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Sterling Bancorp (STL)


NYSE - NYSE Delayed Price. Currency in USD
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22.45-0.30 (-1.32%)
At close: 4:01PM EDT
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Sterling Bancorp

400 Rella Boulevard
Montebello, NY 10901
United States
845-369-8040
http://www.sterlingbancorp.com

SectorFinancial
IndustryMoney Center Banks
Full Time Employees978

Key Executives

NameTitlePayExercisedAge
Mr. Jack L. KopniskyPres, CEO & Non Independent Director1.76M933.33k61
Mr. Luis MassianiSr. EVP & CFO917.66kN/A40
Mr. Rodney C. WhitwellChief Admin. Officer & Sr. EVP627.59kN/A59
Mr. Michael E. FinnChief Risk Officer & EVP542.48kN/A52
Mr. James R. PeoplesSr. Advisor893.76kN/A67
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including checking, money market, savings, 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. In addition, the company offers wealth management products. As of December 31, 2016, it operated 42 full-service retail and commercial financial centers, which comprise 13 offices in Westchester County, 8 in New York City, 9 in Rockland County, 6 in Orange County, and 2 in Long Island, as well as 1 office each in Sullivan, Ulster, and Putnam Counties in New York; and 1 office in Bergen County, New Jersey. The company was founded in 1888 and is based in Montebello, New York.

Corporate Governance

Sterling Bancorp’s ISS Governance QualityScore as of July 1, 2017 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.