Signature Bank provides various business and personal banking products and services. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposit, time deposits, and other cash management products.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone646-822-1500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.73 billion
Profitability
Miscellaneous
Employees1,393
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable
Signature Bank (NASDAQ:SBNY) Frequently Asked Questions
What is Signature Bank's stock symbol?
Signature Bank trades on the NASDAQ under the ticker symbol "SBNY."
How often does Signature Bank pay dividends? What is the dividend yield for Signature Bank?
Signature Bank announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Thursday, August 1st will be paid a dividend of $1.12 per share on Thursday, August 15th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend is Wednesday, July 31st. View Signature Bank's Dividend History.
How were Signature Bank's earnings last quarter?
Signature Bank (NASDAQ:SBNY) posted its earnings results on Thursday, July, 18th. The bank reported $2.72 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.71 by $0.01. The bank earned $334.88 million during the quarter, compared to analysts' expectations of $333.25 million. Signature Bank had a return on equity of 13.61% and a net margin of 32.59%. During the same period in the previous year, the business posted $2.83 EPS. View Signature Bank's Earnings History.
When is Signature Bank's next earnings date?
What price target have analysts set for SBNY?
11 equities research analysts have issued 1-year target prices for Signature Bank's shares. Their forecasts range from $128.00 to $190.00. On average, they expect Signature Bank's stock price to reach $144.3333 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price. View Analyst Price Targets for Signature Bank.
What is the consensus analysts' recommendation for Signature Bank?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.
Has Signature Bank been receiving favorable news coverage?
Headlines about SBNY stock have been trending negative recently, according to InfoTrie. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Signature Bank earned a news impact score of -2.9 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Signature Bank.
Who are some of Signature Bank's key competitors?
Some companies that are related to Signature Bank include State Street (STT), M&T Bank (MTB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), Deutsche Bank (DB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), East West Bancorp (EWBC), First Citizens BancShares (FCNCA), Popular (BPOP), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN) and IBERIABANK (IBKC).
What other stocks do shareholders of Signature Bank own?
Who are Signature Bank's key executives?
Signature Bank's management team includes the folowing people:
- Mr. Scott Aaron Shay, Co-Founder & Chairman (Age 61)
- Mr. Joseph John DePaolo, Co-Founder, Pres, CEO & Director (Age 60)
- Mr. John Tamberlane, Co-Founder & Vice Chairman (Age 77)
- Mr. Vito Susca, Exec. VP & CFO (Age 50)
- Mr. Mark T. Sigona, Exec. VP & COO (Age 57)
Who are Signature Bank's major shareholders?
Signature Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.61%), BlackRock Inc. (9.61%), Vanguard Group Inc. (8.81%), Price T Rowe Associates Inc. MD (5.19%), Bank of New York Mellon Corp (1.63%) and William Blair Investment Management LLC (1.60%).
Which major investors are selling Signature Bank stock?
SBNY stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Columbus Circle Investors, Maltese Capital Management LLC, Kayne Anderson Rudnick Investment Management LLC, Parnassus Investments CA, Bank of New York Mellon Corp, Prudential Financial Inc. and Man Group plc.
Which major investors are buying Signature Bank stock?
SBNY stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Nuveen Asset Management LLC, Westfield Capital Management Co. LP, Mirova, AQR Capital Management LLC, Strycker View Capital LLC, Vanguard Group Inc. and KBC Group NV.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Signature Bank's stock price today?
One share of SBNY stock can currently be purchased for approximately $119.65.
How big of a company is Signature Bank?
Signature Bank has a market capitalization of $6.57 billion and generates $1.73 billion in revenue each year. The bank earns $505.34 million in net income (profit) each year or $11.28 on an earnings per share basis. Signature Bank employs 1,393 workers across the globe.View Additional Information About Signature Bank.
What is Signature Bank's official website?
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 646-822-1500 or via email at [email protected]
MarketBeat Community Rating for Signature Bank (NASDAQ SBNY)
MarketBeat's community ratings are surveys of what our community members think about Signature Bank and other stocks. Vote "Outperform" if you believe SBNY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBNY will underperform the S&P 500 over the long term. You may vote once every thirty days.
