Sterling Bancorp

Sterling Bancorp, of which the 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.
Type
Public
HQ
Montebello, US
Founded
1888
Size (employees)
970 (est)-8%
Sterling Bancorp was founded in 1888 and is headquartered in Montebello, US

Sterling Bancorp Office Locations

Sterling Bancorp has an office in Montebello
Montebello, US (HQ)
400 Rella Blvd

Sterling Bancorp Data and Metrics

Sterling Bancorp Financial Metrics

Sterling Bancorp's revenue was reported to be $532.5 m in FY, 2016 which is a 30% increase from the previous period.
$, USD

Revenue (FY, 2016)

532.5 m

Revenue growth (FY, 2015 - FY, 2016), %

30%

Net income (FY, 2016)

140 m

EBIT (FY, 2016)

384.3 m

Market capitalization (23-Jun-2017)

3.1 b

Closing share price (23-Jun-2017)

22.8

Cash (31-Dec-2016)

293.6 m
Sterling Bancorp's current market capitalization is $3.1 b.
$, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

159.8 m294.3 m410.9 m532.5 m

Revenue growth, %

84%40%30%

Operating expense total

91 m208.4 m260.3 m247.9 m

EBIT

100 m198.9 m295.5 m384.3 m

EBIT margin, %

63%68%72%72%

Pre tax profit

36.7 m37.8 m97.9 m207.4 m

Income tax expense

6.9 m2.8 m6.2 m11.4 m10.2 m31.8 m67.4 m

Net Income

25.3 m27.7 m66.1 m140 m
$, USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

160.4 m90.9 m281.5 m438 m113.1 m177.6 m229.5 m293.6 m

Accounts Receivable

31.5 m43.3 m

PP&E

63.4 m57.3 m

Goodwill

670.7 m696.6 m

Total Assets

12 b14.2 b

Common Stock

1.4 m1.4 m

Additional Paid-in Capital

1.5 b1.6 b

Retained Earnings

245.4 m349.3 m

Total Equity

1.7 b1.9 b

Financial Leverage

7.2 x7.6 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

25.3 m27.7 m66.1 m140 m

Depreciation and Amortization

1.9 m1.9 m

Accounts Receivable

19.7 m

Cash From Operating Activities

(21.7 m)(21.7 m)

Cash From Investing Activities

(114.9 m)(114.9 m)

Dividends Paid

(5.9 m)(5.9 m)

Cash From Financing Activities

80.5 m80.5 m
$, USDY, 2016

Revenue/Employee

500 k

Financial Leverage

7.6 x

Sterling Bancorp Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Astoria Financial CorporationMarch 08, 2017$2.2 b

Sterling Bancorp Market Value History

Sterling Bancorp News and Updates

Sterling Bancorp Company Life and Culture

You may also be interested in