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. Investors of record on Thursday, November 1st will be given a dividend of $0.56 per share on Thursday, November 15th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend 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 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.83 by $0.01. The bank earned $329.34 million during the quarter, compared to analysts' expectations of $331.77 million. Signature Bank had a net margin of 27.66% and a return on equity of 14.34%. The business's revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $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.

15 brokers have issued 12-month price objectives for Signature Bank's shares. Their predictions range from $130.00 to $190.00. On average, they anticipate Signature Bank's share price to reach $143.2143 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View Analyst Price Targets for Signature Bank.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

News stories about SBNY stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Signature Bank earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely 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), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), Wintrust Financial (WTFC), Investors Bancorp (ISBC) and First Financial Bankshares (FFIN).

Signature Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.56%), Alecta Pensionsforsakring Omsesidigt (4.60%), FMR LLC (3.90%), Massachusetts Financial Services Co. MA (2.20%), CI Global Investments Inc. (2.11%) and Wedge Capital Management L L P NC (1.54%).

SBNY stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Mitsubishi UFJ Trust & Banking Corp, GW&K Investment Management LLC, Frontier Capital Management Co. LLC, Blair William & Co. IL, Janus Henderson Group PLC, Icon Advisers Inc. Co. and Allianz Asset Management GmbH.

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, CI Global Investments Inc., American Century Companies Inc., BlackRock Inc., Wedge Capital Management L L P NC, Dimensional Fund Advisors LP, Reinhart Partners Inc. and EJF Capital LLC.

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 $112.28.

Signature Bank has a market capitalization of $6.26 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]