About Signature Bank (NASDAQ:SBNY)
Signature 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: Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:SBNY
- CUSIP: 82669G10
- Web: www.signatureny.com
Capitalization:- Market Cap: $7.23 billion
- Outstanding Shares: 54,097,000
Average Prices:- 50 Day Moving Avg: $124.72
- 200 Day Moving Avg: $135.35
- 52 Week Range: $114.29 - $164.23
P/E:- Trailing P/E Ratio: 21.49
- Foreward P/E Ratio: 13.88
- P/E Growth: 1.51
Sales & Book Value:- Annual Revenue: $926.93 million
- Price / Sales: 7.80
- Book Value: $70.19 per share
- Price / Book: 1.90
Profitability:- Net Margins: 26.40%
- Return on Equity: 12.58%
- Return on Assets: 1.18%
Debt:- Debt-to-Equity Ratio: 0.71%
- Current Ratio: 0.92%
- Quick Ratio: 0.91%
Misc:- Average Volume: 524,857 shs.
- Beta: 0.96
- Short Ratio: 2.45
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) issued its earnings results on Thursday, October, 19th. The company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.19 by $0.10. The company had revenue of $316.94 million for the quarter, compared to analyst estimates of $322.22 million. Signature Bank had a net margin of 26.40% and a return on equity of 12.58%. During the same period in the previous year, the firm earned $2.11 EPS. View Signature Bank's Earnings History.
When will Signature Bank make its next earnings announcement?
Where is Signature Bank's stock going? Where will Signature Bank's stock price be in 2017?
15 equities research analysts have issued twelve-month price targets for Signature Bank's shares. Their forecasts range from $126.00 to $183.00. On average, they expect Signature Bank's stock price to reach $154.80 in the next year. View Analyst Ratings for Signature Bank.
Who are some of Signature Bank's key competitors?
Some companies that are related to Signature Bank include Comerica Incorporated (CMA), BanColombia S.A. (CIB), SVB Financial Group (SIVB), East West Bancorp (EWBC), Macro Bank (BMA), Grupo Financiero Galicia S.A. (GGAL), CIT Group Inc (DEL) (CIT), Cullen/Frost Bankers (CFR), New York Community Bancorp (NYCB), Commerce Bancshares (CBSH), PacWest Bancorp (PACW), Bank of the Ozarks (OZRK), Synovus Financial Corp. (SNV), Webster Financial Corporation (WBS), City National Corp (CYN), First Citizens BancShares (FCNCA), First Horizon National Corporation (FHN) and Umpqua Holdings Corporation (UMPQ).
Who are Signature Bank's key executives?
Signature Bank's management team includes the folowing people:
- Scott A. Shay, Chairman of the Board
- Joseph J. DePaolo, President, Chief Executive Officer, Director
- Vito Susca, Chief Financial Officer, Senior Vice President
- Mark T. Sigona, Executive Vice President, Chief Operating Officer
- Peter S. Quinlan, Executive Vice President, Treasurer
- Eric R. Howell, Executive Vice President-Corporate & Business Development
- Michael J. Merlo, Executive Vice President and Chief Credit Officer
- James Yu, Senior Vice President
- Michael Sharkey, Senior Vice President, Chief Technology Officer
- John Tamberlane, Vice Chairman of the Board
Who owns Signature Bank stock?
Signature Bank's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Nationwide Fund Advisors (0.51%), Hermes Investment Management Ltd. (0.40%), Assenagon Asset Management S.A. (0.18%), Handelsinvest Investeringsforvaltning (0.16%), Mutual of America Capital Management LLC (0.08%) and State Treasurer State of Michigan (0.04%). 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 Hermes Investment Management Ltd., Quantitative Systematic Strategies LLC, Tandem Investment Advisors Inc. and State Treasurer State of Michigan. 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 Assenagon Asset Management S.A., Nationwide Fund Advisors, Oakbrook Investments LLC, Rockefeller Financial Services Inc., Handelsinvest Investeringsforvaltning and Mutual of America Capital Management LLC. 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.
What is Signature Bank's stock price today?
