Private company
STERLING BANCORP
American national commercial bank, incorporated in Delaware. Summary from the record
Last updated Oct 19, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Interest37¢$149.1M
- Income tax7¢$29.9M
- Profit56¢$225.8M
Out of $23.9M in revenue.3
Where each dollar of operating cash went, fiscal 2020
- Capital spending5¢$20.1M
- Dividends paid14¢$54.5M
- Share buybacks28¢$111.6M
- Kept or used elsewhere52¢$205.7M
Out of $391.8M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $15.2M4 | $17.1M5 | $26.8M3 | $26.4M3 | $23.9M3 | ||
| Interest | $36.9M6 | $57.3M4 | $106.3M5 | $241.1M3 | $283.6M3 | $149.1M3 | |
| Income tax | $31.8M6 | $67.4M4 | $87.9M5 | $119.0M3 | $112.9M3 | $29.9M3 | |
| Net income | $66.1M6 | $140.0M4 | $93.0M5 | $447.3M3 | $427.0M3 | $225.8M3 | |
| Earnings per share | $0.606 | $1.074 | $0.585 | $1.963 | $2.043 | $1.123 | |
| Earnings per share (diluted) | $0.606 | $1.074 | $0.585 | $1.953 | $2.033 | $1.123 |
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash | $121.5M6 | $229.5M4 | $293.6M4 | $479.9M4 | $438.1M4 | $329.2M3 | $305.0M3 |
| Total assets | $7.4B7 | $12.0B8 | $14.2B6 | $30.4B4 | $31.4B5 | $30.6B3 | $29.8B3 |
| Long-term debt | $1.1B7 | $1.5B8 | $2.1B6 | $5.0B4 | $5.2B5 | $2.9B3 | $1.3B3 |
| Total liabilities | $6.4B7 | $10.3B8 | $12.3B6 | $26.1B4 | $27.0B5 | $26.1B3 | $25.2B3 |
| Shareholders’ equity | $975.2M6 | $1.7B4 | $1.9B5 | $4.2B3 | $4.4B3 | $4.5B3 | $4.6B3 |
| Shares outstanding | 83.9M shares7 | 130.0M shares8 | 135.3M shares6 | 224.8M shares4 | 216.2M shares5 | 198.5M shares3 | 192.9M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $91.8M6 | $198.9M4 | $242.6M5 | $394.8M3 | $438.1M3 | $391.8M3 | |
| Capital spending | $8.0M6 | $4.2M4 | $8.3M5 | $24.0M3 | $23.7M3 | $20.1M3 | |
| Free cash flow | $83.7M | $194.7M | $234.3M | $370.8M | $414.4M | $371.8M | |
| Dividends paid | $30.4M8 | $36.5M8 | $44.0M5 | $63.1M3 | $58.1M3 | $54.5M3 | |
| Share buybacks | $04 | $05 | $159.9M3 | $382.9M3 | $111.6M3 | ||
| Dividend per share | $0.286 | $0.284 | $0.285 | $0.283 | $0.283 | $0.283 |
Leadership
Who has led STERLING BANCORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJack L. Kopnisky Jul 8, 2011 to Feb 2, 20229
- Chief executive officerGeorge Strayton May 22, 2006 to Oct 5, 201110
- PresidentBrian T. Edwards Feb 8, 2019 to Mar 2, 202011
- PresidentThomas X. Geisel May 29, 2018 to Feb 2, 202212
- PresidentJack L. Kopnisky Jul 8, 2011 to Feb 2, 20229
- PresidentGeorge Strayton May 22, 2006 to Oct 5, 201110
- Chief financial officerStephen Masterson V. Jan 11, 2012 to Jan 11, 201213
- Chief financial officerLuis Massiani Nov 29, 2012 to Mar 27, 202014
- Chief financial officerPaul A. Maisch Oct 3, 2006 to Nov 3, 201115
- Chief operating officerLuis Massiani Feb 9, 2021 to Feb 2, 202216
- Chief operating officerChristina M. Favilla Jul 11, 2017 to Oct 9, 201817
- Chief operating officerRodney Whitwell Aug 19, 2013 to Nov 1, 201718
Board members and other officers (48)
- Executive Vice PresidentBeatrice Ordonez Jan 26, 2021 to Feb 3, 202219
