Sterling Cost Of Revenue vs Tax Provision Analysis

SBT Stock  USD 4.61  0.04  0.86%   
Sterling Bancorp financial indicator trend analysis is much more than just breaking down Sterling Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sterling Bancorp is a good investment. Please check the relationship between Sterling Bancorp Cost Of Revenue and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Sterling Stock please use our How to Invest in Sterling Bancorp guide.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Bancorp Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sterling Bancorp's Cost Of Revenue and Tax Provision is -0.37. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Sterling Bancorp, assuming nothing else is changed. The correlation between historical values of Sterling Bancorp's Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Sterling Bancorp are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Sterling Bancorp's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Sterling Bancorp income statement and represents the costs associated with goods and services Sterling Bancorp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Sterling Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sterling Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Sterling Stock please use our How to Invest in Sterling Bancorp guide.Selling General Administrative is likely to gain to about 29 M in 2025, whereas Tax Provision is likely to drop slightly above 1.4 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Income99.9M121.1M139.3M135.1M
Net Interest Income78.8M68.4M78.6M99.7M

Sterling Bancorp fundamental ratios Correlations

-0.090.750.85-0.10.870.78-0.560.790.250.660.290.210.190.540.610.84-0.550.590.21-0.58-0.410.56-0.330.030.43
-0.09-0.06-0.50.72-0.47-0.40.7-0.60.76-0.55-0.89-0.860.850.53-0.67-0.330.57-0.83-0.930.15-0.54-0.06-0.350.01-0.12
0.75-0.060.65-0.210.650.72-0.290.63-0.10.340.190.210.190.170.340.54-0.380.350.07-0.43-0.470.2-0.720.250.88
0.85-0.50.65-0.341.00.83-0.710.98-0.120.680.560.47-0.120.240.690.93-0.60.820.54-0.44-0.130.54-0.140.120.44
-0.10.72-0.21-0.34-0.32-0.630.73-0.490.6-0.63-0.58-0.550.680.58-0.67-0.040.38-0.66-0.61-0.120.010.33-0.090.44-0.32
0.87-0.470.651.0-0.320.84-0.690.97-0.090.670.520.43-0.080.270.670.93-0.590.80.51-0.45-0.170.55-0.170.120.44
0.78-0.40.720.83-0.630.84-0.740.88-0.130.740.370.29-0.080.080.70.63-0.460.720.37-0.21-0.480.22-0.33-0.20.6
-0.560.7-0.29-0.710.73-0.69-0.74-0.780.24-0.97-0.77-0.680.610.06-0.97-0.510.58-0.93-0.740.2-0.08-0.25-0.30.38-0.09
0.79-0.60.630.98-0.490.970.88-0.78-0.230.730.610.53-0.230.120.740.84-0.560.860.6-0.32-0.120.47-0.10.040.46
0.250.76-0.1-0.120.6-0.09-0.130.24-0.23-0.07-0.56-0.620.680.79-0.260.040.31-0.38-0.70.03-0.410.310.03-0.34-0.4
0.66-0.550.340.68-0.630.670.74-0.970.73-0.070.70.6-0.50.070.980.52-0.60.870.62-0.29-0.020.280.26-0.440.08
0.29-0.890.190.56-0.580.520.37-0.770.61-0.560.70.99-0.85-0.330.80.42-0.720.870.9-0.40.60.20.39-0.040.07
0.21-0.860.210.47-0.550.430.29-0.680.53-0.620.60.99-0.86-0.410.720.34-0.690.790.86-0.410.650.140.330.030.12
0.190.850.19-0.120.68-0.08-0.080.61-0.230.68-0.5-0.85-0.860.61-0.610.040.45-0.63-0.820.03-0.70.19-0.580.20.15
0.540.530.170.240.580.270.080.060.120.790.07-0.33-0.410.61-0.030.410.01-0.08-0.36-0.15-0.360.42-0.050.04-0.2
0.61-0.670.340.69-0.670.670.7-0.970.74-0.260.980.80.72-0.61-0.030.53-0.680.920.76-0.350.090.230.26-0.290.13
0.84-0.330.540.93-0.040.930.63-0.510.840.040.520.420.340.040.410.53-0.60.670.43-0.57-0.080.6-0.150.290.3
-0.550.57-0.38-0.60.38-0.59-0.460.58-0.560.31-0.6-0.72-0.690.450.01-0.68-0.6-0.75-0.670.78-0.25-0.08-0.02-0.01-0.23
0.59-0.830.350.82-0.660.80.72-0.930.86-0.380.870.870.79-0.63-0.080.920.67-0.750.86-0.380.230.310.24-0.150.18
0.21-0.930.070.54-0.610.510.37-0.740.6-0.70.620.90.86-0.82-0.360.760.43-0.670.86-0.310.520.140.370.110.07
-0.580.15-0.43-0.44-0.12-0.45-0.210.2-0.320.03-0.29-0.4-0.410.03-0.15-0.35-0.570.78-0.38-0.31-0.12-0.40.26-0.27-0.27
-0.41-0.54-0.47-0.130.01-0.17-0.48-0.08-0.12-0.41-0.020.60.65-0.7-0.360.09-0.08-0.250.230.52-0.120.040.660.15-0.47
0.56-0.060.20.540.330.550.22-0.250.470.310.280.20.140.190.420.230.6-0.080.310.14-0.40.040.060.19-0.06
-0.33-0.35-0.72-0.14-0.09-0.17-0.33-0.3-0.10.030.260.390.33-0.58-0.050.26-0.15-0.020.240.370.260.660.06-0.39-0.85
0.030.010.250.120.440.12-0.20.380.04-0.34-0.44-0.040.030.20.04-0.290.29-0.01-0.150.11-0.270.150.19-0.390.37
0.43-0.120.880.44-0.320.440.6-0.090.46-0.40.080.070.120.15-0.20.130.3-0.230.180.07-0.27-0.47-0.06-0.850.37
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Sterling Bancorp Account Relationship Matchups

