Sterling Bancorp, Inc. Set to Join Russell 3000 Index
Sterling Bancorp, Inc. (SBT)
Last sterling bancorp, inc. earnings: 10/28 04:07 pm
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sterlingbancorp.com
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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 is set to join the broad-market Russell 3000® Index effective after the US market closes on March 16, according to a preliminary list of IPO additions posted by FTSE Russell. The Russell US indexes are comprised of the 4,000 largest US stocks, ranked by total market capitalization. For the Company, membership in the Russell 3000® means automatic inclusion in the small-cap Russell 2000® Index, which includes approximately 2,000 U.S. small and mid-cap companies, as well as inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes by objective, market-capitalization rankings and style attributes. “We are very pleased to be added to the Russell indexes,” sai
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