- Chief Human Resource OfficerMarissa Weidner Apr 19, 2021 to Feb 3, 202220
- Chief Human Resource OfficerJavier L. Evan May 29, 2018 to Feb 2, 202221
- Executive Vice PresidentBrian T. Edwards May 30, 2018 to Oct 11, 201822
- EVP, President of Specialty LeThomas X. Geisel Apr 1, 2015 to Jul 2, 201523
- Chief Risk OfficerMichael E. Finn Jul 2, 2015 to Feb 2, 202224
- EVP, Hudson Valley Market PresVincent L. Delucia Oct 1, 2014 to Jul 2, 201525
- Commercial Finance ExecutiveHoward M. Applebaum Nov 1, 2013 to Feb 11, 201526
- EVP Consumer BankingMichael Bizenov Nov 4, 2013 to Jul 2, 201527
- Senior VP, Strategy/Corp DevelRodney Whitwell Sep 1, 2011 to Feb 2, 202228
- Executive Vice PresidentDavid S. Bagatelle Nov 2, 2011 to Jul 2, 201529
- Executive Vice PresidentJames R. Peoples Dec 2, 2011 to Jul 10, 201730
- Executive Vice PresidentDaniel Rothstein Jan 17, 2006 to Nov 8, 201331
- Executive Vice PresidentRichard O. Jones Oct 3, 2006 to Nov 7, 201132
- Executive Vice PresidentStephen Dormer Oct 3, 2006 to Nov 7, 201133
- Board memberMona Aboelnaga Jun 4, 2019 to Feb 2, 202234
- Board memberMaureen Mitchell May 29, 2018 to Feb 2, 202235
- Board memberMonte N. Redman Oct 4, 2017 to May 31, 201836
- Board memberPatricia M. Nazemetz Oct 4, 2017 to Feb 2, 202237
- Board memberRalph F. Palleschi Oct 4, 2017 to Feb 2, 202238
- Board memberRobert Giambrone Oct 4, 2017 to Feb 2, 202239
- Board memberCraig S. Thompson Jul 2, 2015 to Jun 1, 201740
- Board memberJames J. Landy Jul 2, 2015 to Feb 2, 202241
- Board memberJohn P. Cahill Jul 2, 2015 to Feb 2, 202242
- Board memberWilliam E. Whiston Jul 2, 2015 to Feb 2, 202243
- Board memberFernando Ferrer Nov 1, 2013 to Feb 2, 202244
- Board memberJames B. Klein Nov 1, 2013 to Jul 2, 201545
- Board memberJohn C. Millman Nov 1, 2013 to Jun 1, 201746
- Board memberLouis J. Cappelli Nov 1, 2013 to Feb 12, 201647
- Board memberRichard L. O'Toole Nov 6, 2012 to Feb 2, 202248
- Board memberJames F. Deutsch Nov 8, 2012 to Jan 2, 201949
- Board memberJack L. Kopnisky Jul 8, 2011 to Feb 2, 20229
- Board memberNavy E. Djonovic Nov 8, 2010 to Feb 2, 202250
- Board memberJudith Hershaft Oct 19, 2009 to Sep 7, 201151
- Board memberBurt Steinberg Jun 19, 2008 to Feb 10, 202152
- Board memberWilliam R. Sichol Jr. Sep 22, 2008 to Dec 22, 200953
- Board memberThomas F. Jauntig Jr. Dec 10, 2008 to Nov 2, 201254
- Board memberCarl Rosenstock Mar 1, 2007 to Nov 2, 201255
- Board memberVictoria Kossover Feb 7, 2006 to Nov 2, 201256
- Board memberThomas G. Kahn Mar 15, 2006 to May 31, 201857
- Board memberDennis L. Coyle Mar 21, 2006 to Nov 2, 201258
- Board memberDonald T. McNelis May 22, 2006 to Feb 5, 201359
- Board memberGeorge Strayton May 22, 2006 to Oct 23, 201310
- Board memberRichard A. Nozell May 22, 2006 to Jan 28, 201060
- Board memberR. Michael Kennedy Nov 2, 2006 to Oct 1, 201261
- Board memberWilliam F. Helmer Dec 15, 2006 to Jan 4, 201762
- General counselJames P. Blose Jul 2, 2015 to Feb 2, 202263
- General counselDale C. Fredston Nov 1, 2013 to Jul 2, 201564
Former names
Timeline
