Sterling Bancorp (Southfield MI) Management
Management criteria checks 1/4
Sterling Bancorp (Southfield MI)'s CEO is Tom O'Brien, appointed in Jun 2020, has a tenure of 4.67 years. total yearly compensation is $4.06M, comprised of 49.6% salary and 50.4% bonuses, including company stock and options. directly owns 1.06% of the company’s shares, worth $2.62M. The average tenure of the management team and the board of directors is 2 years and 4.4 years respectively.
Key information
Tom O'Brien
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 49.6% |
| CEO tenure | 4.7yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2yrs |
| Board average tenure | 4.4yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$2m |
| Sep 30 2024 | n/a | n/a | US$6m |
| Jun 30 2024 | n/a | n/a | US$6m |
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$4m | US$2m | US$7m |
| Sep 30 2023 | n/a | n/a | -US$16m |
| Jun 30 2023 | n/a | n/a | -US$15m |
| Mar 31 2023 | n/a | n/a | -US$20m |
| Dec 31 2022 | US$3m | US$3m | -US$14m |
| Sep 30 2022 | n/a | n/a | US$12m |
| Jun 30 2022 | n/a | n/a | US$21m |
| Mar 31 2022 | n/a | n/a | US$26m |
| Dec 31 2021 | US$3m | US$3m | US$23m |
| Sep 30 2021 | n/a | n/a | US$4m |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | n/a | n/a | -US$7m |
| Dec 31 2020 | US$3m | US$2m | -US$13m |
Compensation vs Market: Tom's total compensation ($USD4.06M) is above average for companies of similar size in the US market ($USD1.39M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Tom O'Brien (73 yo)
4.7yrs
Tenure
US$4,064,239
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.7yrs | US$4.06m | 1.06% $ 2.6m | |
| Executive VP | 3.3yrs | US$881.34k | 0.34% $ 828.2k | |
| COO, Senior EVP & Director | less than a year | US$887.49k | 0.37% $ 916.8k | |
| Chief Legal Officer & Corporate Secretary | 2.3yrs | US$884.46k | 0.28% $ 693.4k | |
| Senior VP & Director of Retail Banking | 1.1yrs | no data | no data | |
| Chief Risk Officer | 1.6yrs | no data | 0.13% $ 317.0k | |
| Senior VP & Senior Commercial Real Estate Lender | no data | no data | no data |
2.0yrs
Average Tenure
50yo
Average Age
Experienced Management: SBT's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.7yrs | US$4.06m | 1.06% $ 2.6m | |
| COO, Senior EVP & Director | less than a year | US$887.49k | 0.37% $ 916.8k | |
| Independent Director | 2.9yrs | US$124.18k | 0.029% $ 70.8k | |
| Independent Director | 4.4yrs | US$156.18k | 0.057% $ 141.6k | |
| Lead Independent Director | 4.2yrs | US$150.18k | 0.057% $ 141.6k | |
| Independent Director | 12.1yrs | US$120.18k | 0.090% $ 222.3k | |
| Independent Director | 5.2yrs | US$132.18k | 0.059% $ 145.7k | |
| Independent Director | 4.4yrs | US$120.18k | 0.057% $ 141.6k | |
| Independent Director | 2.9yrs | US$112.18k | 0.029% $ 70.8k |
4.4yrs
Average Tenure
71yo
Average Age
Experienced Board: SBT's board of directors are considered experienced (4.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/04 17:31 |
| End of Day Share Price | 2025/02/04 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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Industry and Sector Metrics
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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.
| Analyst | Institution |
|---|---|
| Anthony Polini | American Capital Partners, LLC |
| Benjamin Gerlinger | Hovde Group, LLC |
| Nicholas Cucharale | Piper Sandler Companies |