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Sterling Bancorp (SBT) Financials

Sterling Bancorp logo
$4.84 0.00 (0.00%)
As of 04/14/2025
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Annual Income Statements for Sterling Bancorp

Annual Income Statements for Sterling Bancorp

This table shows Sterling Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -14 7.41 2.14
Consolidated Net Income / (Loss)		 -14 7.41 2.14
Net Income / (Loss) Continuing Operations		 -14 7.41 2.14
Total Pre-Tax Income 		-7.57 11 4.25
Total Revenue		 80 68 58
Net Interest Income / (Expense)		 79 65 56
Total Interest Income		 100 127 135
Loans and Leases Interest Income		 87 87 82
Investment Securities Interest Income		 6.43 12 18
Deposits and Money Market Investments Interest Income		 6.13 28 35
Total Interest Expense		 21 62 79
Deposits Interest Expense		 15 57 78
Long-Term Debt Interest Expense		 4.97 3.73 0.00
Federal Funds Purchased and Securities Sold Interest Expense		 1.17 0.99 0.37
Total Non-Interest Income		 1.35 2.79 1.06
Other Service Charges		 1.02 0.58 0.53
Net Realized & Unrealized Capital Gains on Investments		 -0.43 1.88 0.20
Other Non-Interest Income		 0.75 0.33 0.33
Provision for Credit Losses		 -9.93 -8.53 -8.54
Total Non-Interest Expense		 98 66 62
Salaries and Employee Benefits		 34 36 34
Net Occupancy & Equipment Expense		 12 11 11
Other Operating Expenses		 52 18 17
Income Tax Expense		 6.63 3.15 2.11
Basic Earnings per Share		 ($0.28) $0.15 $0.04
Weighted Average Basic Shares Outstanding		 50.35M 50.63M 50.97M
Diluted Earnings per Share		 ($0.28) $0.15 $0.04
Weighted Average Diluted Shares Outstanding		 50.35M 50.78M 51.34M
Weighted Average Basic & Diluted Shares Outstanding		 50.83M 52.07M 52.30M

Quarterly Income Statements for Sterling Bancorp

This table shows Sterling Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 1.18 -18 -0.50 2.54 0.31 5.06 -0.20 1.32 -0.14 1.16
Consolidated Net Income / (Loss)		 1.18 -18 -0.50 2.54 0.31 5.06 -0.20 1.32 -0.14 1.16
Net Income / (Loss) Continuing Operations		 1.18 -18 -0.50 2.54 0.31 5.06 -0.20 1.32 -0.14 1.16
Total Pre-Tax Income 		1.92 -18 -0.56 3.66 0.62 6.85 -0.30 1.96 0.73 1.86
Total Revenue		 19 19 18 18 16 15 15 15 14 14
Net Interest Income / (Expense)		 20 19 18 16 16 15 15 14 14 14
Total Interest Income		 25 27 29 32 33 33 33 34 34 34
Loans and Leases Interest Income		 21 22 22 22 22 21 21 21 21 20
Investment Securities Interest Income		 1.95 2.29 2.46 2.67 3.13 3.80 4.02 4.76 4.99 3.97
Total Interest Expense		 5.31 8.76 12 15 17 18 18 19 21 20
Deposits Interest Expense		 3.72 6.92 9.81 13 16 18 18 19 21 20
Total Non-Interest Income		 -0.36 0.25 0.28 1.91 0.38 0.21 0.20 0.41 0.38 0.07
Other Service Charges		 0.12 0.08 0.10 0.08 0.33 0.08 0.09 0.30 0.07 0.07
Net Realized & Unrealized Capital Gains on Investments		 -0.57 0.08 0.10 1.75 -0.03 0.06 0.03 0.03 0.22 -0.08
Other Non-Interest Income		 0.09 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08
Provision for Credit Losses		 -4.36 -0.18 0.67 -2.90 -1.94 -4.36 0.04 -2.08 -2.34 -4.16
Total Non-Interest Expense		 22 37 18 17 18 13 15 15 16 16
Salaries and Employee Benefits		 9.34 8.99 9.41 9.27 8.75 8.50 8.46 8.20 8.54 8.39
Net Occupancy & Equipment Expense		 2.84 2.98 2.85 2.81 2.86 2.80 2.82 2.75 2.73 2.78
Other Operating Expenses		 9.45 25 5.58 5.26 6.09 1.53 4.12 3.98 4.34 4.73
Income Tax Expense		 0.74 0.27 -0.05 1.12 0.30 1.78 -0.10 0.65 0.87 0.70
Basic Earnings per Share		 $0.02 ($0.36) ($0.01) $0.05 $0.01 $0.10 $0.00 $0.03 $0.00 $0.01
Weighted Average Basic Shares Outstanding		 50.40M 50.35M 50.44M 50.67M 50.70M 50.63M 50.84M 50.92M 51.06M 50.97M
Diluted Earnings per Share		 $0.02 ($0.36) ($0.01) $0.05 $0.01 $0.10 $0.00 $0.03 $0.00 $0.01
Weighted Average Diluted Shares Outstanding		 50.57M 50.35M 50.44M 50.78M 51.07M 50.78M 50.84M 51.35M 51.06M 51.34M
Weighted Average Basic & Diluted Shares Outstanding		 50.80M 50.83M 50.79M 52.08M 52.07M 52.07M 52.03M 52.33M 52.31M 52.30M

