Signature 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: Regional - Mid-Atlantic Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:SBNY
- CUSIP: 82669G10
- Web: www.signatureny.com
- Market Cap: $7.72 billion
- Outstanding Shares: 54,020,000
- 50 Day Moving Avg: $139.93
- 200 Day Moving Avg: $148.98
- 52 Week Range: $113.53 - $164.23
Sales & Book Value:
- Trailing P/E Ratio: 18.13
- Foreward P/E Ratio: 13.55
- P/E Growth: 0.95
- Annual Revenue: $1.06 billion
- Price / Sales: 7.28
- Book Value: $69.69 per share
- Price / Book: 2.05
- Net Margins: 29.14%
- Return on Equity: 12.36%
- Return on Assets: 1.17%
- Debt-to-Equity Ratio: 0.64%
- Current Ratio: 0.91%
- Quick Ratio: 0.89%
- Average Volume: 508,952 shs.
- Beta: 0.94
- Short Ratio: 5.87
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) announced its earnings results on Wednesday, April, 19th. The company reported $2.15 EPS for the quarter, topping the Zacks' consensus estimate of $2.10 by $0.05. The company had revenue of $311.63 million for the quarter, compared to analysts' expectations of $311.70 million. Signature Bank had a return on equity of 12.36% and a net margin of 29.14%. During the same period last year, the firm earned $1.97 EPS. View Signature Bank's Earnings History.
When will Signature Bank make its next earnings announcement?
Where is Signature Bank's stock going? Where will Signature Bank's stock price be in 2017?
13 brokers have issued 1 year price objectives for Signature Bank's stock. Their forecasts range from $146.00 to $183.00. On average, they anticipate Signature Bank's stock price to reach $169.30 in the next year. View Analyst Ratings for Signature Bank.
Are investors shorting Signature Bank?
Signature Bank saw a increase in short interest in April. As of April 13th, there was short interest totalling 2,111,591 shares, an increase of 26.6% from the March 31st total of 1,667,415 shares. Based on an average daily volume of 562,279 shares, the short-interest ratio is currently 3.8 days.
Who are some of Signature Bank's key competitors?
Some companies that are related to Signature Bank include Synovus Financial Corp. (SNV), United Bankshares (UBSI), BankUnited (BKU), South State (SSB), Eagle Bancorp (EGBN), United Community Banks (UCBI), TowneBank (TOWN), Banner (BANR), BNC Bancorp (BNCN), WesBanco (WSBC), Ameris Bancorp (ABCB), Union Bankshares Corp (UBSH), WSFS Financial (WSFS), City Holding Company (CHCO), Southside Bancshares (SBSI), Sandy Spring Bancorp (SASR), Seacoast Banking Co. of Florida (SBCF) and Guaranty Bancorp (GBNK).
Who owns Signature Bank stock?
Signature Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.81%), Vanguard Group Inc. (7.86%), State Street Corp (4.87%), Alecta Pensionsforsakring Omsesidigt (4.04%), William Blair Investment Management LLC (3.10%) and JPMorgan Chase & Co. (2.61%). 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 William Blair Investment Management LLC, Victory Capital Management Inc., State Street Corp, JPMorgan Chase & Co., SG Americas Securities LLC, Lazard Asset Management LLC, Wells Fargo & Company MN and AQR Capital Management 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Alecta Pensionsforsakring Omsesidigt, Nordea Investment Management AB, Scout Investments Inc., Handelsbanken Fonder AB, Vanguard Group Inc., First Trust Advisors LP and Macquarie Group Ltd.. 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.
How much does a share of Signature Bank stock cost?
One share of Signature Bank stock can currently be purchased for approximately $142.94.
