Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

MONTEBELLO, NY -- (Marketwired) -- 07/27/15 -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payable August 17, 2015 to holders of record as of August 6, 2015.

About Sterling Bancorp

Sterling Bancorp, with its principal subsidiary Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Sterling Bancorp website at www.sterlingbancorp.com.

   STERLING BANCORP CONTACT:  Luis MassianiSEVP & Chief Financial Officer  845.369.8040Sterling Bancorp  400 Rella Boulevard  Montebello, NY 10901-4243   T 845.369.8040 F 845.369.8255     http://www.sterlingbancorp.com

Source: Sterling Bancorp

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