Sterling Bancorp, Inc. Stock News

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today reported its unaudited financial results for the quarter and year ended December 31, 2024. Fourth Quarter and Year-End 2024 Highlights Fourth quarter net income of $1.2 million, or $0.02 per diluted share; full year ne...

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today reported that its shareholders have approved (i) the sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp and (ii) the Plan of Dissolution approved and adopted by the...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sterling Bank and Trust, F.S.B. (the “Bank”), a wholly owned subsidiary of Sterling Bancorp, Inc. (“Sterling” or the “Company”) (NasdaqCM: SBT), to EverBank Financial Corp. Under the terms of the proposed transact...

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today reported its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net loss of $(0.1) million, or $(0.00) per diluted share Net interest margin of 2.30% Nonperforming...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sterling Bank and Trust, F.S.B. (the “Bank”), a wholly owned subsidiary of Sterling Bancorp, Inc. (“Sterling” or the “Company”) (NasdaqCM: SBT), to EverBank Financial Corp. Under the terms of the proposed transact...

NEW YORK , Sept. 16, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Sterling Bancorp, Inc. (NASDAQ: SBT) and its board of directors concerning the proposed acquisition of the company by EverBank Financial Corp. The transaction is valued at $261 million and is expected to close in the first quarter of 2025.

MILWAUKEE , Sept. 16, 2024 /PRNewswire/ -- Ademi LLP is investigating Sterling (Nasdaq: SBT) for possible breaches of fiduciary duty and other violations of law in its transaction with Everbank.