|Bid||4.74 x 2200|
|Ask||26.16 x 1000|
|Day's Range||25.55 - 26.22|
|52 Week Range||8.99 - 26.37|
|Beta (5Y Monthly)||1.71|
|PE Ratio (TTM)||16.74|
|Forward Dividend & Yield||0.28 (1.10%)|
|Ex-Dividend Date||Apr 29, 2021|
|1y Target Est||N/A|
Good morning, everyone, and thank you for joining us today to discuss Sterling Bancorp's financial results for the first quarter, March 31 of 2021. Joining us today from Sterling's management team are Tom O'Brien, chairman and CEO and president; and Steve Huber, chief financial officer and treasurer. Before we begin, I'd like to remind everyone that this conference contains forward-looking statements with respect to the future performance and financial condition of Sterling Bancorp that involve risks and uncertainties.
Sterling Bancorp (SBT) has been struggling lately, but the selling pressure may be coming to an end soon
Recently, Webster Financial Corp and Sterling Bancorp announced they were joining hands in a merger of equals.