SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Sterling Bancorp Inc. (SBT) on Monday reported a loss of $503,000 in its first quarter.
The bank, based in Southfield, Michigan, said it had a loss of 1 cent per share.
The bank holding company posted revenue of $29.7 million in the period. Its revenue net of interest expense was $18 million, topping Street forecasts.
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