Sterling Financial Corp.
Holding company of Sterling Savings Bank
Stock symbol:
STSA |
Reporting period:
2Q 2012 |
Earnings:
Profit of $320.9 million $5.13 per share
Versus 2Q 2011: Profit of $13.3 million 21 cents per share |
Deposits:
$6.8 billion |
Assets:
$9.6 billion |
Analysis: Sterling’s profit number included a $288.8 million income tax benefit that the accountants were allowed to record on the balance sheet. |