Sterling Bancorp (STL) Files 10-K for the Fiscal Year Ended on December 31, 2018
- By insider
Sterling Bancorp (STL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Sterling Bancorp is a provider of financial services. The company functions through the Sterling National Bank, which delivers deposit, lending, and wealth management products to commercial businesses and affluent consumers. Sterling Bancorp has a market cap of $4.4 billion; its shares were traded at around $20.36 with a P/E ratio of 10.40 and P/S ratio of 4.40. The dividend yield of Sterling Bancorp stocks is 1.38%.
Warning! GuruFocus has detected 3 Warning Signs with STL. Click here to check it out.
The intrinsic value of STL
For the last quarter Sterling Bancorp reported a revenue of $265.3 million, compared with the revenue of $257.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.1 billion, an increase of 65.3% from last year. For the last five years Sterling Bancorp had an average revenue growth rate of 45% a year.
The reported diluted earnings per share was $1.95 for the year, an increase of 236.2% from previous year. Over the last five years Sterling Bancorp had an EPS growth rate of 26.6% a year. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Sterling Bancorp has the cash and cash equivalents of $438.1 million, compared with $479.9 million in the previous year. The long term debt was $5.2 billion, compared with $5 billion in the previous year. Sterling Bancorp has a financial strength rank of 3 (out of 10).
At the current stock price of $20.36, Sterling Bancorp is traded at 13.7% premium to its historical median P/S valuation band of $17.91. The P/S ratio of the stock is 4.40, while the historical median P/S ratio is 3.84. The stock lost 11.23% during the past 12 months.
Directors and Officers Recent Trades:
Director James J Landy sold 55,000 shares of STL stock on 02/01/2019 at the average price of $19.36. The price of the stock has increased by 5.17% since.
For the complete 20-year historical financial data of STL, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Signs with STL. Click here to check it out.
The intrinsic value of STL
