GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sterling Bancorp (NYSE:STL) » Definitions » Selling, General, & Admin. Expense

Sterling Bancorp (Sterling Bancorp) Selling, General, & Admin. Expense : $280.5 Mil (TTM As of Sep. 2021)


View and export this data going back to 1999. Start your Free Trial

What is Sterling Bancorp Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Sterling Bancorp's selling, general, & admin. expense for the three months ended in Sep. 2021 was $69.8 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2021 was $280.5 Mil.


Sterling Bancorp Selling, General, & Admin. Expense Historical Data

The historical data trend for Sterling Bancorp's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sterling Bancorp Selling, General, & Admin. Expense Chart

Sterling Bancorp Annual Data
Trend Sep12 Sep13 Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.33 263.38 260.19 265.03 271.76

Sterling Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.95 70.56 69.08 69.82 71.08

Competitive Comparison of Sterling Bancorp's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Sterling Bancorp's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sterling Bancorp's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sterling Bancorp's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Sterling Bancorp's Selling, General, & Admin. Expense falls into.



Sterling Bancorp Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $280.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sterling Bancorp  (NYSE:STL) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Sterling Bancorp Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of Sterling Bancorp's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Sterling Bancorp (Sterling Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Two Blue Hill Plaza, Second Floor, Pearl River, New York, NY, USA, 10965
Sterling Bancorp is a financial and bank holding company that operates primarily through its wholly owned subsidiary, Sterling National Bank. Sterling National Bank is a full-service regional bank that primarily delivers products and services to small and middle market commercial businesses and affluent consumers. Those products and services include deposit, lending, and wealth management products. The bank's strategy emphasizes growth, efficiency, and relationship building with its niche target market. It primarily operates in the New York metropolitan and suburban markets. Nearly all of its loan portfolio is in commercial loans, a plurality of which is in commercial real estate, followed by traditional commercial and industrial loans.
Executives
James P Blose officer: General Counsel and CLO C/O 21 SCARSDALE ROAD, YONKERS NY 10707
Javier L. Evans officer: Chief Human Resource Officer 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Luis Massiani officer: EVP/CFO C/O PROVIDENT BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Jack L Kopnisky director, officer: President & CEO C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Thomas X Geisel officer: EVP, President of Specialty Le 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Marissa Weidner officer: Chief Human Resource Officer TWO BLUE HILL PLAZA SECOND FLOOR PEARL RIVER NY 10965
James J Landy director
Beatrice Ordonez officer: Executive Vice President TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Patricia M Nazemetz director XEROX CORPORATION, 800 LONG RIDGE ROAD, STAMFORD CT 06904
Richard L. O'toole director C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Robert Giambrone director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Maureen Mitchell director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Fernando Ferrer director 650 FIFTH AVENUE NEW YORK NY 10019
John P. Cahill director 612 EAST GRASSY SPRAIN ROAD, YONKERS NY 10710
Mona Aboelnaga director 400 RELLA BOULEVARD, MONTEBELLO NY 10901

Sterling Bancorp (Sterling Bancorp) Headlines