Sterling Bancorp (NASDAQ:SBT) Announces Earnings Results

Sterling Bancorp (NASDAQ:SBT) released its quarterly earnings data on Wednesday. The company reported $0.03 EPS for the quarter, Yahoo Finance reports. Sterling Bancorp had a net margin of 5.79% and a return on equity of 2.41%. The business had revenue of $33.48 million during the quarter.

Sterling Bancorp Trading Up 1.0 %

SBT traded up $0.05 on Friday, hitting $4.90. The company had a trading volume of 603 shares, compared to its average volume of 36,144. The business’s fifty day simple moving average is $5.00 and its 200 day simple moving average is $5.39. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.15. Sterling Bancorp has a 12-month low of $4.22 and a 12-month high of $6.26. The company has a market cap of $255.14 million, a PE ratio of 30.31 and a beta of 0.56.

Sterling Bancorp Company Profile

Sterling Bancorp, Inc is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services.