Sterling Bancorp Q3 2024 EPS $0.00 Down From $0.01 YoY
Portfolio Pulse from Benzinga Newsdesk
Sterling Bancorp reported a Q3 2024 EPS of $0.00, down from $0.01 year-over-year, indicating a decline in profitability.
October 30, 2024 | 12:06 pm
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Sterling Bancorp's Q3 2024 earnings per share (EPS) were reported at $0.00, a decrease from $0.01 in the same quarter last year, indicating a decline in profitability.
The decrease in EPS from $0.01 to $0.00 suggests a decline in Sterling Bancorp's profitability, which is likely to negatively impact investor sentiment and the stock price in the short term.
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