STL - Sterling Bancorp

NYSE - NYSE Delayed Price. Currency in USD

Sterling Bancorp

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees1,855

Key Executives

NameTitlePayExercisedYear Born
Mr. Jack L. KopniskyPres, CEO & Director2.04MN/A1956
Mr. Luis MassianiSr. EVP & CFO1.08MN/A1977
Mr. Rodney C. WhitwellSr. EVP & Chief Admin. Officer750.48kN/A1958
Mr. Michael E. FinnSr. EVP & Chief Risk Officer758.9kN/A1965
Mr. Thomas X. GeiselSr. EVP & Corp. Banking Pres766.74kN/A1961
Amounts are as of December 31, 2018 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 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. In addition, the company engages in the third-party provider to sell mutual funds and annuities; and provision of annuity and wealth management products. As of December 31, 2018, it operated 106 full-service retail and commercial financial centers, which comprise 24 offices are located in Nassau County, 22 in Suffolk County, 14 in Queens County, 12 in Westchester County, 11 in Kings County, 8 in Rockland County, 6 in Orange County, 3 in New York City, and 2 in Bronx County, 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 April 1, 2019 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 6; 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.