TheScreener - Sterling Bancorp (STL) STERLING BANCORP sees an upgrade to Slightly Positive due to a better fundamental star rating

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TheScreener

EUR 13.44 For Business Accounts Only

STERLING BANCORP sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of STERLING BANCORP (US), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 24, 2021, the closing price was USD 23.60 and its potential was estimated at USD 27.33.

25/09/2021 6 EN

Underlying

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.

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US85917A1007 New York Stock Exchange United States

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TheScreener

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GlobeNewsWire

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).

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 January 19, 2022 1 EN

GlobeNewsWire

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 January 19, 2022 1 EN

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Sterling National Bank Announces Its Participation in the USDF Consortium™

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 January 13, 2022 1 EN

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April 9, 2022 April 9, 2022 1 EN

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April 6, 2022 April 6, 2022 1 EN

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April 6, 2022 April 6, 2022 1 EN

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STERLING BANCORP sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

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).

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

Sterling National Bank Announces Its Participation in the USDF Consortium™

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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