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SOUTHFIELD, Mich. (AP) _ Sterling Bancorp Inc. (SBT) on Monday reported a loss of $194,000 in its fourth quarter.
The bank, based in Southfield, Michigan, said it had break-even earnings on a per-share basis.
The bank holding company posted revenue of $27.5 million in the period. Its revenue net of interest expense was $18.8 million, which missed Street forecasts.
For the year, the company reported profit of $4 million, or 8 cents per share. Revenue was reported as $80.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SBT">Zacks stock report on SBT at https://www.zacks.com/ap/SBT