Sterling Tax Provision from 2010 to 2024

SBT Stock  USD 4.84  0.05  1.04%   
Sterling Bancorp Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 1.6 M in 2024. Tax Provision is the amount set aside by Sterling Bancorp to cover any estimated taxes for the current period. It reflects Sterling Bancorp's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
-103 K
Current Value
647 K
Quarterly Volatility
2.7 M
 
Covid
Check Sterling Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sterling Bancorp's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 99.7 M or Interest Income of 135.1 M, as well as many indicators such as Price To Sales Ratio of 4.9, Dividend Yield of 0.0024 or PTB Ratio of 0.85. Sterling financial statements analysis is a perfect complement when working with Sterling Bancorp Valuation or Volatility modules.
  
Check out the analysis of Sterling Bancorp Correlation against competitors.
For more information on how to buy Sterling Stock please use our How to Invest in Sterling Bancorp guide.

Latest Sterling Bancorp's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Sterling Bancorp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Sterling Bancorp's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sterling Bancorp's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Sterling Tax Provision Regression Statistics

Arithmetic Mean13,706,407
Coefficient Of Variation72.79
Mean Deviation7,494,791
Median15,287,000
Standard Deviation9,976,499
Sample Variance99.5T
Range38.4M
R-Value(0.48)
Mean Square Error82.5T
R-Squared0.23
Significance0.07
Slope(1,069,883)
Total Sum of Squares1393.4T

Sterling Tax Provision History

20241.6 M
20231.6 M
20226.6 M
20218.4 M
2020-5.9 M
201920.8 M
201825.1 M

About Sterling Bancorp Financial Statements

Sterling Bancorp shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Sterling Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Sterling Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sterling Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision1.6 M1.6 M

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Additional Tools for Sterling Stock Analysis

When running Sterling Bancorp's price analysis, check to measure Sterling Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sterling Bancorp is operating at the current time. Most of Sterling Bancorp's value examination focuses on studying past and present price action to predict the probability of Sterling Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sterling Bancorp's price. Additionally, you may evaluate how the addition of Sterling Bancorp to your portfolios can decrease your overall portfolio volatility.