Consensus Ratings for Signature Bank (NASDAQ:SBNY) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 10 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.69)|
|Consensus Price Target: ||$169.30 (18.44% upside)|
Analysts' Ratings History for Signature Bank (NASDAQ:SBNY)
(Data available from 5/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/11/2017||ValuEngine||Upgrade||Hold -> Buy||Low|
|4/22/2017||Piper Jaffray Companies||Reiterated Rating||Neutral||$167.00 -> $157.00||Low|
|4/22/2017||Barclays PLC||Reiterated Rating||Overweight||$173.00 -> $175.00||Low|
|4/22/2017||FBR & Co||Reiterated Rating||Outperform||$180.00 -> $170.00||Low|
|4/11/2017||Jefferies Group LLC||Reiterated Rating||Buy||$175.00||Medium|
|4/6/2017||Raymond James Financial, Inc.||Reiterated Rating||Strong-Buy -> Outperform||$167.00 -> $183.00||Low|
|4/3/2017||Keefe, Bruyette & Woods||Set Price Target||Buy||$164.00||Low|
|3/24/2017||Deutsche Bank AG||Lower Price Target||Buy||$181.00 -> $178.00||Low|
|3/22/2017||BMO Capital Markets||Reiterated Rating||Hold||$170.00||Low|
|11/14/2016||Hovde Group||Downgrade||Market Perform -> Underperform||N/A|
|7/9/2016||JPMorgan Chase & Co.||Reiterated Rating||Buy||N/A|
|6/29/2016||Morgan Stanley||Reiterated Rating||Overweight||N/A|
|4/1/2016||Merion Capital Group||Initiated Coverage||Outperform||$162.00||N/A|
|3/28/2016||Sandler O'Neill||Boost Price Target||Hold||$136.00||N/A|
|3/28/2016||Credit Suisse Group AG||Boost Price Target||Outperform||$113.00 -> $145.00||N/A|
|2/4/2016||Guggenheim||Lower Price Target||$175.00 -> $170.00||N/A|
|12/10/2015||SunTrust Banks, Inc.||Boost Price Target||Buy||$168.00 -> $176.00||N/A|
|9/30/2015||Royal Bank of Canada||Initiated Coverage||Outperform||$168.00||N/A|
|7/22/2015||Maxim Group||Boost Price Target||Buy||$155.00 -> $175.00||N/A|
Earnings History for Signature Bank (NASDAQ:SBNY)Earnings History by Quarter for Signature Bank (NASDAQ:SBNY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/18/2017|| || || || || || || || |
|4/19/2017||Q1 2017||$2.10||$2.15||$311.70 million||$311.63 million||View||N/A|
|1/19/2017||Q416||$2.09||$2.11||$308.26 million||$306.89 million||View||Listen|
|10/20/2016||Q316||$2.04||$2.11||$301.53 million||$301.54 million||View||Listen|
|7/20/2016||Q216||$1.97||$1.90||$295.60 million||$294.79 million||View||Listen|
|4/20/2016||Q116||$1.95||$1.97||$282.31 million||$286.77 million||View||Listen|
|1/21/2016||Q415||$1.93||$2.01||$268.49 million||$277.68 million||View||Listen|
|10/20/2015||Q315||$1.82||$1.88||$256.64 million||$257.82 million||View||Listen|
|7/21/2015||Q215||$1.69||$1.77||$241.82 million||$246.06 million||View||Listen|
|4/21/2015||Q115||$1.59||$1.64||$227.62 million||$232.65 million||View||Listen|
|1/22/2015||Q414||$1.56||$1.60||$222.19 million||$223.08 million||View||N/A|
|10/21/2014||Q3 14||$1.46||$1.52||$210.72 million||$213.32 million||View||Listen|
|7/22/2014||Q2||$1.42||$1.44||$202.74 million||$206.10 million||View||N/A|
|4/22/2014||Q114||$1.35||$1.37||$189.50 million||$215.77 million||View||N/A|
|1/21/2014||Q4 13||$1.26||$1.34||$181.32 million||View||N/A|
|7/23/2013||Q2 2013||$1.08||$1.12||$161.80 million||View||N/A|
|4/23/2013||Q1 2013||$1.04||$1.06||$156.66 million||View||N/A|
|1/22/2013||Q4 2012||$1.02||$1.05||$154.07 million||View||N/A|
Earnings Estimates for Signature Bank (NASDAQ:SBNY)
2017 EPS Consensus Estimate: $9.14
2018 EPS Consensus Estimate: $10.84
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Signature Bank (NASDAQ:SBNY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Signature Bank (NASDAQ:SBNY)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
Signature Bank (SBNY) Chart for Wednesday, May, 24, 2017