$STL News

Last published 3y ago

3y agoOTCM PAYO WBS STLPayoneer Announces CFO Transition and Provides Update on 2022 Financial ResultsBusiness WireBea Ordonez to be Successor for Michael Levine Payoneer Global Inc. ("Payoneer" or the "Company") (NASDAQ:PAYO), the financial technology company empowering the world's small businesses to transact, do business and
4y agoCMP EEFT EXC FIBK+9Constellation Energy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600PR NewswireNEW YORK, Jan. 26, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600: Constellation Energy Corp. (NASD:CEG) will replace The Gap Inc. (NYSE:GPS) in the S&P 500, The Gap will
4y agoSTLSterling Bancorp announces results for the fourth quarter and full year of 2021. Reporting record diluted earnings per share available to common stockholders in the fourth quarter of 2021 of $0.57 (as reported) and $0.64 (as adjusted).GlobeNewswireKey Performance Highlights GAAP net income available to common stockholders was $109.6 million. Adjusted net income was $121.9 million, an all-time high, and an increase of 22.4% over the linked quarter. Adjusted PPNR, excluding accretion income,
4y agoSTLSterling Bancorp Declares Quarterly Dividend of $0.07 per ShareGlobeNewswirePEARL RIVER, N.Y., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payab
4y agoSTLSterling National Bank Announces Its Participation in the USDF Consortium™GlobeNewswirePEARL RIVER, N.Y., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Sterling National Bank ("Sterling"), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE:STL) announced today its participation in the USDF ConsortiumTM, an association of FDIC-insu
4y agoSTLSterling Bancorp Announces Strategic Investment in JAM FINTOP Blockchain, LPGlobeNewswirePEARL RIVER, N.Y., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL) ("Sterling"), today announced an investment in JAM FINTOP Blockchain, LP (the "fund"), a venture fund that will focus its investments on blockchain infrastructure provider
4y agoSTLSterling Bancorp to Announce Fourth Quarter and Full Year 2021 ResultsGlobeNewswirePEARL RIVER, N.Y., Jan. 07, 2022 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that it plans to release results for the fourth quarter and full year ended December 31, 2021 after the mark
4y agoSTL WBSKBRA Assigns Ratings to Webster Financial CorporationBusiness WireKBRA assigns a senior unsecured debt rating of A-, a subordinated debt rating of BBB+, a preferred stock rating of BBB, and a short-term debt rating of K2 to Connecticut-based Webster Financial Corporation (NYSE:WBS) ("Webster" or "the company"). In add
4y agoSTL WBSWebster, Sterling Announce Receipt of all Required Regulatory Approvals for MergerGlobeNewswireWATERBURY, Conn. and PEARL RIVER, N.Y., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Webster Financial Corporation (NYSE:WBS) ("Webster") and Sterling Bancorp (NYSE:STL) ("Sterling") jointly announced today that Webster has received regulatory approval from the B
4y agoSTL WBSWEBSTER, STERLING ANNOUNCE RECEIPT OF ALL REQUIRED REGULATORY APPROVALS FOR MERGERPR NewswireWATERBURY, Conn. and PEARL RIVER, N.Y., Dec. 20, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS) ("Webster") and Sterling Bancorp (NYSE:STL) ("Sterling") jointly announced today that Webster has received regulatory approval from the Board
4y agoSTLSterling Bancorp Announces Strategic Investment in GoalsetterGlobeNewswirePEARL RIVER, N.Y., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL) today announced it has made a strategic investment in Goalsetter, an innovative mobile banking company aimed at promoting financial literacy and empowerment amongst K-12 s
4y agoSTL STLPRASterling Bancorp Declares Quarterly Dividend on Preferred StockGlobeNewswirePEARL RIVER, N.Y., Dec. 10, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each de
5y agoSTLSterling Bancorp Announces Strategic Investment in FinTron LLCGlobeNewswirePEARL RIVER, N.Y., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL) ("Sterling") today announced a strategic investment in FinTron LLC ("FinTron"), a FinTech company providing a range of digitally enabled banking and investment services to
5y agoSTLSterling National Bank Goes Live with Cashfac's Escrow Account PlatformGlobeNewswirePEARL RIVER, N.Y. and LONDON, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank ("Sterling"), the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE:STL) and Cashfac, a leading global financial technology company specialising in o
5y agoSTLSterling Bancorp (STL) Q3 2021 Earnings Call TranscriptEarnings Call TranscriptsSTL earnings call for the period ending September 30, 2021.
