|Bid||5.82 x 800|
|Ask||5.84 x 1400|
|Day's range||5.78 - 5.89|
|52-week range||5.01 - 7.26|
|Beta (5Y monthly)||0.80|
|PE ratio (TTM)||14.12|
|Earnings date||31 Oct 2022 - 04 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Feb 2020|
|1y target est||7.33|
SOUTHFIELD, Mich., September 27, 2022--Sterling Bancorp, Inc. (the "Company") (NASDAQ: SBT), the thrift holding company for Sterling Bank and Trust, F.S.B., Southfield, Michigan (the "Bank"), today announced that the Bank has entered into a Consent Order with the Office of the Comptroller of the Currency (the "OCC"), dated September 27, 2022 (the "Consent Order"), resolving the OCC’s formal investigation relating to the Bank’s former residential loan product, marketed as the Advantage Loan Progr
Thank you for joining us today to discuss Sterling Bancorp's financial results for the second quarter ended June 30, 2022. Joining us today from Sterling's management team are Tom O'Brien, chairman, CEO, and president; and Karen Knott, chief financial officer and treasurer. Before we begin, I'd like to remind you that this conference call contains forward-looking statements with respect to the future performance and financial condition of Sterling Bancorp that involves risks and uncertainties.
Sterling Bancorp (SBT) delivered earnings and revenue surprises of -157.14% and 14.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?