Your email has been successfully added to our mailing list.

×
-0.0161943319838056 -0.0170040485829959 -0.0048582995951416 -0.0153846153846153 -0.00404858299595133 0.00323886639676121 0.0121457489878543 0.0121457489878543
Stock impact report

Sterling Bancorp, Inc. Announces Pricing of Initial Public Offering of Common Stock

Sterling Bancorp, Inc. (SBT) 
Last sterling bancorp, inc. earnings: 10/28 04:07 pm Check Earnings Report
US:NYSE Investor Relations: sterlingbancorp.com
Company Research Source: Business Wire
SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Sterling Bancorp, Inc. ("Sterling") today announced the pricing of its initial public offering of 15,000,000 shares of its common stock at a public offering price of $12.00 per share. Sterling is offering 7,692,308 shares and the selling shareholders are offering 7,307,692 shares of Sterling's common stock. The offering is expected to result in net proceeds to Sterling of approximately $85.6 million after deducting the underwriting discount and estimated offering expenses. Sterling will not receive any proceeds from the sale of shares by the selling shareholders. In addition, the selling shareholders have granted the underwriters a 30-day option to purchase up to 2,250,000 additional shares of common stock at the public offering price. The shares are expected to begin trading on Friday, November 17, 2017 on the NASDAQ Capital Market under the symbol "SBT." Sandler O'N Show less Read more
Impact Snapshot
Event Time:
SBT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
SBT alerts

from News Quantified
Opt-in for
SBT alerts

from News Quantified