Sterling Bancorp (NASDAQ:SBT) Posts Earnings Results

Sterling Bancorp (NASDAQ:SBT) issued its quarterly earnings data on Wednesday. The company reported $0.03 EPS for the quarter, Yahoo Finance reports. Sterling Bancorp had a return on equity of 2.41% and a net margin of 5.79%. The firm had revenue of $33.48 million for the quarter.

Sterling Bancorp Price Performance

Shares of SBT traded up $0.05 during trading hours on Friday, hitting $4.90. 603 shares of the company were exchanged, compared to its average volume of 36,144. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.15. Sterling Bancorp has a fifty-two week low of $4.22 and a fifty-two week high of $6.26. The company has a market cap of $255.14 million, a price-to-earnings ratio of 30.31 and a beta of 0.56. The firm’s fifty day moving average is $5.00 and its 200 day moving average is $5.39.

About Sterling Bancorp

Sterling Bancorp, Inc is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services.