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Sterling Bancorp reports 2Q loss

MONTEBELLO, N.Y. _ Sterling Bancorp on Monday reported a second-quarter loss of $7.6 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Sterling Bancorp shares have dropped almost 1 percent since the beginning of the year.
Source: The Associated Press