HOUSTON ( TheStreet) -- Sterling Bancshares ( SBIB) has put itself up for sale, the Wall Street Journal reports, citing people familiar with the situation. Bids were due late Thursday, and a sale of the bank is expected to be announced as early as next week, these people told the Journal. Sterling is expected to be valued at about $825 million, or just more than $8 a share, according to the newspaper. The stock closed Thursday at $7.48. BB&T ( BBT) and Comerica ( CMA) are among the banks that have expressed interest in Sterling, the Journal reports. BB&T and Comerica representatives declined to comment for the Journal, while a representative of Sterling couldn't be reached. Sterling ran into trouble when it expanded beyond its home turf of Texas and began making commercial real-estate loans in Arizona, Florida and California, the newspaper notes. Its problems have brought a proxy fight from its largest shareholder. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.