Annual Cash Flow Statements for Sterling Bancorp

This table details how cash moves in and out of Sterling Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents		 -32 198 300
Net Cash From Operating Activities		 2.34 -25 -2.12
Net Cash From Continuing Operating Activities		 2.34 -25 -2.12
Net Income / (Loss) Continuing Operations		 -14 7.41 2.14
Consolidated Net Income / (Loss)		 -14 7.41 2.14
Provision For Loan Losses		 7.67 -8.59 -8.79
Depreciation Expense		 1.54 1.33 1.03
Amortization Expense		 0.94 0.25 0.26
Non-Cash Adjustments to Reconcile Net Income		 5.69 -2.40 -0.31
Changes in Operating Assets and Liabilities, net		 0.70 -23 3.55
Net Cash From Investing Activities		 374 238 286
Net Cash From Continuing Investing Activities		 374 238 286
Purchase of Property, Leasehold Improvements and Equipment		 -0.42 -0.47 -0.09
Purchase of Investment Securities		 -155 -158 -220
Sale of Property, Leasehold Improvements and Equipment		 0.00 0.05 0.00
Sale and/or Maturity of Investments		 193 124 312
Other Investing Activities, net		 336 273 194
Net Cash From Financing Activities		 -408 -15 16
Net Cash From Continuing Financing Activities		 -408 -15 16
Net Change in Deposits		 -308 50 67
Issuance of Debt		 35 0.00 0.00
Repayment of Debt		 -135 -65 -50
Other Financing Activities, Net		 -0.22 -0.25 -0.84
Cash Interest Paid		 20 62 79
Cash Income Taxes Paid		 2.28 0.30 0.41

