Sterling Bancorp Inc (SBT) Files 10-K for the Fiscal Year Ended on December 31, 2018

Sterling Bancorp Inc (SBT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Sterling Bancorp Inc provides banking solutions, innovative loan products and outstanding personal service to the residential and commercial markets, as well as retail banking services. Sterling Bancorp Inc has a market cap of $557.680 million; its shares were traded at around $10.52 with a P/E ratio of 8.77 and P/S ratio of 4.14. The dividend yield of Sterling Bancorp Inc stocks is 0.37%.

For the last quarter Sterling Bancorp Inc reported a revenue of $36.7 million, compared with the revenue of $29.74 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $142.1 million, an increase of 24.8% from last year.

The reported diluted earnings per share was $1.2 for the year, an increase of 46.3% from previous year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Sterling Bancorp Inc has the cash and cash equivalents of $54.7 million, compared with $40.1 million in the previous year. The long term debt was $358.0 million, compared with $402.9 million in the previous year. Sterling Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $10.52, Sterling Bancorp Inc is traded at 22.9% discount to its historical median P/S valuation band of $13.64. The P/S ratio of the stock is 4.14, while the historical median P/S ratio is 5.35. The stock lost 23.79% during the past 12 months.

For the complete 20-year historical financial data of SBT, click here.