Sterling Bank offers a broad range of financial services including personal banking, small business lending, mortgages, credit cards, auto financing and investment advice.
Q2 2019 Highlights Net income of $13.4 million , down from $16.0 million in Q2 2018, and $15.7 million in Q1 2019 Included in the second quarter 2019 results was a $1.2 million valuation allowance taken against the Company’s mortgage servicing rights Fully diluted EPS of $0.26 , down from $0.30 for
SOUTHFIELD, Mich. --(BUSINESS WIRE)--Jul. 19, 2019-- Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling Bank and Trust , F.S.B., announced the approval of a cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.01 per common share, payable
Conference call and webcast to be held on Monday, July 29 at 5:00 p.m. Eastern SOUTHFIELD, Mich. --(BUSINESS WIRE)--Jul. 9, 2019-- Sterling Bancorp, Inc. (NASDAQ: SBT) announced today that it will issue its second quarter ended June 30, 2019 financial results after the market closes on Monday, July
The 35th Anniversary Campaign will provide grants to five local nonprofits and distribute 5,000 Financial Literacy Kits to children and youth in its five markets SOUTHFIELD, Mich. --(BUSINESS WIRE)--Jul. 3, 2019-- Sterling Bank & Trust , the wholly owned subsidiary of Sterling Bancorp, Inc.
SOUTHFIELD, Mich. --(BUSINESS WIRE)--Jun. 27, 2019-- Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust , F.S.B. (the “Bank”), today announced the grand opening of its branch in the Koreatown community of Los Angeles at 3640 Wilshire
SOUTHFIELD, Mich. --(BUSINESS WIRE)--Jun. 21, 2019-- The Board of Directors of Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust , F.S.B. (the “Bank”), today announced the appointment of Mr.
SOUTHFIELD, Mich. --(BUSINESS WIRE)--May 13, 2019-- Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling Bank and Trust , F.S.B., announced the approval of a cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.01 per common share, payable
SOUTHFIELD, Mich. --(BUSINESS WIRE)--May 9, 2019-- Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust , F.S.B., today announced that President, Chief Financial Officer and Chief Operating Officer, Tom Lopp , and President of Commercial
Q1 2019 Highlights Net income of $15.7 million , consistent with Q1 2018, and down 2% from Q4 2018 Fully diluted EPS of $0.30 , consistent with both Q1 2018 and Q4 2018 First quarter annualized ROAA of 1.94% and annualized ROATCE of 18.46% Revenue, net of interest expense, of $34.1 million ,
Conference call and webcast to be held on Monday, April 29 at 5:00 p.m. Eastern SOUTHFIELD, Mich. --(BUSINESS WIRE)--Apr. 8, 2019-- Sterling Bancorp, Inc. (NASDAQ: SBT) announced today that it will issue its first quarter ended March 31, 2019 financial results after the market closes on Monday,