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

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$117.69 +1.62 (+1.40 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$116.07
Today's Range$115.17 - $118.06
52-Week Range$105.43 - $161.92
Volume534,038 shs
Average Volume486,376 shs
Market Capitalization$6.35 billion
P/E Ratio13.21
Dividend Yield1.96%
Beta0.91
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, commercial vehicle, financing, 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 January 19, 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

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SBNY
Previous Symbol
CUSIP82669G10
Phone646-822-1500

Debt

Debt-to-Equity Ratio1.05
Current Ratio0.96
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio13.21
Forward P/E Ratio10.55
P/E Growth0.96

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales4.30
Cash Flow$11.3491 per share
Price / Cash10.37
Book Value$77.08 per share
Price / Book1.53

Profitability

EPS (Most Recent Fiscal Year)$8.91
Net Income$387.20 million
Net Margins27.66%
Return on Equity14.34%
Return on Assets1.32%

Miscellaneous

Employees1,305
Outstanding Shares54,980,000
Market Cap$6.35 billion
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 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.

How were Signature Bank's earnings last quarter?

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.

When is Signature Bank's next earnings date?

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Signature Bank.

What price target have analysts set for SBNY?

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.

What is the consensus analysts' recommendation 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.

Has Signature Bank been receiving favorable news coverage?

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.

Who are some of Signature Bank's key competitors?

Who are Signature Bank's key executives?

Signature Bank's management team includes the folowing people:
  • Mr. Scott Aaron Shay, Co-Founder & Chairman (Age 60)
  • Mr. Joseph John DePaolo, Co-Founder, Pres, CEO & Director (Age 59)
  • Mr. John Tamberlane, Co-Founder & Vice Chairman (Age 76)
  • Mr. Vito Susca, Exec. VP & CFO (Age 49)
  • Mr. Mark T. Sigona, Exec. VP & COO (Age 56)

Who are Signature Bank's major shareholders?

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%).

Which major investors are selling Signature Bank stock?

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.

Which major investors are buying Signature Bank stock?

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..

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 $117.69.

How big of a company is Signature Bank?

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.

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:  564 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  878
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 11/16/2018 by MarketBeat.com Staff

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