Sterling Bancorp to PRESENT AT STIFEL NICOLAUS

BANK Conference ON NOVEMBER 2, 2011

New York, N.Y., October 26, 2011 – Sterling Bancorp (NYSE: STL), a financial holding company and the parent company of Sterling National Bank, today announced that President John C. Millman will address the Stifel Nicolaus 2011 Bank Conference, which will be held next week at the Grand Hyatt Hotel in New York City. The Sterling Bancorp presentation will take place on Wednesday, November 2, 2011 at 10:30 a.m. Eastern Time.

The Sterling Bancorp presentation will be simultaneously webcast and can be accessed from the link: http://www.veracast.com/webcasts/stifel/bank2011/05105249.cfm.

A copy of the Sterling Bancorp presentation for the conference also will be available on the Company’s website beginning on November 2, 2011.

About Sterling Bancorp

Sterling Bancorp (NYSE: STL) is a New York City-based financial corporation with assets exceeding $2.6 billion. Since 1929, Sterling National Bank, the company’s principal banking subsidiary, has successfully served the needs of businesses, professionals and individuals in the New York metropolitan area and beyond. Sterling is well-known for its high-touch, hands-on approach to customer service and a special focus on serving the business community.

Sterling offers clients a full range of depository and cash management services plus a broad portfolio of financing solutions – including working capital lines, accounts receivable and inventory financing, factoring, trade financing, payroll funding and processing, equipment financing, commercial and residential mortgages and mortgage warehouse lines of credit.

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