Sterling Bancorp Inc reports results for the quarter ended in March - Earnings Summary

STERLING BANCORP

02/05/2022 14:31

* Sterling Bancorp Inc  SBT.OQ  reported quarterly adjusted
earnings of 10 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue fell 4.2% to $22.68 million from a year ago; 
analysts
expected $23.28 million. 
    * Sterling Bancorp Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sterling Bancorp Inc shares had fallen by 3.8% this
quarter and
gained 18.8% so far this year.
    * The company reported quarterly net income of $5.26
million.
    * Wall Street's median 12-month price target for Sterling
Bancorp
Inc is $7.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 2 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated