STL News and Press, Sterling Bancorp From 01/23/20

The following slide deck was published by Sterling Bancorp in conjunction with their 2019 Q4 earnings Read more ...

Sterling Bancorp (NYSE: STL ): Q4 Non-GAAP EPS of $0.54 beats by $0.01 ; GAAP EPS of $0.52 misses by $0.01 . Revenue of $264.46M (-3.6% Y/Y) beats by $8.41M . Press Release More news on: Sterling Bancorp, Earnings news and commentary, Financial stocks news,

  Key Performance Highlights for the Twelve Months ended December 31, 2019 vs. December 31, 2018 Net income available to common stockholders of $419.1 million (as reported) and $426.9 million (as adjusted). Total commercial loans of $19.0 billion at December 31,...

Sterling Bancorp's ( STL ) earnings are expected to continue to grow in 2020, mostly on the back of management's cost-cutting efforts. The recent acquisition of an equipment finance portfolio is also expected to contribute to the bottom-line growth. On the other hand, a compression in net inte...

MONTEBELLO, N.Y., Jan. 10, 2020 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) , the parent company of Sterling National Bank, today announced that it plans to release results for the fourth quarter and full year ended December 31, 2019 after the market close on Wednesday, January 22, 20...

MONTEBELLO, N.Y., Dec. 16, 2019 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), the parent holding company of Sterling National Bank, announced today the closing of its underwritten public offering of $275,000,000 aggregate principal amount of its 4.00% fixed...

Sterling Bancorp (NYSE: STL ) has priced $275M of its 4.00% fixed-to-floating rate subordinated notes due 2029 at par. More news on: Sterling Bancorp, Financial stocks news, Read more ...

MONTEBELLO, N.Y., Dec. 12, 2019 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), the parent holding company of Sterling National Bank, announced today that it has priced $275 million aggregate principal amount of its 4.00% fixed-to-floating rate subordinated n...

MONTEBELLO, N.Y., Dec. 02, 2019 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), announced today that its principal subsidiary, Sterling National Bank, has completed the previously announced acquisition of middle market commercial equipment finance loans and leases from Santander Bank, N.A...

MONTEBELLO, N.Y., Nov. 15, 2019 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), of which the principal subsidiary is Sterling National Bank, today announced that it has added veteran technology bankers John Hoesley and Josh Roberts to lead its newly created Innovation Finance Group. ...