HOUSTON, Aug. 1 /PRNewswire-FirstCall/ -- Sterling Bancshares, Inc. , announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share of common stock at the meeting held on July 31, 2006. The dividend is payable August 25, 2006 to shareholders of record on August 11, 2006.
Sterling Bancshares, Inc., is a Houston-based bank holding company with total assets of $3.8 billion, which operates 40 banking offices in the greater metro areas of Houston, San Antonio, and Dallas, Texas. These cities are the 4th, 7th and 9th largest in the United States, respectively, based on population. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol "SBIB". For more information on Sterling Bancshares, please visit the Company's web site at http://www.banksterling.com/ .
For More Information Contact:
J. Downey Bridgwater, Chairman, President
& Chief Executive Officer, 713-507-2670
Stephen C. Raffaele, Executive Vice President &
Chief Financial Officer, 713-507-7408
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