Quarterly Cash Flow Statements for Sterling Bancorp

This table details how cash moves in and out of Sterling Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 67 27 39 236 -92 14 68 -46 111 168
Net Cash From Operating Activities		 1.88 -5.19 -3.47 3.99 -25 -0.55 -3.88 3.20 2.70 -4.15
Net Cash From Continuing Operating Activities		 1.88 -5.19 -3.47 3.99 -25 -0.55 -3.88 3.20 2.70 -4.15
Net Income / (Loss) Continuing Operations		 1.18 -18 -0.50 2.54 0.31 5.06 -0.20 1.32 -0.14 1.16
Consolidated Net Income / (Loss)		 1.18 -18 -0.50 2.54 0.31 5.06 -0.20 1.32 -0.14 1.16
Provision For Loan Losses		 -4.50 18 0.67 -2.90 -1.94 -4.42 0.04 -2.08 -2.34 -4.42
Depreciation Expense		 0.38 0.38 0.35 0.34 0.34 0.30 0.28 0.26 0.25 0.24
Amortization Expense		 0.31 0.39 -0.40 0.54 0.03 0.09 -1.07 1.22 0.05 0.06
Non-Cash Adjustments to Reconcile Net Income		 0.59 0.46 0.62 -2.54 -0.11 -0.36 0.79 -1.28 -0.33 0.51
Changes in Operating Assets and Liabilities, net		 3.94 -6.08 -4.21 6.02 -24 -1.22 -3.71 3.76 5.20 -1.70
Net Cash From Investing Activities		 119 30 75 113 -1.05 52 70 -6.82 54 168
Net Cash From Continuing Investing Activities		 119 30 75 113 -1.05 52 70 -6.82 54 168
Purchase of Property, Leasehold Improvements and Equipment		 -0.11 -0.10 -0.19 -0.06 -0.07 -0.15 -0.06 -0.01 - -0.01
Purchase of Investment Securities		 -39 -7.65 -2.98 0.15 -103 -52 -82 -108 -30 -0.05
Sale and/or Maturity of Investments		 81 15 8.35 46 33 36 107 62 44 100
Other Investing Activities, net		 77 22 70 66 69 68 46 39 40 68
Net Cash From Financing Activities		 -53 3.01 -32 120 -66 -37 1.65 -43 53 3.69
Net Cash From Continuing Financing Activities		 -53 3.01 -32 120 -66 -37 1.65 -43 53 3.69
Net Change in Deposits		 -53 3.02 -32 120 -0.83 -37 1.87 7.61 54 3.70
Other Financing Activities, Net		 -0.01 -0.01 -0.08 -0.16 -0.00 -0.01 -0.22 -0.38 -0.23 -0.01
Cash Interest Paid		 4.75 7.96 11 15 18 17 18 20 21 20
Cash Income Taxes Paid		 1.32 0.50 0.03 0.28 - - 0.00 - - 0.41

Annual Balance Sheets for Sterling Bancorp

This table presents Sterling Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets		 2,445 2,416 2,437
Cash and Due from Banks		 380 578 878
Interest Bearing Deposits at Other Banks		 0.93 5.23 0.00
Trading Account Securities		 356 424 343
Loans and Leases, Net of Allowance		 0.00 0.00 0.00
Premises and Equipment, Net		 6.30 5.43 4.48
Other Assets		 1,702 1,403 1,211
Total Liabilities & Shareholders' Equity		 2,445 2,416 2,437
Total Liabilities		 2,132 2,088 2,103
Non-Interest Bearing Deposits		 53 35 38
Interest Bearing Deposits		 1,901 1,969 2,033
Long-Term Debt		 115 50 0.00
Other Long-Term Liabilities		 63 34 32
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 313 328 334
Total Preferred & Common Equity		 313 328 334
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 313 328 334
Common Stock		 98 101 103
Retained Earnings		 234 242 244
Accumulated Other Comprehensive Income / (Loss)		 -20 -15 -14

Quarterly Balance Sheets for Sterling Bancorp

This table presents Sterling Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets		 2,448 2,412 2,532 2,447 2,415 2,375 2,439
Cash and Due from Banks		 352 419 655 564 646 600 710
Interest Bearing Deposits at Other Banks		 1.18 0.93 0.93 1.17 5.23 5.23 4.98
Trading Account Securities		 362 385 339 403 400 447 441
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 6.59 6.14 5.85 5.58 5.21 4.96 4.71
Other Assets		 88 85 79 1,472 1,358 1,318 1,277
Total Liabilities & Shareholders' Equity		 2,448 2,412 2,532 2,447 2,415 2,375 2,439
Total Liabilities		 2,118 2,096 2,214 2,131 2,087 2,046 2,104
Non-Interest Bearing Deposits		 70 46 45 41 33 32 31
Interest Bearing Deposits		 1,881 1,875 1,997 2,000 1,973 1,981 2,036
Long-Term Debt		 115 115 115 50 50 0.00 0.00
Other Long-Term Liabilities		 52 59 58 40 31 32 37
Total Equity & Noncontrolling Interests		 330 316 318 316 327 329 335
Total Preferred & Common Equity		 330 316 318 316 327 329 335
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 - 0.00
Total Common Equity		 330 316 318 316 327 329 335
Common Stock		 98 98 99 100 101 102 103
Retained Earnings		 252 234 237 237 242 243 243
Accumulated Other Comprehensive Income / (Loss)		 -21 -17 -18 -21 -16 -16 -11

Annual Metrics and Ratios for Sterling Bancorp

This table displays calculated financial ratios and metrics derived from Sterling Bancorp's official financial filings.

