp's share price to reach $27.42 in the next year. View Analyst Ratings for Sterling Bancorp.

Here are some recent quotes from research analysts about Sterling Bancorp stock:

• 1. According to Zacks Investment Research, "Sterling Bancorp is the holding company for Sterling National Bank, a financial services firm. Sterling National Bank provides various banking and financial products and services primarily in New York, New Jersey, and Connecticut. It provides depository and cash management services and a broad portfolio of financing solutions-including working capital lines, accounts receivable and inventory financing, factoring, trade financing, payroll funding and processing, equipment financing, commercial and residential mortgages and mortgage warehouse lines of credit. Sterling Bancorp, formerly known as Provident New York Bancorp, is headquartered in New York. " (7/29/2017)
• 2. Maxim Group analysts commented, "2Q17 core EPS of $0.33 matched consensus, with strong growth in loans (up 4.8% linked-quarter) and net interest income (up 4.0%, in spite of a narrower NIM), flat core expenses (producing a low 42% core efficiency ratio), and continued solid credit quality." (7/26/2017)

Some companies that are related to Sterling Bancorp include BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), Prosperity Bancshares (PB), F.N.B. Corporation (FNB), IBERIABANK Corporation (IBKC), First Hawaiian (FHB), Texas Capital Bancshares (TCBI), Hancock Holding Company (HBHC), Bank of Hawaii Corporation (BOH), Home BancShares (HOMB), UMB Financial Corporation (UMBF), Associated Banc-Corp (ASB), MB Financial (MBFI), Chemical Financial Corporation (CHFC), Fulton Financial Corporation (FULT), First Financial Bankshares (FFIN) and Hope Bancorp (HOPE).

Sterling Bancorp's management team includes the folowing people:

• Jack L. Kopnisky, President, Chief Executive Officer, Director
• Luis Massiani, Chief Financial Officer, Senior Executive Vice President
• Christina Favilla, Chief Operating Officer, Senior Executive Vice President
• Michael E. Finn, Executive Vice President, Chief Risk Officer
• James P. Blose, Executive Vice President, General Counsel, Chief Legal Officer
• James J. Landy, Director
• John P. Cahill, Independent Director
• James F. Deutsch, Independent Director
• Navy E. Djonovic, Independent Director
• Fernando Ferrer, Independent Director

Sterling Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.87%), Vanguard Group Inc. (8.63%), State Street Corp (6.04%), Dimensional Fund Advisors LP (5.39%), Alliancebernstein L.P. (2.44%) and Victory Capital Management Inc. (2.36%). Company insiders that own Sterling Bancorp stock include Burt Steinberg, Craig S Thompson, Jack L Kopnisky, James F Deutsch, James P Blose, James R Peoples, John C Millman, Louis J Cappelli, Michael E Finn, Richard L O'toole, Robert Abrams, Robert W Lazar and Thomas G Kahn. View Institutional Ownership Trends for Sterling Bancorp.

Sterling Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Patriot Financial Partners GP LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Kennedy Capital Management Inc., Principal Financial Group Inc., New York State Common Retirement Fund and Russell Investments Group Ltd.. Company insiders that have sold Sterling Bancorp stock in the last year include Craig S Thompson, James F Deutsch, James P Blose, James R Peoples, John C Millman, Michael E Finn and Thomas G Kahn. View Insider Buying and Selling for Sterling Bancorp.

Sterling Bancorp's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Mesirow Financial Investment Management Equity Management, Alliancebernstein L.P., Picton Mahoney Asset Management, Macquarie Group Ltd., Goldman Sachs Group Inc., Channing Capital Management LLC and Emerald Mutual Fund Advisers Trust. Company insiders that have bought Sterling Bancorp stock in the last two years include Burt Steinberg, Jack L Kopnisky, James P Blose, Michael E Finn, Richard L O'toole, Robert Abrams and Robert W Lazar. View Insider Buying and Selling for Sterling Bancorp.

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.

One share of Sterling Bancorp stock can currently be purchased for approximately $22.60.