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Earnings of Sterling Bancorp ( STL ) plunged by 88% sequentially in the first quarter to $0.06 per share due to a surge in provision expense and net interest margin compression. On an adjusted basis, the company reported a loss of $0.02 per share. After the decline in the first quarter, earnin...
This article is part of a series that provides an ongoing analysis of the changes made to Kahn Brothers' 13F stock portfolio on a quarterly basis. It is based on Kahn Brothers' regulatory 13F Form filed on 05/11/2020. Please visit our Tracking Kahn Brothers Portfolio series to get an idea ...
Image source: The Motley Fool. Sterling Bancorp (NYSE: STL) Q1 2020 Earnings Call Apr 28, 2020 , 8:00 a.m. ET Operator Continue reading
Sterling Bancorp (STL) Q1 2020 Earnings Conference Call April 28, 2020 8:00 a.m. ET Company Participants Jack Kopnisky - President, CEO, and Director Luis Massiani - CFO and Bank President Rob Rowe - Chief Credit Officer Conference Call Participants Casey Haire - Jefferies ...
The following slide deck was published by Sterling Bancorp in conjunction with their 2020 Q1 earnings Read more ...
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Sterling Bancorp (NYSE: STL ): Q1 Non-GAAP EPS of -$0.02 misses by $0.43 ; GAAP EPS of $0.06 misses by $0.34 . Revenue of $259.1M (+1.6% Y/Y) beats by $10.21M . Press Release More news on: Sterling Bancorp, Earnings news and commentary, Financial stocks news,
Key Performance Highlights for the Three Months ended March 31, 2020 vs. March 31, 2019 Proactively working with clients to provide support and relief in response to the COVID-19 pandemic. • Modified $1.1 billion in loans (5.1% of total portfolio) for consumer and...
MONTEBELLO, N.Y., April 27, 2020 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payable May 22, 2020 to holders of re...
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Constellation Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 Constellation Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire NEW YORK , Jan. 26, 2022 /PRNewswire/...
Key Performance Highlights GAAP net income available to common stockholders was $109.6 million. Adjusted net income was $121.9 million, an all-time high, and an increase of 22.4% over the linked quarter. Adjusted PPNR, excluding accretion income, 1, 2 was $130.8 mill...
PEARL RIVER, N.Y., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Sterling National Bank (“Sterling”), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) announced today its participation in the USDF Consortium TM , an association of FDIC-insured financial ...