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home / news releases / STL - Sterling Bancorp: Loan Growth To Drive Strong Earnings Rebound

STL - Sterling Bancorp: Loan Growth To Drive Strong Earnings Rebound

Sterling Bancorp
  • The investment in teams and technology will boost loan growth in the year ahead.
  • There's a chance that Sterling will lose some of its customers in the future.
  • The provision expense will likely dip this year due to the large reserve built last year that will likely cover upcoming pandemic-driven loan losses.
  • The potential price upside and forward dividend yield suggest a small total expected return.

For further details see:

Sterling Bancorp: Loan Growth To Drive Strong Earnings Rebound
Stock Information
Company Name: Sterling Bancorp
Stock Symbol: STL
Market: NYSE
Website: sterlingbancorp.com
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