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Hot Stocks
Sterling Bancorp announces strategic investment in FinTron » 08:20
10/28/21
10/28
08:20
10/28/21
08:20
STL

Sterling Bancorp

$25.32 /

-1.18 (-4.45%)

Sterling Bancorp…

Sterling Bancorp announced a strategic investment in FinTron, a FinTech company providing a range of digitally enabled banking and investment services to the Mobile Generation. Through its subsidiary, Fintron Invest, an SEC registered broker-dealer, the company provides a range of investment services, including commission-free trading in more than two thousand stocks and ETFs, as well as investment automation and educational financial resources, all delivered through an "all-in-one" investing and investment education app. With a median client age of 26 and over 80% of its clients possessing limited or no investment experience, FinTron Invest is democratizing personal finance for a new generation of investors. The FinTron Invest app offers educational resources, automated investing, budgeting, and planning tools that work together to promote financial literacy. To better enable financial proficiency for younger generations and those intimidated by investment jargon, FinTron has also deployed a standalone product coined "FinTronU" - a free, simulated investing game and financial literacy program utilized by thousands of new investors.

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STL Sterling Bancorp
$25.32 /

-1.18 (-4.45%)

STL Sterling Bancorp
$25.32 /

-1.18 (-4.45%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
STL Sterling Bancorp
$25.32 /

-1.18 (-4.45%)

Hot Stocks
Sterling Bancorp goes live with Cashfac's escrow account platform » 08:46
10/21/21
10/21
08:46
10/21/21
08:46
STL

Sterling Bancorp

$26.92 /

+0.805 (+3.08%)

Sterling National Bank…

Sterling National Bank and Cashfac are pleased to announce that Sterling has moved into production with their new Virtual Account Manager, delivered through Cashfac's Software as a Service based Escrow Accounts platform. This launch delivers a cloud based, fully supported solution enabling Sterling to provide customers with enhanced self-service options via Cashfac's Virtual Account Manager platform. Sterling's customers can now create and manage their own escrow accounts, streamline their receivables process and reduce processing delays and operational inefficiencies. By leveraging a self-service approach, Sterling is further automating its back-office, simplifying its operations, and eliminating many of the inefficiencies of a DDA based solution.

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STL Sterling Bancorp
$26.92 /

+0.805 (+3.08%)

STL Sterling Bancorp
$26.92 /

+0.805 (+3.08%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
STL Sterling Bancorp
$26.92 /

+0.805 (+3.08%)

Earnings
Sterling Bancorp reports Q3 EPS 52c, consensus 51c » 16:18
10/20/21
10/20
16:18
10/20/21
16:18
STL

Sterling Bancorp

$26.92 /

+0.805 (+3.08%)

Reports Q3 revenue…

Reports Q3 revenue $246.4M, consensus $221.3M. Reports adjusted net income was $99.6M compared to $100.4M in the linked quarter. Reported net interest margin excluding accretion income1 was 3.25% compared to 3.30% in the linked quarter. loans and core deposits in the third quarter. Our credit outlook also continues to show steady improvement. "Adjusted net income available to common stockholders was $99.6 million, or $0.52 per diluted share. Adjusted earnings per diluted share were in line with the linked quarter and represented an increase of 15.6% over the prior year. Over the past five years, our adjusted net income available per diluted common share has grown at a compound annual growth rate of 12.4% and tangible book value per common share has grown at a CAGR of 14.5%. Our key profitability metrics remained strong, with adjusted return on average tangible assets of 1.44% and adjusted return on average tangible common equity of 13.8%. "Our net interest income was $213.8 million in the third quarter, a decline of $4.7 million over the linked quarter, which largely reflects lower prepayment fees from multi-family loans and lower accretion income. Our net interest margin excluding accretion income was 3.25%, a decline of five basis points from the linked quarter, a result of lower prepayment income and continued downward pressure on earning asset yields. Commercial loan growth accelerated through the third quarter, which should provide a strong tailwind to forward interest income. At September 30, 2021, our total commercial loans were $19.7 billion, an increase of $558.7 million, or 2.9% over the linked quarter, with the greatest contributions from traditional C&I loans and public sector finance portfolios. Our total core deposits were $23.4 billion, which represented an increase of $789.4 million over the linked quarter.

