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 Metrics

Sterling Bancorp Financial Metrics

Revenue (2016)

$532.5 m

Revenue growth (2015-16), %

30%

Net income (2016)

$140 m

Market capitalization (21-Mar-2017)

$3.2 b

Closing share price (21-Mar-2017)

$24.1

Cash (31-Dec-2016)

$293.6 m
Sterling Bancorp's current market capitalization is $3.2 b.
Sterling Bancorp's revenue was reported to be $532.5 m in FY, 2016 which is a 29.6% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$159.8 m$294.3 m$410.9 m$532.5 m

Revenue growth, %

84%40%30%

Operating expense total

$91 m$208.4 m$260.3 m$247.9 m

EBIT

$100 m$198.9 m$295.5 m$384.3 m

EBIT margin, %

63%68%72%72%

Pre tax profit

$36.7 m$37.8 m$97.9 m$207.4 m

Income tax expense

$6.9 m$2.8 m$6.2 m$11.4 m$10.2 m$31.8 m$67.4 m

Net Income

$25.3 m$27.7 m$66.1 m$140 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$160.4 m$90.9 m$281.5 m$438 m$113.1 m$177.6 m$229.5 m$293.6 m

Accounts Receivable

$31.5 m$43.3 m

Inventories

PP&E

$63.4 m$57.3 m

Goodwill

$670.7 m$696.6 m

Total Assets

$12 b$14.2 b

Accounts Payable

Common Stock

$1.4 m$1.4 m

Preferred Stock

Additional Paid-in Capital

$1.5 b$1.6 b

Retained Earnings

$245.4 m$349.3 m

Total Equity

$1.7 b$1.9 b

Financial Leverage

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

Net Income

$25.3 m$27.7 m$66.1 m$140 m

Depreciation and Amortization

$1.9 m$1.9 m

Accounts Receivable

$19.7 m

Inventories

Accounts Payable

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 m$80.5 m

Sterling Bancorp Acquisitions / Subsidiaries

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

Sterling Bancorp Market Value History

Sterling Bancorp News

Sterling Bancorp Company Life

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