Sterling Bancorp, Inc. financial data

Symbol
SBT on Nasdaq
Industry
Savings Institution, Federally Chartered
Location
One Towne Square, Suite 1900, Southfield, Michigan
State of incorporation
Michigan
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 661 % +0.4%
Return On Equity 2.4 %
Return On Assets 0.31 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 52M shares +2.43%
Common Stock, Shares, Outstanding 52M shares +2.44%
Entity Public Float 95.3M USD +6.72%
Common Stock, Value, Issued 84.3M USD +1.23%
Weighted Average Number of Shares Outstanding, Basic 50.8M shares +0.79%
Weighted Average Number of Shares Outstanding, Diluted 50.8M shares +0.79%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 10.8M USD +46.1%
Income Tax Expense (Benefit) 3.1M USD -27.7%
Net Income (Loss) Attributable to Parent 7.72M USD +60.8%
Earnings Per Share, Basic 0.16 USD/shares
Earnings Per Share, Diluted 0.16 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 18.2M USD -9.1%
Property, Plant and Equipment, Net 5.21M USD -15.2%
Operating Lease, Right-of-Use Asset 12.4M USD -11.2%
Assets 2.41B USD +0.13%
Liabilities 2.09B USD -0.42%
Accumulated Other Comprehensive Income (Loss), Net of Tax -16M USD +4.43%
Retained Earnings (Accumulated Deficit) 242M USD +3.3%
Stockholders' Equity Attributable to Parent 327M USD +3.73%
Liabilities and Equity 2.41B USD +0.13%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.88M USD -11.6%
Net Cash Provided by (Used in) Financing Activities 1.65M USD
Net Cash Provided by (Used in) Investing Activities 70.4M USD -6.33%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 52M shares +2.44%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 68.2M USD +73%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 646M USD +54.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 18.1M USD +58.7%
Deferred Tax Assets, Valuation Allowance 158K USD +31.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 21.1M USD -27.4%
Operating Lease, Liability 13.4M USD -11.1%
Payments to Acquire Property, Plant, and Equipment 63K USD -66.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.46M USD -142%
Lessee, Operating Lease, Liability, to be Paid 13.3M USD -22.4%
Property, Plant and Equipment, Gross 23.9M USD +1.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.31M USD -13.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.01M USD -1.88%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 4.78M USD +40.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 781K USD -33.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.49M USD -23.6%
Deferred Tax Assets, Operating Loss Carryforwards 1.13M USD +450%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 3.29M USD +1.2%
Current Income Tax Expense (Benefit) 1.85M USD -70.4%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.7M USD -31.6%
Operating Lease, Payments 4.09M USD -0.58%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) -1.02M USD -574%
Current Federal Tax Expense (Benefit) -760K USD -146%
Deferred Tax Assets, Net of Valuation Allowance 20.9M USD -27.6%
Deferred State and Local Income Tax Expense (Benefit) 1.63M USD +6.94%
Interest Expense 68.4M USD +134%