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SBT News

US IPO Weekly Recap: 9 IPOs in final feast before Thanksgiving

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Nine companies came public this week raising a combined $1.1 billion, plus one blank check company. The week's three largest expected IPOs postponed. All but two companies priced below the target midpoint. Enterprise tech darlings SailPoint and...read more

Sterling Bancorp prices IPO at $12, the low end of the range

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Sterling Bancorp, a bank focused on residential mortgage loans in California, raised $180 million by offering 15 million shares at $12, the low end of the range of $12 to $14. Sterling Bancorp plans to list on the Nasdaq under the symbol SBT. Sandler O'Neill...read more

Sterling Bancorp sets terms for $130 million IPO

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Sterling Bancorp, a bank focused on residential mortgage loans in California, announced terms for its IPO on Tuesday. The Southfield, MI-based company plans to raise $130 million by offering 10 million shares (23% insider) at a price range of $12 to $14. At...read more

California banking: Sterling Bancorp files for a $230 million IPO

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Sterling Bancorp, a bank focused on residential mortgage loans in California, filed on Thursday with the SEC to raise up to $230 million in an initial public offering. The company is headquartered in Southfield, MI, but does most of its lending in...read more

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