Inactive Instrument

Sterling Bancorp

STL

US85917A1007

Sterling Bancorp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021

October 20, 2021 at 04:10 pm

Sterling Bancorp reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net interest income was USD 213.84 million compared to USD 217.82 million a year ago. Net income was USD 95.67 million compared to USD 84.41 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 0.43 a year ago. For the nine months, net interest income was USD 650.28 million compared to USD 642.9 million a year ago. Net income was USD 293.16 million compared to USD 149.35 million a year ago. Basic earnings per share from continuing operations was USD 1.5 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 1.49 compared to USD 0.74 a year ago.

Latest news about Sterling Bancorp

Tranche Update on Sterling Bancorp's Equity Buyback Plan announced on March 1, 2018.	22-08-15	CI
Tranche Update on Sterling Bancorp's Equity Buyback Plan announced on March 1, 2018.	22-05-13	CI
Tranche Update on Sterling Bancorp's Equity Buyback Plan announced on March 1, 2018.	22-03-31	CI
Sterling Bancorp Subsidiary to Sell Commercial Real Estate Loan Portfolio	22-02-17	MT
Earnings Flash (SBT) STERLING BANCORP Posts Q4 EPS $0.10, vs. Street Est of $0.09	22-02-03	MT
North American Morning Briefing : Tech Stocks Set -3-	22-02-03	DJ
Webster Financial Completes Merger with Sterling Bancorp	22-02-01	MT
Sterling Bancorp(NYSE:STL) dropped from S&P Global BMI Index	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P TMI Index	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P 1000	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P 400 Financials	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P Composite 1500	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P 400	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P Banks Select Industry Index	22-02-01	CI
Sterling Bancorp(NYSE:STL) dropped from S&P Regional Banks Select Industry Index	22-02-01	CI
Webster Financial Corporation completed the acquisition of Sterling Bancorp in merger of equals transaction.	22-01-30	CI
Watts Water Replacing Sterling Bancorp in S&P MidCap 400 Amid Index Reshuffle	22-01-27	MT
Sterling Bancorp Settles Shareholder Derivative Complaint	22-01-21	MT
Financial Stocks Still Trying to Resist Late Selloff for Equities	22-01-20	MT
Financial Stocks Easing Slightly From Earlier Gains	22-01-20	MT
Sterling Bancorp Q4 Adjusted Earnings, Revenue Rise; Quarterly Dividend Maintained at $0.07 a Share	22-01-19	MT
Earnings Flash (STL) STERLING BANCORP Reports Q4 EPS $0.64, vs. Street Est of $0.50	22-01-19	MT
Sterling Bancorp Reports Earnings Results for the Full Year Ended December 31, 2021	22-01-19	CI
Sterling Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-01-19	CI
Sterling Bancorp Declares Quarterly Cash Dividend, Payable on February 18, 2022	22-01-19	CI

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Company Profile

Sterling Bancorp is a bank and financial holding company. It conducts business operations through its subsidiary Sterling National Bank (the Bank). The Bank specializes in the delivery of services and solutions to business owners, their families and consumers within the communities it serves. The Bank offers a line of commercial, business, and consumer banking products and services. The Bank is engaged in the origination of commercial loans and commercial mortgage loans. The Company also originates residential mortgage loans and consumer loans. The Bank offers services in the New York Metro Market, which includes Manhattan and Long Island; and the New York Suburban Market, which consists of Rockland, Orange, Sullivan, Ulster, Putnam and Westchester counties in New York and Bergen County in New Jersey. Its deposit products include non-interest-bearing demand deposits, interest bearing demand deposits, savings, money market and certificate of deposits.

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