Sterling Bancorp (NASDAQ:SBT) Issues Earnings Results

Sterling Bancorp (NASDAQ:SBT) issued its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Sterling Bancorp had a net margin of 4.45% and a return on equity of 1.83%.

Sterling Bancorp Trading Down 0.9 %

Shares of NASDAQ:SBT traded down $0.05 on Friday, hitting $4.80. The company had a trading volume of 526 shares, compared to its average volume of 35,395. Sterling Bancorp has a 1-year low of $4.40 and a 1-year high of $5.97. The stock has a market cap of $250.83 million, a price-to-earnings ratio of 37.00 and a beta of 0.54. The stock has a 50 day moving average price of $4.78 and a 200 day moving average price of $5.02.

Sterling Bancorp Company Profile

Sterling Bancorp, Inc is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services.