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

$119.41
+3.55 (+3.06 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$116.51
Now: $119.41
$119.60
50-Day Range
$116.49
MA: $123.38
$128.28
52-Week Range
$98.54
Now: $119.41
$137.93
Volume228,100 shs
Average Volume407,949 shs
Market Capitalization$6.60 billion
P/E Ratio10.59
Dividend Yield1.92%
Beta1.35
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. Read More…

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$13.9172 per share
Book Value$84.34 per share

Profitability

Net Income$505.34 million

Miscellaneous

Employees1,393
Market Cap$6.60 billion
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable

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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. Investors 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 annualized dividend and a yield of 3.75%. 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) released its quarterly earnings results on Thursday, July, 18th. The bank reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.71 by $0.01. The bank earned $334.88 million during the quarter, compared to the consensus estimate of $333.25 million. Signature Bank had a net margin of 32.59% and a return on equity of 13.61%. During the same period in the previous year, the company posted $2.83 EPS. 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, October 17th 2019. View Earnings Estimates for Signature Bank.

What price target have analysts set for SBNY?

11 brokers have issued 1 year price targets for Signature Bank's stock. Their predictions range from $128.00 to $190.00. On average, they anticipate Signature Bank's share price to reach $145.6667 in the next twelve months. This suggests a possible upside of 22.0% 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?

News coverage about SBNY stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news 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 five, with scores nearest to five being the most favorable. Signature Bank earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Signature Bank.

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), Alibaba Group (BABA), Visa (V), 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 a number of of institutional and retail investors. Top institutional shareholders include 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%), William Blair Investment Management LLC (1.60%) and Wedge Capital Management L L P NC (1.31%).

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 bought 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, Scottrade, Fidelity and Charles Schwab.

What is Signature Bank's stock price today?

One share of SBNY stock can currently be purchased for approximately $119.41.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $6.60 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?

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:  3.1 out of 5 (star star star)
Outperform Votes:  594 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  947
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 8/17/2019 by MarketBeat.com Staff

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