Sterling Bancorp Inc (SBT) Tops Q1 EPS by 5c, Revenues Beat
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Sterling Bancorp Reports First Quarter 2019 Financial Results
April 29, 2019 4:05 PM EDTQ1 2019 Highlights
Net income of $15.7 million, consistent with Q1 2018, and down 2% from Q4 2018 Fully diluted EPS of $0.30, consistent with both Q1 2018 and Q4 2018 First quarter annualized ROAA of 1.94% and annualized ROATCE of 18.46% Revenue, net of interest expense, of $34.1 million, comparable to Q1 2018, and down 7% from Q4 2018 Total loan originations of $304.9 million, down from $408.0 million in Q1 2018 and $332.7 million in Q4 2018 Total gross loans, including loans held for investment and loans held for sale, of... More