SBT Stock | | | USD 4.84 0.05 1.04% |
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 Retained Earnings and its Common Stock 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.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sterling Bancorp Retained Earnings account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sterling Bancorp's Retained Earnings and Common Stock is 0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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 Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sterling Bancorp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Sterling Bancorp's Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Common Stock
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.
Sterling Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Sterling Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sterling Bancorp fundamental ratios Accounts
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Additional Tools for Sterling Stock Analysis
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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.