Sterling Bancorp, Inc. financial data

Symbol
SBT on Nasdaq
Industry
Savings Institution, Federally Chartered
Location
One Towne Square, Suite 1900, Southfield, MI
State of incorporation
MI
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 631 % -7.05%
Return On Equity 1.83 %
Return On Assets 0.25 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 52.3M shares +0.46%
Common Stock, Shares, Outstanding 52.3M shares +0.46%
Entity Public Float 95.3M USD +6.72%
Common Stock, Value, Issued 84.3M USD 0%
Weighted Average Number of Shares Outstanding, Basic 51.1M shares +0.71%
Weighted Average Number of Shares Outstanding, Diluted 51.1M shares -0.02%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 9.23M USD +17.3%
Income Tax Expense (Benefit) 3.19M USD +95%
Net Income (Loss) Attributable to Parent 6.04M USD -146%
Earnings Per Share, Basic 0.13 USD/shares -100%
Earnings Per Share, Diluted 0.13 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 15M USD -33.2%
Property, Plant and Equipment, Net 4.71M USD -15.6%
Operating Lease, Right-of-Use Asset 10.8M USD -11.7%
Assets 2.44B USD -0.33%
Liabilities 2.1B USD -1.25%
Accumulated Other Comprehensive Income (Loss), Net of Tax -10.9M USD +48.3%
Retained Earnings (Accumulated Deficit) 243M USD +2.55%
Stockholders' Equity Attributable to Parent 335M USD +5.85%
Liabilities and Equity 2.44B USD -0.33%

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 52.3M shares +0.45%
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 710M USD +26%
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 11.8M USD -11.7%
Payments to Acquire Property, Plant, and Equipment 63K USD -66.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 16.2M USD
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 76.4M USD +44.7%