Sterling Infrastructure, headquartered in The Woodlands, Texas, employs 3,000 people and provides construction solutions across E-Infrastructure, Transportation, and Building segments, serving various sectors nationwide.
STRL has been in the news recently: Sterling Infrastructure's stock increased by 16% last week, bolstered by a 25% return on equity and 32% net income growth over the past five years, surpassing industry performance. Additionally, Sterling Bancorp, Inc. is set to sell Sterling Bank to EverBank for $261 million, with the transaction anticipated to finalize in Q1 2025, pending necessary approvals.
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