Peer Analysis

Performance Ratios (%) STL Peer Median Peer Average
ROAA 1.45 1.26 1.31
ROAE 10.30 11.03 11.11
Net Interest Margin 3.56 3.65 3.72
Efficiency Ratio 38.69 57.12 55.36
Loans / Deposits 90.59 94.04 90.76
Asset Quality Ratios (%)
NPAs / Assets 0.70 0.47 0.53
NCOs / Avg Loans 0.14 0.19 0.26
Reserves / Loans 0.46 0.84 0.89
Reserves / NPAs 43.28 123.23 150.20
Capital Ratios (%)
Tier 1 Capital 12.95 11.25 11.45
Tangible Equity / Tangible Assets 9.06 9.04 9.22
Total Equity / Total Assets 14.11 11.22 12.05
Market Ratios
Price / Earnings (x) 10.38 11.98 12.42
Price / Book (%) 102.06 122.31 130.29
Dividend Yield (%) 1.38 2.46 2.56
Data for trailing four quarters

Sterling Bancorp's peer group consists of the following: Associated Banc-Corp (ASB), Bank OZK (OZK), BankUnited, Inc. (BKU), BOK Financial Corporation (BOKF), Commerce Bancshares, Inc. (CBSH), Cullen/Frost Bankers, Inc. (CFR), East West Bancorp, Inc. (EWBC), F.N.B. Corporation (FNB), First Citizens BancShares, Inc. (FCNC.A), First Horizon National Corporation (FHN), First National of Nebraska, Inc. (FINN), Fulton Financial Corporation (FULT), Hancock Whitney Corporation (HWC), IBERIABANK Corporation (IBKC), Investors Bancorp, Inc. (ISBC), MB Financial, Inc. (MBFI), PacWest Bancorp (PACW), People's United Financial, Inc. (PBCT), Pinnacle Financial Partners, Inc. (PNFP), Prosperity Bancshares, Inc. (PB), Signature Bank (SBNY), Synovus Financial Corp. (SNV), TCF Financial Corporation (TCF), Texas Capital Bancshares, Inc. (TCBI), UMB Financial Corporation (UMBF), Umpqua Holdings Corporation (UMPQ), Valley National Bancorp (VLY), Webster Financial Corporation (WBS), Western Alliance Bancorporation (WAL), Wintrust Financial Corporation (WTFC)

Sterling Bancorp's financial data is as of 12/31/2018.

Peer financial data is as of 12/31/2018 except for these companies:

Commerce Bancshares, Inc.'s financial data is as of 3/31/2019.
First Horizon National Corporation's financial data is as of 3/31/2019.
Fulton Financial Corporation's financial data is as of 3/31/2019.
Hancock Whitney Corporation's financial data is as of 3/31/2019.
Bank OZK's financial data is as of 3/31/2019.
Webster Financial Corporation's financial data is as of 3/31/2019.
Wintrust Financial Corporation's financial data is as of 3/31/2019.
Texas Capital Bancshares, Inc.'s financial data is as of 3/31/2019.
East West Bancorp, Inc.'s financial data is as of 3/31/2019.
Umpqua Holdings Corporation's financial data is as of 3/31/2019.
PacWest Bancorp's financial data is as of 3/31/2019.
Pinnacle Financial Partners, Inc.'s financial data is as of 3/31/2019.
Signature Bank's financial data is as of 3/31/2019.
People's United Financial, Inc.'s financial data is as of 3/31/2019.