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STL Sterling Bancorp
$26.92 /

+0.805 (+3.08%)

STL Sterling Bancorp
$26.92 /

+0.805 (+3.08%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
STL Sterling Bancorp
$26.92 /

+0.805 (+3.08%)

Conference/Events
Stephens to hold a forum » 09:41
09/22/21
09/22
09:41
09/22/21
09:41
ABCB

Ameris Bancorp

$46.52 /

+ (+0.00%)

, ABTX

Allegiance Bancshares

$35.15 /

+ (+0.00%)

, CBNK

Capital Bancorp

$22.23 /

+ (+0.00%)

, FFIN

First Financial

$43.46 /

+ (+0.00%)

, HBNC

Horizon Bancorp

$16.64 /

-0.09 (-0.54%)

, NCBS

Nicolet Bankshares

$69.91 /

-0.2 (-0.29%)

, RNST

Renasant

$32.51 /

-0.03 (-0.09%)

, TSC

TriState Capital

$18.89 /

+ (+0.00%)

, UBSI

United Bankshares

$32.16 /

+ (+0.00%)

, UCBI

United Community Banks

$28.11 /

+ (+0.00%)

, WSBC

WesBanco

$30.57 /

+ (+0.00%)

, WTFC

Wintrust Financial

$73.77 /

+0.04 (+0.05%)

, BANF

BancFirst

$55.65 /

+0.0598 (+0.11%)

, BUSE

First Busey

$22.26 /

-0.17 (-0.76%)

, FSBC

Five Star

$22.21 /

+ (+0.00%)

, GBCI

Glacier Bancorp

$50.20 /

-0.02 (-0.04%)

, TBK

Triumph Bancorp

$83.89 /

+ (+0.00%)

, TCBK

TriCo Bancshares

$40.15 /

-0.2 (-0.50%)

, OBNK

Origin Bancorp

$39.79 /

+0.18 (+0.45%)

, HTLF

Heartland Financial

$45.31 /

-0.24 (-0.53%)

, PB

Prosperity Bancshares

$65.57 /

+ (+0.00%)

, SMBK

SmartFinancial

$24.75 /

+ (+0.00%)

, STBA

S&T Bancorp

$27.16 /

+ (+0.00%)

, STL

Sterling Bancorp

$21.59 /

+0.015 (+0.07%)

, FRME

First Merchants

$38.44 /

+ (+0.00%)

, FNWD

Finward Bancorp

$41.00 /

+ (+0.00%)

, FULT

Fulton Financial

$14.37 /

+ (+0.00%)

11th Annual Bank Forum to…

11th Annual Bank Forum to be held in Little Rock, Arkansas on September 20-22. Webcast Link

ShowHide Related Items >><<
WTFC Wintrust Financial
$73.77 /

+0.04 (+0.05%)

WSBC WesBanco
$30.57 /

+ (+0.00%)

UCBI United Community Banks
$28.11 /

+ (+0.00%)

UBSI United Bankshares
$32.16 /

+ (+0.00%)

TCBK TriCo Bancshares
$40.15 /

-0.2 (-0.50%)

TBK Triumph Bancorp
$83.89 /

+ (+0.00%)

STL Sterling Bancorp
$21.59 /

+0.015 (+0.07%)

STBA S&T Bancorp
$27.16 /

+ (+0.00%)

SMBK SmartFinancial
$24.75 /

+ (+0.00%)

RNST Renasant
$32.51 /

-0.03 (-0.09%)

NCBS Nicolet Bankshares
$69.91 /

-0.2 (-0.29%)

HTLF Heartland Financial
$45.31 /

-0.24 (-0.53%)

HBNC Horizon Bancorp
$16.64 /

-0.09 (-0.54%)

GBCI Glacier Bancorp
$50.20 /

-0.02 (-0.04%)

FULT Fulton Financial
$14.37 /

+ (+0.00%)

FNWD Finward Bancorp
$41.00 /

+ (+0.00%)

FFIN First Financial
$43.46 /

+ (+0.00%)

CBNK Capital Bancorp
$22.23 /

+ (+0.00%)

ABTX Allegiance Bancshares
$35.15 /

+ (+0.00%)

ABCB Ameris Bancorp
$46.52 /

+ (+0.00%)

