Sterling Earning Assets vs Property Plant Equipment Analysis

SBT Stock  USD 4.86  0.03  0.62%   
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 Earning Assets and its Property Plant Equipment 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.

Earning Assets vs Property Plant Equipment

Earning Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Bancorp Earning Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sterling Bancorp's Earning Assets and Property Plant Equipment is 0.44. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Property Plant Equipment 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 Earning Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Sterling Bancorp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Earning Assets i.e., Sterling Bancorp's Earning Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Earning Assets

Property Plant Equipment

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 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income116.5M99.9M121.1M135.1M
Net Interest Income91.2M78.8M68.4M99.7M

Sterling Bancorp fundamental ratios Correlations

-0.030.750.87-0.070.850.78-0.560.810.30.640.260.160.280.590.620.82-0.550.610.16-0.58-0.470.55-0.410.020.43
-0.03-0.01-0.410.7-0.43-0.360.66-0.510.73-0.32-0.86-0.820.810.5-0.56-0.290.48-0.65-0.910.28-0.47-0.02-0.210.03-0.11
0.75-0.010.65-0.190.640.72-0.270.65-0.070.310.160.180.270.20.330.53-0.360.340.01-0.46-0.530.19-0.830.250.88
0.87-0.410.65-0.261.00.84-0.660.980.00.620.470.360.050.350.650.93-0.540.830.45-0.52-0.270.55-0.320.110.45
-0.070.7-0.19-0.26-0.28-0.610.7-0.430.56-0.54-0.53-0.490.640.56-0.630.010.31-0.58-0.56-0.060.10.370.020.47-0.32
0.85-0.430.641.0-0.280.82-0.670.98-0.030.640.50.390.010.320.660.93-0.510.860.47-0.51-0.240.54-0.290.120.44
0.78-0.360.720.84-0.610.82-0.730.9-0.070.740.340.230.010.130.710.61-0.430.780.33-0.24-0.580.21-0.44-0.220.61
-0.560.66-0.27-0.660.7-0.67-0.73-0.740.15-0.91-0.77-0.640.55-0.01-0.98-0.50.54-0.89-0.70.340.03-0.23-0.190.42-0.08
0.81-0.510.650.98-0.430.980.9-0.74-0.110.680.520.4-0.050.220.70.84-0.480.890.51-0.41-0.290.48-0.30.030.49
0.30.73-0.070.00.56-0.03-0.070.15-0.110.17-0.48-0.570.630.78-0.120.10.22-0.15-0.660.11-0.340.360.17-0.35-0.41
0.64-0.320.310.62-0.540.640.74-0.910.680.170.480.33-0.260.250.920.48-0.320.830.41-0.17-0.310.270.15-0.50.05
0.26-0.860.160.47-0.530.50.34-0.770.52-0.480.480.97-0.81-0.250.730.4-0.630.650.84-0.570.540.190.25-0.080.05
0.16-0.820.180.36-0.490.390.23-0.640.4-0.570.330.97-0.83-0.370.610.3-0.590.510.78-0.590.60.110.170.020.12
0.280.810.270.050.640.010.010.55-0.050.63-0.26-0.81-0.830.59-0.50.140.36-0.35-0.760.17-0.660.26-0.490.250.19
0.590.50.20.350.560.320.13-0.010.220.780.25-0.25-0.370.590.090.46-0.070.13-0.29-0.12-0.310.450.030.05-0.19
0.62-0.560.330.65-0.630.660.71-0.980.7-0.120.920.730.61-0.50.090.51-0.580.840.68-0.41-0.080.220.13-0.340.12
0.82-0.290.530.930.010.930.61-0.50.840.10.480.40.30.140.460.51-0.550.710.4-0.63-0.140.6-0.240.290.3
-0.550.48-0.36-0.540.31-0.51-0.430.54-0.480.22-0.32-0.63-0.590.36-0.07-0.58-0.55-0.42-0.560.8-0.17-0.050.130.0-0.24
0.61-0.650.340.83-0.580.860.78-0.890.89-0.150.830.650.51-0.350.130.840.71-0.420.68-0.24-0.10.320.09-0.170.18
0.16-0.910.010.45-0.560.470.33-0.70.51-0.660.410.840.78-0.76-0.290.680.4-0.560.68-0.40.430.10.250.120.05
-0.580.28-0.46-0.52-0.06-0.51-0.240.34-0.410.11-0.17-0.57-0.590.17-0.12-0.41-0.630.8-0.24-0.4-0.25-0.420.25-0.31-0.28
-0.47-0.47-0.53-0.270.1-0.24-0.580.03-0.29-0.34-0.310.540.6-0.66-0.31-0.08-0.14-0.17-0.10.43-0.250.010.610.14-0.51
0.55-0.020.190.550.370.540.21-0.230.480.360.270.190.110.260.450.220.6-0.050.320.1-0.420.010.030.19-0.07
-0.41-0.21-0.83-0.320.02-0.29-0.44-0.19-0.30.170.150.250.17-0.490.030.13-0.240.130.090.250.250.610.03-0.43-0.93
0.020.030.250.110.470.12-0.220.420.03-0.35-0.5-0.080.020.250.05-0.340.290.0-0.170.12-0.310.140.19-0.430.37
0.43-0.110.880.45-0.320.440.61-0.080.49-0.410.050.050.120.19-0.190.120.3-0.240.180.05-0.28-0.51-0.07-0.930.37
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Sterling Bancorp Account Relationship Matchups

Sterling Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.9B2.9B2.4B2.4B3.0B
Short Long Term Debt Total314.0M403.8M234.7M131.3M62.5M59.4M
Total Current Liabilities2.8B1.3B714.5M16.0M801.0M945.1M
Total Stockholder Equity332.6M319.6M340.4M312.6M327.7M310.4M
Other Liab7.8M9.7M3.0M809K728.1K691.7K
Net Tangible Assets332.6M319.6M340.4M312.6M359.5M304.2M
Property Plant And Equipment Net27.9M27.7M25.6M21.1M16.9M17.9M
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
Non Current Assets Total12.1M338.4M342.2M386.7M1.8B1.9B
Non Currrent Assets Other85.6M(24.3M)(21.4M)(8.1M)1.4B1.5B
Other Assets2.9B2.3B2.1B1.3B(418.0M)(397.1M)
Long Term Debt65.2M383.3M215.3M115.3M50M47.5M
Cash And Short Term Investments231.4M1.3B412.9M728.9M997.2M1.0B
Common Stock Shares Outstanding49.9M49.8M50.1M50.3M50.8M40.5M
Short Term Investments152.5M305.0M313.9M348.2M419.2M236.7M
Liabilities And Stockholders Equity3.2B3.9B2.9B2.4B2.4B3.0B
Non Current Liabilities Total314.0M403.8M234.7M2.1B2.1B2.2B
Capital Surpluse12.7M13.2M13.5M14.8M13.3M11.0M
Other Current Assets39.0M1.0B420.6M388.6M591.7M671.7M
Other Stockholder Equity196K13.5M14.1M14.8M16.7M13.9M
Total Liab2.9B403.8M234.7M2.1B2.1B1.5B
Long Term Investments2.9B305.0M313.9M348.2M423.9M574.3M
Total Current Assets77.8M1.3B420.6M736.8M1.0B846.8M
Accumulated Other Comprehensive Income(15.7M)387K(897K)(19.5M)(15.2M)(14.5M)
Intangible Assets9.8M5.7M2.7M1.8M1.5M1.5M
Common Stock80.9M80.8M82.2M83.3M84.3M83.8M
Property Plant Equipment9.2M27.7M25.6M6.3M7.2M13.2M
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

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