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Sterling Bancorp (STL)

NYSE: STL · IEX Real-Time Price · USD
24.96 -0.26 (-1.03%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap4.81B
Revenue (ttm)958.59M
Net Income (ttm)361.74M
Shares Out192.70M
EPS (ttm)1.87
PE Ratio13.35
Forward PE12.18
Dividend$0.28 (1.12%)
Ex-Dividend DateOct 29, 2021
Volume928,000
Open25.16
Previous Close25.22
Day's Range24.82 - 25.45
52-Week Range16.84 - 27.57
Beta1.54
AnalystsBuy
Price Target28.81 (+15.4%)
Earnings Daten/a

About STL

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 interest and non-interest checking, savings, money market, time, and demand deposits, as well as certificates of deposit. Its loan products include commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector finance, and commercial real ...

IndustryBanks
IPO DateJan 8, 1999
Employees1,460
Stock ExchangeNYSE
Ticker SymbolSTL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for STL stock is "Buy." The 12-month stock price forecast is 28.81, which is an increase of 15.42% from the latest price.

Price Target
$28.81
(15.42% upside)
Analyst Consensus: Buy

News

Sterling Bancorp (SBT) Beats Q3 Earnings and Revenue Estimates

Sterling Bancorp (SBT) delivered earnings and revenue surprises of 280.00% and 5.53%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Sterling Bancorp Announces Strategic Investment in FinTron LLC

PEARL RIVER, N.Y., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (“Sterling”) today announced a strategic investment in FinTron LLC (“FinTron”), a FinTech company providing a range of d...

1 month ago - GlobeNewsWire

Sterling National Bank Goes Live with Cashfac's Escrow Account Platform

Sterling National Bank deploys new self-service escrow accounts solution, delivered in partnership with Cashfac Sterling National Bank deploys new self-service escrow accounts solution, delivered in par...

1 month ago - GlobeNewsWire

Sterling Bancorp (STL) Q3 Earnings Beat Estimates

Sterling Bancorp (STL) delivered earnings and revenue surprises of 1.96% and -3.27%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

PEARL RIVER, N.Y., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash...

1 month ago - GlobeNewsWire

Sterling Bancorp (STL) Earnings Expected to Grow: Should You Buy?

Sterling Bancorp (STL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Sterling Bancorp (STL) Makes Investment in Texture Capital

Sterling Bancorp's (STL) investment in Texture Capital offers additional scope to expand the former's digital offerings and focus on innovation.

3 months ago - Zacks Investment Research

Webster (WBS) & Sterling (STL) Merger Gets Stockholders' Nod

Webster Financial (WBS) and Sterling (STL) receive shareholder nod for the merger deal, reflecting the companies' confidence in the rationale and synergies of the merger.

Other symbols:WBS
3 months ago - Zacks Investment Research

Webster, Sterling Stockholders Approve Merger

WATERBURY, Conn. and PEARL RIVER, N.Y.

Other symbols:WBS
3 months ago - PRNewsWire

Sterling Bancorp (SBT) Q2 Earnings Match Estimates

Sterling Bancorp (SBT) delivered earnings and revenue surprises of 0.00% and -3.20%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Recap: Sterling Bancorp Q2 Earnings

Shares of Sterling Bancorp (NASDAQ:SBT) decreased 7.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 28.57% over the past year to $0.05, whi...

4 months ago - Benzinga

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock

PEARL RIVER, N.Y., July 30, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash...

4 months ago - GlobeNewsWire

Earnings Preview For Sterling Bancorp

On Monday, August 02, Sterling Bancorp (NASDAQ:SBT) will release its latest earnings report. Benzinga's outlook for Sterling Bancorp is included in the following report.

4 months ago - Benzinga

Earnings Preview: Sterling Bancorp (SBT) Q2 Earnings Expected to Decline

Sterling Bancorp (SBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates NWHM, VNE, ACBI, QTS, STL, GRA; Shareholders are Encouraged to Conta...

NEW YORK, July 24, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: The New Home Company Inc. (NYSE: NWHM)  concerning pot...

Other symbols:ACBIVNE
4 months ago - PRNewsWire

Sterling Bancorp (STL) Beats Q2 Earnings Estimates

Sterling Bancorp (STL) delivered earnings and revenue surprises of 1.96% and -1.28%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Earnings Outlook For Sterling Bancorp

On Wednesday, July 21, Sterling Bancorp (NYSE:STL) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

4 months ago - Benzinga

The 6 Biggest Bank Acquisitions in the First Half of 2021

Bank mergers and acquisitions rebounded in the first half of 2021 after slowing down last year due to the pandemic.

4 months ago - The Motley Fool

Sterling (STL) Invests in Digital Banking Provider Verdigris

In a bid to drive positive change in disadvantaged communities via secure, economical digital banking services, Sterling (STL) has made an investment in Verdigris, the parent company of BrightFi.

5 months ago - Zacks Investment Research

Sterling Bancorp to Announce Second Quarter 2021 Results

PEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the second quarter e...

5 months ago - GlobeNewsWire

Sterling Bancorp Announces Strategic Investment in Verdigris Holdings, Inc, Parent Company of BrightFi

PEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), today announced it has made a strategic investment in Verdigris Holdings , Inc , the parent company of BrightFi, a lead...

5 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Halper Sadeh LLP Investigates NETE, CADE, EFSC, MFNC, STL, AMRB; Shareholders are Encouraged to Co...

NEW YORK, May 25, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Net Element, Inc. (NASDAQ: NETE) concerning potential v...

Other symbols:CADEEFSC
6 months ago - PRNewsWire

Finitive Receives Strategic Investment from Sterling Bancorp

NEW YORK, May 19, 2021 /PRNewswire/ --  Finitive , the leading data-driven private credit marketplace that provides institutional investors with direct access to private credit transactions, today annou...

6 months ago - PRNewsWire