STL Sterling Bancorp

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock

Sterling Bancorp Declares Quarterly Dividend on Preferred Stock

PEARL RIVER, N.Y., March 15, 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 April 15, 2021 to shareholders of record as of March 26, 2021.

About Sterling Bancorp

Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Sterling Bancorp website at

STERLING BANCORP CONTACT: 
Emlen Harmon, Senior Managing Director – Investor Relations 
212.309.7646 

Sterling Bancorp  

Two Blue Hill Plaza, Second Floor

Pearl River, NY 10965

T 845.369.8040

F 845.369.8255



EN
15/03/2021

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Reports on Sterling Bancorp

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Sterling Bancorp announces results for the fourth quarter and full yea...

Sterling Bancorp announces results for the fourth quarter and full year of 2021. Reporting record diluted earnings per share available to common stockholders in the fourth quarter of 2021 of $0.57 (as reported) and $0.64 (as adjusted). Key Performance Highlights GAAP net income available to common stockholders was $109.6 million.Adjusted net income was $121.9 million, an all-time high, and an increase of 22.4% over the linked quarter.Adjusted PPNR, excluding accretion income,1, 2 was $130.8 million; an increase of $10.1 million, or 8.4%, versus the linked quarter. For the full year, adju...

January 19, 2022 1 EN
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Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share PEARL RIVER, N.Y., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payable February 18, 2022, to holders of record as of January 24, 2022. About Sterling Bancorp Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the c...

January 19, 2022 1 EN
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Sterling National Bank Announces Its Participation in the USDF Consort...

Sterling National Bank Announces Its Participation in the USDF Consortium™ PEARL RIVER, N.Y., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Sterling National Bank (“Sterling”), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) announced today its participation in the USDF ConsortiumTM, an association of FDIC-insured financial institutions, whose objective is to advance the adoption and interoperability of a bank-minted stablecoin, USDFTM. USDF will be established on the Provenance Network, a public blockchain that supports real-time payment capabilities and will facilitate fa...

January 13, 2022 1 EN
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Sterling Bancorp Announces Strategic Investment in JAM FINTOP Blockcha...

Sterling Bancorp Announces Strategic Investment in JAM FINTOP Blockchain, LP PEARL RIVER, N.Y., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (“Sterling”), today announced an investment in JAM FINTOP Blockchain, LP (the “fund”), a venture fund that will focus its investments on blockchain infrastructure providers that help regulated financial institutions compliantly adopt and operate blockchain enabled applications in their business. The fund is managed by JAM Special Opportunity Ventures, an affiliate of Jacobs Asset Management, LLC (JAM), and FINTOP Capital. Sterling ...

January 11, 2022 1 EN
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Sterling Bancorp to Announce Fourth Quarter and Full Year 2021 Results

Sterling Bancorp to Announce Fourth Quarter and Full Year 2021 Results PEARL RIVER, N.Y., Jan. 07, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the fourth quarter and full year ended December 31, 2021 after the market close on Wednesday, January 19, 2022. Sterling will not host an earnings call given its pending merger with Webster Financial Corporation. About Sterling BancorpSterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of s...

January 7, 2022 1 EN

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