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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...
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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 ...