Signature Bank Company Profile (NASDAQ:SBNY)

About Signature Bank (NASDAQ:SBNY)

Signature Bank logoSignature 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?

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, January, 18th 2018. View Earnings Estimates for Signature Bank.

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?

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)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  469 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  705
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.

Analyst Ratings

Consensus Ratings for Signature Bank (NASDAQ:SBNY) (How are Consensus Ratings Calculated?)
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)
Price Target History for Signature Bank (NASDAQ:SBNY)
Analysts' Ratings History for Signature Bank (NASDAQ:SBNY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/24/2017Jefferies Group LLCReiterated RatingBuy$155.00N/AView Rating Details
10/20/2017Barclays PLCSet Price TargetBuy$145.00 -> $140.00N/AView Rating Details
10/20/2017BMO Capital MarketsUpgradeMarket Perform -> OutperformN/AView Rating Details
10/13/2017Piper Jaffray CompaniesReiterated RatingNeutral -> Neutral$140.00N/AView Rating Details
10/3/2017Keefe, Bruyette & WoodsReiterated RatingBuy$142.00HighView Rating Details
10/2/2017FIG PartnersReiterated RatingOutperform$150.00LowView Rating Details
9/20/2017Bank of America CorporationReiterated RatingBuy$175.00 -> $165.00LowView Rating Details
9/20/2017WedbushDowngradeOutperform -> Neutral$157.00 -> $126.00LowView Rating Details
9/15/2017Morgan StanleyLower Price TargetOverweight$164.00 -> $150.00LowView Rating Details
9/11/2017Hovde GroupUpgradeUnderperform -> Market Perform$132.00MediumView Rating Details
7/20/2017Deutsche Bank AGLower Price TargetBuy$178.00 -> $162.00MediumView Rating Details
7/19/2017Maxim GroupReiterated RatingBuy$175.00MediumView Rating Details
4/22/2017FBR & CoReiterated RatingOutperform$180.00 -> $170.00LowView Rating Details
4/6/2017Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Outperform$167.00 -> $183.00LowView Rating Details
12/21/2016StephensInitiated CoverageOverweight$175.00N/AView Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
4/1/2016Merion Capital GroupInitiated CoverageOutperform$162.00N/AView Rating Details
3/28/2016Sandler O'NeillBoost Price TargetHold$136.00N/AView Rating Details
3/28/2016Credit Suisse GroupBoost Price TargetOutperform$113.00 -> $145.00N/AView Rating Details
2/4/2016GuggenheimLower Price Target$175.00 -> $170.00N/AView Rating Details
12/10/2015SunTrust Banks, Inc.Boost Price TargetBuy$168.00 -> $176.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Signature Bank (NASDAQ:SBNY)
Earnings by Quarter for Signature Bank (NASDAQ:SBNY)
Earnings History by Quarter for Signature Bank (NASDAQ SBNY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/17/2018$2.25N/AView Earnings Details
10/19/2017Q3 2017$2.19$2.29$322.22 million$316.94 millionViewN/AView Earnings Details
7/19/2017Q2 2017$2.22$2.21$324.44 million$316.79 millionViewN/AView Earnings Details
4/19/2017Q1 2017$2.10$2.15$311.70 million$311.63 millionViewN/AView Earnings Details
1/19/2017Q416$2.09$2.11$308.26 million$306.89 millionViewListenView Earnings Details
10/20/2016Q316$2.04$2.11$301.53 million$301.54 millionViewListenView Earnings Details
7/20/2016Q216$1.97$1.90$295.60 million$294.79 millionViewListenView Earnings Details
4/20/2016Q116$1.95$1.97$282.31 million$286.77 millionViewListenView Earnings Details
1/21/2016Q415$1.93$2.01$268.49 million$277.68 millionViewListenView Earnings Details
10/20/2015Q315$1.82$1.88$256.64 million$257.82 millionViewListenView Earnings Details
7/21/2015Q215$1.69$1.77$241.82 million$246.06 millionViewListenView Earnings Details
4/21/2015Q115$1.59$1.64$227.62 million$232.65 millionViewListenView Earnings Details
1/22/2015Q414$1.56$1.60$222.19 million$223.08 millionViewN/AView Earnings Details
10/21/2014Q3 14$1.46$1.52$210.72 million$213.32 millionViewListenView Earnings Details
7/22/2014Q2$1.42$1.44$202.74 million$206.10 millionViewN/AView Earnings Details
4/22/2014Q114$1.35$1.37$189.50 million$215.77 millionViewN/AView Earnings Details
1/21/2014Q4 13$1.26$1.34$181.32 millionViewN/AView Earnings Details
10/22/2013Q313$1.18$1.25$171.60 millionViewN/AView Earnings Details
7/23/2013Q2 2013$1.08$1.12$161.80 millionViewN/AView Earnings Details
4/23/2013Q1 2013$1.04$1.06$156.66 millionViewN/AView Earnings Details
1/22/2013Q4 2012$1.02$1.05$154.07 millionViewN/AView Earnings Details
10/23/2012$0.95$1.00ViewN/AView Earnings Details
7/24/2012$0.88$0.96ViewN/AView Earnings Details
4/24/2012$0.86$0.90ViewN/AView Earnings Details
1/24/2012$0.84$0.85ViewN/AView Earnings Details
10/25/2011$0.80$0.83ViewN/AView Earnings Details
7/26/2011$0.78$0.87ViewN/AView Earnings Details
4/26/2011$0.72$0.82ViewN/AView Earnings Details
1/25/2011$0.63$0.72ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Signature Bank (NASDAQ:SBNY)
2017 EPS Consensus Estimate: $8.98
2018 EPS Consensus Estimate: $9.83
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20178$2.01$2.21$2.09
Q2 20179$2.15$2.30$2.22
Q3 20178$2.16$2.42$2.30
Q4 20179$2.18$2.54$2.36
Q1 20186$2.20$2.80$2.35
Q2 20186$2.25$2.86$2.42
Q3 20186$2.28$2.94$2.50
Q4 20186$2.25$3.04$2.57
Q1 20191$2.46$2.46$2.46
Q2 20192$2.54$2.58$2.56
Q3 20192$2.66$2.76$2.71
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Signature Bank (NASDAQ:SBNY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Signature Bank (NASDAQ:SBNY)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
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Chart

Signature Bank (SBNY) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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