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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