Sterling Bancorp (NASDAQ:SBT - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. Sterling Bancorp had a net margin of 1.57% and a return on equity of 0.65%.
Sterling Bancorp Price Performance
Shares of NASDAQ SBT traded up $0.01 during trading on Monday, reaching $4.72. 17,014 shares of the stock traded hands, compared to its average volume of 35,545. The stock has a market capitalization of $246.90 million, a P/E ratio of 94.42 and a beta of 0.53. Sterling Bancorp has a 52-week low of $4.40 and a 52-week high of $5.97. The company has a 50-day moving average of $4.77 and a 200-day moving average of $5.01.
Sterling Bancorp Company Profile
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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.
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