Sterling Bancorp (NASDAQ:SBT) Posts Earnings Results

Sterling Bancorp (NASDAQ:SBT) posted its quarterly earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Sterling Bancorp had a return on equity of 1.83% and a net margin of 4.45%.

Sterling Bancorp Trading Down 2.7 %

NASDAQ SBT opened at $4.71 on Friday. The stock’s fifty day moving average price is $4.77 and its 200-day moving average price is $5.02. The stock has a market cap of $246.38 million, a P/E ratio of 36.23 and a beta of 0.54. Sterling Bancorp has a 12 month low of $4.40 and a 12 month high of $5.97.

Sterling Bancorp Company Profile

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.