Signature Bank Company Profile (NASDAQ:SBNY)

About Signature Bank (NASDAQ:SBNY)

Signature Bank logoSignature Bank is a full-service commercial bank. The Bank operates over 30 private client offices throughout the New York metropolitan area. Its segments include Commercial Banking and Specialty Finance. It offers a range of business and personal banking products and services. Its specialty finance subsidiary, Signature Financial LLC (Signature Financial), provides equipment finance and leasing services. Signature Securities Group Corporation, a subsidiary of Bank, is a licensed broker-dealer, investment advisor offering investment, brokerage, asset management and insurance products and services. The Commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, commercial vehicle, municipal and national franchise financing and/or leasing.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:SBNY
  • CUSIP: 82669G10
  • Web:
  • Market Cap: $6.5 billion
  • Outstanding Shares: 54,097,000
Average Prices:
  • 50 Day Moving Avg: $128.78
  • 200 Day Moving Avg: $139.56
  • 52 Week Range: $113.53 - $164.23
  • Trailing P/E Ratio: 19.25
  • Foreward P/E Ratio: 11.94
  • P/E Growth: 1.18
Sales & Book Value:
  • Annual Revenue: $926.93 million
  • Price / Sales: 7.02
  • Book Value: $70.19 per share
  • Price / Book: 1.71
  • Net Margins: 23.62%
  • Return on Equity: 12.61%
  • Return on Assets: 1.18%
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.91%
  • Average Volume: 494,147 shs.
  • Beta: 0.97
  • Short Ratio: 2.45

Frequently Asked Questions for Signature Bank (NASDAQ:SBNY)

What is Signature Bank's stock symbol?

Signature Bank trades on the NASDAQ under the ticker symbol "SBNY."

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) posted its earnings results on Wednesday, July, 19th. The company reported $2.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.22 by $0.01. The company earned $316.79 million during the quarter, compared to the consensus estimate of $324.44 million. Signature Bank had a net margin of 23.62% and a return on equity of 12.61%. During the same quarter in the previous year, the business posted $1.90 earnings per share. View Signature Bank's Earnings History.

When will Signature Bank make its next earnings announcement?

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for Signature Bank.

Where is Signature Bank's stock going? Where will Signature Bank's stock price be in 2017?

14 brokerages have issued 1 year target prices for Signature Bank's shares. Their forecasts range from $126.00 to $183.00. On average, they anticipate Signature Bank's stock price to reach $158.93 in the next twelve months. View Analyst Ratings for Signature Bank.

Are investors shorting Signature Bank?

Signature Bank saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,935,703 shares, an increase of 36.1% from the August 15th total of 1,421,960 shares. Based on an average trading volume of 294,214 shares, the short-interest ratio is presently 6.6 days. Currently, 3.7% of the company's stock are short sold.

Who are some of Signature Bank's key competitors?

Who are Signature Bank's key executives?

Signature Bank's management team includes the folowing people:

  • Scott A. Shay, Chairman of the Board
  • Joseph J. DePaolo, President, Chief Executive Officer, Director
  • Vito Susca, Chief Financial Officer, Senior Vice President
  • Mark T. Sigona, Executive Vice President, Chief Operating Officer
  • Peter S. Quinlan, Executive Vice President, Treasurer
  • Eric R. Howell, Executive Vice President-Corporate & Business Development
  • Michael J. Merlo, Executive Vice President and Chief Credit Officer
  • James Yu, Senior Vice President
  • Michael Sharkey, Senior Vice President, Chief Technology Officer
  • John Tamberlane, Vice Chairman of the Board

Who owns Signature Bank stock?

Signature Bank's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.77%), Vanguard Group Inc. (7.91%), Capital Research Global Investors (5.35%), State Street Corp (4.85%), Alecta Pensionsforsakring Omsesidigt (4.33%) and Franklin Resources Inc. (2.77%). View Institutional Ownership Trends for Signature Bank.

Who sold Signature Bank stock? Who is selling Signature Bank stock?

Signature Bank's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Victory Capital Management Inc., William Blair Investment Management LLC, Frontier Capital Management Co. LLC, Franklin Resources Inc., FMR LLC, Tocqueville Asset Management L.P. and Zevenbergen Capital Investments LLC. View Insider Buying and Selling for Signature Bank.