5y agoSTLSterling Bancorp announces results for the third quarter and first nine months of 2021. Diluted earnings per share available to common stockholders in the third quarter of 2021 of $0.49 (as reported) and $0.52 (as adjusted).GlobeNewswireKey Performance Highlights GAAP net income available to common stockholders was $93.7 million. Adjusted net income was $99.6 million compared to $100.4 million in the linked quarter. Reported net interest margin excluding accretion income1 was 3.25
5y agoSTLSterling Bancorp Declares Quarterly Dividend of $0.07 per ShareGlobeNewswirePEARL RIVER, N.Y., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payab
5y agoSTLSterling Bancorp to Announce Third Quarter 2021 ResultsGlobeNewswirePEARL RIVER, N.Y., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that it plans to release results for the third quarter ended September 30, 2021 after the market close on We
5y agoABCB CADE FBC FBP+23KBW Announces Index Rebalancing for Third-Quarter 2021GlobeNewswireNEW YORK, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming in
5y agoSTLSterling Bancorp Announces Strategic Investment in Texture Capital Holdings Corp., an Institutional Marketplace for Private CapitalGlobeNewswirePEARL RIVER, N.Y., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL) ("Sterling"), today announced a strategic investment in Texture Capital Holdings Corp., which through its wholly-owned subsidiary Texture Capital, Inc. (together, "Textur
5y agoSTL WBSWebster, Sterling Stockholders Approve MergerGlobeNewswireWATERBURY, Conn. and PEARL RIVER, N.Y., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Webster Financial Corporation (NYSE:WBS) ("Webster") and Sterling Bancorp (NYSE:STL) ("Sterling") jointly announced that each company's stockholders have approved the proposed me
5y agoSTL WBSWebster, Sterling Stockholders Approve MergerPR NewswireWATERBURY, Conn. and PEARL RIVER, N.Y., Aug. 17, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS) ("Webster") and Sterling Bancorp (NYSE:STL) ("Sterling") jointly announced that each company's stockholders have approved the proposed merger
5y agoSTL STLPRASterling Bancorp Declares Quarterly Dividend on Preferred StockGlobeNewswirePEARL RIVER, N.Y., July 30, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each de
5y agoSTLSterling Bancorp (STL) Q2 2021 Earnings Call TranscriptEarnings Call TranscriptsSTL earnings call for the period ending June 30, 2021.
5y agoSTLSterling Bancorp announces results for the second quarter and first half of 2021. Diluted earnings per share available to common stockholders in the second quarter of 2021 of $0.50 (as reported) and $0.52 (as adjusted).GlobeNewswireKey Performance Highlights GAAP net income available to common stockholders was $96.4 million. Adjusted net income increased to $100.5 million from $97.6 million in the linked quarter. Reported net interest margin excluding accretion income1 of 3.3
5y agoSTLSterling Bancorp Declares Quarterly Dividend of $0.07 per ShareGlobeNewswirePEARL RIVER, N.Y., July 21, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payab
5y agoSTLSterling Bancorp to Announce Second Quarter 2021 ResultsGlobeNewswirePEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that it plans to release results for the second quarter ended June 30, 2021 after the market close on Wednes
5y agoSTLSterling Bancorp Announces Strategic Investment in Verdigris Holdings, Inc, Parent Company of BrightFiGlobeNewswirePEARL RIVER, N.Y., July 07, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), today announced it has made a strategic investment in Verdigris Holdings, Inc, the parent company of BrightFi, a leading provider of digital banking services to banks and
5y agoSTL STLPRASterling Bancorp Declares Quarterly Dividend on Preferred StockGlobeNewswirePEARL RIVER, N.Y., June 01, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each de
5y agoSTLFinitive Receives Strategic Investment from Sterling BancorpPR NewswireNEW YORK, May 19, 2021 /PRNewswire/ -- Finitive, the leading data-driven private credit marketplace that provides institutional investors with direct access to private credit transactions, today announced that it has received a capital investment from S
5y agoSTLSterling Bancorp Announces Strategic Investment in Finitive, a Leading Private Credit MarketplaceGlobeNewswirePEARL RIVER, N.Y., May 19, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), today announced it has made a capital investment in Finitive, a New York based financial technology firm. Founded in 2017, Finitive operates a data-driven platform that pr
5y agoSTLSterling National Bank announces that "Skye", its Cognitive Customer Service Agent, has successfully handled more than two million customer inquiriesGlobeNewswireNEW YORK and PEARL RIVER, N.Y., May 12, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp, today announced that following the June 2020 implementation of Amelia, the industry leading Digital
