Sterling Bancorp (NYSE:STL) has scheduled a conference call for 22nd October 2020 at 8:00 AM Eastern Time to announce its 3Q20 financial results.
The financial results for the quarter are released after the U.S. market close on Wednesday 21st October 2020
The conference call will also be webcast live under the investor relations section of the website www.sterlingbancorp.com
Earnings Expectation
Sterling Bancorp is reporting third quarter financial results on Wednesday 21st October 2020, after market close.
According to analysts surveyed by Thomson Reuters, STL is expected to report 3Q20 income of $ 0.39 per share from revenue of $ 219.13 million.
For the full year, analysts anticipate top line of $ 868.83 million, while looking forward to income of $ 1.09 per share bottom line.
Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including checking, savings, money market, time, and interest and non-interest bearing demand deposits, as well as certificates of deposit and mortgage escrow funds. It originates various loans that comprise residential and commercial mortgage loans; commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector, and commercial real estate and multi-family loans; consumer loans, such as homeowner loans, home equity lines of credit, new and used automobile loans, and personal unsecured loans; and acquisition, development, and construction loans.
