Sterling Bancorp Inc (NASDAQ:SBT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Sterling Bancorp Inc provides banking solutions, innovative loan products and outstanding personal service to individuals, professionals, businesses and commercial customers. Sterling Bancorp Inc has a market cap of $709.190 million; its shares were traded at around $13.39 . The dividend yield of Sterling Bancorp Inc stocks is 0.07%.
For the last quarter Sterling Bancorp Inc reported a revenue of $29.7 million, compared with the revenue of $24.82 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $113.9 million, an increase of 26.1% from last year.
The reported diluted earnings per share was 82 cents for the year. The Sterling Bancorp Inc had a decent operating margin of 61.85%, compared with the operating margin of 62.49% a year before. The 10-year historical median operating margin of Sterling Bancorp Inc is 59.79%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Sterling Bancorp Inc has the cash and cash equivalents of $40.1 million, compared with $22.1 million in the previous year. The long term debt was $402.9 million, compared with $357.5 million in the previous year. The interest coverage to the debt is 2.8, which is not a favorable level. Sterling Bancorp Inc has a financial strength rank of 3 (out of 10).
Directors and Officers Recent Trades:
President-Comm&Retail, CLO Michael A. Montemayor bought 2,000 shares of SBT stock on 03/22/2018 at the average price of $13.2. The price of the stock has increased by 1.44% since.
For the complete 20-year historical financial data of SBT, click here.