Sterling Bancorp

Overview

Sterling Bancorp (Sterling) is a financial holding company, which operates through its subsidiary, Sterling National Bank. It is engaged in providing services and solutions to business owners, families, and consumers within the communities. The company provides services such as commercial and residential mortgage lending, asset-based financing, and brokerage services, trade financing and equipment financing. In addition, it offers services such as residential mortgage warehouse funding, deposit services, personal and business banking services, and loans to small and medium-sized businesses. The company primarily operates in New York and New Jersey, in the US. Sterling is headquartered in Montebello, New York, the US.
Key Stats
Address
TWO BLUE HILL PLAZA, SECOND FLOOR, PEARL RIVER, New York
Headquarters

United States of America

Contact

1 845 3698040

No of Employees

1,460

Industry

Financial Services

Ticker Symbol & Exchange​

STL [NYSE]

Revenue (2020)

$1,150 m

-13.8% (2020 vs 2019)
Net Income (2020)

$226 m

-47.1% (2020 vs 2019)
Net Profit Margin

20 %

-38.7% (2020 vs 2019)
Market Cap *

$4,303 m

EPS *

$1.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Sterling BancorpJPMorgan Chase & CoCapital One Financial CorpKeyCorp
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City PEARL RIVER NEW YORK MC LEAN CLEVELAND
Headquarter State/Province New York New York Virginia Ohio
No. of Employees 1,460 260,110 52,000 17,157
Entity Type Public Public Public Public

Products & Services

Sterling is a provider of financial services. The key services of the bank include the following:

Services
  • Asset-Based Financing
  • Business and Consumer Lending
  • Commercial and Residential Mortgage Lending and Brokerage
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Luis Massiani Chief Operating Officer Senior Management 2021 - Mr. Luis Massiani serves as Chief Operating Officer at the company since 2021. Prior to this, he served as Senior...
Bea Ordonez Chief Financial Officer; Executive Vice President Senior Management 2021 - Ms. Bea Ordonez serves as Executive Vice President and Chief Financial Officer at the company since 2021. Prior to this,...
Javier L Evans Chief Human Resources Officer; Executive Vice President Senior Management 2017 58 Mr. Javier L Evans has been the Executive Vice President and Chief Human Resources Officer at Sterling since October 2017....
James P Blose Chief Legal Officer; Executive Vice President; General Counsel Senior Management 2015 51 Mr. James P Blose has been an Executive Vice President, General Counsel and Chief Legal Officer at Sterling since 2015....
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2021 Contracts/Agreements In February, the company's subsidiary, Sterling National Bank entered into a partnership with Goalsetter to…
2021 Contracts/Agreements In February, the company's subsidiary, Sterling National Bank, and Google entered into a partnership to…
2021 Contracts/Agreements In April, the company's subsidiary, Sterling National Bank signed an agreement with Rho Technologies to…
2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Advantage Funding Management Co., Inc.

Address

Suite M27, 1111 Marcus Avenue, Lake Success
United States of America

Telephone

1 866 3921300

Sterling Factors Corporation

Address

500 Fashion Ave #10A, New York City
United States of America

Telephone

1 - 2125754415

Website

www.snb.com
Sterling National Bank

Address

650 Fifth Avenue, New York
United States of America

Telephone

1 212 757 3300

Website

www.snb.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
19 May 2021 Finitive Raises Strategic Investment from Sterling Bancorp Equity Offering Sterling Bancorp Finitive Holdings Inc
19 Apr 2021 Sterling Bancorp to Merge with Webster Financial Merger Sterling Bancorp; Webster Financial Corp
28 Oct 2020 Sterling Bancorp Prices USD225 Million Offering of 3.875% Subordinated Notes Due 2030 Debt Offering Sterling Bancorp
12 Dec 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
07 Mar 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
07 Nov 2017 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

13

Active Jobs

0

Posted

0

Closed

Job Trends

Latest Jobs

Job title Company Country
Managing Director, Business Banking Sterling Bancorp United States
Client Service Associate 1 Sterling Bancorp Bahamas
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar