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: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:SBNY
  • CUSIP: 82669G10
  • Web: www.signatureny.com
Capitalization:
  • Market Cap: $7.72 billion
  • Outstanding Shares: 54,020,000
Average Prices:
  • 50 Day Moving Avg: $139.93
  • 200 Day Moving Avg: $148.98
  • 52 Week Range: $113.53 - $164.23
P/E:
  • Trailing P/E Ratio: 18.13
  • Foreward P/E Ratio: 13.55
  • P/E Growth: 0.95
Sales & Book Value:
  • Annual Revenue: $1.06 billion
  • Price / Sales: 7.28
  • Book Value: $69.69 per share
  • Price / Book: 2.05
Profitability:
  • Net Margins: 29.14%
  • Return on Equity: 12.36%
  • Return on Assets: 1.17%
Debt:
  • Debt-to-Equity Ratio: 0.64%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.89%
Misc:
  • 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?

Signature Bank is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for Signature Bank.

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?

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.

Analyst Ratings

Consensus Ratings for Signature Bank (NASDAQ:SBNY) (?)
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)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017ValuEngineUpgradeHold -> BuyLowView Rating Details
4/22/2017Piper Jaffray CompaniesReiterated RatingNeutral$167.00 -> $157.00LowView Rating Details
4/22/2017Barclays PLCReiterated RatingOverweight$173.00 -> $175.00LowView Rating Details
4/22/2017FBR & CoReiterated RatingOutperform$180.00 -> $170.00LowView Rating Details
4/11/2017Jefferies Group LLCReiterated RatingBuy$175.00MediumView Rating Details
4/6/2017Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Outperform$167.00 -> $183.00LowView Rating Details
4/3/2017Keefe, Bruyette & WoodsSet Price TargetBuy$164.00LowView Rating Details
3/24/2017Deutsche Bank AGLower Price TargetBuy$181.00 -> $178.00LowView Rating Details
3/22/2017BMO Capital MarketsReiterated RatingHold$170.00LowView Rating Details
12/21/2016StephensInitiated CoverageOverweight$175.00N/AView Rating Details
11/14/2016Hovde GroupDowngradeMarket Perform -> UnderperformN/AView Rating Details
7/9/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
6/29/2016Morgan StanleyReiterated RatingOverweightN/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 Group AGBoost 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
7/22/2015Maxim GroupBoost Price TargetBuy$155.00 -> $175.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

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
7/18/2017        
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)

Estimates

Earnings Estimates for Signature Bank (NASDAQ:SBNY)
2017 EPS Consensus Estimate: $9.14
2018 EPS Consensus Estimate: $10.84
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20178$2.01$2.21$2.09
Q2 20178$2.15$2.30$2.22
Q3 20177$2.32$2.42$2.37
Q4 20177$2.33$2.54$2.46
Q1 20182$2.41$2.80$2.61
Q2 20183$2.47$2.86$2.61
Q3 20182$2.60$2.94$2.77
Q4 20183$2.68$3.04$2.85
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