Who bought Signature Bank stock? Who is buying Signature Bank stock?

Signature Bank's stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Koch Industries Inc., TimesSquare Capital Management LLC, Wedge Capital Management L L P NC, Lord Abbett & CO. LLC, Westfield Capital Management Co. LP, Alecta Pensionsforsakring Omsesidigt and Alliancebernstein L.P.. View Insider Buying and Selling for Signature Bank.

How do I buy Signature Bank stock?

Shares of Signature Bank can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Signature Bank's stock price today?

One share of Signature Bank stock can currently be purchased for approximately $120.22.

MarketBeat Community Rating for Signature Bank (NASDAQ SBNY)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  453 (Vote Outperform)
Underperform Votes:  226 (Vote Underperform)
Total Votes:  679
MarketBeat's community ratings are surveys of what our community members think about Signature Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Signature Bank (NASDAQ:SBNY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $158.93 (32.20% upside)

Analysts' Ratings History for Signature Bank (NASDAQ:SBNY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/20/2017Bank of America CorporationLower Price TargetBuy$175.00 -> $165.00LowView Rating Details
9/20/2017WedbushDowngradeOutperform -> Neutral$157.00 -> $126.00LowView Rating Details
9/15/2017Morgan StanleyLower Price TargetOverweight$164.00 -> $150.00LowView Rating Details
9/11/2017Hovde GroupUpgradeUnderperform -> Market Perform$132.00MediumView Rating Details
9/7/2017Jefferies Group LLCReiterated RatingBuy$169.00 -> $145.00MediumView Rating Details
7/20/2017Deutsche Bank AGLower Price TargetBuy$178.00 -> $162.00MediumView Rating Details
7/20/2017BMO Capital MarketsReiterated RatingHold$157.00MediumView Rating Details
7/19/2017Maxim GroupReiterated RatingBuy$175.00MediumView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingBuy$158.00LowView Rating Details
7/12/2017Barclays PLCReiterated RatingOverweight$175.00 -> $170.00MediumView Rating Details
4/22/2017Piper Jaffray CompaniesReiterated RatingNeutral$167.00 -> $157.00LowView Rating Details
4/22/2017FBR & CoReiterated RatingOutperform$180.00 -> $170.00LowView Rating Details
4/6/2017Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Outperform$167.00 -> $183.00LowView Rating Details
12/21/2016StephensInitiated CoverageOverweight$175.00N/AView Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
4/1/2016Merion Capital GroupInitiated CoverageOutperform$162.00N/AView Rating Details
3/28/2016Sandler O'NeillBoost Price TargetHold$136.00N/AView Rating Details
3/28/2016Credit Suisse GroupBoost Price TargetOutperform$113.00 -> $145.00N/AView Rating Details
2/4/2016GuggenheimLower Price Target$175.00 -> $170.00N/AView Rating Details
12/10/2015SunTrust Banks, Inc.Boost Price TargetBuy$168.00 -> $176.00N/AView Rating Details
9/30/2015Royal Bank Of CanadaInitiated CoverageOutperform$168.00N/AView Rating Details
(Data available from 9/21/2015 forward)


