NASDAQ:SBNY

Signature Bank Stock Forecast, Price & News

$231.64
+4.81 (+2.12 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$223.96
$232.64
50-Day Range
$226.83
$258.35
52-Week Range
$71.44
$263.99
Volume407,186 shs
Average Volume658,760 shs
Market Capitalization$12.41 billion
P/E Ratio18.25
Dividend Yield0.99%
Beta2
30 days | 90 days | 365 days | Advanced Chart
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Signature Bank logo

About Signature Bank

Signature Bank engages in the provision of commercial banking services. It operates through the Commercial Banking and Specialty Finance segments. The Commercial Banking segment comprises of commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products. The company was founded by John Tamberlane, Scott Aaron Shay, and Joseph J. DePaolo in September 2000 and is headquartered in New York, NY.

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MarketRank

Overall MarketRank

2.66 out of 5 stars

Finance Sector

217th out of 1,320 stocks

State Commercial Banks Industry

43rd out of 230 stocks

Analyst Opinion: 3.5Community Rank: 5.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
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Signature Bank (NASDAQ:SBNY) Frequently Asked Questions

Is Signature Bank a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 1 hold rating, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Signature Bank stock.
View analyst ratings for Signature Bank
or view top-rated stocks.

What stocks does MarketBeat like better than Signature Bank?

Wall Street analysts have given Signature Bank a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Signature Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Signature Bank's next earnings date?

Signature Bank is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Signature Bank
.

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) posted its quarterly earnings data on Monday, July, 19th. The bank reported $3.57 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $3.13 by $0.44. Signature Bank had a net margin of 34.08% and a trailing twelve-month return on equity of 11.80%. During the same period last year, the company posted $2.21 earnings per share.
View Signature Bank's earnings history
.

How has Signature Bank's stock price been impacted by COVID-19?

Signature Bank's stock was trading at $100.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SBNY stock has increased by 129.7% and is now trading at $231.64.
View which stocks have been most impacted by COVID-19
.

How often does Signature Bank pay dividends? What is the dividend yield for Signature Bank?

Signature Bank declared a quarterly dividend on Tuesday, July 20th. Stockholders of record on Friday, July 30th will be paid a dividend of $0.56 per share on Friday, August 13th. This represents a $2.24 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, July 29th.
View Signature Bank's dividend history
.

Is Signature Bank a good dividend stock?

Signature Bank pays an annual dividend of $2.24 per share and currently has a dividend yield of 0.99%. Signature Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of Signature Bank is 22.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Signature Bank will have a dividend payout ratio of 13.70% next year. This indicates that Signature Bank will be able to sustain or increase its dividend.
View Signature Bank's dividend history.

What price target have analysts set for SBNY?

17 Wall Street analysts have issued 1-year price targets for Signature Bank's shares. Their forecasts range from $107.00 to $375.00. On average, they expect Signature Bank's share price to reach $269.56 in the next year. This suggests a possible upside of 16.4% from the stock's current price.
View analysts' price targets for Signature Bank
or view top-rated stocks among Wall Street analysts.

Who are Signature Bank's key executives?

Signature Bank's management team includes the following people:
  • Joseph J. DePaolo, President, Chief Executive Officer & Director
  • Eric R. Howell, COO, Executive VP-Corporate & Business Development
  • Vito Susca, Chief Financial Officer & Executive VP
  • Michael Sharkey, Chief Technology Officer & Senior Vice President
  • Thomas Kasulka, Chief Lending Officer & Executive Vice President

What is Joseph J. DePaolo's approval rating as Signature Bank's CEO?

31 employees have rated Signature Bank CEO Joseph J. DePaolo on Glassdoor.com. Joseph J. DePaolo has an approval rating of 54% among Signature Bank's employees. This puts Joseph J. DePaolo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Signature Bank's key competitors?

What other stocks do shareholders of Signature Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Signature Bank investors own include The Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), NVIDIA (NVDA), Visa (V), AbbVie (ABBV), Bank of America (BAC), Johnson & Johnson (JNJ), UnitedHealth Group (UNH) and Broadcom (AVGO).

What is Signature Bank's stock symbol?

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

Who are Signature Bank's major shareholders?

Signature Bank's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ceredex Value Advisors LLC (0.71%), Rathbone Brothers plc (0.48%), Ardevora Asset Management LLP (0.47%), Scout Investments Inc. (0.36%), New York State Common Retirement Fund (0.34%) and Boston Trust Walden Corp (0.31%).

Which institutional investors are selling Signature Bank stock?

SBNY stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Scout Investments Inc., Ceredex Value Advisors LLC, MUFG Securities EMEA plc, State of Michigan Retirement System, Advisor Group Holdings Inc., Dupont Capital Management Corp, and Oppenheimer Asset Management Inc..

Which institutional investors are buying Signature Bank stock?

SBNY stock was bought by a variety of institutional investors in the last quarter, including Rathbone Brothers plc, Ardevora Asset Management LLP, Westwood Management Corp IL, TCW Group Inc., Hamilton Point Investment Advisors LLC, Brinker Capital Investments LLC, Symmetry Investments LP, and Cambiar Investors LLC.

How do I buy shares of Signature Bank?

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

What is Signature Bank's stock price today?

One share of SBNY stock can currently be purchased for approximately $231.64.

How much money does Signature Bank make?

Signature Bank has a market capitalization of $12.41 billion and generates $2.01 billion in revenue each year. The bank earns $528.36 million in net income (profit) each year or $9.96 on an earnings per share basis.

How many employees does Signature Bank have?

Signature Bank employs 1,652 workers across the globe.

Does Signature Bank have any subsidiaries?

The following companies are subsidiares of Signature Bank: Signature Financial LLC, and Signature Preferred Capital Inc..

When was Signature Bank founded?

Signature Bank was founded in 2001.

What is Signature Bank's official website?

The official website for Signature Bank is www.signatureny.com.

Where are Signature Bank's headquarters?

Signature Bank is headquartered at 565 Fifth Avenue, New York NY, 10017.

How can I contact Signature Bank?

Signature Bank's mailing address is 565 Fifth Avenue, New York NY, 10017. The bank can be reached via phone at (646) 822-1402 or via email at [email protected]


This page was last updated on 8/4/2021 by MarketBeat.com Staff
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