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Sterling Bancorp: Q3 Earnings Snapshot

Sterling Bancorp: Q3 Earnings Snapshot

By AP News
Published - Oct 30, 2024, 08:10 AM ET
Last Updated - Dec 16, 2024, 05:51 PM EST

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Sterling Bancorp Inc. (SBT) on Wednesday reported a loss of $143,000 in its third quarter.

The Southfield, Michigan-based bank said it had break-even earnings on a per-share basis.

The bank holding company posted revenue of $34.7 million in the period. Its revenue net of interest expense was $14 million, beating Street forecasts.

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