July 28, 2011 in Business

Earnings: Sterling Financial Corp.

 
Stock symbol: STSA
Reporting period: 2Q 2011
EARNINGS: $7.6 million

12 cents per share

Versus 1Q 2010: Loss of $58.2 million

($73.91 per share)

DEPOSITS: $6.6 billion
ASSETS: $9.1 billion
ANALYSIS: Non-performing assets declined by $131.3 million, or 21 percent. Per-share comparison reflects 1-66 stock split in late 2010.

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