Sterling Bancorp Financials

SBT Stock  USD 4.86  0.03  0.62%   
Based on the analysis of Sterling Bancorp's profitability, liquidity, and operating efficiency, Sterling Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Sterling Bancorp's Inventory is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 671.7 M in 2024, whereas Other Liabilities is likely to drop slightly above 691.7 K in 2024. Key indicators impacting Sterling Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.140.1526
Significantly Down
Slightly volatile
Current Ratio43.5441.47
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Sterling Bancorp includes many different criteria found on its balance sheet. An individual investor should monitor Sterling Bancorp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sterling Bancorp.

Net Income

7.04 Million

  
Understanding current and past Sterling Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sterling Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in Sterling Bancorp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sterling Bancorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sterling Bancorp. Check Sterling Bancorp's Beneish M Score to see the likelihood of Sterling Bancorp's management manipulating its earnings.

Sterling Bancorp Stock Summary

Sterling Bancorp competes with Home Federal, Lake Shore, Magyar Bancorp, Franklin Financial, and Bogota Financial. operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individuals and businesses. The company was founded in 1984 and is headquartered in Southfield, Michigan. Sterling Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 295 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS85917W1027
CUSIP85917W102
LocationMichigan; U.S.A
Business AddressOne Towne Square,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.sterlingbank.com
Phone248 355 2400
CurrencyUSD - US Dollar

Sterling Bancorp Key Financial Ratios

Sterling Bancorp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.9B2.9B2.4B2.4B3.0B
Other Liab7.8M9.7M3.0M809K728.1K691.7K
Net Tangible Assets332.6M319.6M340.4M312.6M359.5M304.2M
Net Debt235.2M(601.7M)(178.1M)(249.5M)(520.7M)(494.6M)
Retained Earnings238.3M224.9M245.0M234.0M242.0M215.5M
Accounts Payable102.8M3.1B2.3B46.8M42.1M40.0M
Cash78.8M1.0B412.9M380.7M578.0M316.4M
Other Assets2.9B2.3B2.1B1.3B(418.0M)(397.1M)
Long Term Debt65.2M383.3M215.3M115.3M50M47.5M
Capital Surpluse12.7M13.2M13.5M14.8M13.3M11.0M
Other Current Assets39.0M1.0B420.6M388.6M591.7M671.7M
Total Liab2.9B403.8M234.7M2.1B2.1B1.5B
Total Current Assets77.8M1.3B420.6M736.8M1.0B846.8M
Intangible Assets9.8M5.7M2.7M1.8M1.5M1.5M
Common Stock80.9M80.8M82.2M83.3M84.3M83.8M
Other Current Liab2.5B1.3B710.4M2.0B797.0M1.2B
Long Term Debt Total65.0M65.2M65.3M65.3M75.1M68.8M
Net Receivables13.7M11.0M7.7M7.8M8.5M8.4M
Net Invested Capital626.8M702.9M555.7M446.1M377.7M466.1M

Sterling Bancorp Key Income Statement Accounts

The reason investors look at the income statement is to determine what Sterling Bancorp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision20.8M(5.9M)8.4M6.6M1.6M1.6M
Net Interest Income121.0M105.8M91.2M78.8M68.4M99.7M
Interest Income175.4M151.4M116.5M99.9M121.1M135.1M
Interest Expense54.4M45.6M25.4M21.1M61.8M36.6M
Total Revenue132.4M110.1M95.6M80.1M76.3M80.6M
Gross Profit132.6M110.1M95.6M80.1M76.3M80.6M
Operating Income44.9M(18.9M)28.5M29.4M8.4M8.0M
Ebit44.9M(18.9M)33.0M29.4M10.6M10.0M
Income Before Tax44.9M(18.9M)28.5M(7.6M)10.6M10.0M
Net Income29.2M(13.0M)23.4M(14.2M)7.4M7.0M
Income Tax Expense15.6M(5.9M)8.4M6.6M3.1M3.0M

Sterling Bancorp Key Cash Accounts

201920202021202220232024 (projected)
Investments170.6M223.8M352.5M(57.7M)216.4M227.2M
Net Borrowings(64M)89M(168M)(100M)(90M)(85.5M)
Other Non Cash Items609K25.3M5.2M13.1M(13.0M)(12.4M)
Change To Netincome(15.3M)33.7M4.5M4.1M4.7M5.0M

Sterling Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sterling Bancorp's current stock value. Our valuation model uses many indicators to compare Sterling Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sterling Bancorp competition to find correlations between indicators driving Sterling Bancorp's intrinsic value. More Info.
Sterling Bancorp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.13  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sterling Bancorp is roughly  7.44 . At this time, Sterling Bancorp's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sterling Bancorp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sterling Bancorp Systematic Risk

Sterling Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sterling Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Sterling Bancorp correlated with the market. If Beta is less than 0 Sterling Bancorp generally moves in the opposite direction as compared to the market. If Sterling Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sterling Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sterling Bancorp is generally in the same direction as the market. If Beta > 1 Sterling Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Sterling Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sterling Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sterling Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.24)

At this time, Sterling Bancorp's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Sterling Bancorp November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sterling Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sterling Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sterling Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Sterling Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sterling Bancorp's daily price indicators and compare them against related drivers.

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.