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Sterling Bancorp$23.10($.05)(.22%)

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Income Statement for Sterling Bancorp
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $746.65 $532.54 $410.89
Cost of Goods Sold $56.11 $33.19 $17.48
Gross Profit $690.54 $499.35 $393.41
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $302.03 $255.22 $248.90
Income Before Depreciation $388.52 $244.13 $144.52
       
Depreciation, Depletion, Amortization $13.01 $12.42 $10.04
Non-Operating Income ($65.88) $0.27 $17.08
Interest Expense $50.20 $24.09 $19.45
Pretax Income $180.97 $207.35 $97.95
       
Provision for Income Taxes $87.94 $67.38 $31.84
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $93.03 $139.97 $66.11
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $93.03 $139.97 $66.11
       
Basic Earnings Per Share $0.58 $1.07 $0.60
Diluted Earnings Per Share $0.58 $1.07 $0.60
       
Weighted Average Basic Shares Outstanding 157.51 130.61 109.91
Weighted Average Diluted Shares Outstanding 158.12 130.61 110.33
       
Income Before Non-Recurring Items $222.04 $145.52 $105.40
Income From Non-Recurring Items ($129.01) ($5.55) ($39.28)
Diluted Earnings Per Share before extras $1.40 $1.11 $0.96
       
Dividend (preferred) $1.67 N/A N/A
Dividend (common) $62.94 $37.87 $36.40
Dividend Per Share (common) $0.28 $0.28 $0.28




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