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Sterling Bancorp (Sterling Bancorp) Equity-to-Asset : 0.14 (As of Dec. 2023)


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What is Sterling Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sterling Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $327.72 Mil. Sterling Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,416.00 Mil. Therefore, Sterling Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

The historical rank and industry rank for Sterling Bancorp's Equity-to-Asset or its related term are showing as below:

SBT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.14
Current: 0.14

During the past 9 years, the highest Equity to Asset Ratio of Sterling Bancorp was 0.14. The lowest was 0.08. And the median was 0.10.

SBT's Equity-to-Asset is ranked better than
84.24% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs SBT: 0.14

Sterling Bancorp Equity-to-Asset Historical Data

The historical data trend for Sterling Bancorp's Equity-to-Asset 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 Equity-to-Asset Chart

Sterling Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.10 0.08 0.12 0.13 0.14

Sterling Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.13 0.13 0.13 0.13 0.14

Competitive Comparison of Sterling Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, Sterling Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sterling Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sterling Bancorp's Equity-to-Asset falls into.



Sterling Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Sterling Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=327.723/2416.003
=0.14

Sterling Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=327.723/2416.003
=0.14

* 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  (NAS:SBT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Sterling Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Sterling Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Sterling Bancorp (Sterling Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
One Towne Square, Suite 1900, Southfield, MI, USA, 48076
Sterling Bancorp Inc is a unitary savings and loan holding company. Its primary business is the operation of its wholly-owned subsidiary, Sterling Bank, through which it offers a range of loan products to the residential and commercial markets, as well as retail banking services. The products and services offered by the bank include saving and current accounts, demand and term deposits, payment cards, trade finance, fund transfer, treasury and cash management. It provides services such as construction loans, residential real estate, commercial real estate, commercial lines of credit and other consumer loans.
Executives
Elizabeth M. Keogh officer: Chief Legal Officer STERLING BANCORP, INC., ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Eboh Duke Okorie director 100 VAN REYPEN STREET, JERSEY CITY NJ 07306
Michael Donahue director C/O STERLING BANCORP, INC., ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Erwin A. Rubenstein 10 percent owner C/O STERLING BANCORP, INC., ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Karen Knott officer: EVP and CFO ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Thomas M Obrien officer: CHIEF EXECUTIVE OFFICER C/O STATE BANK OF LONG ISLAND, 2 JERICHO PLAZA, JERICHO NY 11753
John Thomas Macfarlane 10 percent owner 151 S. OLD WOODWARD AVE., STE. 200, BIRMINGHAM MI 48009
Christine Meredith officer: CHIEF RISK OFFICER ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Kimmel Colleen officer: GEN COUNSEL & CORP SECRETARY ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Steve Huber officer: CHIEF FINANCIAL OFFICER ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Tracey A Dedrick director C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Peggy Daitch director ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Denny Kim director C/O WL ROSS GROUP, L.P., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven E. Gallotta director ONE TOWNE SQUARE, SUITE 1900, SOUTHFIELD MI 48076
Harry S. Stern 10 percent owner 220 MONTGOMERY STREET, 15TH FLOOR, SAN FRANCISCO CA 94104