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Sterling Bancorp

STL.N

Latest Trade

19.66USD

Change

-0.29(-1.45%)

Volume

92,172

Today's Range

19.66

 - 

19.92

52 Week Range

17.57

 - 

22.17

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Sterling Bancorp Posts Q4 Adj Earnings Per Share Of $0.54

Jan 22 (Reuters) - Sterling Bancorp <STL.N>::ANNOUNCES STRONG OPERATING RESULTS FOR THE FOURTH QUARTER OF 2019 WITH DILUTED EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS OF $0.52 (AS REPORTED) AND $0.54 (AS ADJUSTED). HIGHLIGHTS INCLUDE CONTINUED PROGRESS IN BALANCE SHEET TRAN.Q4 ADJUSTED EARNINGS PER SHARE $0.54.Q4 GAAP EARNINGS PER SHARE $0.52.Q4 EARNINGS PER SHARE ESTIMATE $0.53 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME $228.3 MILLION VERSUS $242.9 MILLION.

Sterling Bancorp Announces Pricing Of $275 Million Subordinated Notes Offering

Dec 12 (Reuters) - Sterling Bancorp <STL.N>::STERLING BANCORP ANNOUNCES PRICING OF $275 MILLION SUBORDINATED NOTES OFFERING.STERLING BANCORP - PRICED $275 MILLION PRINCIPAL AMOUNT OF 4.00% FIXED-TO-FLOATING RATE SUBORDINATED NOTES DUE 2029.

Sterling Ban Reports Q3 Adjusted Earnings Per Share Of $0.52

Oct 23 (Reuters) - Sterling Bancorp <STL.N>::ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2019 WITH DILUTED EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS OF $0.59 (AS REPORTED) AND $0.52 (AS ADJUSTED). HIGHLIGHTS INCLUDE CONTINUED PROGRESS IN BALANCE SHEET TRANSITION, IMPROVING.Q3 ADJUSTED EARNINGS PER SHARE $0.52.Q3 GAAP EARNINGS PER SHARE $0.59.Q3 EARNINGS PER SHARE ESTIMATE $0.54 -- REFINITIV IBES DATA.SETS QUARTERLY DIVIDEND OF $0.07PER SHARE.PROLONGED FLAT INTEREST RATE ENVIRONMENT WOULD IMPACT NET INTEREST MARGIN,PROFITABILITY OF LOAN ORIGINATIONS, BALANCE SHEET GROWTH.

Sterling Bancorp Q2 Adjusted Earnings Per Share $0.51

July 24 (Reuters) - Sterling Bancorp <STL.N>::ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 2019 WITH DILUTED EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS OF $0.46 (AS REPORTED) AND $0.51 (AS ADJUSTED); RESULTS REFLECT THE CONTINUED PROGRESS IN BALANCE SHEET TRANSITION AND FINAN.Q2 ADJUSTED EARNINGS PER SHARE $0.51.Q2 GAAP EARNINGS PER SHARE $0.46.Q2 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME $231.8 MILLION, DOWN 5.8%.

Sterling Bancorp Says Entered Formal Agreement Relating To Some Aspects Of Its Bsa/Aml Compliance Program

June 21 (Reuters) - Sterling Bancorp <STL.N>::STERLING BANCORP - ON JUNE 18 UNIT & OCC, ENTERED FORMAL AGREEMENT RELATING TO SOME ASPECTS OF ITS BSA/AML COMPLIANCE PROGRAM.STERLING BANCORP - DOES NOT BELIEVE AGREEMENT WILL HAVE ANY MATERIAL IMPACT ON ITS PERFORMANCE METRICS, DIVIDEND PAYMENT/CURRENT SHARE BUYBACK PROGRAM.

Sterling Bancorp Q1 Adjusted Earnings Per Share $0.50

April 24 (Reuters) - Sterling Bancorp <STL.N>::ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2019; STRONG OPERATING MOMENTUM WITH DILUTED EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS OF $0.47 (AS REPORTED) AND $0.50 (AS ADJUSTED), AND SIGNIFICANT PROGRESS IN BALANCE SHEET TRANSIT.Q1 ADJUSTED EARNINGS PER SHARE $0.50.Q1 GAAP EARNINGS PER SHARE $0.47.Q1 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME $235.5 MILLION VERSUS $234.4 MILLION.

Sterling Ban Q4 Adjusted Earnings Per Share $0.52 Excluding Items

Sterling Bancorp <STL.N>::ANNOUNCES RESULTS FOR THE FULL YEAR AND FOURTH QUARTER OF 2018 WITH RECORD ANNUAL EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS OF $1.95 (AS REPORTED) AND $2.00 (AS ADJUSTED), REPRESENTING GROWTH OF 236.2% AND 42.9%, RESPECTIVELY, O.Q4 ADJUSTED EARNINGS PER SHARE $0.52 EXCLUDING ITEMS.Q4 GAAP EARNINGS PER SHARE $0.51.Q4 EARNINGS PER SHARE ESTIMATE $0.50 -- REFINITIV IBES DATA.QTRLY TOTAL GAAP REVENUE $265.3 MILLION VERSUS $257.8 MILLION.

Sterling Bancorp - To Acquire Asset-Based And Equipment Finance Lending Businesses Of Woodforest National Bank.

Sterling Bancorp <STL.N>::STERLING BANCORP ENTERS DEFINITIVE AGREEMENT TO ACQUIRE $504 MILLION IN COMMERCIAL LOANS AND ORIGINATION PLATFORM.STERLING BANCORP - TRANSACTION CONSIDERATION WILL BE PAID IN CASH.STERLING BANCORP - TO ACQUIRE ASSET-BASED AND EQUIPMENT FINANCE LENDING BUSINESSES OF WOODFOREST NATIONAL BANK..STERLING BANCORP - ACQUISITION WILL RESULT IN AN INCREASE OF APPROXIMATELY $3 MILLION IN ANNUAL OPERATING EXPENSES..

Sterling Bancorp announces an increase in stock repurchase program and agreement to sell residential mortgage loans

Dec 20 (Reuters) - Sterling Bancorp <STL.N>::STERLING BANCORP ANNOUNCES AN INCREASE IN STOCK REPURCHASE PROGRAM AND AGREEMENT TO SELL RESIDENTIAL MORTGAGE LOANS.STERLING BANCORP - ON DEC 10, BOARD INCREASED AMOUNT OF SHARES AUTHORIZED TO BE REPURCHASED UNDER EXISTING REPURCHASE PROGRAM TO 20 MILLION SHARES.STERLING BANCORP - ON DEC 17, BANK ENTERED AGREEMENT WITH THIRD-PARTY UNDER WHICH BANK HAS COMMITTED TO SELL FIXED RATE RESIDENTIAL MORTGAGE LOANS.STERLING BANCORP - EXPECTS FIXED RATE RESIDENTIAL MORTGAGE LOANS SALE TO BE NEUTRAL TO EARNINGS.STERLING BANCORP - TO USE PROCEEDS FROM LOANS SALE TO PAY-OFF ABOUT $1.6 BILLION OF WHOLESALE BORROWINGS WITH WEIGHTED AVERAGE INTEREST RATE OF 2.75 PCT.STERLING BANCORP - AS OF NOV 30, LOANS TO BE SOLD HAD AGGREGATE UNPAID PRINCIPAL BALANCE OF $1.6 BILLION AND WEIGHTED AVERAGE INTEREST RATE OF 3.61 PCT.STERLING BANCORP - IN CONNECTION WITH LOAN SALE, CO ESTIMATES ACCRETION INCOME ON ACQUIRED LOANS WILL BE IN RANGE OF $60 MILLION TO $65 MILLION IN 2019.STERLING BANCORP - EXPECTS LOAN SALE, REDUCTION IN BORROWINGS TO RESULT IN AN INCREASE OF 12 TO 15 BASIS POINTS IN NET INTEREST MARGIN FOR 2019.

Sterling Bancorp Q3 Adjusted Earnings Per Share $0.51

Oct 23 (Reuters) - Sterling Bancorp <STL.N>::ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2018 WITH RECORD EARNINGS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS OF $0.52 (AS REPORTED) AND $0.51 (AS ADJUSTED), REPRESENTING GROWTH OF 57.6% AND 45.7%, RESPECTIVELY, OVER THE SAME QUARTER A.Q3 ADJUSTED EARNINGS PER SHARE $0.51.Q3 GAAP EARNINGS PER SHARE $0.52.Q3 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.QTRLY NET INTEREST INCOME WAS $243.9 MILLION, AN INCREASE OF $123.9 MILLION COMPARED TO Q3 OF 2017.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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