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How to Buy Sterling Bancorp Stock

Sterling Bancorp Inc

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.

Sterling Bancorp stock last closed at $4.95, up 2.06% from the previous day, and has decreased 8.84% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.28 percentage points. Sterling Bancorp stock is currently +17.44% from its 52-week low of $4.22, and -20.93% from its 52-week high of $6.26.

At the moment, there are 52.07M shares of SBT outstanding. The market capitalization of SBT is $257.74M. In the past 24 hours, 16,764 SBT shares were traded.

How to Buy Sterling Bancorp Stock

Not sure how to invest in Sterling Bancorp stock? Here's how.
  1. Decide where to buy Sterling Bancorp stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Sterling Bancorp stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your info.
  4. Analyze Sterling Bancorp stock: The Sterling Bancorp ticker symbol is SBT. Is Sterling Bancorp stock a good investment? Should you buy shares of SBT? How do SBT's underlying business fundamentals look? Do top analysts think Sterling Bancorp is a good buy? Why has SBT's stock price moved recently? (Hint: Our stock market research website can help you decide if SBT is a good stock to buy).
  5. Execute your SBT purchase: Decide if you will purchase SBT shares at the current market price or use a limit order to purchase SBT stock at a particular price.
  6. Get notifications regarding your investment in SBT: Create a watchlist to get live updates on your position in Sterling Bancorp stock.

Step 1: Decide where to buy Sterling Bancorp stock

You will need a brokerage account to access the NASDAQ market and buy SBT stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you are able to invest in SBT stock today.

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  2. Input your personal details to start a new trading account.
  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've opened your account on stock market apps, you can securely and quickly fund your account:

Watch the video below to see the process of transferring funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Sterling Bancorp stock

After you have figured out the best place to buy Sterling Bancorp stock, it's important to research their stock prior to buying, so you truly wrap your head around the risk as well as the upside.

Sterling Bancorp shares at a glance

SBT Price
$4.95
1w %
1.02%
1y %
-8.84%
5y %
-48.6%
P/E
33x
P/B
0.79x
P/S
3.29x
PEG
N/A
Revenue
$76.27M
Earnings
$7.41M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$257.74M
Next Earnings
May 16, 2024
Next Dividend
N/A

Sterling Bancorp Fundamentals

WallStreetZen was built to help part-time investors do better fundamental analysis.

You can see all of the due diligence checks on SBT's stock page.

Is SBT stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge SBT's true value.

Using relative valuations measures:

  • SBT could be undervalued based on its P/E ratio of 33x, relative to Banks - Regional industry P/E ratio of -9.61x
  • SBT could be undervalued based on its P/B ratio of 0.79x, relative to Banks - Regional industry P/B ratio of 0.99x

You can do more valuation research on SBT's stock here.

SBT Financial Summary

Passed Health Checks:

  • Total SBT debt is lower than 5 years ago, relative to shareholder equity.
  • SBT profit margin has gone up from -15.8% to 9.7% in the past year.

Failed Health Checks:

  • SBT has a relatively high debt to equity ratio of 6.37.

SBT Trading Indicators

SMA10
4.81
SMA20
4.86
SMA50
5
SMA100
5.24
SMA200
5.54
MACD
-0.05
MACD Signal
-0.07
MACD Histogram
0.02
RSI
51.94
Stochastic %K
60.32
Stochastic %D
59.34
StochRSI %K
84.57
StochRSI %D
85.82

How is SBT performing as a company?

Last year, SBT earnings were $7.41M. Over the past 5 year, SBT's earnings have increased by -34.02% per year. This was slower than the Banks - Regional industry average of 17.16%.

Last year, SBT revenue was $76.27M. Over the past 5 year, SBT's revenue has increased by -11.3% per year. This was slower than the Banks - Regional industry average of 7.44%.

Learn more about SBT's earnings and revenue performance here.

Are SBT executives and large shareholders buying or selling the stock?

In the last 12 months, insiders at SBT have bought more shares than they have sold.

Karen Knott, EVP and CFO of SBT, was the latest SBT insider to sell. They sold $4,502.47 worth of SBT stock on Apr 23, 2024.

Learn more about who owns SBT stock here.

Can I rely on SBT as an income stream?

No, Sterling Bancorp doesn't provide an income stream by paying out dividends.

What others are saying about SBT

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your SBT purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

Hit the Open button and your broker will execute the order.

If you want more help with investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get notifications regarding your investment in SBT

Now that you own some shares in SBT, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to keep track of your SBT stock.

SBT Feed

How to Buy Stock in Sterling Bancorp

To reiterate, here are the 6 steps to buy Sterling Bancorp stock:

  1. Decide where to buy Sterling Bancorp stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Sterling Bancorp stock
  5. Execute your SBT purchase
  6. Get notifications regarding your investment in SBT

If you need a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Sterling Bancorp, create a watchlist today.

NASDAQ: SBT
$4.95+0.10 (+2.06%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: SBT
$4.95+0.10 (+2.06%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sterling Bancorp share?

As of Apr 26, 2024, it costs $4.95 to buy one share of Sterling Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.404 shares of SBT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Sterling Bancorp stock?

One way to place an order for Sterling Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.