NASDAQ:SBNY - Signature Bank Stock Price, News, & Analysis

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

Signature Bank declared a quarterly dividend on Friday, October 19th. Shareholders of record on Thursday, November 1st will be paid a dividend of $0.56 per share on Thursday, November 15th. This represents a $2.24 annualized dividend and a yield of 2.06%. The ex-dividend date is Wednesday, October 31st. View Signature Bank's Dividend History.

Signature Bank (NASDAQ:SBNY) announced its earnings results on Thursday, October, 18th. The bank reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.83 by $0.01. The bank had revenue of $329.34 million for the quarter, compared to analyst estimates of $331.77 million. Signature Bank had a return on equity of 14.34% and a net margin of 27.66%. The business's quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 EPS. View Signature Bank's Earnings History.

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Signature Bank.

14 brokerages have issued 1-year target prices for Signature Bank's shares. Their predictions range from $130.00 to $190.00. On average, they expect Signature Bank's share price to reach $141.9231 in the next year. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Signature Bank.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

News articles about SBNY stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Signature Bank earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Some companies that are related to Signature Bank include M&T Bank (MTB), Northern Trust (NTRS), Deutsche Bank (DB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Popular (BPOP), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), Investors Bancorp (ISBC) and IBERIABANK (IBKC).

Signature Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.56%), Vanguard Group Inc. (8.60%), Vanguard Group Inc (8.60%), Alecta Pensionsforsakring Omsesidigt (4.60%), FMR LLC (3.90%) and Massachusetts Financial Services Co. MA (2.20%).

SBNY stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, TIAA CREF Investment Management LLC, Teachers Advisors LLC, First Trust Advisors LP, Mitsubishi UFJ Trust & Banking Corp, GW&K Investment Management LLC, Frontier Capital Management Co. LLC and Mackenzie Financial Corp.

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, CI Global Investments Inc., Brown Brothers Harriman & Co., American Century Companies Inc., BlackRock Inc., Wedge Capital Management L L P NC, Federated Investors Inc. PA and Dimensional Fund Advisors LP.

Shares of SBNY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SBNY stock can currently be purchased for approximately $108.90.

Signature Bank has a market capitalization of $5.99 billion and generates $1.51 billion in revenue each year. The bank earns $387.20 million in net income (profit) each year or $8.91 on an earnings per share basis. Signature Bank employs 1,305 workers across the globe.

The official website for Signature Bank is http://www.signatureny.com.

Signature Bank's mailing address is 565 Fifth Avenue, New York NY, 10017. The bank can be reached via phone at 646-822-1500 or via email at [email protected]