Sterling Bancorp - Company Profile
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Sterling Bancorp (Sterling) is engaged in providing banking and related financial services and solutions to business owners, families, and consumers within the communities. The company provides services such as commercial and residential mortgage lending, asset-based financing, and brokerage services, trade financing and equipment financing. In addition, it offers services such as residential mortgage warehouse funding, deposit services, personal and business banking services, and loans to small and medium-sized businesses. The company primarily operates in New York and New Jersey, in the US. Sterling is headquartered in Pearl River, New York, the US.
Headquarters
United States of America
Address
1 Towne Sq Ste 1900, Southfield, Michigan, 48076-3765
Website
sterlingbank.gcs-web.com
Telephone
1 248 3513495
No of Employees
216
Industry
Financial Services
Revenue (2024)
$136.2M
Sterling Bancorp premium industry data and analytics
Products and Services
| Services |
|---|
| Asset-Based Financing |
| Business and Consumer Lending |
| Commercial and Residential Mortgage Lending and Brokerage |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In April, the company sold Sterling Bank and Trust, F.S.B., to EverBank Financial Corp. |
| 2024 | Regulatory Approval | In December, the company secured shareholders' approval to sell Sterling Bank and Trust, F.S.B. to EverBank Financial Corp. |
| 2024 | Contracts/Agreements | In September, the company signed an agreement to sell Sterling Bank & Trust, FSB to EverBank, N.A. |
Competitor Comparison
| Key Parameters | Sterling Bancorp | JPMorgan Chase & Co | Capital One Financial Corp | KeyCorp | Flagstar Bank NA |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Southfield | New York | Mclean | Cleveland | Hicksville |
| State/Province | Michigan | New York | Virginia | Ohio | New York |
| No. of Employees | 216 | 318,512 | 76,300 | 17,883 | 5,631 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard O'Toole | Chairman | Executive Board | 2017 | 64 |
| Jack L Kopnisky | Director; Chief Executive Officer; President | Executive Board | 2011 | 65 |
| Beatrice Ordonez | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 48 |
| Luis Massiani | Chief Operating Officer; Senior Executive Vice President | Senior Management | 2021 | 44 |
| James P Blose | Chief Legal Officer; General Counsel; Executive Vice President | Senior Management | 2015 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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