STERLING BANCORP

STL
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Sterling Bancorp: Q4 Earnings Snapshot

01/19/2022 | 04:40pm

PEARL RIVER, N.Y. (AP) _ Sterling Bancorp (STL) on Wednesday reported net income of $111.6 million in its fourth quarter.

The Pearl River, New York-based bank said it had earnings of 57 cents per share. Earnings, adjusted for non-recurring costs, came to 64 cents per share.

The bank holding company posted revenue of $269.6 million in the period. Its revenue net of interest expense was $255.6 million, which beat Street forecasts.

For the year, the company reported profit of $404.7 million, or $2.07 per share. Revenue was reported as $1 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STL at https://www.zacks.com/ap/STL

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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