ABCB Ameris Bancorp
$46.52 /

+ (+0.00%)

04/07/21
Fly Intel: Top five analyst downgrades
04/07/21 Raymond James
Ameris Bancorp downgraded to Outperform from Strong Buy at Raymond James
03/30/21 DA Davidson
Ameris Bancorp downgraded to Neutral at DA Davidson on valuation
03/30/21 DA Davidson
Ameris Bancorp downgraded to Neutral from Buy at DA Davidson
ABTX Allegiance Bancshares
$35.15 /

+ (+0.00%)

10/02/20 Janney Montgomery Scott
Allegiance Bancshares initiated with a Neutral at Janney Montgomery Scott
CBNK Capital Bancorp
$22.23 /

+ (+0.00%)

10/28/20 Piper Sandler
Capital Bancorp upgraded to Overweight from Neutral at Piper Sandler
FFIN First Financial
$43.46 /

+ (+0.00%)

08/31/21 Janney Montgomery Scott
Janney Montgomery Scott starts First Financial at Neutral
08/31/21 Janney Montgomery Scott
First Financial initiated with a Neutral at Janney Montgomery Scott
04/27/21 Truist
First Financial price target raised to $52 from $47 at Truist
03/08/21 Truist
First Financial price target raised to $47 from $40 at Truist
HBNC Horizon Bancorp
$16.64 /

-0.09 (-0.54%)

NCBS Nicolet Bankshares
$69.91 /

-0.2 (-0.29%)

09/08/21 Piper Sandler
Nicolet Bankshares upgraded to Overweight from Neutral at Piper Sandler
06/28/21
Fly Intel: Top five analyst upgrades
06/28/21 Stephens
Nicolet Bankshares upgraded to Overweight on recent deals at Stephens
06/28/21 Stephens
Nicolet Bankshares upgraded to Overweight from Equal Weight at Stephens
RNST Renasant
$32.51 /

-0.03 (-0.09%)

07/29/21 Truist
Renasant price target lowered to $38 from $46 at Truist
01/29/21 Truist
Renasant price target raised to $40 from $35 at Truist
09/29/20 Truist
Truist raises price targets on select regional banks
TSC TriState Capital
$18.89 /

+ (+0.00%)

07/23/21 B. Riley
TriState Capital price target raised to $28 from $26 at B. Riley
07/12/21 B. Riley
TriState Capital upgraded to Buy on share pullback at B. Riley
07/12/21 B. Riley
TriState Capital upgraded to Buy from Neutral at B. Riley
04/26/21 B. Riley
TriState Capital price target raised to $26 from $21 at B. Riley
UBSI United Bankshares
$32.16 /

+ (+0.00%)

02/01/21 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
02/01/21 Raymond James
United Bankshares upgraded to Outperform from Market Perform at Raymond James
11/18/20 Keefe Bruyette
United Bankshares downgraded to Market Perform at Keefe Bruyette
10/13/20 Boenning & Scattergood
United Bankshares resumed with a Neutral at Boenning & Scattergood
UCBI United Community Banks
$28.11 /

+ (+0.00%)

07/21/21 Raymond James
United Community price target lowered to $36 from $39 at Raymond James
10/22/20 Raymond James
United Community Banks upgraded to Outperform from Market Perform at Raymond James
10/22/20 Raymond James
United Community upgraded to Outperform from Market Perform at Raymond James
10/19/20 Stephens
United Community Banks resumed with an Overweight at Stephens
WSBC WesBanco
$30.57 /

+ (+0.00%)

07/08/21 Raymond James
WesBanco downgraded to Market Perform from Outperform at Raymond James
04/29/21 Piper Sandler
WesBanco downgraded to Neutral from Overweight at Piper Sandler
04/09/21 B. Riley
WesBanco price target raised to $32 from $30 at B. Riley
02/03/21 B. Riley
WesBanco price target raised to $30 from $29 at B. Riley Securities
WTFC Wintrust Financial
$73.77 /

+0.04 (+0.05%)

