Sterling Interest Income vs Gross Profit 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 Interest Income and its Gross Profit 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.

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sterling Bancorp Interest Income account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Sterling Bancorp's Interest Income and Gross Profit is 0.89. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit 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 Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Sterling Bancorp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Income i.e., Sterling Bancorp's Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sterling Bancorp minus its cost of goods sold. It is profit before Sterling Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Income	116.5M	99.9M	121.1M	135.1M
Net Interest Income	91.2M	78.8M	68.4M	99.7M

Interest Income Net Interest Income

Sterling Bancorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments
Total Assets		-0.03	0.75	0.87	-0.07	0.85	0.78	-0.56	0.81	0.3	0.64	0.26	0.16	0.28	0.59	0.62	0.82	-0.55	0.61	0.16	-0.58	-0.47	0.55	-0.41	0.02	0.43
Short Long Term Debt Total	-0.03		-0.01	-0.41	0.7	-0.43	-0.36	0.66	-0.51	0.73	-0.32	-0.86	-0.82	0.81	0.5	-0.56	-0.29	0.48	-0.65	-0.91	0.28	-0.47	-0.02	-0.21	0.03	-0.11
Total Current Liabilities	0.75	-0.01		0.65	-0.19	0.64	0.72	-0.27	0.65	-0.07	0.31	0.16	0.18	0.27	0.2	0.33	0.53	-0.36	0.34	0.01	-0.46	-0.53	0.19	-0.83	0.25	0.88
Total Stockholder Equity	0.87	-0.41	0.65		-0.26	1.0	0.84	-0.66	0.98	0.0	0.62	0.47	0.36	0.05	0.35	0.65	0.93	-0.54	0.83	0.45	-0.52	-0.27	0.55	-0.32	0.11	0.45
Other Liab	-0.07	0.7	-0.19	-0.26		-0.28	-0.61	0.7	-0.43	0.56	-0.54	-0.53	-0.49	0.64	0.56	-0.63	0.01	0.31	-0.58	-0.56	-0.06	0.1	0.37	0.02	0.47	-0.32
Net Tangible Assets	0.85	-0.43	0.64	1.0	-0.28		0.82	-0.67	0.98	-0.03	0.64	0.5	0.39	0.01	0.32	0.66	0.93	-0.51	0.86	0.47	-0.51	-0.24	0.54	-0.29	0.12	0.44
Property Plant And Equipment Net	0.78	-0.36	0.72	0.84	-0.61	0.82		-0.73	0.9	-0.07	0.74	0.34	0.23	0.01	0.13	0.71	0.61	-0.43	0.78	0.33	-0.24	-0.58	0.21	-0.44	-0.22	0.61
Net Debt	-0.56	0.66	-0.27	-0.66	0.7	-0.67	-0.73		-0.74	0.15	-0.91	-0.77	-0.64	0.55	-0.01	-0.98	-0.5	0.54	-0.89	-0.7	0.34	0.03	-0.23	-0.19	0.42	-0.08
Retained Earnings	0.81	-0.51	0.65	0.98	-0.43	0.98	0.9	-0.74		-0.11	0.68	0.52	0.4	-0.05	0.22	0.7	0.84	-0.48	0.89	0.51	-0.41	-0.29	0.48	-0.3	0.03	0.49
Accounts Payable	0.3	0.73	-0.07	0.0	0.56	-0.03	-0.07	0.15	-0.11		0.17	-0.48	-0.57	0.63	0.78	-0.12	0.1	0.22	-0.15	-0.66	0.11	-0.34	0.36	0.17	-0.35	-0.41
Cash	0.64	-0.32	0.31	0.62	-0.54	0.64	0.74	-0.91	0.68	0.17		0.48	0.33	-0.26	0.25	0.92	0.48	-0.32	0.83	0.41	-0.17	-0.31	0.27	0.15	-0.5	0.05
Non Current Assets Total	0.26	-0.86	0.16	0.47	-0.53	0.5	0.34	-0.77	0.52	-0.48	0.48		0.97	-0.81	-0.25	0.73	0.4	-0.63	0.65	0.84	-0.57	0.54	0.19	0.25	-0.08	0.05
Non Currrent Assets Other	0.16	-0.82	0.18	0.36	-0.49	0.39	0.23	-0.64	0.4	-0.57	0.33	0.97		-0.83	-0.37	0.61	0.3	-0.59	0.51	0.78	-0.59	0.6	0.11	0.17	0.02	0.12
Other Assets	0.28	0.81	0.27	0.05	0.64	0.01	0.01	0.55	-0.05	0.63	-0.26	-0.81	-0.83		0.59	-0.5	0.14	0.36	-0.35	-0.76	0.17	-0.66	0.26	-0.49	0.25	0.19
Long Term Debt	0.59	0.5	0.2	0.35	0.56	0.32	0.13	-0.01	0.22	0.78	0.25	-0.25	-0.37	0.59		0.09	0.46	-0.07	0.13	-0.29	-0.12	-0.31	0.45	0.03	0.05	-0.19
Cash And Short Term Investments	0.62	-0.56	0.33	0.65	-0.63	0.66	0.71	-0.98	0.7	-0.12	0.92	0.73	0.61	-0.5	0.09		0.51	-0.58	0.84	0.68	-0.41	-0.08	0.22	0.13	-0.34	0.12
Common Stock Total Equity	0.82	-0.29	0.53	0.93	0.01	0.93	0.61	-0.5	0.84	0.1	0.48	0.4	0.3	0.14	0.46	0.51		-0.55	0.71	0.4	-0.63	-0.14	0.6	-0.24	0.29	0.3
Common Stock Shares Outstanding	-0.55	0.48	-0.36	-0.54	0.31	-0.51	-0.43	0.54	-0.48	0.22	-0.32	-0.63	-0.59	0.36	-0.07	-0.58	-0.55		-0.42	-0.56	0.8	-0.17	-0.05	0.13	0.0	-0.24
Short Term Investments	0.61	-0.65	0.34	0.83	-0.58	0.86	0.78	-0.89	0.89	-0.15	0.83	0.65	0.51	-0.35	0.13	0.84	0.71	-0.42		0.68	-0.24	-0.1	0.32	0.09	-0.17	0.18
Non Current Liabilities Total	0.16	-0.91	0.01	0.45	-0.56	0.47	0.33	-0.7	0.51	-0.66	0.41	0.84	0.78	-0.76	-0.29	0.68	0.4	-0.56	0.68		-0.4	0.43	0.1	0.25	0.12	0.05
Capital Surpluse	-0.58	0.28	-0.46	-0.52	-0.06	-0.51	-0.24	0.34	-0.41	0.11	-0.17	-0.57	-0.59	0.17	-0.12	-0.41	-0.63	0.8	-0.24	-0.4		-0.25	-0.42	0.25	-0.31	-0.28
Inventory	-0.47	-0.47	-0.53	-0.27	0.1	-0.24	-0.58	0.03	-0.29	-0.34	-0.31	0.54	0.6	-0.66	-0.31	-0.08	-0.14	-0.17	-0.1	0.43	-0.25		0.01	0.61	0.14	-0.51
Other Current Assets	0.55	-0.02	0.19	0.55	0.37	0.54	0.21	-0.23	0.48	0.36	0.27	0.19	0.11	0.26	0.45	0.22	0.6	-0.05	0.32	0.1	-0.42	0.01		0.03	0.19	-0.07
Other Stockholder Equity	-0.41	-0.21	-0.83	-0.32	0.02	-0.29	-0.44	-0.19	-0.3	0.17	0.15	0.25	0.17	-0.49	0.03	0.13	-0.24	0.13	0.09	0.25	0.25	0.61	0.03		-0.43	-0.93
Total Liab	0.02	0.03	0.25	0.11	0.47	0.12	-0.22	0.42	0.03	-0.35	-0.5	-0.08	0.02	0.25	0.05	-0.34	0.29	0.0	-0.17	0.12	-0.31	0.14	0.19	-0.43		0.37
Long Term Investments	0.43	-0.11	0.88	0.45	-0.32	0.44	0.61	-0.08	0.49	-0.41	0.05	0.05	0.12	0.19	-0.19	0.12	0.3	-0.24	0.18	0.05	-0.28	-0.51	-0.07	-0.93	0.37

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Sterling Bancorp Account Relationship Matchups

Sterling Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.9B	2.9B	2.4B	2.4B	3.0B
Short Long Term Debt Total	314.0M	403.8M	234.7M	131.3M	62.5M	59.4M
Total Current Liabilities	2.8B	1.3B	714.5M	16.0M	801.0M	945.1M
Total Stockholder Equity	332.6M	319.6M	340.4M	312.6M	327.7M	310.4M
Other Liab	7.8M	9.7M	3.0M	809K	728.1K	691.7K
Net Tangible Assets	332.6M	319.6M	340.4M	312.6M	359.5M	304.2M
Property Plant And Equipment Net	27.9M	27.7M	25.6M	21.1M	16.9M	17.9M
Net Debt	235.2M	(601.7M)	(178.1M)	(249.5M)	(520.7M)	(494.6M)
Retained Earnings	238.3M	224.9M	245.0M	234.0M	242.0M	215.5M
Accounts Payable	102.8M	3.1B	2.3B	46.8M	42.1M	40.0M
Cash	78.8M	1.0B	412.9M	380.7M	578.0M	316.4M
Non Current Assets Total	12.1M	338.4M	342.2M	386.7M	1.8B	1.9B
Non Currrent Assets Other	85.6M	(24.3M)	(21.4M)	(8.1M)	1.4B	1.5B
Other Assets	2.9B	2.3B	2.1B	1.3B	(418.0M)	(397.1M)
Long Term Debt	65.2M	383.3M	215.3M	115.3M	50M	47.5M
Cash And Short Term Investments	231.4M	1.3B	412.9M	728.9M	997.2M	1.0B
Common Stock Shares Outstanding	49.9M	49.8M	50.1M	50.3M	50.8M	40.5M
Short Term Investments	152.5M	305.0M	313.9M	348.2M	419.2M	236.7M
Liabilities And Stockholders Equity	3.2B	3.9B	2.9B	2.4B	2.4B	3.0B
Non Current Liabilities Total	314.0M	403.8M	234.7M	2.1B	2.1B	2.2B
Capital Surpluse	12.7M	13.2M	13.5M	14.8M	13.3M	11.0M
Other Current Assets	39.0M	1.0B	420.6M	388.6M	591.7M	671.7M
Other Stockholder Equity	196K	13.5M	14.1M	14.8M	16.7M	13.9M
Total Liab	2.9B	403.8M	234.7M	2.1B	2.1B	1.5B
Long Term Investments	2.9B	305.0M	313.9M	348.2M	423.9M	574.3M
Total Current Assets	77.8M	1.3B	420.6M	736.8M	1.0B	846.8M
Accumulated Other Comprehensive Income	(15.7M)	387K	(897K)	(19.5M)	(15.2M)	(14.5M)
Intangible Assets	9.8M	5.7M	2.7M	1.8M	1.5M	1.5M
Common Stock	80.9M	80.8M	82.2M	83.3M	84.3M	83.8M
Property Plant Equipment	9.2M	27.7M	25.6M	6.3M	7.2M	13.2M
Other Current Liab	2.5B	1.3B	710.4M	2.0B	797.0M	1.2B
Long Term Debt Total	65.0M	65.2M	65.3M	65.3M	75.1M	68.8M
Net Receivables	13.7M	11.0M	7.7M	7.8M	8.5M	8.4M
Net Invested Capital	626.8M	702.9M	555.7M	446.1M	377.7M	466.1M

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