Sterling Bancorp

Sterling Bancorp, listed on the NYSE under the symbol STL, is a regional bank holding company whose principal subsidiary, Sterling National Bank, specializes in providing financial services and solutions to business owners, their families, and consumers within the communities it serves. The bank operates through teams of dedicated and experienced relationship managers, focusing on delivering a superior client experience. Sterling Bancorp aims to increase shareholder value, serve its communities, and create a workplace where talent and initiative can thrive.

Sterling Bancorp serves a diverse range of clients, including small to medium-sized businesses, individual consumers, and families. The bank operates primarily in the regional market, offering a variety of financial products and services such as loans, deposits, and cash management solutions. The business model revolves around building strong, long-term relationships with clients through personalized service and tailored financial solutions.

The company generates revenue primarily through interest income from loans and investments, as well as fee income from various banking services. Sterling Bancorp also engages in mergers and acquisitions to expand its market presence and enhance its service offerings.

Keywords: regional bank, financial services, business owners, families, consumers, relationship managers, loans, deposits, cash management, shareholder value.