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. Shareholders 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 yield of 1.90%. The ex-dividend date is Wednesday, October 31st. View Signature Bank's Dividend History.

Signature Bank (NASDAQ:SBNY) released its quarterly earnings data on Thursday, October, 18th. The bank reported $2.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.83 by $0.01. The bank earned $329.34 million during the quarter, compared to the consensus estimate of $331.77 million. Signature Bank had a net margin of 27.66% and a return on equity of 14.34%. The firm's revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.29 earnings per share. 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 targets for Signature Bank's shares. Their predictions range from $130.00 to $190.00. On average, they expect Signature Bank's stock price to reach $143.2143 in the next twelve months. This suggests a possible upside of 21.7% 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 headlines about SBNY stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Signature Bank earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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 investors include BlackRock Inc. (9.56%), Alecta Pensionsforsakring Omsesidigt (4.60%), FMR LLC (3.90%), Massachusetts Financial Services Co. MA (2.20%), Brown Brothers Harriman & Co. (2.15%) and Nordea Investment Management AB (2.14%).

SBNY stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, TIAA CREF Investment Management LLC, Teachers Advisors LLC, First Trust Advisors LP, Mitsubishi UFJ Trust & Banking Corp, GW&K Investment Management LLC, Frontier Capital Management Co. LLC and Mackenzie Financial Corp.

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

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 $117.69.

Signature Bank has a market capitalization of $6.35 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]