Metric 2022 2023 2024
Growth Metrics		 - - -
Revenue Growth		 -17.36% -15.48% -15.08%
EBITDA Growth		 -112.63% 338.84% -54.36%
EBIT Growth		 -122.90% 239.62% -59.76%
NOPAT Growth		 -122.64% 239.99% -71.16%
Net Income Growth		 -160.68% 152.23% -71.16%
EPS Growth		 -159.57% 153.57% -73.33%
Operating Cash Flow Growth		 -92.40% -1,165.44% 91.48%
Free Cash Flow Firm Growth		 -24.84% -54.21% -20.30%
Invested Capital Growth		 -23.45% -11.73% -11.59%
Revenue Q/Q Growth		 -7.52% -4.85% -2.92%
EBITDA Q/Q Growth		 -119.93% 191.16% -27.81%
EBIT Q/Q Growth		 -134.18% 173.12% -53.97%
NOPAT Q/Q Growth		 -143.07% 173.31% -64.60%
Net Income Q/Q Growth		 -215.45% 146.09% -64.60%
EPS Q/Q Growth		 -216.67% 148.39% -69.23%
Operating Cash Flow Q/Q Growth		 2.27% 15.72% -243.67%
Free Cash Flow Firm Q/Q Growth		 -54.48% -16.15% 22.29%
Invested Capital Q/Q Growth		 -3.82% 3.17% -0.19%
Profitability Metrics		 - - -
EBITDA Margin		 -6.34% 17.93% 9.64%
EBIT Margin		 -9.44% 15.59% 7.39%
Profit (Net Income) Margin		 -17.71% 10.94% 3.72%
Tax Burden Percent		 187.63% 70.19% 50.31%
Interest Burden Percent		 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 29.81% 49.69%
Return on Invested Capital (ROIC)		 -1.07% 1.84% 0.60%
ROIC Less NNEP Spread (ROIC-NNEP)		 -6.46% 1.84% 0.60%
Return on Net Nonoperating Assets (RNNOA)		 -3.25% 0.48% 0.05%
Return on Equity (ROE)		 -4.33% 2.32% 0.65%
Cash Return on Invested Capital (CROIC)		 25.49% 14.30% 12.90%
Operating Return on Assets (OROA)		 -0.28% 0.43% 0.18%
Return on Assets (ROA)		 -0.53% 0.31% 0.09%
Return on Common Equity (ROCE)		 -4.33% 2.32% 0.65%
Return on Equity Simple (ROE_SIMPLE)		 -4.54% 2.26% 0.64%
Net Operating Profit after Tax (NOPAT)		 -5.30 7.41 2.14
NOPAT Margin		 -6.61% 10.94% 3.72%
Net Nonoperating Expense Percent (NNEP)		 5.38% 0.00% 0.00%
SG&A Expenses to Revenue		 56.42% 69.74% 77.63%
Operating Expenses to Revenue		 121.83% 97.00% 107.45%
Earnings before Interest and Taxes (EBIT)		 -7.57 11 4.25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -5.09 12 5.54
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.99 0.92 0.75
Price to Tangible Book Value (P/TBV)		 0.99 0.92 0.75
Price to Revenue (P/Rev)		 3.86 4.44 4.33
Price to Earnings (P/E)		 0.00 40.53 116.47
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 2.47% 0.86%
Enterprise Value to Invested Capital (EV/IC)		 0.10 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.55 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 18.78 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.35 0.00 0.00
Leverage & Solvency		 - - -
Debt to Equity		 0.37 0.15 0.00
Long-Term Debt to Equity		 0.37 0.15 0.00
Financial Leverage		 0.50 0.26 0.08
Leverage Ratio		 8.11 7.59 7.33
Compound Leverage Factor		 8.11 7.59 7.33
Debt to Total Capital		 26.94% 13.24% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 26.94% 13.24% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 73.06% 86.76% 100.00%
Debt to EBITDA		 -22.67 4.12 0.00
Net Debt to EBITDA		 52.20 -43.90 0.00
Long-Term Debt to EBITDA		 -22.67 4.12 0.00
Debt to NOPAT		 -21.77 6.74 0.00
Net Debt to NOPAT		 50.13 -71.93 0.00
Long-Term Debt to NOPAT		 -21.77 6.74 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00%
Liquidity Ratios		 - - -
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 126 58 46
Operating Cash Flow to CapEx		 555.34% -5,847.42% -2,411.36%
Free Cash Flow to Firm to Interest Expense		 5.95 0.93 0.58
Operating Cash Flow to Interest Expense		 0.11 -0.40 -0.03
Operating Cash Flow Less CapEx to Interest Expense		 0.09 -0.41 -0.03
Efficiency Ratios		 - - -
Asset Turnover		 0.03 0.03 0.02
Fixed Asset Turnover		 11.68 11.55 11.61
Capital & Investment Metrics		 - - -
Invested Capital		 428 378 334
Invested Capital Turnover		 0.16 0.17 0.16
Increase / (Decrease) in Invested Capital		 -131 -50 -44
Enterprise Value (EV)		 44 -233 -629
Market Capitalization		 309 300 249
Book Value per Share		 $6.15 $6.29 $6.38
Tangible Book Value per Share		 $6.15 $6.29 $6.38
Total Capital		 428 378 334
Total Debt		 115 50 0.00
Total Long-Term Debt		 115 50 0.00
Net Debt		 -265 -533 -878
Capital Expenditures (CapEx)		 0.42 0.43 0.09
Net Nonoperating Expense (NNE)		 8.90 0.00 0.00
Net Nonoperating Obligations (NNO)		 115 50 0.00
Total Depreciation and Amortization (D&A)		 2.48 1.58 1.29
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 ($0.28) $0.15 $0.04
Adjusted Weighted Average Basic Shares Outstanding		 50.35M 50.63M 50.97M
Adjusted Diluted Earnings per Share		 ($0.28) $0.15 $0.04
Adjusted Weighted Average Diluted Shares Outstanding		 50.35M 50.78M 51.34M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 50.83M 52.07M 52.30M
Normalized Net Operating Profit after Tax (NOPAT)		 -5.30 7.41 2.14
Normalized NOPAT Margin		 -6.61% 10.94% 3.72%
Pre Tax Income Margin		 -9.44% 15.59% 7.39%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 -0.36 0.17 0.05
NOPAT to Interest Expense		 -0.25 0.12 0.03
EBIT Less CapEx to Interest Expense		 -0.38 0.16 0.05
NOPAT Less CapEx to Interest Expense		 -0.27 0.11 0.03
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for Sterling Bancorp

