Sterling Bancorp, Inc. Ranked as the Top Performing Community Bank in the United States by SNL/S&P Global Market Intelligence
Sterling Bancorp, Inc. (SBT)
Last sterling bancorp, inc. earnings: 10/28 04:07 pm
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Source: Business Wire
SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B., today announced that it was named as the top performing community bank in the United States with total assets between $1 billion and $10 billion by SNL/S&P Global Market Intelligence, based on its financial results for the year ended December 31, 2017. Sterling was the second best performing community bank in this size category in the previous year’s rankings. SNL/S&P Global Market Intelligence’s rankings are based on six metrics: pretax return on average tangible common equity, net charge-offs as a percentage of average loans, efficiency ratio, adjusted Texas ratio, net interest margin on a fully taxable equivalent basis and loan growth. More than 530 companies were eligible for the SNL/S&P Global Market Intelligence rankings. “We are ho
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