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Sterling Bancorp (STL) Financial, Regional Banks
Sterling Bancorp operates as the holding company for Sterling National Bank, which provides banking and related financial services and products to customers in the United States primarily in New York, New Jersey, and Connecticut. Its deposit products include checking accounts, money market accounts, negotiable order of withdrawal accounts, savings accounts, rent security accounts, retirement accounts, and certificates of deposit; and deposit services include account management and information, disbursement, reconciliation, collection and concentration, ACH, and others. The company also provides business and consumer lending, asset-based financing, depository, factoring/accounts receivable management services, equipment leasing, commercial and residential mortgage lending and brokerage, international trade financing, trust and estate administration, investment management, and investment services for commercial, industrial and financial companies, and government and non-profit entities. In addition, it offers financing and human resource business process outsourcing support services for the temporary staffing industry, which include back-office, computer, tax, and accounting services, as well as financing to independently-owned staffing companies. As of December 31, 2008, the company had 12 offices in New York; 9 offices in New York City, which include 6 branches and an international banking facility in Manhattan, and 3 branches in Queens; 2 branches in Nassau County, including 1 in Great Neck and 1 in Woodbury, New York; and 1 branch in Yonkers, New York. Sterling Bancorp was founded in 1929 and is based in New York, New York.
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Key Statistics
| Closing Price | 9.44 |
| Volume | 63816 |
| Volume Avg | 65590 |
| 52 Week High | 10.65 |
| 52 Week Low | 6.65 |
| PE | 18.92 |
| PE (group average) | 27 |
| EPS Year | 0.51 |
| EPS change Q/Q | -7.69% |
| EPS change Q/Q Yr ago | 20% |
| EPS change Q/Q next Q est | -20% |
| EPS change Y/Y | 45.45% |
| REV change Q/Q | -5.26% |
| REV change Q/Q Yr ago | -2.56% |
| EPS next Q est | 0.15 |
| EPS next Y est | 0.76 |
| Divident Annual | 0.36 |
| Dividend Yield | 3.81% |