This table displays calculated financial ratios and metrics derived from Sterling Bancorp's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -22.32% -25.76% -20.85% -7.28% -14.62% -18.39% -15.71% -18.17% -14.54% -11.28%
EBITDA Growth		 -81.99% -231.67% -107.69% 146.90% -62.24% 141.59% -80.99% -24.02% 5.09% -70.13%
EBIT Growth		 -85.49% -257.42% -107.38% 223.54% -67.78% 137.69% 46.14% -46.31% 17.31% -72.80%
NOPAT Growth		 -87.69% -257.81% -107.41% 215.57% -73.30% 139.82% 46.14% -48.17% -145.54% -77.05%
Net Income Growth		 -87.69% -328.81% -109.56% 215.57% -73.30% 127.47% 60.84% -48.17% -145.54% -77.05%
EPS Growth		 -89.47% -325.00% -110.00% 225.00% -50.00% 127.78% 100.00% -40.00% -100.00% -90.00%
Operating Cash Flow Growth		 -88.55% 0.99% -389.90% -10.25% -1,420.81% 89.49% -11.63% -19.91% 110.86% -659.16%
Free Cash Flow Firm Growth		 1,659.15% -22.14% -18.36% -92.13% -70.17% -53.33% -57.57% 419.79% -60.37% -18.68%
Invested Capital Growth		 -37.24% -23.45% -22.63% -3.93% -17.71% -11.73% -12.42% -24.03% -8.60% -11.59%
Revenue Q/Q Growth		 -1.71% -2.15% -4.34% 0.79% -9.49% -6.47% -1.21% -2.15% -5.47% -2.91%
EBITDA Q/Q Growth		 41.78% -768.19% 96.68% 849.26% -78.31% 635.91% -117.79% 414.52% -70.01% 109.20%
EBIT Q/Q Growth		 69.73% -1,046.92% 96.93% 756.37% -83.10% 1,007.61% -104.38% 754.33% -63.07% 156.83%
NOPAT Q/Q Growth		 153.53% -1,181.07% 96.93% 751.19% -87.63% 1,512.42% -104.15% 726.67% -110.87% 912.59%
Net Income Q/Q Growth		 153.53% -1,667.43% 97.27% 604.77% -87.63% 1,512.42% -103.89% 768.02% -110.87% 912.59%
EPS Q/Q Growth		 150.00% -1,900.00% 97.22% 600.00% -80.00% 900.00% -100.00% 0.00% -100.00% 0.00%
Operating Cash Flow Q/Q Growth		 -57.65% -375.64% 33.12% 214.97% -723.19% 97.81% -610.07% 182.49% -15.51% -253.40%
Free Cash Flow Firm Q/Q Growth		 2.96% -55.37% 6.10% -83.86% 290.26% -30.17% -3.53% 97.71% -70.24% 43.29%
Invested Capital Q/Q Growth		 -1.28% -3.82% 0.67% 0.50% -15.43% 3.17% -0.12% -12.83% 1.75% -0.19%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 13.57% -92.67% -3.37% 25.05% 6.00% 47.23% -7.24% 23.26% 7.38% 15.90%
EBIT Margin		 10.00% -96.77% -3.10% 20.20% 3.77% 44.69% -1.98% 13.26% 5.18% 13.70%
Profit (Net Income) Margin		 6.13% -98.21% -2.80% 14.03% 1.92% 33.05% -1.30% 8.89% -1.02% 8.55%
Tax Burden Percent		 61.31% 101.49% 90.31% 69.45% 50.81% 73.97% 65.67% 67.04% -19.72% 62.41%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 38.69% 0.00% 0.00% 30.55% 49.19% 26.03% 0.00% 32.96% 119.72% 37.59%
Return on Invested Capital (ROIC)		 0.92% -11.00% -0.33% 2.35% 0.34% 5.56% -0.22% 1.44% -0.17% 1.38%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.92% -14.46% -0.40% 2.35% 0.34% 5.56% -0.21% 1.44% -0.17% 1.38%
Return on Net Nonoperating Assets (RNNOA)		 0.67% -7.29% -0.20% 0.83% 0.09% 1.43% -0.05% 0.26% -0.01% 0.10%
Return on Equity (ROE)		 1.60% -18.29% -0.53% 3.18% 0.42% 6.99% -0.28% 1.69% -0.19% 1.49%
Cash Return on Invested Capital (CROIC)		 47.90% 25.49% 23.29% 1.93% 16.94% 14.30% 15.15% 29.02% 10.71% 12.90%
Operating Return on Assets (OROA)		 0.31% -2.91% -0.09% 0.59% 0.11% 1.25% -0.05% 0.33% 0.13% 0.32%
Return on Assets (ROA)		 0.19% -2.96% -0.08% 0.41% 0.06% 0.92% -0.04% 0.22% -0.02% 0.20%
Return on Common Equity (ROCE)		 1.60% -18.29% -0.53% 3.18% 0.42% 6.99% -0.28% 1.69% -0.19% 1.49%
Return on Equity Simple (ROE_SIMPLE)		 3.73% 0.00% -6.33% -4.79% -5.09% 0.00% 2.36% 1.98% 1.80% 0.00%
Net Operating Profit after Tax (NOPAT)		 1.18 -13 -0.39 2.54 0.31 5.06 -0.21 1.32 -0.14 1.16
NOPAT Margin		 6.13% -67.74% -2.17% 14.03% 1.92% 33.05% -1.39% 8.89% -1.02% 8.55%
Net Nonoperating Expense Percent (NNEP)		 0.00% 3.46% 0.07% 0.00% 0.00% 0.00% -0.02% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 63.46% 63.76% 68.29% 66.75% 70.88% 73.77% 74.52% 73.90% 80.55% 82.13%
Operating Expenses to Revenue		 112.72% 197.72% 99.35% 95.83% 108.08% 83.76% 101.71% 100.78% 111.52% 116.91%
Earnings before Interest and Taxes (EBIT)		 1.92 -18 -0.56 3.66 0.62 6.85 -0.30 1.96 0.73 1.86
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 2.60 -17 -0.61 4.53 0.98 7.23 -1.10 3.44 1.03 2.16
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.93 0.99 0.91 0.87 0.96 0.92 0.82 0.83 0.71 0.75
Price to Tangible Book Value (P/TBV)		 0.93 0.99 0.91 0.87 0.96 0.92 0.82 0.83 0.71 0.75
Price to Revenue (P/Rev)		 3.54 3.86 3.82 3.75 4.27 4.44 4.14 4.41 4.02 4.33
Price to Earnings (P/E)		 24.92 0.00 0.00 0.00 0.00 40.53 34.81 41.89 39.43 116.47
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 4.01% 0.00% 0.00% 0.00% 0.00% 2.47% 2.87% 2.39% 2.54% 0.86%
Enterprise Value to Invested Capital (EV/IC)		 0.15 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.79 0.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 2.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 3.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 5.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 29.80 18.78 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.25 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.35 0.37 0.37 0.36 0.16 0.15 0.15 0.00 0.00 0.00
Long-Term Debt to Equity		 0.35 0.37 0.37 0.36 0.16 0.15 0.15 0.00 0.00 0.00
Financial Leverage		 0.73 0.50 0.50 0.35 0.26 0.26 0.26 0.18 0.08 0.08
Leverage Ratio		 8.39 8.11 7.95 7.71 7.58 7.59 7.51 7.59 7.51 7.33
Compound Leverage Factor		 8.39 8.11 7.95 7.71 7.58 7.59 7.51 7.59 7.51 7.33
Debt to Total Capital		 25.91% 26.94% 26.76% 26.62% 13.66% 13.24% 13.25% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 25.91% 26.94% 26.76% 26.62% 13.66% 13.24% 13.25% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 74.09% 73.06% 73.24% 73.38% 86.34% 86.76% 86.75% 100.00% 100.00% 100.00%
Debt to EBITDA		 4.52 -22.67 -8.00 -9.85 -3.75 4.12 5.74 0.00 0.00 0.00
Net Debt to EBITDA		 -9.34 52.20 21.17 46.24 38.64 -43.90 -68.99 0.00 0.00 0.00
Long-Term Debt to EBITDA		 4.52 -22.67 -8.00 -9.85 -3.75 4.12 5.74 0.00 0.00 0.00
Debt to NOPAT		 9.38 -21.77 -10.51 -12.52 -4.94 6.74 6.48 0.00 0.00 0.00
Net Debt to NOPAT		 -19.38 50.13 27.79 58.80 50.91 -71.93 -77.91 0.00 0.00 0.00
Long-Term Debt to NOPAT		 9.38 -21.77 -10.51 -12.52 -4.94 6.74 6.48 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 265 118 126 20 79 55 53 105 31 45
