Sterling Bancorp (NYSE:STL)

12.44
Data as of Apr 17
 +0.12 / +0.97%
Today’s Change
8.68
Today|||52-Week Range
13.52
-6.96%
Year-to-Date
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$1.0B

Company Description

Sterling Bancorp is a banking and financial holding company engaged in the provision of banking and related financial services and products. It operates as a regional bank offering services such as deposit, lending, and wealth management products to commercial, consumer, and municipal clients within the New York metropolitan area. Its lending activites consist of Commercial Real Estate, Commercial & Industrial Lending, Residential Mortgage, Consumer, and Acquisition, Development and Construction. The Commercial Real Estate lending originates real estate loans secured by first liens on commercial real estate with collateral on multi-family retail properties. The Commercial & Industrial lending involves the secured and unsecured commercial & industrial loans to businesses for financing working capital, the acquisition of equipment, business expansion, and other purposes. The Residential Mortgage lending offers conforming and non-conforming, fixed-rate and adjustable-rate (“ARM”) residential mortgage loans. The Consumer lending includes homeowner loans, home equity lines of credit, new and used automobile loans, and personal unsecured loans. The Acquisition, Development and Construction lending provides loans to builders. The company was founded on October 31, 2013 and is headquartered in Montebello, NY.

Contact Information

Sterling Bancorp
400 Rella Boulevard
Montebello New York 10901
P:(845) 369-8040
Investor Relations:

Employees

Shareholders

Individual stakeholders4.52%
Mutual fund holders33.86%
Other institutional33.82%

Top Executives

Jack L. KopniskyPresident & Chief Executive Officer
Rodney WhitwellChief Operating & Risk Officer
Luis MassianiChief Financial Officer
Jean StrellaChief Human Capital Officer
Howard M. ApplebaumPresident-Commercial Finance

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