Sterling Bancorp

Sterling Bancorp is a bank holding company and financial holding company. Through its subsidiary, Sterling National Bank (the Bank), the company provides commercial, business, and consumer banking products and services. The Bank's principal business is accepting deposits and, together with funds generated from operations and borrowings, investing in various types of loans and securities. The Bank also operates its commercial finance businesses, which include asset-based lending, payroll financing, factoring, warehouse lending, equipment financing, and public sector financing. The company's commercial banking teams focus on the origination of commercial and industria loans and commercial mortgage loans.
  • TickerSTL
  • ISINUS85917A1007
  • ExchangeNew York Stock Exchange
  • SectorBanks
  • CountryUnited States
 PRESS RELEASE

Sterling Bancorp to Announce Second Quarter 2021 Results

Sterling Bancorp to Announce Second Quarter 2021 Results PEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the second quarter ended June 30, 2021 after the market close on Wednesday, July 21, 2021. Jack Kopnisky, President and CEO of Sterling Bancorp, will host a teleconference and webcast on Thursday, July 22, 2021 at 8:00 AM Eastern Time to discuss the Company’s results. Analysts, investors and interested parties are invited to listen to the webcast and vi...

STERLING BANCORP with less fundamental stars is reduced to Neutral

STERLING BANCORP (US), a company active in the Money Center Banks industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date June 4, 2021, the closing price was USD 26.18 and its expected value was estimated at USD 25.4...

 PRESS RELEASE

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock PEARL RIVER, N.Y., June 01, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). The dividend is payable on July 15, 2021 to shareholders of record as of June 25, 2021. About Sterling Bancorp Sterling Bancorp, whose principal subsidiary is Sterling National Bank...

 PRESS RELEASE

Sterling National Bank announces that “Skye”, its Cognitive Customer S...

Sterling National Bank announces that “Skye”, its Cognitive Customer Service Agent, has successfully handled more than two million customer inquiries Powered by the Most Human AI™, Amelia®, Skye empowers customers to self-serve using advanced AI-enabled technology NEW YORK and PEARL RIVER, N.Y., May 12, 2021 (GLOBE NEWSWIRE) -- , the wholly-owned operating bank subsidiary of Sterling Bancorp, today announced that following the June 2020 implementation of , the industry leading Digital Employee™, the Bank’s “Skye” product has successfully handled more than two million customer service re...

 PRESS RELEASE

Webster + Sterling: Creating Scale, Unlocking Growth and Value

Webster + Sterling: Creating Scale, Unlocking Growth and Value Uniting strong banks with complementary strategies to create a powerhouse Northeast player with $63 billion in assets and $52 billion in depositsUnlocking compelling revenue growth opportunities in commercial lending, health savings, fee-based businesses and consumer and digital bankingDelivering exceptional financial performance and accretion: 17% pro forma ROATCE, 1.40% pro forma ROAA, >20% GAAP EPS accretion to Webster, >10% GAAP EPS accretion to Sterling, and $440M in annual pro forma excess capital generationMaintaining sha...

 PRESS RELEASE

Sterling Bancorp to Announce Second Quarter 2021 Results

Sterling Bancorp to Announce Second Quarter 2021 Results PEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the second quarter ended June 30, 2021 after the market close on Wednesday, July 21, 2021. Jack Kopnisky, President and CEO of Sterling Bancorp, will host a teleconference and webcast on Thursday, July 22, 2021 at 8:00 AM Eastern Time to discuss the Company’s results. Analysts, investors and interested parties are invited to listen to the webcast and vi...

 PRESS RELEASE

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock PEARL RIVER, N.Y., June 01, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). The dividend is payable on July 15, 2021 to shareholders of record as of June 25, 2021. About Sterling Bancorp Sterling Bancorp, whose principal subsidiary is Sterling National Bank...

 PRESS RELEASE

Sterling National Bank announces that “Skye”, its Cognitive Customer S...

Sterling National Bank announces that “Skye”, its Cognitive Customer Service Agent, has successfully handled more than two million customer inquiries Powered by the Most Human AI™, Amelia®, Skye empowers customers to self-serve using advanced AI-enabled technology NEW YORK and PEARL RIVER, N.Y., May 12, 2021 (GLOBE NEWSWIRE) -- , the wholly-owned operating bank subsidiary of Sterling Bancorp, today announced that following the June 2020 implementation of , the industry leading Digital Employee™, the Bank’s “Skye” product has successfully handled more than two million customer service re...

 PRESS RELEASE

Webster + Sterling: Creating Scale, Unlocking Growth and Value

Webster + Sterling: Creating Scale, Unlocking Growth and Value Uniting strong banks with complementary strategies to create a powerhouse Northeast player with $63 billion in assets and $52 billion in depositsUnlocking compelling revenue growth opportunities in commercial lending, health savings, fee-based businesses and consumer and digital bankingDelivering exceptional financial performance and accretion: 17% pro forma ROATCE, 1.40% pro forma ROAA, >20% GAAP EPS accretion to Webster, >10% GAAP EPS accretion to Sterling, and $440M in annual pro forma excess capital generationMaintaining sha...

 PRESS RELEASE

Sterling Bancorp to Announce First Quarter 2021 Results

Sterling Bancorp to Announce First Quarter 2021 Results PEARL RIVER, N.Y., April 12, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the first quarter ended March 31, 2021 after the market close on Wednesday, April 21, 2021. Jack Kopnisky, President and CEO of Sterling Bancorp, will host a teleconference and webcast on Thursday, April 22, 2021 at 8:00 AM Eastern Time to discuss the Company’s results. Analysts, investors and interested parties are invited to listen to the webcast ...

STERLING BANCORP with less fundamental stars is reduced to Neutral

STERLING BANCORP (US), a company active in the Money Center Banks industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date June 4, 2021, the closing price was USD 26.18 and its expected value was estimated at USD 25.4...

Ford Equity US Rating and Forecast Report

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