Earnings History for Signature Bank (NASDAQ:SBNY)
Earnings by Quarter for Signature Bank (NASDAQ:SBNY)
Earnings History by Quarter for Signature Bank (NASDAQ SBNY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2017$2.30N/AView Earnings Details
7/19/2017Q2 2017$2.22$2.21$324.44 million$316.79 millionViewN/AView Earnings Details
4/19/2017Q1 2017$2.10$2.15$311.70 million$311.63 millionViewN/AView Earnings Details
1/19/2017Q416$2.09$2.11$308.26 million$306.89 millionViewListenView Earnings Details
10/20/2016Q316$2.04$2.11$301.53 million$301.54 millionViewListenView Earnings Details
7/20/2016Q216$1.97$1.90$295.60 million$294.79 millionViewListenView Earnings Details
4/20/2016Q116$1.95$1.97$282.31 million$286.77 millionViewListenView Earnings Details
1/21/2016Q415$1.93$2.01$268.49 million$277.68 millionViewListenView Earnings Details
10/20/2015Q315$1.82$1.88$256.64 million$257.82 millionViewListenView Earnings Details
7/21/2015Q215$1.69$1.77$241.82 million$246.06 millionViewListenView Earnings Details
4/21/2015Q115$1.59$1.64$227.62 million$232.65 millionViewListenView Earnings Details
1/22/2015Q414$1.56$1.60$222.19 million$223.08 millionViewN/AView Earnings Details
10/21/2014Q3 14$1.46$1.52$210.72 million$213.32 millionViewListenView Earnings Details
7/22/2014Q2$1.42$1.44$202.74 million$206.10 millionViewN/AView Earnings Details
4/22/2014Q114$1.35$1.37$189.50 million$215.77 millionViewN/AView Earnings Details
1/21/2014Q4 13$1.26$1.34$181.32 millionViewN/AView Earnings Details
10/22/2013Q313$1.18$1.25$171.60 millionViewN/AView Earnings Details
7/23/2013Q2 2013$1.08$1.12$161.80 millionViewN/AView Earnings Details
4/23/2013Q1 2013$1.04$1.06$156.66 millionViewN/AView Earnings Details
1/22/2013Q4 2012$1.02$1.05$154.07 millionViewN/AView Earnings Details
10/23/2012$0.95$1.00ViewN/AView Earnings Details
7/24/2012$0.88$0.96ViewN/AView Earnings Details
4/24/2012$0.86$0.90ViewN/AView Earnings Details
1/24/2012$0.84$0.85ViewN/AView Earnings Details
10/25/2011$0.80$0.83ViewN/AView Earnings Details
7/26/2011$0.78$0.87ViewN/AView Earnings Details
4/26/2011$0.72$0.82ViewN/AView Earnings Details
1/25/2011$0.63$0.72ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Signature Bank (NASDAQ:SBNY)
2017 EPS Consensus Estimate: $9.07
2018 EPS Consensus Estimate: $10.62
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20178$2.01$2.21$2.09
Q2 20179$2.15$2.30$2.22
Q3 20178$2.24$2.42$2.34
Q4 20178$2.28$2.54$2.42
Q1 20183$2.38$2.80$2.53
Q2 20184$2.45$2.86$2.57
Q3 20183$2.59$2.94$2.71
Q4 20184$2.68$3.04$2.81
(Data provided by Zacks Investment Research)


Dividend History for Signature Bank (NASDAQ:SBNY)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Signature Bank (NASDAQ:SBNY)
No insider trades for this company have been tracked by


Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
DateHeadline logoSignature Bank (SBNY) Cut to Neutral at Wedbush - September 21 at 12:38 AM logoBank of America Corporation Cuts Signature Bank (SBNY) Price Target to $165.00 - September 20 at 6:24 PM logoSignature Bank (SBNY) Short Interest Update - September 16 at 1:20 AM logoSignature Bank (SBNY) Price Target Lowered to $150.00 at Morgan Stanley - September 15 at 2:34 PM logoBanking Stock Performance Review -- Signature Bank, United Bankshares, BankUnited, and Citizens Financial - September 14 at 9:42 AM logoHovde Group Upgrades Signature Bank (SBNY) to Market Perform - September 11 at 8:10 AM logoSignature Bank to Post Q3 2017 Earnings of $2.24 Per Share, Jefferies Group Forecasts (SBNY) - September 11 at 1:20 AM logo Analysts Expect Signature Bank (SBNY) Will Post Quarterly Sales of $324.99 Million - September 10 at 9:12 AM logoZacks: Analysts Anticipate Signature Bank (SBNY) Will Post Earnings of $2.21 Per Share - September 8 at 4:22 AM logoSignature Bank's (SBNY) Buy Rating Reiterated at Jefferies Group LLC - September 7 at 8:58 PM logoSignature Bank (SBNY) Given Consensus Recommendation of "Buy" by Brokerages - September 6 at 8:32 AM logoSignature Bank to Present at the Barclays Global Financial Services Conference 2017 - September 6 at 8:00 AM logoSignature Bank to Present at the Barclays Global Financial Services Conference 2017 - September 6 at 8:00 AM logoSignature Bank (SBNY) Cut to Hold at ValuEngine - September 2 at 3:44 PM logoSignature Bank Expands Private Client Banking Network with Appointment of Two Teams - August 23 at 11:16 AM logoSignature Bank (SBNY) Expected to Post Earnings of $2.21 Per Share - August 20 at 12:28 PM logoSignature Bank (SBNY) Downgraded to Strong Sell at BidaskClub - August 18 at 7:35 PM logoSignature Bank (SBNY) Receives Average Rating of "Buy" from Brokerages - August 12 at 12:04 PM logoSee what the IHS Markit Score report has to say about Signature Bank. - August 10 at 7:41 AM logoSignature Bank (SBNY) Expected to Announce Quarterly Sales of $327.24 Million - August 4 at 7:58 AM logoSignature Bank (NASDAQ:SBNY) Expected to Post Earnings of $2.22 Per Share - August 2 at 8:14 AM logoETFs with exposure to Signature Bank (New York, New York) : July 24, 2017 - July 25 at 6:29 AM logoBrokers Offer Predictions for Signature Bank's Q3 2017 Earnings (NASDAQ:SBNY) - July 24 at 7:24 AM logoSignature Bank (NASDAQ:SBNY) Lowered to C+ at TheStreet - July 23 at 9:26 PM logoSignature Bank (NASDAQ:SBNY) PT Lowered to $162.00 at Deutsche Bank AG - July 20 at 9:02 PM logoSignature Bank (SBNY) Given Hold Rating at BMO Capital Markets - July 20 at 2:35 PM logoSignature Bank (SBNY) to Post Q3 2017 Earnings of $2.24 Per Share, Wedbush Forecasts - July 20 at 8:43 AM logoEdited Transcript of SBNY earnings conference call or presentation 19-Jul-17 2:00pm GMT - July 20 at 7:31 AM logoSignature Bank's (NASDAQ:SBNY) "Buy" Rating Reiterated at Maxim Group - July 19 at 4:30 PM logoSignature Bank (NASDAQ:SBNY) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS - July 19 at 10:55 AM logoSignature Bank EPS in-line, misses on revenue - July 19 at 7:36 AM logoSignature Bank misses Street 2Q forecasts - July 19 at 7:36 AM logoSignature Bank Reports 2017 Second Quarter Results - July 19 at 7:36 AM logoSignature Bank (SBNY) Receives Consensus Rating of "Buy" from Brokerages - July 18 at 12:45 PM logoSignature Bank (SBNY) Set to Announce Earnings on Wednesday - July 17 at 8:10 AM logoSignature Bank's (NASDAQ:SBNY) "Buy" Rating Reaffirmed at Keefe, Bruyette & Woods - July 15 at 1:40 PM logoETFs with exposure to Signature Bank (New York, New York) : July 13, 2017 - July 14 at 8:10 AM logoSignature Bank to Host 2017 Second Quarter Results Conference Call - July 14 at 8:10 AM logoBidaskClub Downgrades Signature Bank (NASDAQ:SBNY) to Sell - July 14 at 12:01 AM logo$324.44 Million in Sales Expected for Signature Bank (SBNY) This Quarter - July 13 at 1:20 PM logoJefferies Group Research Analysts Lower Earnings Estimates for Signature Bank (NASDAQ:SBNY) - July 13 at 10:42 AM logoSignature Bank's (NASDAQ:SBNY) Overweight Rating Reaffirmed at Barclays PLC - July 12 at 9:26 AM logo Brokerages Expect Signature Bank (NASDAQ:SBNY) to Announce $2.23 EPS - July 11 at 9:40 AM logoSignature Bank (New York, New York) – Value Analysis (NASDAQ:SBNY) : July 10, 2017 - July 11 at 7:26 AM logoSignature Bank (New York, New York) breached its 50 day moving average in a Bearish Manner : SBNY-US : July 7, 2017 - July 7 at 9:59 AM logoSignature Bank (NASDAQ:SBNY) Rating Reiterated by Morgan Stanley - July 7 at 7:42 AM logoSignature Bank (SBNY) Earns Buy Rating from Jefferies Group LLC - July 2 at 3:08 PM logoSignature Bank (NASDAQ:SBNY) Upgraded to Hold by BidaskClub - July 2 at 3:08 PM logoSignature Bank Expected to Earn Q2 2017 Earnings of $2.24 Per Share (SBNY) - June 30 at 8:44 AM logoSignature Bank Earns Two Gold Stevie® Awards in the 2017 American Business Awards℠ - June 29 at 6:45 AM



Signature Bank (SBNY) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff