Sterling Historical Income Statement

SBT Stock  USD 4.86  0.03  0.62%   
Historical analysis of Sterling Bancorp income statement accounts such as Interest Expense of 36.6 M, Selling General Administrative of 29 M, Selling And Marketing Expenses of 53.5 M or Total Revenue of 80.6 M can show how well Sterling Bancorp performed in making a profits. Evaluating Sterling Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sterling Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Sterling Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sterling Bancorp is a good buy for the upcoming year.
  
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.

About Sterling Income Statement Analysis

Sterling Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sterling Bancorp shareholders. The income statement also shows Sterling investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Sterling Bancorp Income Statement Chart

At this time, Sterling Bancorp's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 135.1 M in 2024, whereas Interest Expense is likely to drop slightly above 36.6 M in 2024.

Total Revenue

Total revenue comprises all receipts Sterling Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 accounts from Sterling Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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.At this time, Sterling Bancorp's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 135.1 M in 2024, whereas Interest Expense is likely to drop slightly above 36.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income116.5M99.9M121.1M135.1M
Net Interest Income91.2M78.8M68.4M99.7M

Sterling Bancorp income statement Correlations

0.05-0.10.46-0.31-0.26-0.580.290.29-0.830.910.90.90.74-0.320.20.92-0.560.840.990.54
0.050.960.560.730.840.120.940.940.220.160.130.17-0.050.740.230.12-0.250.18-0.010.43
-0.10.960.460.890.810.240.890.890.340.02-0.040.03-0.190.840.31-0.01-0.10.07-0.160.33
0.460.560.460.190.38-0.430.70.7-0.20.420.630.420.080.270.130.44-0.290.480.350.98
-0.310.730.890.190.60.410.650.650.47-0.21-0.31-0.2-0.360.870.41-0.20.14-0.11-0.350.09
-0.260.840.810.380.60.410.70.70.36-0.12-0.14-0.11-0.230.820.11-0.28-0.26-0.24-0.310.21
-0.580.120.24-0.430.410.41-0.11-0.110.33-0.46-0.62-0.44-0.340.540.29-0.520.19-0.47-0.54-0.53
0.290.940.890.70.650.7-0.111.00.070.40.390.410.170.680.160.35-0.420.40.230.61
0.290.940.890.70.650.7-0.111.00.070.40.390.410.170.680.160.35-0.420.40.230.61
-0.830.220.34-0.20.470.360.330.070.07-0.74-0.69-0.74-0.60.48-0.45-0.720.45-0.62-0.83-0.29
0.910.160.020.42-0.21-0.12-0.460.40.4-0.740.931.00.9-0.160.090.94-0.790.890.920.46
0.90.13-0.040.63-0.31-0.14-0.620.390.39-0.690.930.930.79-0.23-0.030.92-0.680.890.880.69
0.90.170.030.42-0.2-0.11-0.440.410.41-0.741.00.930.91-0.150.090.94-0.790.90.920.46
0.74-0.05-0.190.08-0.36-0.23-0.340.170.17-0.60.90.790.91-0.25-0.20.81-0.810.760.810.12
-0.320.740.840.270.870.820.540.680.680.48-0.16-0.23-0.15-0.250.21-0.26-0.14-0.19-0.360.13
0.20.230.310.130.410.110.290.160.16-0.450.09-0.030.09-0.20.210.140.140.110.140.14
0.920.12-0.010.44-0.2-0.28-0.520.350.35-0.720.940.920.940.81-0.260.14-0.540.980.930.52
-0.56-0.25-0.1-0.290.14-0.260.19-0.42-0.420.45-0.79-0.68-0.79-0.81-0.140.14-0.54-0.48-0.6-0.24
0.840.180.070.48-0.11-0.24-0.470.40.4-0.620.890.890.90.76-0.190.110.98-0.480.840.55
0.99-0.01-0.160.35-0.35-0.31-0.540.230.23-0.830.920.880.920.81-0.360.140.93-0.60.840.43
0.540.430.330.980.090.21-0.530.610.61-0.290.460.690.460.120.130.140.52-0.240.550.43
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Sterling Bancorp Account Relationship Matchups

Sterling Bancorp income statement Accounts

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
Depreciation And Amortization2.1M1.6M1.8M1.5M1.3M1.3M
Interest Expense54.4M45.6M25.4M21.1M61.8M36.6M
Selling General Administrative31.2M32.4M30.2M34.7M18.9M29.0M
Selling And Marketing Expenses1.6M1.4M529K44.3M51.0M53.5M
Total Revenue132.4M110.1M95.6M80.1M76.3M80.6M
Gross Profit132.6M110.1M95.6M80.1M76.3M80.6M
Other Operating Expenses15.2M129.0M67.0M23.9M67.7M43.5M
Operating Income44.9M(18.9M)28.5M29.4M8.4M8.0M
Net Income From Continuing Ops29.2M(13.0M)20.1M4.0M(16.1M)(15.3M)
Ebit44.9M(18.9M)33.0M29.4M10.6M10.0M
Total Operating Expenses142M(129.0M)(67.0M)23.9M63.2M66.4M
Income Before Tax44.9M(18.9M)28.5M(7.6M)10.6M10.0M
Total Other Income Expense Net(436K)(1.6M)(8.3M)(28.5M)2.1M2.2M
Net Income Applicable To Common Shares29.2M(13.0M)20.1M(14.2M)(12.8M)(12.1M)
Net Income29.2M(13.0M)23.4M(14.2M)7.4M7.0M
Income Tax Expense15.6M(5.9M)8.4M6.6M3.1M3.0M
Reconciled Depreciation2.1M1.6M1.8M1.5M1.4M1.4M

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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.