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Sterling Bancorp$20.22$.462.33%

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Income Statement for Sterling Bancorp
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $1,311.67 $746.65 $532.54
Cost of Goods Sold $130.10 $56.11 $33.19
Gross Profit $1,181.57 $690.54 $499.35
       
Research & Development Expense N/A $0.00 $0.00
Selling, General, & Admin. Expense $467.59 $302.03 $255.22
Income Before Depreciation $713.98 $388.52 $244.13
       
Depreciation, Depletion, Amortization $23.65 $13.01 $12.42
Non-Operating Income ($13.13) ($65.88) $0.27
Interest Expense $110.97 $50.20 $24.09
Pretax Income $566.23 $180.97 $207.35
       
Provision for Income Taxes $118.98 $87.94 $67.38
Minority Interest N/A $0.00 $0.00
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries $447.25 $93.03 $139.97
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $447.25 $93.03 $139.97
       
Basic Earnings Per Share $1.96 $0.58 $1.07
Diluted Earnings Per Share $1.95 $0.58 $1.07
       
Weighted Average Basic Shares Outstanding 224.30 157.51 130.61
Weighted Average Diluted Shares Outstanding 224.82 158.12 130.61
       
Income Before Non-Recurring Items $457.62 $222.04 $145.52
Income From Non-Recurring Items ($10.37) ($129.01) ($5.55)
Diluted Earnings Per Share before extras $2.00 $1.40 $1.11
       
Dividend (preferred) $7.62 $1.67 N/A
Dividend (common) $62.84 $62.94 $37.87
Dividend Per Share (common) $0.28 $0.28 $0.28




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