Sterling Bancorp (STL)
Stock Price Chart
Key Info
| Market Cap | 3.28B |
| Revenue (ttm) | 769.70M |
| Net Income (ttm) | 248.15M |
| Shares Out | 194.36M |
| EPS (ttm) | 1.27 |
| PE Ratio | 13.28 |
| Forward PE | 13.33 |
| Dividend | $0.28 |
| Dividend Yield | 1.66% |
Stock Quote
| Trading Day | November 27 |
| Last Price | $16.86 |
| Previous Close | $16.92 |
| Change ($) | -0.06 |
| Change (%) | -0.35% |
| Day's Open | 16.87 |
| Day's Range | 16.52 - 17.05 |
| Day's Volume | 2,796,595 |
| 52-Week Range | 7.01 - 21.63 |
More Stats
| Market Cap | 3.28B |
| Enterprise Value | 3.83B |
| Earnings Date (est) | Jan 27, 2021 |
| Ex-Dividend Date | Oct 30, 2020 |
| Shares Outstanding | 194.36M |
| Float | 192.44M |
| EPS (basic) | 1.27 |
| EPS (diluted) | 1.27 |
| FCF / Share | 1.55 |
| Dividend | $0.28 |
| Dividend Yield | 1.66% |
| Earnings Yield | 7.53% |
| FCF Yield | 9.18% |
| Payout Ratio | 22.00% |
| Shares Short | 7.76M |
| Short Ratio | 2.24 |
| Short % of Float | 4.03% |
| Beta | 1.65 |
| PE Ratio | 13.28 |
| Forward PE | 13.33 |
| P/FCF Ratio | 10.90 |
| PS Ratio | 4.26 |
| PB Ratio | 0.70 |
| Revenue | 769.70M |
| Operating Income | 301.49M |
| Net Income | 248.15M |
| Free Cash Flow | 300.68M |
| Net Cash | -555.98M |
| Net Cash / Share | -2.86 |
| Gross Margin | 128.83% |
| Operating Margin | 39.17% |
| Profit Margin | 32.20% |
| FCF Margin | 39.06% |
| ROA | 0.84% |
| ROE | 5.64% |
| ROIC | 1.00% |
Analyst Forecasts
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,004 | 1,025 | 614 | 455 | 358 | 246 | 128 | 118 | 105 | 111 |
| Revenue Growth | -2.03% | 66.78% | 34.94% | 27.07% | 45.48% | 92.83% | 8.22% | 12.75% | -5.32% | - |
| Gross Profit | 1,004 | 1,025 | 614 | 455 | 358 | 246 | 128 | 118 | 105 | 111 |
| Operating Income | 540 | 566 | 181 | 217 | 97.95 | 37.83 | 36.67 | 26.05 | 14.55 | 27.37 |
| Net Income | 427 | 447 | 93.03 | 140 | 66.11 | 27.68 | 25.25 | 19.89 | 11.74 | 20.49 |
| Shares Outstanding | 206 | 224 | 158 | 131 | 110 | 80.27 | 43.73 | 38.23 | 37.45 | 38.16 |
| Earnings Per Share | 2.03 | 1.95 | 0.58 | 1.07 | 0.60 | 0.34 | 0.58 | 0.52 | 0.31 | 0.54 |
| EPS Growth | 4.1% | 236.21% | -45.79% | 78.33% | 76.47% | -41.38% | 11.54% | 67.74% | -42.59% | - |
| Dividend Per Share | 0.21 | 0.28 | 0.28 | 0.28 | 0.28 | 0.34 | 0.33 | 0.24 | 0.24 | 0.24 |
| Dividend Growth | -25% | 0% | 0% | 0% | -17.65% | 3.03% | 37.5% | 0% | 0% | - |
| Operating Cash Flow | 438 | 395 | 243 | 199 | 91.76 | 128 | 22.62 | 25.03 | 26.48 | 21.86 |
| Capital Expenditures | 6.45 | 34.54 | -8.26 | -4.16 | -8.05 | -2.27 | -2.36 | -1.78 | -3.47 | -8.10 |
| Free Cash Flow | 445 | 429 | 234 | 195 | 83.71 | 125 | 20.27 | 23.25 | 23.01 | 13.76 |
| Cash & Equivalents | 329 | 438 | 480 | 294 | 230 | 178 | 113 | 438 | 282 | 90.87 |
| Total Debt | 2,886 | 5,214 | 4,991 | 2,057 | 1,525 | 939 | 561 | 345 | 375 | 415 |
| Net Cash / Debt | -2,557 | -4,776 | -4,511 | -1,763 | -1,296 | -761 | -448 | 92.81 | -93.51 | -324 |
| Assets | 30,586 | 31,383 | 30,360 | 14,178 | 11,956 | 7,337 | 4,049 | 4,023 | 3,137 | 3,021 |
| Liabilities | 26,056 | 26,954 | 26,119 | 12,323 | 10,291 | 6,376 | 3,566 | 3,532 | 2,706 | 2,590 |
| Book Value | 4,530 | 4,429 | 4,240 | 1,855 | 1,665 | 973 | 498 | 491 | 431 | 431 |
Company Profile
Company Details
| Full Name | Sterling Bancorp |
| Country | United States |
| Employees | 1,466 |
| CEO | Jack L. Kopnisky |
Stock Information
| Ticker Symbol | STL |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NYSE: STL |
| IPO Date | January 8, 1999 |
Description
Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including checking, savings, money market, time, and interest and non-interest bearing demand deposits, as well as certificates of deposit and mortgage escrow funds. It also originates various loans that comprise residential and commercial mortgage loans; commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector finance, and commercial real estate and multi-family loans; consumer loans, such as homeowner loans, home equity lines of credit, new and used automobile loans, mortgage loans, and personal unsecured loans; and acquisition, development, and construction loans. In addition, the company engages in the third-party provider to sell mutual funds and annuities; and provision of annuity and wealth management products. As of December 31, 2019, it operated 82 full-service retail and commercial financial centers, which comprise 21 offices are located in Nassau County, 16 in Suffolk County, 11 in Queens County, seven in Westchester County, nine in Kings County, seven in Rockland County, five in Orange County, New York City, and two in Bronx County, as well as one office each in Sullivan and Ulster Counties in New York; and one office in Bergen County, New Jersey. Sterling Bancorp was founded in 1888 and is headquartered in Montebello, New York.