5y agoKNL PPD STL WRIMoore Kuehn Encourages PPD, WRI, STL, and KNL Investors to Contact Law FirmGlobeNewswireNEW YORK, April 27, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair
5y agoSTL WBSWebster + Sterling: Creating Scale, Unlocking Growth and ValueGlobeNewswireUniting strong banks with complementary strategies to create a powerhouse Northeast player with $63 billion in assets and $52 billion in deposits Unlocking compelling revenue growth opportunities in commercial lending, health savings, fee-based busines
5y agoSTLSterling Bancorp announces results for the first quarter of 2021 with diluted earnings per share available to common stockholders of $0.50 (as reported) and $0.51 (as adjusted).GlobeNewswireKey Performance Highlights GAAP EPS increased $0.12 and adjusted EPS increased $0.02 over the linked quarter. Net interest margin excluding accretion income1 of 3.30%, an increase of five basis points ("bps") over the linked quarter. Cost of fundin
5y agoSTLSterling Bancorp Declares Quarterly Dividend of $0.07 per ShareGlobeNewswirePEARL RIVER, N.Y., April 19, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is paya
5y agoSTL WBSWebster + Sterling: Creating Scale, Unlocking Growth and ValuePR NewswireWATERBURY, Conn. and PEARL RIVER, N.Y., April 19, 2021 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS) ("Webster") and Sterling Bancorp (NYSE:STL) ("Sterling") jointly announced today that their boards of directors have approved by unanimous vo
5y agoSTLSterling Bancorp to Announce First Quarter 2021 ResultsGlobeNewswirePEARL RIVER, N.Y., April 12, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the first...
5y agoSTLSterling National Bank Signs Banking as a Service Agreement with BrightFiGlobeNewswirePEARL RIVER, N.Y., April 12, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), today announced it has entered into a...
5y agoSTLSterling National Bank Signs Agreement with Rho TechnologiesGlobeNewswirePEARL RIVER, N.Y., April 05, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), today announced a Banking as a Service...
5y agoSTLSterling Bancorp Announces Redemption of Sterling National Bank Subordinated Notes due April 1, 2026GlobeNewswirePEARL RIVER, N.Y., April 01, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), the parent company of Sterling National Bank (the “Bank”), today announced the Bank completed the...
5y agoSTLSterling Bancorp Declares Quarterly Dividend on Preferred StockGlobeNewswirePEARL RIVER, N.Y., March 15, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly...
5y agoSTLSterling National Bank Collaborates with Google Pay to Expand Digital Banking CapabilitiesGlobeNewswirePEARL RIVER, N.Y., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) today announced that it is working with Google...
5y agoSTLSterling National Bank Partners with Goalsetter to Bring Savings Accounts to One Million Students in Underserved CommunitiesGlobeNewswirePEARL RIVER, N.Y., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), today announced that it is partnering with...
5y agoSTLSterling Bancorp announces results for the fourth quarter and full year 2020. Diluted income per share available to common stockholders in the fourth quarter of $0.38 (as reported) and $0.49 (as adjusted).GlobeNewswireKey Performance Highlights Adjusted PPNR excluding accretion income1, 2 of $130.3 million; increased $7.0 million, or 5.7% over linked quarter.Adjusted total revenue1 was $256.1 million; an increase...
5y agoSTLSterling Bancorp Declares Quarterly Dividend of $0.07 per ShareGlobeNewswirePEARL RIVER, N.Y., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly...
5y agoSTLSterling Bancorp Announces Senior Management Changes; Luis Massiani to Transition to COO, Bea Ordonez to Join as CFOGlobeNewswirePEARL RIVER, N.Y., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), parent company of Sterling National Bank (the “Bank”), announced today that Luis Massiani will...
5y agoSTLSterling Bancorp Declares Quarterly Dividend on Preferred StockGlobeNewswirePEARL RIVER, N.Y., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly...
6y agoSTLSterling Bancorp Closes $225 Million Subordinated Notes OfferingGlobeNewswirePEARL RIVER, N.Y., Oct. 30, 2020 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), the parent holding company of Sterling National Bank, announced today the closing of its...
6y agoSTLSterling Bancorp Announces Pricing of $225 Million Subordinated Notes OfferingGlobeNewswirePEARL RIVER, N.Y., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) (the “Company”), the parent holding company of Sterling National Bank, announced today that it has priced $225...