Sterling Bancorp, Inc. financial data

Symbol
SBT on Nasdaq
Industry
Savings Institution, Federally Chartered
Location
One Towne Square, Suite 1900, Southfield, MI
State of incorporation
MI
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 630 % -5.74%
Return On Equity 0.65 % -72.4%
Return On Assets 0.09 % -69.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 52.3M shares +0.53%
Common Stock, Shares, Outstanding 52.3M shares +0.45%
Entity Public Float 92.1M USD -3.36%
Common Stock, Value, Issued 84.3M USD 0%
Weighted Average Number of Shares Outstanding, Basic 51M shares +0.67%
Weighted Average Number of Shares Outstanding, Diluted 51.3M shares +1.11%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 4.25M USD -59.8%
Income Tax Expense (Benefit) 2.11M USD -32.9%
Net Income (Loss) Attributable to Parent 2.14M USD -71.2%
Earnings Per Share, Basic 0.04 USD/shares -73.3%
Earnings Per Share, Diluted 0.04 USD/shares -73.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 15.4M USD -9.26%
Property, Plant and Equipment, Net 4.48M USD -17.5%
Operating Lease, Right-of-Use Asset 10.6M USD -7.11%
Assets 2.44B USD +0.85%
Liabilities 2.1B USD +0.68%
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.5M USD +11.2%
Retained Earnings (Accumulated Deficit) 244M USD +0.88%
Stockholders' Equity Attributable to Parent 334M USD +1.9%
Liabilities and Equity 2.44B USD +0.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.88M USD -11.6%
Net Cash Provided by (Used in) Financing Activities 1.65M USD
Net Cash Provided by (Used in) Investing Activities 70.4M USD -6.33%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 52.3M shares +0.45%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 68.2M USD +73%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 878M USD +51.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 18.1M USD +58.7%
Deferred Tax Assets, Valuation Allowance 158K USD 0%
Deferred Tax Assets, Gross 19.1M USD -9.56%
Operating Lease, Liability 11.6M USD -7.56%
Payments to Acquire Property, Plant, and Equipment 63K USD -66.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.85M USD -67.2%
Lessee, Operating Lease, Liability, to be Paid 12.5M USD -6.35%
Property, Plant and Equipment, Gross 22M USD -8.15%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.98M USD -9.93%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.02M USD +0.27%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +33.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 883K USD +13.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.16M USD -13.4%
Deferred Tax Assets, Operating Loss Carryforwards 745K USD -49.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.68M USD -1.59%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 18.9M USD -9.64%
Interest Expense 76.4M USD +44.7%