Sterling Bancorp Inc. Stock News

Sterling Bancorp (SBT) delivered earnings and revenue surprises of 150% and 0.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sterling Bancorp (SBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SOUTHFIELD, Mich.--(BUSINESS WIRE)--SBT announce earning release date

Sterling Bancorp with ticker code (SBT) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 7.25 and 6.25 calculating the mean target price we have 6.83. Given that the stocks previous close was at 6.5 this indicates there is a potential upside of 5.1%. The day 50 moving average is 5.92 and the 200 day MA is 5.28. The market capitalisation for the company is $336m. You can visit the company''s website by visiting: https://www.sterlingbank.com [stock_market_widget type="chart" template="basic" color="green" assets=SBT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $353m based on the market concensus. Sterling Bancorp (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individuals and businesses. It offers checking, savings, and money market accounts, as well as IRAs and certificates of deposit; and one- to four-family residential, commercial, commercial real estate, construction, and consumer loans, as well as commercial lines of credit.

Sterling Bancorp found using ticker (SBT) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 7.25 and 6.25 calculating the mean target price we have 6.83. With the stocks previous close at 6.05 this now indicates there is a potential upside of 12.9%. The 50 day MA is 5.79 and the 200 day moving average is 5.21. The market cap for the company is $308m. Visit the company website at: https://www.sterlingbank.com [stock_market_widget type="chart" template="basic" color="green" assets=SBT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $348m based on the market concensus. Sterling Bancorp (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individuals and businesses. It offers checking, savings, and money market accounts, as well as IRAs and certificates of deposit; and one- to four-family residential, commercial, commercial real estate, construction, and consumer loans, as well as commercial lines of credit.

Sterling Bancorp found using ticker (STL) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 32 and 26 calculating the average target price we see 28. With the stocks previous close at 27.17 this indicates there is a potential upside of 3.1%. The 50 day moving average now sits at 26.5 and the 200 day MA is 25.06. The company has a market cap of $5,059m. Company Website: https://www.sterlingbancorp.com [stock_market_widget type="chart" template="basic" color="green" assets=STL" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,214m based on the market concensus. Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including interest and non-interest checking, savings, money market, time, and demand deposits, as well as certificates of deposit.

SBT earnings call for the period ending December 31, 2021.

Sterling Bancorp press release (SBT): Q4 GAAP EPS of $0.10.Revenue of $25.28M (-1.8% Y/Y).

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (the “Company”) (NASDAQ: SBT), the thrift holding company for Sterling Bank and Trust, F.S.B., Southfield, Michigan (the “Bank”), tod

Sterling Bancorp press release (STL): Q4 Non-GAAP EPS of $0.64 beats by $0.14.Revenue of $258.28M (+0.9% Y/Y) beats by $6.58M.

Sterling Bancorp (NYSE:STL) declares $0.07/share quarterly dividend, in line with previous.Forward yield 0.99%Payable Feb. 18; for shareholders of record Jan. 24; ex-div Jan.

Sterling Bancorp (STL) invests in JAM FINTOP Blockchain, a venture fund that will focus its investment on blockchain infrastructure providers. Shares of STL rise 1% in

Sterling Bancorp Inc (SBT) shares closed today at 1.8% below its 52 week high of $5.95, giving the company a market cap of $294M. The stock is currently up 1.6% year-to-date, up 13.2% over the past 12 months, and down 51.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 23.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -52.8% The company's stock price performance over the past 12 months lags the peer average by -33.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Sterling Bancorp found using ticker (SBT) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 7.25 and 5.75 with a mean TP of 6.5. With the stocks previous close at 5.54 this would imply there is a potential upside of 17.3%. The day 50 moving average is 5.32 and the 200 moving average now moves to 5.1. The company has a market cap of $274m. Find out more information at: https://www.sterlingbank.com [stock_market_widget type="chart" symbol="SBT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Sterling Bancorp (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individuals and businesses. It offers checking, savings, and money market accounts, as well as IRAs and certificates of deposit; and one- to four-family residential, commercial, commercial real estate, construction, and consumer loans, as well as commercial lines of credit.

TCI Wealth Advisors Inc. increased its holdings in Sterling Bancorp (NYSE:STL) by 8.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,056 shares of the financial services providers stock after buying an additional 600 shares during the period. TCI Wealth Advisors Inc.s holdings []