Sterling Bancorp (SBT) Set to Announce Earnings on Wednesday

Sterling Bancorp (NASDAQ:SBT) is scheduled to release its earnings data before the market opens on Wednesday, April 24th. Parties interested in listening to the company’s conference call can do so using this link.

Sterling Bancorp (NASDAQ:SBT) last issued its quarterly earnings results on Wednesday, January 24th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.07. Sterling Bancorp had a net margin of 5.72% and a return on equity of 2.32%. The business had revenue of $33.14 million for the quarter.

Sterling Bancorp Stock Performance

Shares of Sterling Bancorp stock opened at $4.88 on Tuesday. The company has a market cap of $254.10 million, a P/E ratio of 32.54 and a beta of 0.56. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average price of $5.04 and a two-hundred day moving average price of $5.41. Sterling Bancorp has a 1-year low of $4.22 and a 1-year high of $6.26.

About Sterling Bancorp

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.