Sterling BancorpSBT
Market Cap: $294M
About: Sterling Bancorp Inc is a unitary thrift 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.
Employees: 255
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
18% more funds holding
Funds holding: 50 [Q1] → 59 (+9) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.68% less ownership
Funds ownership: 27.71% [Q1] → 27.02% (-0.68%) [Q2]
1% less capital invested
Capital invested by funds: $74.4M [Q1] → $73.5M (-$909K) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for SBT.