Sterling Bancorp (STL) 17.85 $STL Sterling National Bank

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Sep 4, 2016 at 11:00 AM

Sterling Bancorp (STL) 17.85 $STL

Sterling National Bank Announces Closing of Subordinated Notes Offering; Offering of $65 Million
Marketwire Canada - Fri Sep 02, 3:10PM CDT
MONTEBELLO, NY--(Marketwired - September 02, 2016) - Sterling National Bank (the "Bank"

, a wholly owned subsidiary of Sterling Bancorp (NYSE: STL), today announced the closing of the previously announced private offering of $65 million aggregate principal amount of its 5.25% fixed-to-floating rate subordinated notes due 2026 (the "Notes"

. The offering is a reopening of the Bank's previous offering of $110 million aggregate principal amount of 5.25% fixed-to-floating rate subordinated notes due 2026, which closed on March 29, 2016 (the "Existing Notes"

, a wholly owned subsidiary of Sterling Bancorp (NYSE: STL), today announced that it has priced a private offering of $65 million aggregate principal amount of its 5.25% fixed-to-floating rate subordinated notes due 2026 (the "Notes"

. The offering, which is expected to close on or about September 2, 2016, subject to customary closing conditions, is a reopening of the Bank's previous offering of $110 million aggregate principal amount of 5.25% fixed-to-floating rate subordinated notes due 2026 by the Bank, which closed on March 29, 2016 (the "Existing Notes"

. The Notes will have terms that are identical to the terms of the Existing Notes (other than the date of settlement and the offering price), will have the same CUSIP and ISIN numbers as the Existing Notes, and will trade interchangeably with the Existing Notes. The original issue date of the Notes is March, 29, 2016.
STL: 17.85 (+0.19)

Freedom Mortgage Finalizes Acquisition of Sterling National Bank Mortgage Operations
PR Newswire - Mon Aug 15, 11:00AM CDT
Freedom Mortgage Corporation, a privately held, full-service mortgage lender licensed in all 50 states, has completed its acquisition of the residential mortgage origination operations of Sterling National Bank the principal subsidiary of Sterling Bancorp (NYSE: STL). Sterling Bancorp operates mainly in the greater New York and Hudson Valley markets through its principal subsidiary, Sterling National Bank.
STL: 17.85 (+0.19)

Mark R. Smith Joins Sterling National Bank's Commercial Banking Team
Marketwired - Mon Aug 15, 7:02AM CDT
Smith to Be Integral Part of New Jersey Expansion
STL: 17.85 (+0.19)

Sterling Sells Residential Mortgage Origination Operations to Freedom Mortgage
Marketwired - Mon Aug 15, 6:01AM CDT
MONTEBELLO, NY--(Marketwired - August 15, 2016) - Sterling Bancorp (NYSE: STL), through its principal subsidiary Sterling National Bank ("Sterling"

, announced today that it has sold its residential mortgage origination operations to Freedom Mortgage Corporation ("Freedom"

.
STL: 17.85 (+0.19)

What These Banking Stocks Have in Their Performance Vaults? - Mitsubishi UFJ Financial, FirstMerit, Sterling Bancorp., and Great Western Bancorp
PR Newswire - Tue May 31, 7:15AM CDT
The Financial sector has seen some significant improvement since the beginning of this year, thus presenting many investors with growth opportunities. Ahead of today's trading session, ActiveWallSt.com has released trade alerts on the following Money Center Banks equities: Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), FirstMerit Corp. (NASDAQ: FMER), Sterling Bancorp. (NYSE: STL), and Great Western Bancorp. Inc. (NYSE: GWB). Sign up for these stocks' alerts by clicking on the following link:
FMER: 21.61 (+0.37), MTU: 5.64 (+0.03), STL: 17.85 (+0.19), GWB: 34.22 (+0.45)

Sterling Bancorp posts 1Q profit
Automated Insights - Tue Apr 26, 4:27PM CDT
MONTEBELLO, N.Y. (AP) _ Sterling Bancorp (STL) on Tuesday reported first-quarter net income of $23.8 million.
STL: 17.85 (+0.19)

Sterling Bancorp Announces Results for the Three Months Ended March 31, 2016
Marketwired - Tue Apr 26, 3:18PM CDT
Sterling Bancorp (NYSE: STL) , the parent company of Sterling National Bank (the "Company"

, today announced results for the three months ended March 31, 2016. Net income for the quarter was $23.8 million, or $0.18 per diluted share, compared to net income of $32.8 million, or $0.25 per diluted share, for the linked quarter ended December 31, 2015 and net income of $16.8 million, or $0.19 per diluted share, for the first quarter of 2015.
STL: 17.85 (+0.19)

Sterling Bancorp Declares Quarterly Dividend of $0.07 per Share
Marketwired - Tue Apr 26, 3:10PM CDT
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 payable May 23, 2016 to holders of record as of May 6, 2016.
STL: 17.85 (+0.19)

Sterling Bancorp to Announce First Quarter 2016 Results
Marketwired - Mon Apr 11, 3:10PM CDT
Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that it plans to release results for the first quarter ended March 31, 2016 after the market close on Tuesday, April 26, 2016.
STL: 17.85 (+0.19)

Sterling Bancorp Acquires NewStar Business Credit, LLC
Marketwired - Thu Mar 31, 3:38PM CDT
Sterling Bancorp (NYSE: STL), through its principal subsidiary, Sterling National Bank, announced today that it has completed the acquisition of NewStar Business Credit, LLC ("NSBC"

. NSBC is a wholly owned subsidiary of NewStar Financial Inc. (NASDAQ: NEWS), a provider of specialized direct lending and credit management capabilities for middle market companies and investors in the credit markets. Sterling will acquire client relationships with over $330 million in loan outstandings as of March 31, 2016, doubling its existing asset-based lending loan portfolio. Sterling is a leading secured lender with an established national asset-based lending platform and has been a trusted financial services provider for over 125 years.
NEWS: 10.46 (-0.29), STL: 17.85 (+0.19)

NewStar Sells Asset-based Lending Business To Sterling National Bank
GlobeNewswire - Thu Mar 31, 3:01PM CDT
NewStar Financial Inc. (Nasdaq:NEWS) ("NewStar" or the "Company"

announced today the sale of its asset-based lending subsidiary, NewStar Business Credit LLC ("NSBC"

, to Sterling National Bank ("Sterling"

, a wholly owned subsidiary of Sterling Bancorp (NYSE:STL) for approximately $112 million in cash, net of debt repayment, fees and transaction expenses.
NEWS: 10.46 (-0.29), STL: 17.85 (+0.19)

Oversold Conditions For Sterling Bancorp (STL)
MarketNewsVideo.com - Mon Feb 08, 11:15AM CST
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative...
STL: 17.85 (+0.19)

Sterling Bancorp Announces Results for the Three Months and Full Year Ended December 31, 2015
Marketwired - Wed Jan 27, 3:10PM CST
Key Highlights for the Full Year ended December 31, 2015
STL: 17.85 (+0.19)

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