One share of Signature Bank stock can currently be purchased for approximately $133.62.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Signature Bank (NASDAQ:SBNY) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 12 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.80) |
| Consensus Price Target: | $154.80 (15.85% upside) |
Consensus Price Target History for Signature Bank (NASDAQ:SBNY)
Analysts' Ratings History for Signature Bank (NASDAQ:SBNY)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/24/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $155.00 | N/A |  |
| 10/20/2017 | Barclays PLC | Set Price Target | Buy | $145.00 -> $140.00 | N/A | |
| 10/20/2017 | BMO Capital Markets | Upgrade | Market Perform -> Outperform | | N/A | |
| 10/13/2017 | Piper Jaffray Companies | Reiterated Rating | Neutral -> Neutral | $140.00 | N/A | |
| 10/3/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Buy | $142.00 | High | |
| 10/2/2017 | FIG Partners | Reiterated Rating | Outperform | $150.00 | Low | |
| 9/20/2017 | Bank of America Corporation | Reiterated Rating | Buy | $175.00 -> $165.00 | Low | |
| 9/20/2017 | Wedbush | Downgrade | Outperform -> Neutral | $157.00 -> $126.00 | Low | |
| 9/15/2017 | Morgan Stanley | Lower Price Target | Overweight | $164.00 -> $150.00 | Low | |
| 9/11/2017 | Hovde Group | Upgrade | Underperform -> Market Perform | $132.00 | Medium | |
| 7/20/2017 | Deutsche Bank AG | Lower Price Target | Buy | $178.00 -> $162.00 | Medium | |
| 7/19/2017 | Maxim Group | Reiterated Rating | Buy | $175.00 | Medium | |
| 4/22/2017 | FBR & Co | Reiterated Rating | Outperform | $180.00 -> $170.00 | Low | |
| 4/6/2017 | Raymond James Financial, Inc. | Reiterated Rating | Strong-Buy -> Outperform | $167.00 -> $183.00 | Low | |
| 12/21/2016 | Stephens | Initiated Coverage | Overweight | $175.00 | N/A | |
| 7/9/2016 | J P Morgan Chase & Co | Reiterated Rating | Buy | | N/A | |
| 4/1/2016 | Merion Capital Group | Initiated Coverage | Outperform | $162.00 | N/A | |
| 3/28/2016 | Sandler O'Neill | Boost Price Target | Hold | $136.00 | N/A | |
| 3/28/2016 | Credit Suisse Group | Boost Price Target | Outperform | $113.00 -> $145.00 | N/A | |
| 2/4/2016 | Guggenheim | Lower Price Target | | $175.00 -> $170.00 | N/A | |
| 12/10/2015 | SunTrust Banks, Inc. | Boost Price Target | Buy | $168.00 -> $176.00 | N/A | |
(Data available from 10/24/2015 forward)
Earnings History for Signature Bank (NASDAQ:SBNY)Earnings History by Quarter for Signature Bank (NASDAQ SBNY)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 1/17/2018 | | $2.25 | | | | | N/A | |
| 10/19/2017 | Q3 2017 | $2.19 | $2.29 | $322.22 million | $316.94 million | View | N/A | |
| 7/19/2017 | Q2 2017 | $2.22 | $2.21 | $324.44 million | $316.79 million | View | N/A | |
| 4/19/2017 | Q1 2017 | $2.10 | $2.15 | $311.70 million | $311.63 million | View | N/A | |
| 1/19/2017 | Q416 | $2.09 | $2.11 | $308.26 million | $306.89 million | View | Listen | |
| 10/20/2016 | Q316 | $2.04 | $2.11 | $301.53 million | $301.54 million | View | Listen | |
| 7/20/2016 | Q216 | $1.97 | $1.90 | $295.60 million | $294.79 million | View | Listen | |
| 4/20/2016 | Q116 | $1.95 | $1.97 | $282.31 million | $286.77 million | View | Listen | |
| 1/21/2016 | Q415 | $1.93 | $2.01 | $268.49 million | $277.68 million | View | Listen | |
| 10/20/2015 | Q315 | $1.82 | $1.88 | $256.64 million | $257.82 million | View | Listen | |
| 7/21/2015 | Q215 | $1.69 | $1.77 | $241.82 million | $246.06 million | View | Listen | |
| 4/21/2015 | Q115 | $1.59 | $1.64 | $227.62 million | $232.65 million | View | Listen | |
| 1/22/2015 | Q414 | $1.56 | $1.60 | $222.19 million | $223.08 million | View | N/A | |
| 10/21/2014 | Q3 14 | $1.46 | $1.52 | $210.72 million | $213.32 million | View | Listen | |
| 7/22/2014 | Q2 | $1.42 | $1.44 | $202.74 million | $206.10 million | View | N/A | |
| 4/22/2014 | Q114 | $1.35 | $1.37 | $189.50 million | $215.77 million | View | N/A | |
| 1/21/2014 | Q4 13 | $1.26 | $1.34 | $181.32 million | | View | N/A | |
| 10/22/2013 | Q313 | $1.18 | $1.25 | $171.60 million | | View | N/A | |
| 7/23/2013 | Q2 2013 | $1.08 | $1.12 | $161.80 million | | View | N/A | |
| 4/23/2013 | Q1 2013 | $1.04 | $1.06 | $156.66 million | | View | N/A | |
| 1/22/2013 | Q4 2012 | $1.02 | $1.05 | $154.07 million | | View | N/A | |
| 10/23/2012 | | $0.95 | $1.00 | | | View | N/A | |
| 7/24/2012 | | $0.88 | $0.96 | | | View | N/A | |
| 4/24/2012 | | $0.86 | $0.90 | | | View | N/A | |
| 1/24/2012 | | $0.84 | $0.85 | | | View | N/A | |
| 10/25/2011 | | $0.80 | $0.83 | | | View | N/A | |
| 7/26/2011 | | $0.78 | $0.87 | | | View | N/A | |
| 4/26/2011 | | $0.72 | $0.82 | | | View | N/A | |
| 1/25/2011 | | $0.63 | $0.72 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Signature Bank (NASDAQ:SBNY)2017 EPS Consensus Estimate: $8.98
2018 EPS Consensus Estimate: $9.83
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 8 | $2.01 | $2.21 | $2.09 |
| Q2 2017 | 9 | $2.15 | $2.30 | $2.22 |
| Q3 2017 | 8 | $2.16 | $2.42 | $2.30 |
| Q4 2017 | 9 | $2.18 | $2.54 | $2.36 |
| Q1 2018 | 6 | $2.20 | $2.80 | $2.35 |
| Q2 2018 | 6 | $2.25 | $2.86 | $2.42 |
| Q3 2018 | 6 | $2.28 | $2.94 | $2.50 |
| Q4 2018 | 6 | $2.25 | $3.04 | $2.57 |
| Q1 2019 | 1 | $2.46 | $2.46 | $2.46 |
| Q2 2019 | 2 | $2.54 | $2.58 | $2.56 |
| Q3 2019 | 2 | $2.66 | $2.76 | $2.71 |
(Data provided by Zacks Investment Research)
Dividend History for Signature Bank (NASDAQ:SBNY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Signature Bank (NASDAQ:SBNY)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
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Signature Bank (SBNY) Chart for Tuesday, October, 24, 2017
