Financial Services - Banks - Regional - NASDAQ - US
$ 4.79
0 %
$ 251 M
Market Cap
39.92
P/E
BALANCE SHEET
2.42 B
ASSETS
2.09 B
LIABILITIES
328 M
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
Sterling Bancorp, Inc. (Southfield, MI)
| Current Assets | 1.01 B |
| Cash & Short-Term Investments | 997 M |
| Receivables | 8.51 M |
| Other Current Assets | 0 |
| Non-Current Assets | 2.26 B |
| Long-Term Investments | 424 M |
| PP&E | 16.9 M |
| Other Non-Current Assets | 1.82 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 2.09 B |
| Long-Term Debt | 58.5 M |
| Other Non-Current Liabilities | 2.03 B |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Cash & Cash Equivalents | 578.0 | 380.7 | 412.9 | 1 005.5 | 78.8 | 54.7 | 40.1 | 22.1 | 15.6 |
| Short Term Investments | 419.2 | 348.2 | 313.9 | 305.0 | 152.5 | 148.9 | 126.8 | 75.6 | 46.7 |
| Receivables | 8.5 | 7.8 | 7.7 | 11.0 | 13.7 | 13.5 | 11.5 | 0 | 0 |
| Inventory | 0 | (388.6) | (420.6) | (1 016.5) | (92.6) | 0 | (51.6) | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 2 960.6 | 0 | 0 | 0 |
| Total Current Assets | 1 005.7 | 736.8 | 420.6 | 1 321.5 | 92.6 | 3 027.8 | 178.5 | 97.7 | 62.3 |
| PP&E | 16.9 | 21.1 | 25.6 | 27.7 | 27.9 | 9.5 | 7.0 | 5.9 | 4.9 |
| Intangible Assets | 1.5 | 1.8 | 2.7 | 5.7 | 9.8 | 10.6 | 6.5 | 4.4 | 1.3 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Investments | 423.9 | 348.2 | 313.9 | 305.0 | 152.5 | 148.9 | 126.8 | 75.6 | 46.7 |
| Other Long Term Assets | (442.3) | (8.1) | (21.4) | (24.3) | (12.1) | (6.1) | (140.4) | (16.0) | (51.6) |
| Other Assets | (851.6) | 1 321.3 | 2 110.8 | 2 254.2 | 2 957.0 | 0 | 2 776.6 | 1 984.4 | 1 598.2 |
| Total Assets | 2 416.0 | 2 444.7 | 2 873.6 | 3 914.0 | 3 239.8 | 3 196.8 | 2 962.0 | 2 163.6 | 1 712.0 |
| LIABILITIES | |||||||||
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 165.0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 420.6 | 0 |
| Total Current Liabilities | 0 | 16.0 | 714.5 | 1 332.6 | 948.1 | 767.7 | 648.7 | 585.6 | 19.5 |
| Long Term Debt | 58.5 | 131.3 | 234.7 | 403.8 | 314.0 | 358.0 | 402.9 | 357.5 | 326.4 |
| Deferred Tax Income | 0 | 5.2 | 6.5 | 7.6 | 8.7 | 3.6 | 2.2 | 2.1 | 0 |
| Other Liabilities | 2 029.8 | 2 000.8 | 2 298.5 | 3 190.6 | 2 598.2 | 0 | 0 | (357.5) | (326.4) |
| Total Liabilities | 2 088.3 | 2 132.1 | 234.7 | 403.8 | 314.0 | 2 861.7 | 2 688.7 | 2 001.3 | 1 575.7 |
| EQUITY | |||||||||
| Common Stock | 84.3 | 83.3 | 82.2 | 80.8 | 80.9 | 111.2 | 111.2 | 25.7 | 25.7 |
| Retained Earnings | 242.0 | 234.0 | 245.0 | 224.9 | 266.0 | 211.1 | 149.8 | 121.4 | 96.8 |
| Other Accumulative Comprehensive Income/Loss | (15.2) | (19.5) | (0.9) | 0.4 | 0.2 | 9 K | (0.1) | 40 K | (0.7) |
| Total Equity | 327.7 | 312.6 | 340.4 | 319.6 | 360.3 | 335.1 | 273.3 | 162.3 | 136.3 |
| Total Liabilities and Equity | 2 416.0 | 2 444.7 | 2 873.6 | 3 914.0 | 3 239.8 | 3 196.8 | 2 962.0 | 2 163.6 | 1 712.0 |
| SHARES OUTSTANDING | |||||||||
| Common Shares Outstanding | 50.6 | 50.3 | 50.0 | 49.8 | 51.1 | 53.0 | 46.2 | 53.0 | 53.0 |