Sterling Bancorp (NASDAQ: SBT) is one of 93 publicly-traded companies in the “Federal savings institutions” industry, but how does it contrast to its rivals? We will compare Sterling Bancorp to similar businesses based on the strength of its risk, profitability, valuation, earnings, institutional ownership, analyst recommendations and dividends.
Sterling Bancorp pays an annual dividend of $0.04 per share and has a dividend yield of 0.4%. Sterling Bancorp pays out 3.3% of its earnings in the form of a dividend. As a group, “Federal savings institutions” companies pay a dividend yield of 2.5% and pay out 35.5% of their earnings in the form of a dividend.
31.3% of Sterling Bancorp shares are owned by institutional investors. Comparatively, 39.6% of shares of all “Federal savings institutions” companies are owned by institutional investors. 3.0% of Sterling Bancorp shares are owned by company insiders. Comparatively, 9.5% of shares of all “Federal savings institutions” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Earnings and Valuation
This table compares Sterling Bancorp and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Sterling Bancorp||$183.81 million||$63.47 million||8.23|
|Sterling Bancorp Competitors||$903.94 million||$212.26 million||15.84|
Sterling Bancorp’s rivals have higher revenue and earnings than Sterling Bancorp. Sterling Bancorp is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
Sterling Bancorp has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500. Comparatively, Sterling Bancorp’s rivals have a beta of 0.51, suggesting that their average stock price is 49% less volatile than the S&P 500.
This table compares Sterling Bancorp and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Sterling Bancorp Competitors||16.97%||8.59%||0.91%|
This is a breakdown of recent ratings and price targets for Sterling Bancorp and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Sterling Bancorp Competitors||523||1435||1231||86||2.27|
Sterling Bancorp currently has a consensus target price of $13.50, indicating a potential upside of 36.78%. As a group, “Federal savings institutions” companies have a potential upside of 13.50%. Given Sterling Bancorp’s stronger consensus rating and higher possible upside, equities analysts plainly believe Sterling Bancorp is more favorable than its rivals.
Sterling Bancorp beats its rivals on 8 of the 15 factors compared.
About Sterling Bancorp
Sterling Bancorp, Inc. is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services. Sterling also has an operations center and a branch in Southfield, Michigan. Sterling was named as the top performing community bank in the United States with total assets between $1 billion and $10 billion in 2017 by SNL/S&P Global Market Intelligence.
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