Sterling Bancorp Inc (SBT) Reports In-Line Q4 EPS

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Go back to Sterling Bancorp Inc (SBT) Reports In-Line Q4 EPS

Sterling Bancorp Reports Fourth Quarter and Full Year 2021 Financial Results

February 3, 2022 8:00 AM EST

SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Sterling Bancorp, Inc. (NASDAQ: SBT) (Sterling or the Company), the holding company of Sterling Bank and Trust, F.S.B. (the Bank), today reported its financial results for the quarter and year ended December 31, 2021.

Fourth Quarter and Year-End 2021 Highlights

Fourth quarter net income of $4.8 million, or $0.10 per diluted share; full year net income of $20.1 million, or $0.40 per diluted share Fourth quarter net interest margin of 2.94%; full year net interest margin of 2.71% Fourth quarter non-interest expense of $19.9... More