Operating Cash Flow to CapEx		 1,682.14% -5,466.32% -1,827.89% 6,239.06% -34,561.11% -373.97% -6,153.97% 22,842.86% 0.00% -37,681.82%
Free Cash Flow to Firm to Interest Expense		 49.98 13.51 10.69 1.32 4.69 3.10 2.90 5.41 1.51 2.23
Operating Cash Flow to Interest Expense		 0.36 -0.59 -0.30 0.26 -1.47 -0.03 -0.21 0.16 0.13 -0.21
Operating Cash Flow Less CapEx to Interest Expense		 0.33 -0.60 -0.31 0.26 -1.48 -0.04 -0.21 0.16 0.13 -0.21
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.02 0.02
Fixed Asset Turnover		 11.17 11.68 11.36 11.66 11.70 11.55 11.45 11.40 11.51 11.61
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 445 428 431 433 366 378 377 329 335 334
Invested Capital Turnover		 0.15 0.16 0.15 0.17 0.18 0.17 0.16 0.16 0.17 0.16
Increase / (Decrease) in Invested Capital		 -264 -131 -126 -18 -79 -50 -53 -104 -31 -44
Enterprise Value (EV)		 68 44 -17 -263 -211 -233 -333 -333 -477 -629
Market Capitalization		 306 309 288 278 304 300 269 272 238 249
Book Value per Share		 $6.49 $6.15 $6.21 $6.25 $6.07 $6.29 $6.29 $6.32 $6.39 $6.38
Tangible Book Value per Share		 $6.49 $6.15 $6.21 $6.25 $6.07 $6.29 $6.29 $6.32 $6.39 $6.38
Total Capital		 445 428 431 433 366 378 377 329 335 334
Total Debt		 115 115 115 115 50 50 50 0.00 0.00 0.00
Total Long-Term Debt		 115 115 115 115 50 50 50 0.00 0.00 0.00
Net Debt		 -238 -265 -305 -541 -515 -533 -601 -605 -715 -878
Capital Expenditures (CapEx)		 0.11 0.10 0.19 0.06 0.07 0.15 0.06 0.01 0.00 0.01
Net Nonoperating Expense (NNE)		 0.00 5.72 0.11 0.00 0.00 0.00 -0.01 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 115 115 115 115 50 50 50 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 0.69 0.77 -0.05 0.88 0.37 0.39 -0.80 1.48 0.31 0.30
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.02 ($0.36) ($0.01) $0.05 $0.01 $0.10 $0.00 $0.03 $0.00 $0.01
Adjusted Weighted Average Basic Shares Outstanding		 50.40M 50.35M 50.44M 50.67M 50.70M 50.63M 50.84M 50.92M 51.06M 50.97M
Adjusted Diluted Earnings per Share		 $0.02 ($0.36) ($0.01) $0.05 $0.01 $0.10 $0.00 $0.03 $0.00 $0.01
Adjusted Weighted Average Diluted Shares Outstanding		 50.57M 50.35M 50.44M 50.78M 51.07M 50.78M 50.84M 51.35M 51.06M 51.34M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 50.80M 50.83M 50.79M 52.08M 52.07M 52.07M 52.03M 52.33M 52.31M 52.30M
Normalized Net Operating Profit after Tax (NOPAT)		 1.18 -13 -0.39 2.54 0.31 5.06 -0.21 1.32 0.51 1.16
Normalized NOPAT Margin		 6.13% -67.74% -2.17% 14.03% 1.92% 33.05% -1.39% 8.89% 3.63% 8.55%
Pre Tax Income Margin		 10.00% -96.77% -3.10% 20.20% 3.77% 44.69% -1.98% 13.26% 5.18% 13.70%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.36 -2.07 -0.05 0.24 0.04 0.38 -0.02 0.10 0.04 0.09
NOPAT to Interest Expense		 0.22 -1.45 -0.03 0.17 0.02 0.28 -0.01 0.07 -0.01 0.06
EBIT Less CapEx to Interest Expense		 0.34 -2.08 -0.06 0.23 0.03 0.38 -0.02 0.10 0.04 0.09
NOPAT Less CapEx to Interest Expense		 0.20 -1.46 -0.05 0.16 0.01 0.28 -0.01 0.07 -0.01 0.06
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Sterling Bancorp's Financials

