SOUTHFIELD, Mich. (AP) _ Sterling Bancorp Inc. (SBT) on Thursday reported net income of $4.8 million in its fourth quarter.
The Southfield, Michigan-based bank said it had earnings of 10 cents per share.
The bank holding company posted revenue of $29.5 million in the period. Its revenue net of interest expense was $25.3 million, surpassing Street forecasts.
For the year, the company reported profit of $20.1 million, or 40 cents per share. Revenue was reported as $97 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBT at https://www.zacks.com/ap/SBT
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