09/07/21 Keefe Bruyette
Wintrust Financial upgraded to Outperform from Market Perform at Keefe Bruyette
09/03/21 Piper Sandler
Wintrust Financial price target raised to $87 from $85 at Piper Sandler
07/20/21 Wedbush
Wintrust Financial price target lowered to $85 from $95 at Wedbush
05/21/21 Truist
Wintrust Financial upgraded to Buy from Hold at Truist
BANF BancFirst
$55.65 /

+0.0598 (+0.11%)

BUSE First Busey
$22.26 /

-0.17 (-0.76%)

08/03/21 B. Riley
First Busey price target lowered to $27 from $29 at B. Riley
03/17/21 B. Riley
First Busey price target raised to $29 from $26 at B. Riley Securities
01/07/21 B. Riley
First Busey price target raised to $26 from $24 at B. Riley Securities
12/04/20 B. Riley
First Busey price target raised to $24 from $20 at B. Riley Securities
FSBC Five Star
$22.21 /

+ (+0.00%)

07/28/21
Fly Intel: Top five analyst upgrades
07/28/21 Keefe Bruyette
Five Star upgraded to Outperform from Market Perform at Keefe Bruyette
06/01/21 DA Davidson
Five Star initiated with a Buy at DA Davidson
06/01/21 DA Davidson
Five Star initiated with a Buy at DA Davidson
GBCI Glacier Bancorp
$50.20 /

-0.02 (-0.04%)

06/21/21 Truist
Glacier Bancorp assumed with a Buy at Truist
05/21/21 Truist
Glacier Bancorp price target raised to $62 from $52 at Truist
05/20/21 Raymond James
Altabancorp downgraded to Market Perform from Outperform at Raymond James
05/20/21 Piper Sandler
Altabancorp downgraded to Neutral from Overweight at Piper Sandler
TBK Triumph Bancorp
$83.89 /

+ (+0.00%)

04/05/21 B. Riley
B. Riley upgrades Triumph Bancorp to Buy on 'transformative acquisition'
04/05/21 B. Riley
Triumph Bancorp upgraded to Buy from Neutral at B. Riley Securities
04/05/21 Raymond James
Triumph Bancorp upgraded to Strong Buy from Outperform at Raymond James
04/05/21 Raymond James
Triumph Bancorp upgraded to Strong Buy from Outperform at Raymond James
TCBK TriCo Bancshares
$40.15 /

-0.2 (-0.50%)

09/07/21 DA Davidson
TriCo Bancshares upgraded to Buy from Neutral at DA Davidson
09/07/21 DA Davidson
TriCo Bancshares upgraded to Buy from Neutral at DA Davidson
08/03/21 Piper Sandler
TriCo Bancshares upgraded to Overweight on valuation at Piper Sandler
08/02/21 Piper Sandler
TriCo Bancshares upgraded to Overweight from Neutral at Piper Sandler
OBNK Origin Bancorp
$39.79 /

+0.18 (+0.45%)

05/11/21 DA Davidson
DA Davidson upgrades Origin Bancorp to Buy after earnings beat
05/11/21 DA Davidson
Origin Bancorp upgraded to Buy from Neutral at DA Davidson
03/18/21 Raymond James
Origin Bancorp price target raised to $49 from $37 at Raymond James
01/29/21 Keefe Bruyette
Origin Bancorp upgraded to Outperform with $36 target at Keefe Bruyette
HTLF Heartland Financial
$45.31 /

-0.24 (-0.53%)

09/07/21 Keefe Bruyette
Heartland upgraded to Outperform from Market Perform at Keefe Bruyette
12/17/20 DA Davidson
Heartland Financial upgraded to Buy at DA Davidson on further scale progress
12/17/20 DA Davidson
Heartland Financial upgraded to Buy from Neutral at DA Davidson
PB Prosperity Bancshares
$65.57 /

+ (+0.00%)

03/08/21 Truist
Prosperity Bancshares price target raised to $88 from $78 at Truist
01/07/21 BofA
Prosperity Bancshares downgraded to Underperform from Neutral at BofA
10/29/20 Raymond James
Prosperity Bancshares price target lowered to $65 from $70 at Raymond James
10/29/20 Janney Montgomery Scott
Prosperity Bancshares upgraded to Buy from Neutral at Janney Montgomery Scott
SMBK SmartFinancial
$24.75 /

+ (+0.00%)

07/21/21 Raymond James
SmartFinancial price target raised to $30 from $27 at Raymond James
04/22/21 Raymond James
SmartFinancial upgraded to Strong Buy from Outperform at Raymond James
10/28/20 Stephens
SmartFinancial resumed with an Overweight at Stephens
STBA S&T Bancorp
$27.16 /

+ (+0.00%)

07/12/21 Keefe Bruyette
S&T Bancorp reinstated with a Market Perform at Keefe Bruyette
01/11/21 DA Davidson
S&T Bancorp downgraded to Neutral from Buy at DA Davidson
01/11/21 DA Davidson
S&T Bancorp downgraded to Neutral from Buy at DA Davidson
09/24/20 Boenning & Scattergood
S&T Bancorp resumed with an Outperform at Boenning & Scattergood
STL Sterling Bancorp
$21.59 /

+0.015 (+0.07%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
FRME First Merchants
$38.44 /

+ (+0.00%)

07/29/21 Janney Montgomery Scott
First Merchants upgraded to Buy from Neutral at Janney Montgomery Scott
04/27/21 Raymond James
First Merchants price target raised to $55 from $46 at Raymond James
02/01/21 Raymond James
First Merchants upgraded to Outperform from Market Perform at Raymond James
02/01/21 Raymond James
First Merchants upgraded to Outperform from Market Perform at Raymond James
FNWD Finward Bancorp
$41.00 /

+ (+0.00%)

FULT Fulton Financial
$14.37 /

+ (+0.00%)

04/07/21 Raymond James
Fulton Financial downgraded to Market Perform from Outperform at Raymond James
WTFC Wintrust Financial
$73.77 /

+0.04 (+0.05%)

WSBC WesBanco
$30.57 /

+ (+0.00%)

UCBI United Community Banks
$28.11 /

+ (+0.00%)

UBSI United Bankshares
$32.16 /

+ (+0.00%)

TSC TriState Capital
$18.89 /

+ (+0.00%)

TCBK TriCo Bancshares
$40.15 /

-0.2 (-0.50%)

TBK Triumph Bancorp
$83.89 /

+ (+0.00%)

STL Sterling Bancorp
$21.59 /

+0.015 (+0.07%)

STBA S&T Bancorp
$27.16 /

+ (+0.00%)

SMBK SmartFinancial
$24.75 /

+ (+0.00%)

RNST Renasant
$32.51 /

-0.03 (-0.09%)

PB Prosperity Bancshares
$65.57 /

+ (+0.00%)

OBNK Origin Bancorp
$39.79 /

+0.18 (+0.45%)

NCBS Nicolet Bankshares
$69.91 /

-0.2 (-0.29%)

HTLF Heartland Financial
$45.31 /

-0.24 (-0.53%)

HBNC Horizon Bancorp
$16.64 /

-0.09 (-0.54%)

GBCI Glacier Bancorp
$50.20 /

-0.02 (-0.04%)

FULT Fulton Financial
$14.37 /

+ (+0.00%)

FSBC Five Star
$22.21 /

+ (+0.00%)

FRME First Merchants
$38.44 /

+ (+0.00%)

FFIN First Financial
$43.46 /

+ (+0.00%)

CBNK Capital Bancorp
$22.23 /

+ (+0.00%)

BUSE First Busey
$22.26 /

-0.17 (-0.76%)

BANF BancFirst
$55.65 /

+0.0598 (+0.11%)

ABTX Allegiance Bancshares
$35.15 /

+ (+0.00%)

ABCB Ameris Bancorp
$46.52 /

+ (+0.00%)

  • 05
    May
TCBK TriCo Bancshares
$40.15 /

-0.2 (-0.50%)

STBA S&T Bancorp
$27.16 /

+ (+0.00%)

ABTX Allegiance Bancshares
$35.15 /

+ (+0.00%)

WTFC Wintrust Financial
$73.77 /

+0.04 (+0.05%)

UBSI United Bankshares
$32.16 /

+ (+0.00%)

STL Sterling Bancorp
$21.59 /

+0.015 (+0.07%)

NCBS Nicolet Bankshares
$69.91 /

-0.2 (-0.29%)

FSBC Five Star
$22.21 /

+ (+0.00%)

NCBS Nicolet Bankshares
$69.91 /

-0.2 (-0.29%)

