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Sterling Bancorp

Sterling Bancorp is a publicly-traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "STL." It is a financial holding company that operates through its subsidiary, Sterling National Bank, which provides various banking products and services to individuals, small businesses, and commercial clients in the New York metropolitan area.

Here are some key general information and statistics about Sterling Bancorp:

* Company Name: Sterling Bancorp

* Ticker Symbol: STL

* Exchange: New York Stock Exchange (NYSE)

* Industry: Financials

* Sector: Banking

* Founded: 1888

* Headquarters: Montebello, New York

* Employees: 1,153 (as of 2022)

* Total Assets: $11.67 billion (as of 2022)

* Total Deposits: $8.52 billion (as of 2022)

* Net Income: $105.2 million (2022)

* Return on Average Equity (ROAE): 8.33% (2022)

* Return on Average Assets (ROAA): 1.13% (2022)

* Efficiency Ratio: 57.41% (2022)

* Tier 1 Leverage Ratio: 9.73% (2022)

* Common Equity Tier 1 Capital Ratio: 10.67% (2022)

Sterling Bancorp offers various banking products and services, including commercial and consumer loans, deposit products such as checking and savings accounts, and cash management services. They also provide investment and brokerage services through their subsidiary, Sterling Investment Group, LLC, registered with the SEC as a registered investment advisor.

Sterling Bancorp has a long history dating back to 1888 when it was founded as the First National Bank of Montebello. Over the years, the company has grown through a series of mergers and acquisitions, eventually becoming Sterling Bancorp in 2014. Today, Sterling Bancorp operates 15 branches throughout the New York metropolitan area and has total assets of over $11.67 billion.

Sterling Bancorp has received recognition for its performance, including being named one of the "Best Banks in America" by Forbes magazine in 2022. The company has also been recognized for its commitment to diversity and inclusion, earning a perfect score on the Human Rights Campaign Foundation's Corporate Equality Index in 2022.

Sterling Bancorp's stock price has experienced fluctuations over the past year, influenced by factors such as economic conditions, industry trends, and company performance. It is important to conduct thorough research and analysis before making investment decisions.

In summary, Sterling Bancorp is a publicly-traded bank holding company that offers banking products and services to customers in the New York metropolitan area. The company has a long history, strong financial performance, and commitment to diversity and inclusion. If you are considering investing in Sterling Bancorp, it is essential to do your research, analyze the company's financial data, and keep up with current news and trends that may impact their performance.