Sterling Bancorp (STL) Declares $0.07 Quarterly Dividend; 1.8% Yield

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Sterling Bancorp Announces Results for the Three Months and Nine Months Ended September 30, 2015

October 26, 2015 4:15 PM EDT

MONTEBELLO, NY -- (Marketwired) -- 10/26/15 -- Key Highlights for the Three Months Ended September 30, 2015

Total revenue2 was $109.4 million.Core net income1 was $32.0 million and core diluted earnings per share1 were $0.25, which represented growth of 76.3% and 13.6% over the same quarter a year ago.Tax equivalent net interest margin was 3.76%. Total non-interest income excluding securities gains was $16.1 million, which represented 14.7% of total revenue2.Core... More

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share

October 26, 2015 4:10 PM EDT

MONTEBELLO, NY -- (Marketwired) -- 10/26/15 -- 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 November 16, 2015 to holders of record as of November 5, 2015.... More