STL News and Press, Sterling Bancorp From 07/21/21

Sterling Bancorp (STL): Q2 Non-GAAP EPS of $0.52 beats by $0.03; GAAP EPS of $0.50 beats by $0.01.Revenue of $248.74M (+3.9% Y/Y) misses by $3.78M.Press Release For further details see: Sterling Bancorp EPS beats by $0.03, misses on revenue

Key Performance Highlights GAAP net income available to common stockholders was $96.4 million. Adjusted net income increased to $100.5 million from $97.6 million in the linked quarter. Reported net interest margin excluding accretion income 1 of 3.30% was flat compar...

PEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) , the parent company of Sterling National Bank, today announced that it plans to release results for the second quarter ended June 30, 2021 after the market close on Wednesday, July 21, 2021. Jack Ko...

PEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), today announced it has made a strategic investment in Verdigris Holdings , Inc , the parent company of BrightFi, a leading provider of digital banking services to banks and non-bank institutions. ...

My IMF portfolio is designed as a quasi-index fund that holds around 140 different equities. This is designed to mimic a major index such as the S&P 500 while tilting the portfolio toward high-quality stocks. Not all investments work out, however. Occasionally, I have to weed ...

Shares of Sterling Bancorp (NYSE:STL) traded today at $26.87, eclipsing its 52-week high. Approximately 711,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares. Sterling Bancorp share prices have moved between a 52-week high of $26.87 and a ...

Finitive Receives Strategic Investment from Sterling Bancorp Finitive will deploy the new capital to advance its private credit marketplace, providing digitized deal sourcing, screening and due diligence for investors and easier access to financing for borrowers PR Newswire ...

PEARL RIVER, N.Y., May 19, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), today announced it has made a capital investment in Finitive , a New York based financial technology firm. Founded in 2017, Finitive operates a data-driven platform that provides institutional investor...

NEW YORK and PEARL RIVER, N.Y., May 12, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank , the wholly-owned operating bank subsidiary of Sterling Bancorp, today announced that following the June 2020 implementation of Amelia , the industry leading Digital Employee™, the Bank&#...

Kahn Brothers’ 13F portfolio value increased from $579M to $646M this quarter. Stakes in VOXX International and BlackBerry were decreased during the quarter. The portfolio continues to be very concentrated with the top five positions accounting for ~45% of the 13F holdings....