Sterling Bancorp, Inc. (Southfield, MI) (SBT) Revenue & Revenue Breakdown
Sterling Bancorp, Inc. (Southfield, MI) Revenue Highlights
Latest Revenue (Y)
$129.51M
Latest Revenue (Q)
$34.30M
Main Segment (Y)
Investment Management And Advisory Fees
Main Geography (Y)
Investment Management And Advisory Fees
Sterling Bancorp, Inc. (Southfield, MI) Revenue by Period
Sterling Bancorp, Inc. (Southfield, MI) Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $129.51M | 61.59% |
| 2022-12-31 | $80.15M | -16.13% |
| 2021-12-31 | $95.57M | -13.20% |
| 2020-12-31 | $110.10M | -16.86% |
| 2019-12-31 | $132.43M | -6.83% |
| 2018-12-31 | $142.14M | 24.78% |
| 2017-12-31 | $113.91M | 26.09% |
| 2016-12-31 | $90.34M | 36.43% |
| 2015-12-31 | $66.22M | - |
Sterling Bancorp, Inc. (Southfield, MI) generated $129.51M in revenue during NA 2023, up 61.59% compared to the previous quarter, and up 91.12% compared to the same period a year ago.
Sterling Bancorp, Inc. (Southfield, MI) Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $34.30M | 2.29% |
| 2024-03-31 | $33.53M | 1.78% |
| 2023-12-31 | $32.94M | 101.14% |
| 2023-09-30 | $16.38M | -9.49% |
| 2023-06-30 | $18.09M | 0.79% |
| 2023-03-31 | $17.95M | -4.34% |
| 2022-12-31 | $18.77M | -2.15% |
| 2022-09-30 | $19.18M | -1.71% |
| 2022-06-30 | $19.52M | -13.97% |
| 2022-03-31 | $22.68M | -10.28% |
| 2021-12-31 | $25.28M | 8.61% |
| 2021-09-30 | $23.28M | -0.22% |
| 2021-06-30 | $23.33M | -1.48% |
| 2021-03-31 | $23.68M | -8.01% |
| 2020-12-31 | $25.74M | -4.00% |
| 2020-09-30 | $26.82M | -5.48% |
| 2020-06-30 | $28.37M | -2.74% |
| 2020-03-31 | $29.17M | -9.81% |
| 2019-12-31 | $32.34M | -2.50% |
| 2019-09-30 | $33.17M | 1.20% |
| 2019-06-30 | $32.78M | -3.94% |
| 2019-03-31 | $34.13M | -7.06% |
| 2018-12-31 | $36.72M | 4.82% |
| 2018-09-30 | $35.03M | -3.11% |
| 2018-06-30 | $36.15M | 5.61% |
| 2018-03-31 | $34.23M | 15.10% |
| 2017-12-31 | $29.74M | -6.03% |
| 2017-09-30 | $31.65M | 26.27% |
| 2017-06-30 | $25.06M | -8.72% |
| 2017-03-31 | $27.46M | 27.35% |
| 2016-12-31 | $21.56M | -13.11% |
| 2016-09-30 | $24.82M | - |
Sterling Bancorp, Inc. (Southfield, MI) generated $34.30M in revenue during Q2 2024, up 2.29% compared to the previous quarter, and up 191.02% compared to the same period a year ago.
Sterling Bancorp, Inc. (Southfield, MI) Revenue Breakdown
Sterling Bancorp, Inc. (Southfield, MI) Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Investment Management And Advisory Fees | $1.12M | $1.58M | $2.04M |
| Service Charges And Fees | $426.00K | - | - |
| Other Service Charges And Fees | - | $54.00K | $48.00K |
| Interchange Fees | - | $114.00K | $109.00K |
| Service Charges On Deposit Accounts | - | $277.00K | $230.00K |
Sterling Bancorp, Inc. (Southfield, MI)'s latest annual revenue breakdown by segment (product or service), as of Dec 20: Investment Management And Advisory Fees (72.52%), and Service Charges And Fees (27.48%).
Quarterly Revenue by Product
| Product/Service | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service Charges And Fees | $159.00K | $153.00K | $61.00K | $95.00K | $117.00K | $111.00K | $112.00K | $104.00K | - | - | - | - | - |
| Investment Management And Advisory Fees | - | $246.00K | $310.00K | $255.00K | $313.00K | $335.00K | $477.00K | $425.00K | $340.00K | $467.00K | $445.00K | $500.00K | $623.00K |
| Interchange Fees | - | - | - | - | - | - | - | - | - | $29.00K | $28.00K | $27.00K | $25.00K |
| Service Charges On Deposit Accounts | - | - | - | - | - | - | - | - | - | $66.00K | $60.00K | $52.00K | $52.00K |
| Other Service Charges And Fees | - | - | - | - | - | - | - | - | - | $13.00K | $15.00K | $13.00K | $7.00K |
Sterling Bancorp, Inc. (Southfield, MI)'s latest quarterly revenue breakdown by segment (product or service), as of Mar 21: Service Charges And Fees (100.00%).
