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Sterling Bancorp Accelerates Vesting Amid EverBank Sale

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Sterling Bancorp Accelerates Vesting Amid EverBank Sale

Sterling Bancorp ( (SBT) ) has issued an announcement.

On March 19, 2025, Sterling Bancorp’s Executive Compensation Committee decided to accelerate the vesting of all unvested shares of restricted stock for independent directors and key employees. This decision followed the approval of Sterling Bank and Trust’s sale to EverBank Financial Corp, along with all necessary regulatory approvals and fulfillment of other closing conditions.

More about Sterling Bancorp

YTD Price Performance: 2.73%

Average Trading Volume: 27,630

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $255.7M

For detailed information about SBT stock, go to TipRanks’ Stock Analysis page.

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