STL · Sterling Bancorp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $4.58M | - | - | - | $5.03M | - | - | - |
| Operating Income | $96.69M | $122.86M | $122.11M | - | $96.69M | $57.90M | $6.11M | - | $155.00M | $120.46M |
| Interest Expense | $11.25M | $11.78M | $15.93M | - | $26.83M | $39.93M | $61.76M | - | $71.89M | $70.62M |
| Income Tax | $25.75M | $24.52M | $22.95M | - | $12.28M | $7.11M | ($8.04M) | - | $32.55M | $24.00M |
| Net Income | $95.67M | $98.34M | $99.15M | - | $84.41M | $50.79M | $14.15M | - | $122.45M | $96.46M |
| EPS - Basic | $0.49 | $0.50 | $0.51 | - | $0.43 | $0.25 | $0.06 | - | $0.59 | $0.46 |
| EPS - Diluted | $0.49 | $0.50 | $0.50 | - | $0.43 | $0.25 | $0.06 | - | $0.59 | $0.46 |
Balance Sheet
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $929.32M | $487.41M | $935.63M | $305.00M | $437.56M | $324.73M | $348.64M | $329.15M | $545.60M | $445.19M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $30.03B | $29.14B | $29.91B | $29.82B | $30.62B | $30.84B | $30.34B | $30.59B | $30.08B | $30.24B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $523.41M | $518.02M | $667.50M | $1.32B | $993.53M | $2.01B | $2.60B | $2.89B | $3.17B | $4.13B |
| Total Liabilities | $25.23B | $24.42B | $25.29B | $25.23B | $26.06B | $26.36B | $25.91B | $26.06B | $25.56B | $25.78B |
| Stockholders' Equity | $4.80B | $4.72B | $4.62B | $4.59B | $4.56B | $4.48B | $4.48B | $4.53B | $4.52B | $4.46B |
| Retained Earnings | $1.54B | $1.46B | $1.38B | $1.29B | $1.23B | $1.16B | $1.13B | $1.17B | $1.08B | $969.12M |
Cash Flow
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $242.33M | - | - | - | $2.51M | - | - | - |
| Investing Cash Flow | - | - | $346.58M | - | - | - | $222.19M | - | - | - |
| Financing Cash Flow | - | - | $41.73M | - | - | - | ($205.21M) | - | - | - |
| CapEx | - | - | $5.59M | - | - | - | $8.37M | - | - | - |
| Free Cash Flow | - | - | $236.74M | - | - | - | ($5.87M) | - | - | - |
Ratios
| Metric | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | 2.39 | - | - | - | -0.41 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 21.2% | 20.0% | 18.8% | - | 12.7% | 12.3% | -131.7% | - | 21.0% | 19.9% |
| Return on assets | 0.3% | 0.3% | 0.3% | - | 0.3% | 0.2% | 0.0% | - | 0.4% | 0.3% |
| Return on equity | 2.0% | 2.1% | 2.1% | - | 1.9% | 1.1% | 0.3% | - | 2.7% | 2.2% |
| Return on invested capital | 1.4% | 1.9% | 1.9% | - | 1.5% | 0.8% | 0.1% | - | 1.6% | 1.1% |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.11 | 0.11 | 0.14 | 0.29 | 0.22 | 0.45 | 0.58 | 0.64 | 0.70 | 0.93 |
| Debt / Assets | 0.02 | 0.02 | 0.02 | 0.04 | 0.03 | 0.07 | 0.09 | 0.09 | 0.11 | 0.14 |
| Debt / EBITDA | - | - | 5.27 | - | - | - | 233.30 | - | - | - |
| Interest coverage | 8.6x | 10.4x | 7.7x | - | 3.6x | 1.5x | 0.1x | - | 2.2x | 1.7x |
| Equity multiplier | 6.26 | 6.17 | 6.47 | 6.50 | 6.72 | 6.88 | 6.78 | 6.75 | 6.65 | 6.78 |
| Liabilities / Assets | 0.84 | 0.84 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 0.0% | 112.2% | 1900.1% | - | -37.6% | -51.9% | -95.3% | - | 5.6% | -17.6% |
| Net income growth (YoY) | 13.3% | 93.6% | 600.9% | - | -31.1% | -47.3% | -86.1% | - | 2.3% | -15.6% |
| EPS growth (YoY) | 14.0% | 100.0% | 733.3% | - | -27.1% | -45.7% | -87.2% | - | 13.5% | -8.0% |
| EPS CAGR (3y) | -2.0% | 0.0% | 5.2% | - | 9.2% | -6.9% | -40.9% | - | 26.7% | 16.6% |
| EPS CAGR (5y) | 11.1% | 11.5% | 22.7% | - | 17.7% | - | -20.6% | - | 26.8% | 30.8% |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.3% | 5.3% | 3.2% | 1.3% | 0.8% | 0.6% | 1.3% | 2.3% | 1.9% | 2.4% |
Peer comparison
Same SIC group: National Commercial Banks
Comparing STERLING BANCORP against the 5 most active filers in the same SIC group.