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

Headlines

Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
Source:
DateHeadline
seekingalpha.com logoNew York Community Bank: How To Get Out Of The Lion's Den
seekingalpha.com - May 23 at 9:27 AM
seekingalpha.com logoDrop In Bank Loans Should Worry All Investors As Well As The Fed
seekingalpha.com - May 11 at 8:11 PM
americanbankingnews.com logoSignature Bank (SBNY) Upgraded by ValuEngine to "Buy"
www.americanbankingnews.com - May 11 at 4:22 PM
nasdaq.com logoSBNY Makes Bullish Cross Above Critical Moving Average
www.nasdaq.com - May 10 at 7:55 PM
americanbankingnews.com logoPositive News Coverage Somewhat Unlikely to Impact Signature Bank (SBNY) Stock Price
www.americanbankingnews.com - May 3 at 12:20 AM
americanbankingnews.com logoSignature Bank (SBNY) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 2 at 8:02 AM
americanbankingnews.com logoSignature Bank (SBNY) Earning Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 29 at 9:57 PM
americanbankingnews.com logoSignature Bank (SBNY) Short Interest Update
www.americanbankingnews.com - April 29 at 7:20 AM
americanbankingnews.com logoQ2 2017 Earnings Estimate for Signature Bank Issued By American Capital Partners (SBNY)
www.americanbankingnews.com - April 28 at 8:49 AM
americanbankingnews.com logoZacks: Analysts Expect Signature Bank (SBNY) to Announce $2.23 EPS
www.americanbankingnews.com - April 27 at 9:06 AM
americanbankingnews.com logoSignature Bank (SBNY) Receives Media Sentiment Score of -0.07
www.americanbankingnews.com - April 26 at 1:52 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Signature Bank (SBNY) Raised by Analyst
www.americanbankingnews.com - April 24 at 7:48 AM
americanbankingnews.com logoFavorable Press Coverage Somewhat Likely to Impact Signature Bank (SBNY) Stock Price
www.americanbankingnews.com - April 23 at 9:17 PM
americanbankingnews.com logoSignature Bank (SBNY) Receives "Outperform" Rating from FBR & Co
www.americanbankingnews.com - April 22 at 10:57 AM
americanbankingnews.com logoPiper Jaffray Companies Reaffirms Neutral Rating for Signature Bank (SBNY)
www.americanbankingnews.com - April 22 at 10:23 AM
americanbankingnews.com logoBarclays PLC Reaffirms Overweight Rating for Signature Bank (SBNY)
www.americanbankingnews.com - April 22 at 9:08 AM
finance.yahoo.com logoSignature Bank’s Specialty Finance Subsidiary, Signature Financial LLC, Names Four Origination Officers
finance.yahoo.com - April 21 at 7:29 PM
americanbankingnews.com logoQ3 2017 Earnings Estimate for Signature Bank (SBNY) Issued By FBR & Co
www.americanbankingnews.com - April 21 at 11:46 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Signature Bank Decreased by Jefferies Group (SBNY)
www.americanbankingnews.com - April 21 at 11:46 AM
streetinsider.com logoSignature Bank (SBNY) PT Lowered to $157 at Piper Jaffray
www.streetinsider.com - April 20 at 7:48 PM
americanbankingnews.com logoSignature Bank (SBNY) Given "Neutral" Rating at BMO Capital Markets
www.americanbankingnews.com - April 20 at 9:55 AM
streetinsider.com logoSignature Bank (SBNY) Tops Q1 EPS by 38c
www.streetinsider.com - April 20 at 8:20 AM
seekingalpha.com logoSignature Bank's (SBNY) CEO Joseph DePaolo on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 20 at 8:20 AM
finance.yahoo.com logoEdited Transcript of SBNY earnings conference call or presentation 19-Apr-17 2:00pm GMT
finance.yahoo.com - April 20 at 12:42 AM
finance.yahoo.com logoSignature Bank Reports 2017 First Quarter Results
finance.yahoo.com - April 19 at 9:26 AM
finance.yahoo.com logoSignature Bank tops 1Q profit forecasts
finance.yahoo.com - April 19 at 9:26 AM
finance.yahoo.com logoMarket Recon: The Banks Trade Will Become a Yield Curve Watch
finance.yahoo.com - April 19 at 9:26 AM
americanbankingnews.com logoSignature Bank (SBNY) Posts Quarterly Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - April 19 at 9:22 AM
finance.yahoo.com logoSignature Bank Names New Private Client Banking Team and Expands Existing Team with Appointment of Seasoned Professionals in Westchester County, N.Y.
finance.yahoo.com - April 17 at 6:44 PM
americanbankingnews.com logoSignature Bank (SBNY) Given Coverage Optimism Rating of 0.44
www.americanbankingnews.com - April 17 at 1:10 PM
americanbankingnews.com logoSignature Bank's (SBNY) "Buy" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - April 17 at 10:38 AM
americanbankingnews.com logoSignature Bank (SBNY) to Release Earnings on Wednesday
www.americanbankingnews.com - April 17 at 8:12 AM
americanbankingnews.com logoSignature Bank (SBNY) Given News Impact Score of 0.16
www.americanbankingnews.com - April 13 at 5:03 PM
streetinsider.com logoSignature Bank (SBNY): Concerns on SBNY's Concerns on Medallion Exposure Are Overblown - Jefferies - StreetInsider.com
www.streetinsider.com - April 12 at 6:18 PM
finance.yahoo.com logoSignature Bank to Host 2017 First Quarter Results Conference Call
finance.yahoo.com - April 12 at 1:16 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Signature Bank (SBNY) Lowered by Jefferies Group
www.americanbankingnews.com - April 12 at 9:21 AM
nasdaq.com logoSignature Bank is Now Oversold (SBNY)
www.nasdaq.com - April 11 at 7:29 PM
americanbankingnews.com logoSignature Bank (SBNY) Earns Buy Rating from Jefferies Group LLC
www.americanbankingnews.com - April 11 at 5:52 PM
americanbankingnews.com logoSignature Bank (SBNY) Short Interest Up 10.7% in March
www.americanbankingnews.com - April 8 at 9:57 AM
americanbankingnews.com logoSignature Bank (SBNY) Expected to Announce Quarterly Sales of $313.41 Million
www.americanbankingnews.com - April 7 at 8:51 PM
americanbankingnews.com logoKeefe, Bruyette & Woods Weighs in on Signature Bank's Q2 2017 Earnings (SBNY)
www.americanbankingnews.com - April 7 at 4:44 PM
americanbankingnews.com logoFY2018 EPS Estimates for Signature Bank (SBNY) Increased by Jefferies Group
www.americanbankingnews.com - April 6 at 5:40 PM
americanbankingnews.com logoRaymond James Financial, Inc. Reaffirms Outperform Rating for Signature Bank (SBNY)
www.americanbankingnews.com - April 6 at 2:16 PM
americanbankingnews.com logo$2.11 Earnings Per Share Expected for Signature Bank (SBNY) This Quarter
www.americanbankingnews.com - April 6 at 12:19 AM
americanbankingnews.com logoSignature Bank (SBNY) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - April 5 at 9:31 AM
businesswire.com logoSignature Bank Ranks among Top Private Banking Services Providers Nationally by the National Law Journal
www.businesswire.com - April 4 at 5:21 AM
americanbankingnews.com logoSignature Bank (SBNY) PT Set at $164.00 by Keefe, Bruyette & Woods
www.americanbankingnews.com - April 3 at 6:21 PM
finance.yahoo.com logoSignature Bank Named Best Commercial Bank of the Year in the United States by International Banker Magazine
finance.yahoo.com - March 30 at 7:58 PM
americanbankingnews.com logoSignature Bank (SBNY) Price Target Lowered to $178.00 at Deutsche Bank AG
www.americanbankingnews.com - March 24 at 9:26 AM
americanbankingnews.com logoSignature Bank's (SBNY) "Hold" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - March 22 at 9:19 PM

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Chart

Signature Bank (SBNY) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff