STL News and Press, Sterling Bancorp From 04/05/21

PEARL RIVER, N.Y., April 05, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank , the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), today announced a Banking as a Service (BaaS) agreement with Rho Technologies, the fintech company behind Rho Business Banking. ...

PEARL RIVER, N.Y., April 01, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), the parent company of Sterling National Bank (the “Bank”), today announced the Bank completed the redemption of all of its outstanding 5.25% Fixed-to-Floating Call...

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 p...

PEARL RIVER, N.Y., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank , the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) today announced that it is working with Google to offer digital checking and savings accounts through the Google Pay platform. As ...

PEARL RIVER, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank , the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), today announced that it is partnering with Goalsetter, a Black-owned financial services mobile app aimed at promoting financial l...

Kahn Brothers’ 13F portfolio value increased from $528M to $579M this quarter. New York Community Bancorp, VOXX International, BlackBerry, and Patterson-UTI Energy were decreased during the quarter. The portfolio continues to be very concentrated with the top five positions...

Image source: The Motley Fool. Sterling Bancorp (NYSE: STL) Q4 2020 Earnings Call Jan 21, 2021 , 8:00 a.m. ET Operator Continue reading For further details see: Sterling Bancorp (STL) Q4 2020 Earnings Call Transcript

Sterling Bancorp (STL) Q4 2020 Results Conference Call January 21, 2021 08:00 AM ET Company Participants Jack Kopnisky - President and Chief Executive Officer Luis Massiani - Senior Executive Vice President and Chief Financial Officer Bea Ordonez - Incoming Chief Financial Officer Rob Rowe - ...

Sterling Bancorp (STL): Q4 Non-GAAP EPS of $0.49 beats by $0.03; GAAP EPS of $0.38 misses by $0.09.Revenue of $255.95M (-3.2% Y/Y) beats by $8.68M.Shares +0.48%.Press Release For further details see: Sterling Bancorp EPS beats by $0.03, beats on revenue

Key Performance Highlights Adjusted PPNR excluding accretion income 1, 2 of $130.3 million; increased $7.0 million, or 5.7% over linked quarter. Adjusted total revenue 1 was $256.1 million; an increase of $10.5 million, or 4.3% over linked quarter. Net interest m...