SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sep. 24, 2018--
Sterling Bancorp, Inc. (NASDAQ: SBT), the holding company of Sterling
Bankand Trust, F.S.B., is pleased to announce that the Company has been
named a member of the Sandler O’Neill Sm-All Stars: Class of 2018. The
Sm-All Stars represent the top performing small-cap banks and thrifts in
the country.
According to Sandler O’Neill + Partners, an investment banking firm and
broker-dealer focused on the financial services sector, banks selected
for the 2018 Sm-All Stars list have superior performance metrics in
growth, profitability, credit quality and capital strength. Sandler
O’Neill evaluated more than 400 publicly traded banks and thrifts with a
market cap below $2.5 billion to identify the 30 small-cap depository
institutions that stand out in the industry and comprise the Class of
2018.
“We are very pleased to be recognized as a 2018 Sm-All Star by Sandler
O’Neill,” said Gary Judd, Sterling’s Chairman and CEO. “Our inclusion on
this list reflects our focus on developing a high performing
organization that delivers strong value for both our customers and our
shareholders. It is an honor for our franchise to be recognized as one
of the industry’s top small-cap banks.”
About Sterling Bancorp, Inc.
Sterling Bancorp, Inc. is a unitary thrift holding company. Its wholly
owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch
operations in San Francisco and Los Angeles, California, New York City
and Bellevue, Washington. Sterling offers a broad range of loan products
to the residential and commercial markets, as well as retail and
business banking services. Sterling also has an operations center and a
branch in Southfield, Michigan. Sterling was named as the top performing
community bank in the United States with total assets between $1 billion
and $10 billion in 2017 by SNL/S&P Global Market Intelligence. For
additional information, please visit the Company’s website at www.sterlingbank.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180924005105/en/
Source: Sterling Bancorp, Inc.
Investors
Financial Profiles
Allyson
Pooley
310-622-8230
or
Larry Clark
310-622-8223
SBT@finprofiles.com