Sterling National Bank Overview
- Year Founded
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1888
- Status
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Acquired/Merged
- Employees
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1,460
- Latest Deal Type
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M&A
- Financing Rounds
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5
- Investments
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28
Sterling National Bank General Information
Description
Sterling Bancorp is a financial and bank holding company that operates primarily through its wholly owned subsidiary, Sterling National Bank. Sterling National Bank is a full-service regional bank that primarily delivers products and services to small and middle market commercial businesses and affluent consumers. Those products and services include deposit, lending, and wealth management products. The bank's strategy emphasizes growth, efficiency, and relationship building with its niche target market. It primarily operates in the New York metropolitan and suburban markets. Nearly all of its loan portfolio is in commercial loans, a plurality of which is in commercial real estate, followed by traditional commercial and industrial loans.
Contact Information
Website
www.snb.comCorporate Office
- P.O Box 1729
- Pearl River, NY 10965
- United States
Corporate Office
- P.O Box 1729
- Pearl River, NY 10965
- United States
Sterling National Bank Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Sterling National Bank Comparisons
Industry
Financing
Details
Sterling National Bank Competitors (13)
One of Sterling National Bank’s 13 competitors is Citizens Financial Group, a Corporate Backed or Acquired company based in Providence, RI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Citizens Financial Group | Corporate Backed or Acquired | Providence, RI | ||||
| Truist | Corporation | Charlotte, NC | ||||
| United Community Bank | Corporation | Blairsville, GA | ||||
| WSFS Bank | Corporation | Wilmington, DE | ||||
| Nanyang Commercial Bank | Corporate Backed or Acquired | Hong Kong, Hong Kong |
Sterling National Bank Patents
Sterling National Bank Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20030074315-A1 | System and apparatus for remotely printing certified documents | Inactive | 16-Oct-2001 |
Sterling National Bank Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Sterling National Bank Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Sterling National Bank Investments & Acquisitions (28)
Sterling National Bank’s most recent deal was a Later Stage VC with Goalsetter for . The deal was made on 25-Mar-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Goalsetter | 25-Mar-2024 | Later Stage VC | Financial Software | ||
| JAM FINTOP | 11-Jan-2022 | Early Stage VC | Private Equity | ||
| Texture Capital | 07-Sep-2021 | Corporate | Brokerage | ||
| Verdigris Holdings | 07-Jul-2021 | Later Stage VC | Financial Software | ||
| Finitive | 19-May-2021 | Early Stage VC | Financial Software |
Sterling National Bank Exits (2)
Sterling National Bank’s most recent exit was on 30-Jun-2006 from Hudson Valley Investment Advisors. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Hudson Valley Investment Advisors | 30-Jun-2006 | Completed |
|
||
| Hardenburgh Abstract Co. of Orange County | 01-Oct-2004 | Merger/Acquisition | Completed |
Sterling National Bank FAQs
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When was Sterling National Bank founded?
Sterling National Bank was founded in 1888.
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Where is Sterling National Bank headquartered?
Sterling National Bank is headquartered in Pearl River, NY.
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What is the size of Sterling National Bank?
Sterling National Bank has 1,460 total employees.
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What industry is Sterling National Bank in?
Sterling National Bank’s primary industry is National Banks.
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Is Sterling National Bank a private or public company?
Sterling National Bank is a Private company.
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What is the current valuation of Sterling National Bank?
The current valuation of Sterling National Bank is .
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What is Sterling National Bank’s current revenue?
The current revenue for Sterling National Bank is .
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How much funding has Sterling National Bank raised over time?
Sterling National Bank has raised $49.2M.
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Who are Sterling National Bank’s investors?
Castine Capital Management, Endicott Capital, Jacobs Asset Management, and Patriot Financial Partners have invested in Sterling National Bank.
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Who are Sterling National Bank’s competitors?
Citizens Financial Group, Truist, United Community Bank, WSFS Bank, and Nanyang Commercial Bank are some of the 13 competitors of Sterling National Bank.
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When was Sterling National Bank acquired?
Sterling National Bank was acquired on 31-Jan-2022.
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Who acquired Sterling National Bank?
Sterling National Bank was acquired by Webster Financial.
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