Sterling Bancorp, Inc. (Southfield, MI) Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Investment Management And Advisory Fees | $1.12M | $1.58M | $2.04M |
| Service Charges And Fees | $426.00K | - | - |
| Interchange Fees | - | $114.00K | $109.00K |
| Service Charges On Deposit Accounts | - | $277.00K | $230.00K |
| Other Service Charges And Fees | - | $54.00K | $48.00K |
Sterling Bancorp, Inc. (Southfield, MI)'s latest annual revenue breakdown by geography, as of Dec 20: Investment Management And Advisory Fees (72.52%), and Service Charges And Fees (27.48%).
Quarterly Revenue by Country
| Country | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service Charges And Fees | $159.00K | $153.00K | $61.00K | $95.00K | $117.00K | $111.00K | $112.00K | $104.00K | - | - | - | - | - |
| Investment Management And Advisory Fees | - | $246.00K | $310.00K | $255.00K | $313.00K | $335.00K | $477.00K | $425.00K | $340.00K | $467.00K | $445.00K | $500.00K | $623.00K |
| Interchange Fees | - | - | - | - | - | - | - | - | - | $29.00K | $28.00K | $27.00K | $25.00K |
| Service Charges On Deposit Accounts | - | - | - | - | - | - | - | - | - | $66.00K | $60.00K | $52.00K | $52.00K |
| Other Service Charges And Fees | - | - | - | - | - | - | - | - | - | $13.00K | $15.00K | $13.00K | $7.00K |
Sterling Bancorp, Inc. (Southfield, MI)'s latest quarterly revenue breakdown by geography, as of Mar 21: Service Charges And Fees (100.00%).
Sterling Bancorp, Inc. (Southfield, MI) Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SBT | Sterling Bancorp, Inc. (Southfield, MI) | $129.51M | $34.30M |
| FRAF | Franklin Financial Services | $91.60M | $29.08M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| BSBK | Bogota Financial | $38.42M | $10.78M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
SBT Revenue FAQ
What is Sterling Bancorp, Inc. (Southfield, MI)’s yearly revenue?
Sterling Bancorp, Inc. (Southfield, MI)'s yearly revenue for 2023 was $129.51M, representing an increase of 61.59% compared to 2022. The company's yearly revenue for 2022 was $80.15M, representing a decrease of -16.13% compared to 2021. SBT's yearly revenue for 2021 was $95.57M, representing a decrease of -13.20% compared to 2020.
What is Sterling Bancorp, Inc. (Southfield, MI)’s quarterly revenue?
Sterling Bancorp, Inc. (Southfield, MI)'s quarterly revenue for Q2 2024 was $34.3M, a 2.29% increase from the previous quarter (Q1 2024), and a 89.53% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $33.53M, a 1.78% increase from the previous quarter (Q4 2023), and a 86.74% increase year-over-year (Q1 2023). SBT's quarterly revenue for Q4 2023 was $32.94M, a 101.14% increase from the previous quarter (Q3 2023), and a 75.52% increase year-over-year (Q4 2022).
What is Sterling Bancorp, Inc. (Southfield, MI)’s revenue growth rate?
Sterling Bancorp, Inc. (Southfield, MI)'s revenue growth rate for the last 3 years (2021-2023) was 35.52%, and for the last 5 years (2019-2023) was -2.20%.
What are Sterling Bancorp, Inc. (Southfield, MI)’s revenue streams?
Sterling Bancorp, Inc. (Southfield, MI)'s revenue streams in c 20 are Investment Management And Advisory Fees, and Service Charges And Fees. Investment Management And Advisory Fees generated $1.12M in revenue, accounting 72.52% of the company's total revenue, down -28.73% year-over-year. Service Charges And Fees generated $426K in revenue, accounting 27.48% of the company's total revenue
What is Sterling Bancorp, Inc. (Southfield, MI)’s main source of revenue?
For the fiscal year ending Dec 20, the largest source of revenue of Sterling Bancorp, Inc. (Southfield, MI) was Investment Management And Advisory Fees. This segment made a revenue of $1.12M, representing 72.52% of the company's total revenue.