NASDAQ:SBNY - Signature Bank Stock Price, Price Target & More

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

Signature Bank (NASDAQ:SBNY) released its quarterly earnings data on Thursday, October, 19th. The bank reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $0.10. The bank earned $316.94 million during the quarter, compared to the consensus estimate of $322.22 million. Signature Bank had a return on equity of 13.29% and a net margin of 18.57%. During the same period in the prior year, the firm posted $2.11 EPS. View Signature Bank's Earnings History.

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Signature Bank.

16 analysts have issued 1 year price objectives for Signature Bank's stock. Their forecasts range from $116.68 to $200.00. On average, they anticipate Signature Bank's share price to reach $156.2453 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Ratings for Signature Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Signature Bank include Deutsche Bank (DB), M&T Bank (MTB), Northern Trust (NTRS), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Associated Banc (ASB) and Prosperity Bancshares (PB).

News stories about SBNY stock have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Signature Bank earned a daily sentiment score of 0.13 on Accern's scale. They also gave news headlines about the bank an impact score of 46.34 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Signature Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (4.53%), Handelsbanken Fonder AB (0.59%), Retirement Systems of Alabama (0.27%), Peregrine Capital Management LLC (0.13%), Bank of Montreal Can (0.07%) and Tokio Marine Asset Management Co. Ltd. (0.06%). View Institutional Ownership Trends for Signature Bank.

SBNY stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Bank of Montreal Can, Tokio Marine Asset Management Co. Ltd., Peregrine Capital Management LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Signature Bank.

SBNY stock was bought by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Assenagon Asset Management S.A., Retirement Systems of Alabama, Oakbrook Investments LLC, Tandem Investment Advisors Inc., State of Alaska Department of Revenue, Xact Kapitalforvaltning AB and Amalgamated Bank. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SBNY stock can currently be purchased for approximately $125.28.

Signature Bank has a market capitalization of $6.81 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.

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]