NASDAQ:SBNY - Signature Bank Stock Price, News, & Analysis

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$116.66 +1.36 (+1.18 %)
(As of 05/19/2019 04:54 AM ET)
Previous Close$116.66
Today's Range$113.6220 - $119.70
52-Week Range$98.54 - $137.93
Volume577,472 shs
Average Volume447,117 shs
Market Capitalization$6.41 billion
P/E Ratio10.34
Dividend Yield1.94%
Beta1.36
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. The company also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and construction and land loans; temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as asset-based lending, mortgages, home equity loans, and credit card accounts. In addition, it provides investment, brokerage, and asset management products and services; retirement products, such as individual retirement accounts and administrative services for retirement vehicles, which include pension, profit sharing, and 401(k) plans to its clients, as well as business retirement accounts; and a range of financing and leasing products consisting of equipment, transportation, taxi medallion, commercial marine, and municipal and national franchise financing services. Further, the company offers wealth management services to its high net worth personal clients; and a range of individual and group insurance products that comprise health, life, disability, and long-term care insurance products as an agent. Additionally, it purchases, securitizes, and sells guaranteed portions of the U.S. small business administration loans. As of December 31, 2017, the company operated 30 private client offices located in the New York metropolitan area, which included Manhattan, Brooklyn, Westchester, Long Island, Queens, the Bronx, Staten Island, and Connecticut. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SBNY
CUSIP82669G10
Phone646-822-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.73 billion
Cash Flow$13.7896 per share
Book Value$82.80 per share

Profitability

Net Income$505.34 million

Miscellaneous

Employees1,393
Market Cap$6.41 billion
Next Earnings Date7/18/2019 (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 declared a quarterly dividend on Thursday, April 18th. Investors of record on Wednesday, May 1st will be given a dividend of $0.56 per share on Wednesday, May 15th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Tuesday, April 30th. View Signature Bank's Dividend History.

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) announced its quarterly earnings data on Wednesday, April, 17th. The bank reported $2.65 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.76 by $0.11. The bank earned $325.08 million during the quarter, compared to analyst estimates of $332.35 million. Signature Bank had a return on equity of 14.15% and a net margin of 34.17%. During the same quarter last year, the firm earned $2.69 earnings per share. View Signature Bank's Earnings History.

When is Signature Bank's next earnings date?

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Signature Bank.

What price target have analysts set for SBNY?

14 equities research analysts have issued 12 month target prices for Signature Bank's shares. Their predictions range from $130.00 to $190.00. On average, they anticipate Signature Bank's stock price to reach $144.00 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for Signature Bank.

What is the consensus analysts' recommendation for Signature Bank?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

Has Signature Bank been receiving favorable news coverage?

Media stories about SBNY stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Signature Bank earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

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 NVIDIA (NVDA), Visa (V), Alibaba Group (BABA), Netflix (NFLX), salesforce.com (CRM), Walt Disney (DIS), Broadcom (AVGO), Skyworks Solutions (SWKS), Wells Fargo & Co (WFC) and Cisco Systems (CSCO).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.63%), FMR LLC (4.84%), Alecta Pensionsforsakring Omsesidigt (4.78%), Wedge Capital Management L L P NC (1.36%), Goldman Sachs Group Inc. (1.32%) and Fort Washington Investment Advisors Inc. OH (1.19%).

Which institutional investors are selling Signature Bank stock?

SBNY stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Man Group plc, Renaissance Technologies LLC, Goldman Sachs Group Inc., Schonfeld Strategic Advisors LLC, Philadelphia Financial Management of San Francisco LLC, Stephens Inc. AR and California Public Employees Retirement System.

Which institutional investors are buying Signature Bank stock?

SBNY stock was acquired by a variety of institutional investors in the last quarter, including MARSHALL WACE ASIA Ltd, JPMorgan Chase & Co., Columbus Circle Investors, FMR LLC, Kayne Anderson Rudnick Investment Management LLC, Alecta Pensionsforsakring Omsesidigt, BlackRock Inc. and Marshall Wace LLP.

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, Scottrade, Fidelity and Charles Schwab.

What is Signature Bank's stock price today?

One share of SBNY stock can currently be purchased for approximately $116.66.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $6.41 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.

What is Signature Bank's official website?

The official website for Signature Bank is http://www.signatureny.com.

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)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  580 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  918
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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