Sterling Bancorp Revenue, Profits - STL Annual Income Statement

Add to My Stocks
$22.9 $0.3 (1.29%) STL stock closing price Jul 13, 2018 (Closing)

Fundamental analysis of STL stock involves analyzing its financial statements, apart from checking the Sterling Bancorp stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the STL stock is bound to reflect the impact of the YOY growth of 40.21%. Revenue for year 2017 is $746.65M and has increased from $532.53M year on year as is evident when you compare the latest figures in the latest Sterling Bancorp profit and loss statement with those of the prior corresponding period. Also see Sterling Bancorp assets and Sterling Bancorp free cash flow for a complete valuation of STL stock.

View revenue and profit details for latest and last 10 financial years.
show more
Quarterly
Annual
View Previous Years
View Next Years
Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Sterling Bancorp Revenues or Net Sales
746.65M532.53M410.89M82.04M61.85M40.8M35.34M38.94M38.51M41.64M
Cost Of Goods Sold (COGS)56.11M33.18M17.47M2.81M1.83M2.09M1.31M1.64M2.79M5.8M
Sterling Bancorp Gross Profit
690.54M499.34M393.41M79.22M60.02M38.7M34.03M37.3M35.72M35.83M
Research & Development Expense----------
Selling General & Admin Expense302.02M255.22M248.89M46.43M42.86M25.49M22.1M22.95M21.9M21.15M
Income Before Depreciation Depletion Amortization388.51M244.12M144.51M32.78M17.16M13.21M11.93M14.34M13.82M14.68M
Depreciation Depletion Amortization13M12.41M10.04M1.87M1.87M-----
Non Operating Income-65.87M-17.07M--13.09M-----
Interest Expense50.19M24.09M19.44M5.03M5M3.12M3.61M4.23M4.74M5.01M
Sterling Bancorp Pretax Income
180.97M207.35M97.94M25.38M-20.95M10.08M7.74M9.69M8.58M9.08M
Provision for Income Taxes87.93M67.38M31.83M8.37M-6.94M3.06M2.02M2.97M2.41M2.79M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations93.03M139.97M66.11M17M-14M7.02M5.71M6.72M6.16M6.29M
Extraordinary Items & Discontinued Operations----------
Sterling Bancorp Profit/ Loss (Net Income)
93.03M139.97M66.11M17M-14M7.02M5.71M6.72M6.16M6.29M
Average Shares used to compute Diluted EPS158.12M130.61M110.33M80.53M43.76M38.25M37.45M38.19M38.71M39.23M
Average Shares used to compute Basic EPS157.51M130.61M109.91M80.27M43.72M38.23M37.45M38.16M38.54M38.91M
Income Before Nonrecurring Items222.04M145.52M105.4M57.84M27.55M24.39M12.09M20.49M25.86M23.78M
Income from Nonrecurring Items-129.01M-5.55M-39.28M-30.16M-2.3M-4.5M-0.35M---
Sterling Bancorp Earnings Per Share Basic Net
0.581.070.600.340.580.520.310.540.670.61
Sterling Bancorp Earnings Per Share Diluted Net
0.581.070.600.340.580.520.310.540.670.61
EPS Diluted Before Nonrecurring Items1.401.110.960.720.630.640.320.540.670.61
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.280.280.280.280.240.240.240.240.240.24
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

The key things to look for in an income statement while doing Sterling Bancorp stock analysis are:

  • Topline: A growing topline, as seen from the Sterling Bancorp revenue chart, as is the case with Sterling Bancorp indicates a growing business. One needs to compare the YoY topline or sales growth of STL stock with its peers like SBNY stock and WBS stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $93.03M for Sterling Bancorp for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The STL financials along with Sterling Bancorp historical stock prices provide a lot of details about the firm.

Sterling Bancorp Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
25.5
PS Ratio (price sales ratio)
5.74
Operating Margin
50.4
Net Profit Margin
33
Dividend Yield
1.21%