Sterling Bancorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.9B2.9B2.4B2.4B2.8B3.0B
Short Long Term Debt Total403.8M234.7M131.3M62.5M56.3M53.5M
Total Current Liabilities1.3B714.5M16.0M801.0M921.1M945.1M
Total Stockholder Equity319.6M340.4M312.6M327.7M376.9M310.4M
Other Liab7.8M9.7M3.0M809K728.1K691.7K
Net Tangible Assets332.6M319.6M340.4M312.6M359.5M304.2M
Property Plant And Equipment Net27.7M25.6M21.1M16.9M19.4M17.9M
Net Debt(601.7M)(178.1M)(249.5M)(520.7M)(468.6M)(445.2M)
Retained Earnings224.9M245.0M234.0M242.0M278.3M215.5M
Accounts Payable102.8M3.1B2.3B46.8M42.1M40.0M
Cash1.0B412.9M380.7M583.2M670.7M704.2M
Non Current Assets Total338.4M342.2M386.7M1.8B2.1B2.2B
Non Currrent Assets Other(24.3M)(21.4M)(8.1M)1.4B1.6B1.7B
Other Assets2.3B2.1B1.3B(418.0M)(376.2M)(357.4M)
Long Term Debt383.3M215.3M115.3M50M45M42.8M
Cash And Short Term Investments1.3B412.9M728.9M997.2M1.1B1.2B
Common Stock Shares Outstanding49.8M50.1M50.3M50.8M45.7M40.5M
Short Term Investments305.0M313.9M348.2M419.2M482.1M506.2M
Liabilities And Stockholders Equity3.9B2.9B2.4B2.4B2.8B3.0B
Non Current Liabilities Total403.8M234.7M2.1B2.1B2.4B2.5B
Capital Surpluse12.7M13.2M13.5M14.8M13.3M11.0M
Other Current Assets1.0B420.6M388.6M591.7M680.5M671.7M
Other Stockholder Equity13.5M14.1M14.8M16.7M19.2M13.9M
Total Liab403.8M234.7M2.1B2.1B1.9B1.5B
Long Term Investments305.0M313.9M348.2M423.9M487.5M574.3M
Total Current Assets1.3B420.6M736.8M1.0B1.2B846.8M
Accumulated Other Comprehensive Income387K(897K)(19.5M)(15.2M)(13.7M)(13.0M)
Intangible Assets5.7M2.7M1.8M1.5M1.4M1.3M
Common Stock80.8M82.2M83.3M84.3M97.0M83.8M
Property Plant Equipment9.2M27.7M25.6M6.3M7.2M13.2M
Other Current Liab1.3B710.4M2.0B797.0M916.5M1.2B
Long Term Debt Total65.0M65.2M65.3M65.3M75.1M68.8M
Net Receivables11.0M7.7M7.8M8.5M7.7M8.4M
Net Invested Capital702.9M555.7M446.1M377.7M340.0M466.1M

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