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Sterling Bancorp, Inc. (SBT)

Stock Price: $3.60 USD 0.14 (4.05%)
Updated Jul 6, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 179.80M
Revenue (ttm) 132.56M
Net Income (ttm) 59.00M
Shares Out 50.20M
EPS (ttm) 1.11
PE Ratio 3.24
Forward PE n/a
Dividend $0.04
Dividend Yield 1.11%

Stock Quote

Trading Day Jul 6, 2020
Last Price $3.60
Previous Close $3.46
Change ($) 0.14
Change (%) 4.05%
Day's Open 3.50
Day's Range 3.50 - 3.66
Day's Volume 107,632
52-Week Range 2.53 - 10.49

More Stats

Market Cap 179.80M
Enterprise Value 347.40M
Earnings Date (est) Aug 3, 2020
Ex-Dividend Date Feb 20, 2020
Shares Outstanding 50.20M
Float 15.21M
EPS (basic) 1.14
EPS (diluted) 1.11
FCF / Share 1.44
Dividend $0.04
Dividend Yield 1.11%
Earnings Yield 30.83%
FCF Yield 40.31%
Payout Ratio 3.50%
Shares Short 170,742
Short Ratio 1.13
Short % of Float 1.70%
Beta 0.93
PE Ratio 3.24
Forward PE n/a
P/FCF Ratio 2.48
PS Ratio 1.36
PB Ratio 0.45
Revenue 132.56M
Operating Income 82.39M
Net Income 59.00M
Free Cash Flow 72.47M
Net Cash -167.60M
Net Cash / Share -3.36
Gross Margin 100.00%
Operating Margin 62.15%
Profit Margin 43.30%
FCF Margin 54.67%
ROA 1.77%
ROE 16.38%
ROIC 2.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 1
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$6.00*
Low
6.00
Current: 3.60
High
6.00
Target: 6.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2018201720162015
Revenue13911189.0665.69
Revenue Growth24.91%24.87%35.57%-
Gross Profit13911189.0665.69
Operating Income88.5770.4556.4537.80
Net Income63.4737.9833.2322.51
Shares Outstanding52.9646.2245.2746.15
Earnings Per Share1.200.820.730.49
EPS Growth46.34%12.33%48.98%-
Dividend Per Share0.04---
Operating Cash Flow60.5844.4128.7024.49
Capital Expenditures-3.85-2.40-2.00-1.50
Free Cash Flow56.7342.0126.7023.00
Cash & Equivalents53.6340.1522.1215.61
Total Debt358403358326
Net Cash / Debt-304-363-335-311
Assets3,1972,9622,1641,712
Liabilities2,8622,6892,0011,576
Book Value335273162136
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Sterling Bancorp, Inc.
Country United States
CEO Thomas M. O'Brien

Stock Information

Ticker Symbol SBT
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: SBT
IPO Date November 17, 2017

Description

Sterling Bancorp, Inc. (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individual and business customers. The company offers checking, savings, and money market accounts, as well as IRAs and certificates of deposit; and one- to four-family residential, commercial, commercial real estate, construction, and consumer loans, as well as commercial lines of credit. It also provides investment management, wealth management, and retail banking services. As of June 27, 2019, the company operated through a network of 30 branches in California, New York, Washington, and Michigan. Sterling Bancorp, Inc. (Southfield, MI) was founded in 1984 and is headquartered in Southfield, Michigan.