Hot Stocks
Sterling Bancorp announces strategic investment in Texture Capital » 08:17
09/07/21
09/07
08:17
09/07/21
08:17
STL

Sterling Bancorp

$22.70 /

-0.15 (-0.66%)

Sterling Bancorp…

Sterling Bancorp announced a strategic investment in Texture Capital Holdings Corp., which through its wholly-owned subsidiary Texture Capital, operates an SEC registered broker dealer and Alternative Trading System. Texture supports both the issuance of private placement digital securities and an electronic marketplace for institutional participants to efficiently trade in private securities markets. Digital asset securities are recorded using a blockchain ledger and provide issuers with improved control and better recordkeeping costs. Texture has built a compliant, blockchain-enabled marketplace that supports the needs of institutional investors while enhancing liquidity in the private securities market.

ShowHide Related Items >><<
STL Sterling Bancorp
$22.70 /

-0.15 (-0.66%)

STL Sterling Bancorp
$22.70 /

-0.15 (-0.66%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
STL Sterling Bancorp
$22.70 /

-0.15 (-0.66%)

STL Sterling Bancorp
$22.70 /

-0.15 (-0.66%)

Over a quarter ago
Hot Stocks
Webster, Sterling shareholders approve merger » 17:02
08/17/21
08/17
17:02
08/17/21
17:02
WBS

Webster Financial

$49.21 /

-1.49 (-2.94%)

, STL

Sterling Bancorp

$22.25 /

-0.515 (-2.26%)

Webster Financial…

Webster Financial Corporation (WBS) and Sterling Bancorp (STL) jointly announced that each company's stockholders have approved the proposed merger between Webster and Sterling at their respective special meetings of stockholders held today. The final voting results on the proposals voted on at the special meetings will be set forth in the companies' separate Form 8-Ks filed with the U.S. Securities and Exchange Commission after certification by each company's inspector of election. "Today's stockholder approval marks a key step in completing the merger of Webster and Sterling," said John R. Ciulla, Chairman, President & CEO of Webster. "I am very pleased that our stockholders overwhelmingly support bringing together two high performing companies, as it provides a compelling opportunity to create value for our stakeholders."

ShowHide Related Items >><<
WBS Webster Financial
$49.21 /

-1.49 (-2.94%)

STL Sterling Bancorp
$22.25 /

-0.515 (-2.26%)

WBS Webster Financial
$49.21 /

-1.49 (-2.94%)

07/23/21 Wedbush
Webster Financial price target lowered to $60 from $65 at Wedbush
06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21
Fly Intel: Top five analyst upgrades
STL Sterling Bancorp
$22.25 /

-0.515 (-2.26%)

04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
WBS Webster Financial
$49.21 /

-1.49 (-2.94%)

STL Sterling Bancorp
$22.25 /

-0.515 (-2.26%)

STL Sterling Bancorp
$22.25 /

-0.515 (-2.26%)

Earnings
Sterling Bancorp reports Q2 adjusted EPS 52c, consensus 50c » 16:18
07/21/21
07/21
16:18
07/21/21
16:18
STL

Sterling Bancorp

$21.77 /

+0.11 (+0.51%)

Reports Q2 revenue…

Reports Q2 revenue $128.11M, consensus $221.64M. Reports Q2 tangible book value per share $14.62. Jack Kopnisky, president and CEO, commented: "We are pleased to report strong results for the second quarter of 2021. We maintained a stable net interest margin, our provision for credit losses continued to decline, and we accelerated our investments in key commercial businesses. Adjusted net income available to common stockholders was $100.5 million, or $0.52 per diluted share. Both increased relative to the linked quarter and prior year. Over the past five years our adjusted net income available per diluted common share has grown at a compound annual growth rate ("CAGR") of 14.0% and tangible book value per common share has grown at a CAGR of 14.6%. Our key profitability metrics remained strong, with adjusted return on average tangible assets of 1.46% and adjusted return on average tangible common equity of 14.6%. Adjusted PPNR excluding accretion income was $124.7 million, an increase of approximately 1% over the linked quarter, and an increase of 9.6% increase over the prior year period."

