Previous Close | 6.51 |
Open | 6.40 |
Bid | 0.00 x 900 |
Ask | 0.00 x 800 |
Day's Range | 6.40 - 6.59 |
52 Week Range | 4.33 - 7.26 |
Volume | |
Avg. Volume | 55,643 |
Market Cap | 331.451M |
Beta (5Y Monthly) | 0.79 |
PE Ratio (TTM) | 90.00 |
EPS (TTM) | 0.07 |
Earnings Date | May 02, 2022 - May 06, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Feb 20, 2020 |
1y Target Est | 6.50 |
Webster Financial's (WBS) buyouts have aided deposit and revenue growth. However, high debt and low cash balance are worrisome.
Thank you for joining us today to discuss Sterling Bancorp's financial results for the first quarter ended March 31, 2022. Joining us today from Sterling's management team are Tom O'Brien, chairman, CEO, and president; and Karen Knott, chief financial officer and treasurer. Before we begin, I'd like to remind you that this conference call contains forward-looking statements with respect to the future performance and financial condition of Sterling Bancorp that involve risks and uncertainties.
Sterling Bancorp (SBT) delivered earnings and revenue surprises of 150% and 0.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?