Recap: Sterling Bancorp Q3 Earnings

Sterling Bancorp SBT reported its Q3 earnings results on Monday, October 31, 2022 at 07:30 AM.

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

Earnings

Sterling Bancorp missed estimated earnings by 50.0%, reporting an EPS of $0.02 versus an estimate of $0.04.

Revenue was down $5.51 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 0.67% increase in the share price the next day.

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

To track all earnings releases for Sterling Bancorp visit their earnings calendar here.

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