Sterling Bancorp found using ticker (STL) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 20 and 14 calculating the mean target price we have 15.33. With the stocks previous close at 10.54 this is indicating there is a potential upside of 45.4%. The 50 day MA is 11.97 while the 200 day moving average is 14.95. The market cap for the company is $2,221m. Visit the company website at: http://www.sterlingbancorp.com
Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including checking, savings, money market, time, and interest and non-interest bearing demand deposits, as well as certificates of deposit and mortgage escrow funds. It also originates various loans that comprise residential and commercial mortgage loans; commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector finance, and commercial real estate and multi-family loans; consumer loans, such as homeowner loans, home equity lines of credit, new and used automobile loans, mortgage loans, and personal unsecured loans; and acquisition, development, and construction loans. In addition, the company engages in the third-party provider to sell mutual funds and annuities; and provision of annuity and wealth management products. As of December 31, 2019, it operated 82 full-service retail and commercial financial centers, which comprise 21 offices are located in Nassau County, 16 in Suffolk County, 11 in Queens County, seven in Westchester County, nine in Kings County, seven in Rockland County, five in Orange County, New York City, and two in Bronx County, as well as one office each in Sullivan and Ulster Counties in New York; and one office in Bergen County, New Jersey. Sterling Bancorp was founded in 1888 and is headquartered in Montebello, New York.