Sterling Bancorp: Q4 Earnings Insights

Sterling Bancorp STL reported its Q4 earnings results on Wednesday, January 19, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Sterling Bancorp beat estimated earnings by 23.08%, reporting an EPS of $0.64 versus an estimate of $0.52, which surprised analysts.

Revenue was up $4.67 million from the same period last year.

Last quarter the company beat on EPS by $0.01, which was followed by a 2.16% drop in the share price the next day.

Here's a look at Sterling Bancorp's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.51	0.50	0.46	0.46
EPS Actual	0.52	0.52	0.51	0.49
Revenue Estimate	221.30M	221.64M	220.48M	219.56M
Revenue Actual	213.84M	218.53M	211.77M	222.03M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.