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Sterling Bancorp (STL)

Stock Price: $12.54 USD 0.29 (2.33%)
Updated Aug 10, 2020 3:11 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 2.44B
Revenue (ttm) 803.29M
Net Income (ttm) 294.08M
Shares Out 194.48M
EPS (ttm) 1.44
PE Ratio 8.70
Forward PE 10.75
Dividend $0.28
Dividend Yield 2.23%

Stock Quote

Trading Day Aug 10, 2020
Last Price $12.54
Previous Close $12.25
Change ($) 0.29
Change (%) 2.33%
Day's Open 12.33
Day's Range 12.27 - 12.80
Day's Volume 1,723,500
52-Week Range 7.01 - 21.63

More Stats

Market Cap 2.44B
Enterprise Value 4.13B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Jul 31, 2020
Shares Outstanding 194.48M
Float 192.43M
EPS (basic) 1.43
EPS (diluted) 1.44
FCF / Share 1.35
Dividend $0.28
Dividend Yield 2.23%
Earnings Yield 11.49%
FCF Yield 10.71%
Payout Ratio 19.60%
Shares Short 7.95M
Short Ratio 2.62
Short % of Float 4.13%
Beta 1.64
PE Ratio 8.70
Forward PE 10.75
P/FCF Ratio 9.34
PS Ratio 3.03
PB Ratio 0.51
Revenue 803.29M
Operating Income 353.56M
Net Income 294.08M
Free Cash Flow 261.11M
Net Cash -1.69B
Net Cash / Share -8.69
Gross Margin 123.49%
Operating Margin 44.01%
Profit Margin 35.10%
FCF Margin 32.50%
ROA 0.96%
ROE 6.58%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$15.36*
(22.54% upside)
Low
14.0
Current: $12.54
High
20.0
Target: 15.36
*Average 12-month price target from 11 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,0041,025614455358246128118105111
Revenue Growth-2.03%66.78%34.94%27.07%45.48%92.83%8.22%12.75%-5.32%-
Gross Profit1,0041,025614455358246128118105111
Operating Income54056618121797.9537.8336.6726.0514.5527.37
Net Income42744793.0314066.1127.6825.2519.8911.7420.49
Shares Outstanding20622415813111080.2743.7338.2337.4538.16
Earnings Per Share2.031.950.581.070.600.340.580.520.310.54
EPS Growth4.1%236.21%-45.79%78.33%76.47%-41.38%11.54%67.74%-42.59%-
Dividend Per Share0.210.280.280.280.280.340.330.240.240.24
Dividend Growth-25%0%0%0%-17.65%3.03%37.5%0%0%-
Operating Cash Flow43839524319991.7612822.6225.0326.4821.86
Capital Expenditures6.4534.54-8.26-4.16-8.05-2.27-2.36-1.78-3.47-8.10
Free Cash Flow44542923419583.7112520.2723.2523.0113.76
Cash & Equivalents32943848029423017811343828290.87
Total Debt2,8865,2144,9912,0571,525939561345375415
Net Cash / Debt-2,557-4,776-4,511-1,763-1,296-761-44892.81-93.51-324
Assets30,58631,38330,36014,17811,9567,3374,0494,0233,1373,021
Liabilities26,05626,95426,11912,32310,2916,3763,5663,5322,7062,590
Book Value4,5304,4294,2401,8551,665973498491431431
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Sterling Bancorp
Country United States
Employees 1,617
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.