Sterling Bancorp, Inc. Set to Join Russell 3000 Index
The Russell US indexes are comprised of the 4,000 largest US stocks, ranked by total market capitalization. For the Company, membership in the Russell 3000® means automatic inclusion in the small-cap Russell 2000® Index, which includes approximately 2,000 U.S. small and mid-cap companies, as well as inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes by objective, market-capitalization rankings and style attributes.
“We are very pleased to be added to the Russell indexes,” said
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for active investment
strategies. More than
More information on IPO additions to the Russell Indexes can be found on the FTSE Russell website.
Readers should note that in addition to the historical information contained herein, this press release includes "forward-looking statements," within the meeting of the federal securities laws including, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "will," "propose," "may," "plan," "seek," "expect," "intend," "estimate," "anticipate," "believe" or "continue," or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
Financial Profiles, Inc.
Allyson Pooley, 310-622-8230
Larry Clark, 310-622-8223