Sterling Bancorp, Inc. (Southfield, MI) operates as the unitary thrift holding company for Sterling Bank and Trust, F.S.B. that provides community banking services to individuals and businesses. It offers checking, savings, and money market accounts, as well as IRAs and certificates of deposit; and one- to four-family residential, commercial, commercial real estate, construction, and consumer loans, as well as commercial lines of credit. The company also provides retail banking services. It operates through a network of 28 branches in San Francisco and Los Angeles, California; New York, New York; and Southfield, Michigan. The company was founded in 1984 and is headquartered in Southfield, Michigan.
Revenue of Sterling Bancorp, Inc. (Southfield, MI) (SBT)
Revenue in 2023 (TTM): $129.51 M
According to Sterling Bancorp, Inc. (Southfield, MI)'s latest financial reports the company's current revenue (TTM) is $129.51 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Sterling Bancorp, Inc. (Southfield, MI)
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $129.51 M | $129.51 M | $1.33 M | $10.56 M | $7.41 M |
| 2022 | $80.15 M | $80.15 M | $30.96 M | $-7,565,000 | $-14,194,000 |
| 2021 | $95.57 M | $95.57 M | $30.29 M | $28.54 M | $23.39 M |
| 2020 | $110.1 M | $110.1 M | $-17,268,000 | $-18,876,000 | $-12,967,000 |
| 2019 | $132.43 M | $132.43 M | $79.79 M | $77.71 M | $56.95 M |
| 2018 | $142.14 M | $142.14 M | $132.09 M | $88.57 M | $63.47 M |
| 2017 | $113.91 M | $113.91 M | $97.52 M | $70.45 M | $37.98 M |
| 2016 | $90.34 M | $90.34 M | $73.8 M | $56.45 M | $33.23 M |
| 2015 | $66.22 M | $66.22 M | $47.48 M | $37.8 M | $22.51 M |