Sterling Bancorp, Inc. (NASDAQ:SBT) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.08 per share.
For the full year, analysts predict revenues of $ 110.11 million, while looking forward to loss of $ 0.34 per share.
Previous Quarter Performance
Sterling Bancorp, Inc. communicated income for the second quarter of $ 0.07 per share, from the revenue of $ 28.30 million. According to street consensus, SBT was expected to report 2Q20 loss of $ 0.17 per share from revenue of $ 29.00 million. The bottom line results beat street analysts by $ 0.24 or 141.18 percent, at the same time, top line results fell short of analysts by $ 0.7 million or 2.41 percent.
Stock Performance
Shares of Sterling Bancorp, Inc. traded low $ -0.07 or -1.83 percent on Tuesday, reaching $ 3.75 with volume of 20.30 thousand shares. Sterling Bancorp, Inc. has traded high as $ 3.83 and has cracked $ 3.74 on the downward trend
According to the previous trading day, closing price of $ 3.75, representing a 50.99 % increase from the 52 week low of $ 2.53 and a 62.55 % decrease over the 52 week high of $ 10.20.
The company has a market capital of $ 187.41 million and is part of the Financial Services sector and Banks – Regional – US industry.
Sterling Bancorp, Inc. (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individual and business customers.
