Sterling Bancorp, Inc. financial data

Symbol
SBT on Nasdaq
Location
One Towne Square, Suite 1900, Southfield, MI
State of incorporation
MI
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 642 % -4.28%
Return On Equity 2 %
Return On Assets 0.27 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 52.3M shares +0.48%
Common Stock, Shares, Outstanding 52.4M shares +0.56%
Entity Public Float 95.3M USD +6.72%
Common Stock, Value, Issued 84.3M USD 0%
Weighted Average Number of Shares Outstanding, Basic 50.9M shares +0.49%
Weighted Average Number of Shares Outstanding, Diluted 51.3M shares +1.13%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 9.13M USD -46.3%
Income Tax Expense (Benefit) 2.63M USD +26.7%
Net Income (Loss) Attributable to Parent 6.5M USD -48.2%
Earnings Per Share, Basic 0.14 USD/shares -40%
Earnings Per Share, Diluted 0.14 USD/shares -40%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 17.9M USD -3.32%
Property, Plant and Equipment, Net 4.96M USD -15.2%
Operating Lease, Right-of-Use Asset 11.5M USD -11.9%
Assets 2.37B USD -6.21%
Liabilities 2.05B USD -7.61%
Accumulated Other Comprehensive Income (Loss), Net of Tax -16.1M USD +12%
Retained Earnings (Accumulated Deficit) 243M USD +2.75%
Stockholders' Equity Attributable to Parent 329M USD +3.52%
Liabilities and Equity 2.37B USD -6.21%

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 52.4M shares +0.56%
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 600M USD -8.49%
Interest Paid, Excluding Capitalized Interest, Operating Activities 18.1M USD +58.7%
Deferred Tax Assets, Valuation Allowance 158K USD +31.7%
Deferred Tax Assets, Gross 21.1M USD -27.4%
Operating Lease, Liability 12.5M USD -11.8%
Payments to Acquire Property, Plant, and Equipment 63K USD -66.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.7M USD +25.3%
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%
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
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%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 20.9M USD -27.6%
Interest Expense 72.5M USD +76.1%