Filings
63 filings to the SEC since October 2021: 1 quarterly reports, 5 major events, 35 insider forms, 4 large holders, 18 other. The latest 20:
- Feb 11, 202215-15D EDGAR
- Feb 11, 202215-12B EDGAR
- Feb 10, 2022SC 13G/A SCHEDULE 13G/A EDGAR
- Feb 8, 2022SC 13G/A SEC SCHEDULE 13G EDGAR
- Feb 3, 20224 FORM 4 SUBMISSION EDGAR
- Feb 3, 20224 FORM 4 SUBMISSION EDGAR
- Feb 3, 2022SC 13G/A EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
- Feb 2, 20224 FORM 4 SUBMISSION EDGAR
The 63 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
5 open-market trades by officers, directors and large owners since October 2021: 0 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 6, 2021 | Blose James PGeneral Counsel and CLO | Sale | 3,000 | $25.63 | $76.9K | Form 4 |
| Nov 29, 2021 | Blose James PGeneral Counsel and CLO | Sale | 5,000 | $25.50 | $127.5K | Form 4 |
| Nov 23, 2021 | Evans Javier L.Chief Bus Oper & Svc Officer | Sale | 2,771 | $27.30 | $75.6K | Form 4 |
| Nov 22, 2021 | Massiani LuisSEVP/COO | Sale | 51,864 | $26.80 | $1.4M | Form 4 |
| Oct 27, 2021 | KOPNISKY JACK LPresident & CEO | Sale | 54,435 | $25.38 | $1.4M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 10, 202265
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 1 filing Feb 8, 202266
- Wellington Management CompanySC 13G/A, 1 filing Jan 10, 202267
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 11SEC EDGARBrian T. Edwards, President
- 12SEC EDGARThomas X. Geisel, President
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- 24SEC EDGARMichael E. Finn, Chief Risk Officer
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- 34SEC EDGARMona Aboelnaga, Board member
- 35SEC EDGARMaureen Mitchell, Board member
- 36SEC EDGARMonte N. Redman, Board member
- 37SEC EDGARPatricia M. Nazemetz, Board member
- 38SEC EDGARRalph F. Palleschi, Board member
- 39SEC EDGARRobert Giambrone, Board member
- 40SEC EDGARCraig S. Thompson, Board member
- 41SEC EDGARJames J. Landy, Board member
- 42SEC EDGARJohn P. Cahill, Board member
- 43SEC EDGARWilliam E. Whiston, Board member
- 44SEC EDGARFernando Ferrer, Board member
- 45SEC EDGARJames B. Klein, Board member
- 46SEC EDGARJohn C. Millman, Board member
- 47SEC EDGARLouis J. Cappelli, Board member
- 48SEC EDGARRichard L. O'Toole, Board member
- 49SEC EDGARJames F. Deutsch, Board member
- 50SEC EDGARNavy E. Djonovic, Board member
- 51SEC EDGARJudith Hershaft, Board member
- 52SEC EDGARBurt Steinberg, Board member
- 53SEC EDGARWilliam R. Sichol Jr., Board member
- 54SEC EDGARThomas F. Jauntig Jr., Board member
- 55SEC EDGARCarl Rosenstock, Board member
- 56SEC EDGARVictoria Kossover, Board member
- 57SEC EDGARThomas G. Kahn, Board member
- 58SEC EDGARDennis L. Coyle, Board member
- 59SEC EDGARDonald T. McNelis, Board member
- 60SEC EDGARRichard A. Nozell, Board member
- 61SEC EDGARR. Michael Kennedy, Board member
- 62SEC EDGARWilliam F. Helmer, Board member
- 63SEC EDGARJames P. Blose, General counsel
- 64SEC EDGARDale C. Fredston, General counsel
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