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.
Company Growth (employees)
Type
Public
HQ
Montebello, US
Founded
1888
Size (employees)
970 (est)
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 Financials and Metrics

Sterling Bancorp Financials

Sterling Bancorp's revenue was reported to be $532.5 m in FY, 2016
USD

Net income (Q1, 2017)

39.1 m

EBIT (Q1, 2017)

104.3 m

Market capitalization (19-Oct-2017)

3.3 b

Cash (31-Mar-2017)

253.7 m
Sterling Bancorp's current market capitalization is $3.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

159.8 m294.3 m410.9 m532.5 m

Revenue growth, %

84%40%30%

Cost of goods sold

7.9 m

Gross profit

524.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

7.8 m8.4 m9.9 m12.5 m13.9 m15 m17.2 m

Sales and marketing expense

23.2 m22.7 m29.2 m30 m31.3 m32.5 m31.4 m

Operating expense total

23.2 m22.7 m29.2 m30 m31.3 m32.5 m31.4 m

EBIT

56.8 m60.5 m88.4 m89.5 m95.4 m97.6 m104.3 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
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

186.7 m366.4 m318.1 m486.7 m258.3 m380.5 m253.7 m

PP&E

45.1 m63.6 m63.5 m62.4 m60.8 m58.8 m57.6 m

Goodwill

400.9 m669.6 m670.7 m696.6 m696.6 m696.6 m696.6 m

Total Assets

7.7 b11.6 b11.6 b12.9 b13.1 b13.6 b14.7 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

25.3 m27.7 m66.1 m17 m

Depreciation and Amortization

1.9 m1.9 m

Accounts Receivable

19.7 m

Cash From Operating Activities

(21.7 m)(21.7 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.7 m11.3 m16.8 m9.1 m33.3 m23.8 m61.5 m99 m39.1 m

Depreciation and Amortization

1.4 m1.8 m3.4 m3.1 m3.2 m3.2 m2.2 m

Accounts Receivable

6.6 m6.6 m7.4 m7.4 m1.4 m1.4 m1.4 m

Cash From Operating Activities

34.2 m76.6 m(15.2 m)17.7 m28.2 m99.4 m76.1 m61.9 m
Y, 2017

Financial Leverage

7.8 x
Show all financial metrics

Sterling Bancorp Operating Metrics

Sterling Bancorp's Total Loans Issued was reported to be $10.2 b in Q2, 2017
Show all operating metrics

Sterling Bancorp Acquisitions / Subsidiaries

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

Sterling Bancorp Market Value History

Traffic Overview of Sterling Bancorp

Sterling Bancorp Company Life and Culture

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