This article is about 3 weeks old

Sterling Bancorp: Q4 Earnings Snapshot

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Sterling Bancorp Inc. (SBT) on Thursday reported net income of $1.2 million in its fourth quarter.

The Southfield, Michigan-based bank said it had earnings of 2 cents per share.

The bank holding company posted revenue of $33.7 million in the period. Its revenue net of interest expense was $13.6 million, which topped Street forecasts.

For the year, the company reported profit of $2.1 million, or 4 cents per share. Revenue was reported as $57.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBT at https://www.zacks.com/ap/SBT

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