Sterling Bancorp (Southfield MI) Future Growth

Future criteria checks 0/6

Sterling Bancorp (Southfield MI)'s revenue and earnings are forecast to decline at 7.9% and 3.9% per annum respectively while EPS is expected to decline by 3.4% per annum.

Key information

-3.9%

Earnings growth rate

-3.4%

EPS growth rate

Banks earnings growth	7.8%
Revenue growth rate	-7.9%
Future return on equity	n/a
Analyst coverage	Low
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

Sterling Bancorp EPS beats by $0.01, misses on revenue

May 03

How Much Did Sterling Bancorp (Southfield MI)'s(NASDAQ:SBT) Shareholders Earn From Share Price Movements Over The Last Three Years?

Feb 19

Sterling Bancorp EPS misses by $0.24, beats on revenue

Feb 01

Earnings and Revenue Growth Forecasts

NasdaqCM:SBT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	64	7	N/A	N/A	1
12/31/2024	60	5	N/A	N/A	1
3/31/2024	74	8	N/A	N/A	N/A
12/31/2023	76	7	-25	-25	N/A
9/30/2023	76	-16	-30	-30	N/A
6/30/2023	81	-15	-3	-3	N/A
3/31/2023	80	-20	-3	-2	N/A
12/31/2022	90	-14	2	2	N/A
9/30/2022	103	12	3	2	N/A
6/30/2022	103	21	17	17	N/A
3/31/2022	108	26	29	29	N/A
12/31/2021	105	23	30	31	N/A
9/30/2021	72	4	27	29	N/A
6/30/2021	72	-6	12	15	N/A
3/31/2021	71	-7	12	14	N/A
12/31/2020	55	-13	8	9	N/A
9/30/2020	89	-15	12	13	N/A
6/30/2020	97	-1	45	46	N/A
3/31/2020	106	10	47	48	N/A
12/31/2019	133	29	59	61	N/A
9/30/2019	136	59	72	74	N/A
6/30/2019	138	61	63	66	N/A
3/31/2019	140	63	61	64	N/A
12/31/2018	139	63	57	61	N/A
9/30/2018	132	54	50	53	N/A
6/30/2018	129	50	47	50	N/A
3/31/2018	118	43	39	41	N/A
12/31/2017	111	38	N/A	44	N/A
9/30/2017	102	38	N/A	47	N/A
6/30/2017	95	35	N/A	46	N/A
3/31/2017	93	35	N/A	43	N/A
12/31/2016	89	33	N/A	29	N/A
12/31/2015	66	23	N/A	24	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBT's earnings are forecast to decline over the next 3 years (-3.9% per year).

Earnings vs Market: SBT's earnings are forecast to decline over the next 3 years (-3.9% per year).

High Growth Earnings: SBT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SBT's revenue is expected to decline over the next 3 years (-7.9% per year).

High Growth Revenue: SBT's revenue is forecast to decline over the next 3 years (-7.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SBT's Return on Equity is forecast to be high in 3 years time

Sterling Bancorp (Southfield MI) Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 13% to US$7.00

Consensus EPS estimates increase by 16%

Consensus forecasts updated

Consensus EPS estimates fall by 53%

Price target increased to US$7.67

Price target increased to US$7.08

Recent updates

New major risk - Revenue and earnings growth

New minor risk - Shareholder dilution

First quarter 2024 earnings released: US$0.004 loss per share (vs US$0.01 loss in 1Q 2023)

New major risk - Revenue and earnings growth

Sterling Bancorp, Inc. (Southfield, MI) to Report Q1, 2024 Results on Apr 24, 2024

Sterling Bancorp, Inc. (Southfield, MI), Annual General Meeting, May 16, 2024

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 13% to US$7.00

Sterling Bancorp, Inc. (Southfield, MI) to Report Q4, 2023 Results on Jan 24, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

Sterling Bancorp, Inc. (Southfield, MI) to Report Q3, 2023 Results on Oct 25, 2023

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Sterling Bancorp, Inc. Plea Agreement with DOJ Receives Final Court Approval

Sterling Bancorp, Inc. (Southfield, MI) to Report Q2, 2023 Results on Jul 26, 2023

An unknown buyer acquired Non Performing and Chronically Delinquent Residential Real Estate Loans of Sterling Bancorp, Inc. (Southfield, MI) (NasdaqCM:SBT) for $36.1 million.

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 16%

Investor sentiment deteriorates as stock falls 25%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Sterling Bancorp, Inc. (Southfield, MI) to Report Q4, 2022 Results on Jan 30, 2023

High number of new and inexperienced directors

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Sterling Bancorp, Inc. (Southfield, MI) to Report Q3, 2022 Results on Oct 31, 2022

Sterling Bancorp, Inc. Shareholder Demand Settlement Approved by Court

Consensus EPS estimates fall by 53%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Sterling Bancorp, Inc. (Southfield, MI) to Report Q2, 2022 Results on Aug 15, 2022

Price target increased to US$7.67

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

High number of new directors

Sterling Bancorp, Inc. (Southfield, MI) to Report Q1, 2022 Results on May 02, 2022

Sterling Bancorp, Inc. (Southfield, MI), Annual General Meeting, May 19, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased to US$7.08

Consensus EPS estimates increase by 13%

Consensus EPS estimates fall by 28%

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released: EPS US$0.19 (vs US$0.002 loss in 3Q 2020)

CFO & Treasurer Stephen Huber has left the company

Second quarter 2021 earnings released: EPS US$0.051 (vs US$0.058 in 2Q 2020)

Sterling Bancorp, Inc. (Southfield, MI)(NasdaqCM:SBT) dropped from Russell 3000E Value Index

First quarter 2021 earnings released: EPS US$0.047 (vs US$0.081 loss in 1Q 2020)

Sterling Bancorp EPS beats by $0.01, misses on revenue

Sterling Bancorp, Inc. Settles Securities Class Action Lawsuit

Full year 2020 earnings released: US$0.26 loss per share (vs US$0.57 profit in FY 2019)

New 90-day high: US$5.42

Price target raised to US$5.92

How Much Did Sterling Bancorp (Southfield MI)'s(NASDAQ:SBT) Shareholders Earn From Share Price Movements Over The Last Three Years?

Full year 2020 earnings released: US$0.26 loss per share (vs US$0.57 profit in FY 2019)

Revenue beats expectations, earnings disappoint

Sterling Bancorp, Inc. Settles Securities Class Action Lawsuit

Sterling Bancorp EPS misses by $0.24, beats on revenue

Sterling Bancorp, Inc. (Southfield, MI) to Report Q4, 2020 Results on Feb 01, 2021

New 90-day high: US$5.24

New 90-day high: US$4.50

Sterling Bancorp, Inc. and Sterling Bank and Trust, FSB Announce Board Changes

New 90-day high: US$4.18

Third quarter 2020 earnings released: US$0.002 loss per share

Price target lowered to US$6.00

Sterling Bancorp, Inc. (Southfield, MI), Annual General Meeting, Dec 04, 2020

Sterling Bancorp, Inc. (Southfield, MI) to Report Q3, 2020 Results on Oct 28, 2020

Sterling Bancorp, Inc. and Sterling Bank and Trust, FSB Announce Board Resignations

Sterling Bancorp, Inc. Announces Executive Appointments

Sterling Bancorp, Inc. (Southfield, MI)(NasdaqCM:SBT) dropped from S&P Global BMI Index

Sterling Bancorp, Inc. (Southfield, MI) Announces Receipt of Staff Delisting Determination from Nasdaq; Intends to Request Hearing

Sterling Bancorp Announces Nasdaq Notification of Deficiency