When does Sterling Bancorp's fiscal year end?

According to the most recent income statement we have on file, Sterling Bancorp's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Sterling Bancorp's net income changed over the last 2 years?

Sterling Bancorp's net income appears to be on a downward trend, with a most recent value of $2.14 million in 2024, falling from -$14.19 million in 2022. The previous period was $7.41 million in 2023.

How has Sterling Bancorp revenue changed over the last 2 years?

Over the last 2 years, Sterling Bancorp's total revenue changed from $80.15 million in 2022 to $57.53 million in 2024, a change of -28.2%.

How much debt does Sterling Bancorp have?

Sterling Bancorp's total liabilities were at $2.10 billion at the end of 2024, a 0.7% increase from 2023, and a 1.4% decrease since 2022.

How much cash does Sterling Bancorp have?

In the past 2 years, Sterling Bancorp's cash and equivalents has ranged from $379.80 million in 2022 to $878.18 million in 2024, and is currently $878.18 million as of their latest financial filing in 2024.

How has Sterling Bancorp's book value per share changed over the last 2 years?

Over the last 2 years, Sterling Bancorp's book value per share changed from 6.15 in 2022 to 6.38 in 2024, a change of 3.7%.


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This page (NASDAQ:SBT) was last updated on 4/18/2025 by MarketBeat.com Staff
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