GlobeNewswire Inc | Jul 21, 2021 04:05PM EDT

July 21, 2021

PEARL RIVER, N.Y., July 21, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors has declared a quarterly cash dividend of $0.07 per share. The dividend is payable August 16, 2021 to holders of record as of August 2, 2021.

About Sterling Bancorp

Sterling Bancorp, whose principal subsidiary is Sterling National Bank, specializes in the delivery of service and solutions to business owners, their families and consumers within the communities we serve through teams of dedicated and experienced relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services. For more information, visit the Sterling Bancorp website at www.sterlingbancorp.com.

STERLING BANCORP CONTACT:Emlen Harmon, SVP Director of Investor Relations212.309.7646

Sterling BancorpTwo Blue Hill Plaza, Second FloorPearl River, NY 10965

T 845.369.8040F 845.369.8255

http://www.sterlingbancorp.com