Sterling Bancorp (NASDAQ:SBT – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share for the quarter, Zacks reports. The firm had revenue of $34.28 million during the quarter. Sterling Bancorp had a return on equity of 2.40% and a net margin of 5.79%.
Sterling Bancorp Price Performance
Sterling Bancorp stock traded up $0.03 during mid-day trading on Thursday, hitting $5.82. 36,818 shares of the company were exchanged, compared to its average volume of 36,257. The company has a market capitalization of $302.81 million, a P/E ratio of 36.38 and a beta of 0.54. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.97 and a quick ratio of 0.97. Sterling Bancorp has a 12-month low of $4.55 and a 12-month high of $6.26. The business’s 50 day simple moving average is $5.15 and its two-hundred day simple moving average is $5.11.
About Sterling Bancorp
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