SBT
Income statement / Annual
Last year (2023), Sterling Bancorp, Inc. (Southfield, MI)'s total revenue was $76.27 M,
a decrease of 4.84% from the previous year.
In 2023, Sterling Bancorp, Inc. (Southfield, MI)'s net income was $7.41 M.
See Sterling Bancorp, Inc. (Southfield, MI),s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$76.27 M |
$80.15 M |
$95.57 M |
$110.10 M |
$132.43 M |
$142.14 M |
$113.91 M |
$90.34 M |
$66.22 M |
| Cost of Revenue |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$76.27 M
|
$80.15 M
|
$95.57 M
|
$110.10 M
|
$132.43 M
|
$142.14 M
|
$113.91 M
|
$90.34 M
|
$66.22 M
|
| Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$18.92 M
|
$34.65 M
|
$30.25 M
|
$32.42 M
|
$29.94 M
|
$29.89 M
|
$25.07 M
|
$18.80 M
|
$16.50 M
|
| Selling & Marketing Expenses |
$18.08 M
|
$0.00
|
$0.00
|
$529,000.00
|
$1.36 M
|
$1.64 M
|
$1.03 M
|
$1.45 M
|
$773,000.00
|
| Selling, General & Administrative Expenses |
$37.00 M
|
$34.65 M
|
$30.25 M
|
$32.95 M
|
$31.30 M
|
$31.53 M
|
$26.10 M
|
$20.25 M
|
$17.27 M
|
| Other Expenses |
$30.75 M
|
-$10.75 M
|
-$97.28 M
|
-$161.93 M
|
-$86.02 M
|
-$44.64 M
|
-$11.00 M
|
-$38.30 M
|
-$37.58 M
|
| Operating Expenses |
$63.22 M
|
$23.91 M
|
-$67.03 M
|
-$128.98 M
|
-$54.72 M
|
-$11.89 M
|
$2.70 M
|
-$18.05 M
|
-$20.31 M
|
| Cost And Expenses |
$67.75 M
|
$23.91 M
|
-$67.03 M
|
-$128.98 M
|
-$54.72 M
|
-$11.89 M
|
$2.70 M
|
-$18.05 M
|
-$20.31 M
|
| Interest Income |
$126.79 M
|
$99.93 M
|
$116.54 M
|
$151.36 M
|
$175.37 M
|
$161.77 M
|
$122.75 M
|
$90.80 M
|
$65.95 M
|
| Interest Expense |
$61.83 M
|
$21.13 M
|
$25.36 M
|
$45.60 M
|
$54.39 M
|
$41.67 M
|
$25.44 M
|
$15.85 M
|
$8.11 M
|
| Depreciation & Amortization |
$1.33 M
|
$1.54 M
|
$1.75 M
|
$1.61 M
|
$2.07 M
|
$1.85 M
|
$1.64 M
|
$1.51 M
|
$1.57 M
|
| EBITDA |
$11.89 M |
$0.00 |
$34.79 M |
-$17.27 M |
$0.00 |
$90.42 M |
$72.09 M |
$57.96 M |
$39.66 M |
| EBITDA Ratio |
0.16
|
0.39
|
0.32
|
-0.16
|
0.6
|
0.93
|
0.86
|
0.82
|
0.72
|
| Operating Income Ratio |
0.11
|
0.37
|
0.3
|
-0.17
|
0.59
|
0.92
|
0.84
|
0.8
|
0.69
|
| Total Other Income/Expenses Net |
$2.13 M
|
-$28.52 M
|
-$8.28 M
|
-$1.61 M
|
-$41.97 M
|
-$8.67 M
|
-$7.24 M
|
-$6.01 M
|
-$4.82 M
|
| Income Before Tax |
$10.56 M
|
-$7.57 M
|
$28.54 M
|
-$18.88 M
|
$77.71 M
|
$88.57 M
|
$70.45 M
|
$56.45 M
|
$37.80 M
|
| Income Before Tax Ratio |
0.14
|
-0.09
|
0.3
|
-0.17
|
0.59
|
0.62
|
0.62
|
0.62
|
0.57
|
| Income Tax Expense |
$3.15 M
|
$6.63 M
|
$8.41 M
|
-$5.91 M
|
$20.76 M
|
$25.10 M
|
$32.47 M
|
$23.22 M
|
$15.29 M
|
| Net Income |
$7.41 M
|
-$14.19 M
|
$23.39 M
|
-$12.97 M
|
$56.95 M
|
$63.47 M
|
$37.98 M
|
$33.23 M
|
$22.51 M
|
| Net Income Ratio |
0.1
|
-0.18
|
0.24
|
-0.12
|
0.43
|
0.45
|
0.33
|
0.37
|
0.34
|
| EPS |
0.15 |
-0.28 |
0.47 |
-0.26 |
0.57 |
1.2 |
0.82 |
0.63 |
0.43 |
| EPS Diluted |
0.15 |
-0.28 |
0.47 |
-0.26 |
0.57 |
1.2 |
0.82 |
0.63 |
0.43 |
| Weighted Average Shares Out |
$50.63 M
|
$50.35 M
|
$50.05 M
|
$49.84 M
|
$51.12 M
|
$52.96 M
|
$46.22 M
|
$52.96 M
|
$52.96 M
|
| Weighted Average Shares Out Diluted |
$50.78 M
|
$50.35 M
|
$50.14 M
|
$49.84 M
|
$51.13 M
|
$52.97 M
|
$46.22 M
|
$52.96 M
|
$52.96 M
|
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