S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:SBNY

Signature Bank Stock Forecast, Price & News

$154.33
-5.49 (-3.44 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$152.84
Now: $154.33
$158.50
50-Day Range
$112.19
MA: $132.20
$159.82
52-Week Range
$68.98
Now: $154.33
$160.52
Volume605,750 shs
Average Volume530,925 shs
Market Capitalization$8.27 billion
P/E Ratio16.26
Dividend Yield1.40%
Beta1.74
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 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 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 July 8, 2020, the company operated 32 private client offices located in the New York metropolitan area, including Greenwich, Connecticut, as well as in San Francisco and Charlotte, N.C. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.
Signature Bank logo

MarketRank

Overall MarketRank

2.65 out of 5 stars

Finance Sector

14th out of 1,705 stocks

State Commercial Banks Industry

2nd out of 274 stocks

Analyst Opinion: 2.4Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SBNY
CUSIP82669G10
Phone646-822-1500
Employees1,472

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.94 billion
Cash Flow$24.15 per share
Book Value$89.12 per share

Profitability

Net Income$588.93 million

Miscellaneous

Market Cap$8.27 billion
Next Earnings Date1/21/2021 (Confirmed)
OptionableOptionable
$154.33
-5.49 (-3.44 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Signature Bank (NASDAQ:SBNY) Frequently Asked Questions

How has Signature Bank's stock price been impacted by Coronavirus (COVID-19)?

Signature Bank's stock was trading at $100.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SBNY stock has increased by 53.0% and is now trading at $154.33.
View which stocks have been most impacted by COVID-19
.

Is Signature Bank a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 3 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Signature Bank stock.
View analyst ratings for Signature Bank
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Signature Bank?

Wall Street analysts have given Signature Bank a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Signature Bank wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Signature Bank's next earnings date?

Signature Bank is scheduled to release its next quarterly earnings announcement on Thursday, January 21st 2021.
View our earnings forecast for Signature Bank
.

How can I listen to Signature Bank's earnings call?

Signature Bank will be holding an earnings conference call on Thursday, January 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) released its quarterly earnings results on Tuesday, October, 20th. The bank reported $2.62 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.78 by $0.16. The bank had revenue of $412.93 million for the quarter, compared to analysts' expectations of $420.47 million. Signature Bank had a net margin of 26.12% and a return on equity of 10.74%. During the same quarter in the previous year, the firm posted $2.75 earnings per share.
View Signature Bank's earnings history
.

How often does Signature Bank pay dividends? What is the dividend yield for Signature Bank?

Signature Bank announced a quarterly dividend on Tuesday, October 20th. Investors of record on Monday, November 2nd will be given a dividend of $1.12 per share on Friday, November 13th. This represents a $4.48 annualized dividend and a yield of 2.90%. The ex-dividend date is Friday, October 30th. This is an increase from Signature Bank's previous quarterly dividend of $0.56.
View Signature Bank's dividend history
.

Is Signature Bank a good dividend stock?

Signature Bank pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.40%. The dividend payout ratio of Signature Bank is 20.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Signature Bank will have a dividend payout ratio of 19.39% next year. This indicates that Signature Bank will be able to sustain or increase its dividend.
View Signature Bank's dividend history.

What price target have analysts set for SBNY?

15 brokerages have issued 1 year price targets for Signature Bank's stock. Their forecasts range from $100.00 to $174.00. On average, they expect Signature Bank's stock price to reach $133.88 in the next twelve months. This suggests that the stock has a possible downside of 13.3%.
View analysts' price targets for Signature Bank
or view Wall Street analyst' top-rated stocks.

Are investors shorting Signature Bank?

Signature Bank saw a drop in short interest in December. As of December 31st, there was short interest totaling 1,360,000 shares, a drop of 42.6% from the December 15th total of 2,370,000 shares. Based on an average daily trading volume, of 736,900 shares, the short-interest ratio is currently 1.8 days. Approximately 2.5% of the company's stock are short sold.
View Signature Bank's Short Interest
.

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 The Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), NVIDIA (NVDA), Visa (V), AbbVie (ABBV), Bank of America (BAC), Johnson & Johnson (JNJ), UnitedHealth Group (UNH) and Broadcom (AVGO).

Who are Signature Bank's key executives?

Signature Bank's management team includes the following people:
  • Mr. Scott Aaron Shay, Co-Founder & Chairman (Age 63, Pay $2.23M)
  • Mr. Joseph John DePaolo, Co-Founder, Pres, CEO & Director (Age 62, Pay $4.07M)
  • Mr. John Tamberlane, Co-Founder & Vice Chairman (Age 79, Pay $1.27M)
  • Mr. Vito Susca, Exec. VP & CFO (Age 52, Pay $952.61k)
  • Mr. Mark T. Sigona, Exec. VP & COO (Age 59, Pay $1.21M)
  • Mr. Michael Sharkey, Sr. VP & CTO (Age 63)
  • Mr. Eric Raymond Howell, Sr. Exec. VP of Corp. & Bus. Devel. (Age 51)
  • Ms. Ana M. Harris, Sr. VP & Chief HR Officer
  • Mr. Thomas A. Rogers, Head of Private Client Group Team
  • Mr. Craig Spatz, Sr. VP & Group Director of Woodmere Office

What is Signature Bank's stock symbol?

Signature Bank trades on the NASDAQ under the ticker symbol "SBNY."

Who are Signature Bank's major shareholders?

Signature Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.08%), Boston Trust Walden Corp (0.63%), State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%) and Pennsylvania Capital Management Inc. ADV (0.00%).

Which major investors are selling Signature Bank stock?

SBNY stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, and State of Alaska Department of Revenue.

Which major investors are buying Signature Bank stock?

SBNY stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Pennsylvania Capital Management Inc. ADV, and Crossmark Global Holdings 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Signature Bank's stock price today?

One share of SBNY stock can currently be purchased for approximately $154.33.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $8.27 billion and generates $1.94 billion in revenue each year. The bank earns $588.93 million in net income (profit) each year or $10.86 on an earnings per share basis. Signature Bank employs 1,472 workers across the globe.

What is Signature Bank's official website?

The official website for Signature Bank is 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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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