ShowHide Related Items >><<
STL Sterling Bancorp
$21.77 /

+0.11 (+0.51%)

STL Sterling Bancorp
$21.77 /

+0.11 (+0.51%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
STL Sterling Bancorp
$21.77 /

+0.11 (+0.51%)

STL Sterling Bancorp
$21.77 /

+0.11 (+0.51%)

Hot Stocks
Sterling Bancorp makes strategic investment in Verdigris Holdings » 08:12
07/07/21
07/07
08:12
07/07/21
08:12
STL

Sterling Bancorp

$23.46 /

-0.99 (-4.05%)

Sterling Bancorp has made…

Sterling Bancorp has made a strategic investment in Verdigris Holdings, the parent company of BrightFi, a leading provider of digital banking services to banks and non-bank institutions. Founded in 2016, BrightFi delivers cloud-based technology solutions that deploy digital banking and other financial services in a time- and cost-efficient manner. BrightFi partners with regional and community banks, community organizations, employers, retailers, and other institutions to deliver financial services to companies and consumers in communities under banked and underserved by more traditional financial institutions.

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STL Sterling Bancorp
$23.46 /

-0.99 (-4.05%)

STL Sterling Bancorp
$23.46 /

-0.99 (-4.05%)

06/03/21 Raymond James
Webster Financial price target raised to $64 from $59 at Raymond James
05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
STL Sterling Bancorp
$23.46 /

-0.99 (-4.05%)

STL Sterling Bancorp
$23.46 /

-0.99 (-4.05%)

Recommendations
Webster Financial price target raised to $64 from $59 at Raymond James » 07:16
06/03/21
06/03
07:16
06/03/21
07:16
WBS

Webster Financial

$56.91 /

-0.9 (-1.56%)

, STL

Sterling Bancorp

$26.68 /

-0.33 (-1.22%)

Raymond James analyst…

Raymond James analyst William Wallace raised the firm's price target on Webster Financial (WBS) to $64 from $59 and keeps an Outperform rating on the shares. Wallace tells investors in a research note that recent virtual investor meetings with CEO John Ciula and CFO Glen MacInnes were "upbeat," with management "very bullish" on the pending merger with Sterling Bancorp (STL), which it views as opportunistic and transformational.

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WBS Webster Financial
$56.91 /

-0.9 (-1.56%)

STL Sterling Bancorp
$26.68 /

-0.33 (-1.22%)

WBS Webster Financial
$56.91 /

-0.9 (-1.56%)

05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21
Fly Intel: Top five analyst upgrades
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21 B. Riley
Sterling Bancorp downgraded to Neutral from Buy at B. Riley
STL Sterling Bancorp
$26.68 /

-0.33 (-1.22%)

04/20/21
Fly Intel: Top five analyst downgrades
WBS Webster Financial
$56.91 /

-0.9 (-1.56%)

STL Sterling Bancorp
$26.68 /

-0.33 (-1.22%)

STL Sterling Bancorp
$26.68 /

-0.33 (-1.22%)

Hot Stocks
Sterling Bancorp makes strategic investment in Finitive » 08:22
05/19/21
05/19
08:22
05/19/21
08:22
STL

Sterling Bancorp

$26.05 /

-0.59 (-2.21%)

Sterling Bancorp has made…

Sterling Bancorp has made a capital investment in Finitive, a private credit marketplace that provides institutional investors with direct access to private credit transactions. Finitive will use the new capital to accelerate the growth of its automated platform for facilitating private credit transactions. Finitive provides investors with access to a multi-trillion-dollar market that spans a broad spectrum of sectors, including specialty finance, online lending, marketplace lending and private credit funds.

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STL Sterling Bancorp
$26.05 /

-0.59 (-2.21%)

STL Sterling Bancorp
$26.05 /

-0.59 (-2.21%)

05/10/21 Stephens
Dime Community upgraded to Overweight at Stephens following 'solid' Q1
04/22/21 Stephens
Webster Financial upgraded to Overweight from Equal Weight at Stephens
04/20/21
Fly Intel: Top five analyst downgrades
04/20/21 B. Riley
Sterling Bancorp downgraded to Neutral from Buy at B. Riley
STL Sterling Bancorp
$26.05 /

-0.59 (-2.21%)

STL Sterling Bancorp
$26.05 /

-0.59 (-2.21%)

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