Sterling Bancorp Inc (SBT) Tops Q4 EPS by 7c
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Sterling Bancorp Reports Fourth Quarter and Full Year 2023 Financial Results
January 24, 2024 7:54 AM ESTSOUTHFIELD, 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, 2023.
Fourth Quarter and Year-End 2023 Highlights
Fourth quarter net income of $5.1 million, or $0.10 per diluted share; full year net income of $7.4 million, or $0.15 per diluted share Fourth quarter net interest margin of 2.52%; full year net interest margin of 2.68% Fourth quarter provision for (recovery of)... More