Sterling Bancorp, Inc. (Southfield, MI)

NasdaqCM:SBT Stock Report

Market Cap: US$253.1m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Sterling Bancorp (Southfield MI) Management

Management criteria checks 4/4

Sterling Bancorp (Southfield MI)'s CEO is Tom O'Brien, appointed in Jun 2020, has a tenure of 4.83 years. total yearly compensation is $969.59K, comprised of 93.9% salary and 6.1% bonuses, including company stock and options. directly owns 1.11% of the company’s shares, worth $2.82M. The average tenure of the management team and the board of directors is 2.1 years and 4.6 years respectively.

Key information

Tom O'Brien

Chief executive officer

US$969.6k

Total compensation

CEO salary percentage93.9%
CEO tenure4.8yrs
CEO ownership1.1%
Management average tenure2.1yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

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

Feb 19
How Much Did Sterling Bancorp (Southfield MI)'s(NASDAQ:SBT) Shareholders Earn From Share Price Movements Over The Last Three Years?

CEO Compensation Analysis

How has Tom O'Brien's remuneration changed compared to Sterling Bancorp (Southfield MI)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$970kUS$911k

US$2m

Sep 30 2024n/an/a

US$6m

Jun 30 2024n/an/a

US$6m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$4mUS$2m

US$7m

Sep 30 2023n/an/a

-US$16m

Jun 30 2023n/an/a

-US$15m

Mar 31 2023n/an/a

-US$20m

Dec 31 2022US$3mUS$3m

-US$14m

Sep 30 2022n/an/a

US$12m

Jun 30 2022n/an/a

US$21m

Mar 31 2022n/an/a

US$26m

Dec 31 2021US$3mUS$3m

US$23m

Sep 30 2021n/an/a

US$4m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$3mUS$2m

-US$13m

Compensation vs Market: Tom's total compensation ($USD969.59K) is below average for companies of similar size in the US market ($USD1.48M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


CEO

Tom O'Brien (73 yo)

4.8yrs

Tenure

US$969,590

Compensation

Mr. Thomas M. O'Brien, also known as Tom, has been Chairman, President and Chief Executive Officer of Sterling Bank and Trust, FSB and Sterling Bancorp, Inc. since June 03, 2020. He served as Chief Executi...


Leadership Team

NamePositionTenureCompensationOwnership
Thomas O'Brien
Chairman4.8yrsUS$969.59k1.11%
$ 2.8m
Karen Knott
Executive VP3.5yrsUS$638.97k0.25%
$ 637.3k
Christine Meredith
COO, Senior EVP & Director1yrUS$724.55k0.28%
$ 720.0k
Elizabeth Keogh
Chief Legal Officer & Corporate Secretary2.5yrsUS$654.82k0.17%
$ 421.5k
Eleni Willis
Chief Risk Officer1.8yrsUS$439.94k0.10%
$ 260.1k
William Vowler
Senior VP & Director of Retail Banking1.3yrsno datano data
Paul Ciancimino
Senior VP & Senior Commercial Real Estate Lenderno datano datano data

2.1yrs

Average Tenure

49yo

Average Age

Experienced Management: SBT's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas O'Brien
Chairman4.8yrsUS$969.59k1.11%
$ 2.8m
Christine Meredith
COO, Senior EVP & Director1yrUS$724.55k0.28%
$ 720.0k
Michael Donahue
Independent Director3.1yrsUS$115.28k0.014%
$ 35.9k
Denny Kim
Independent Director4.6yrsUS$141.28k0.043%
$ 108.5k
Tracey Dedrick
Lead Independent Director4.3yrsUS$135.28k0.043%
$ 108.5k
Benjamin Wineman
Independent Director12.3yrsUS$105.28k0.076%
$ 191.3k
Peggy Daitch
Independent Director5.3yrsUS$117.28k0.045%
$ 112.7k
Steven Gallotta
Independent Director4.6yrsUS$114.28k0.043%
$ 108.5k
Eboh Okorie
Independent Director3.1yrsUS$97.28k0.014%
$ 35.9k

4.6yrs

Average Tenure

70yo

Average Age

Experienced Board: SBT's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/02 00:40
End of Day Share Price 2025/03/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sterling Bancorp, Inc. (Southfield, MI) is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anthony PoliniAmerican Capital Partners, LLC
Benjamin GerlingerHovde Group, LLC
Nicholas CucharalePiper Sandler Companies