NASDAQ:SBNY - Signature Bank Stock Price, Price Target & More

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

Signature Bank (NASDAQ:SBNY) released its quarterly earnings data on Thursday, April, 19th. The bank reported $2.69 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.67 by $0.02. The bank earned $325.35 million during the quarter, compared to analyst estimates of $328.88 million. Signature Bank had a return on equity of 13.29% and a net margin of 18.57%. During the same quarter in the previous year, the firm posted $2.48 EPS. View Signature Bank's Earnings History.

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

16 brokerages have issued 12 month price objectives for Signature Bank's stock. Their predictions range from $116.68 to $200.00. On average, they expect Signature Bank's stock price to reach $156.2453 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Ratings for Signature Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Signature Bank include M&T Bank (MTB), Northern Trust (NTRS), Deutsche Bank (DB), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB) and Associated Banc (ASB).

Headlines about SBNY stock have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Signature Bank earned a media sentiment score of 0.11 on Accern's scale. They also assigned news articles about the bank an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Signature Bank's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (4.53%), Handelsbanken Fonder AB (0.59%), Peregrine Capital Management LLC (0.13%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), Tandem Investment Advisors Inc. (0.02%) and Xact Kapitalforvaltning AB (0.02%). View Institutional Ownership Trends for Signature Bank.

SBNY stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Peregrine Capital Management LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Signature Bank.

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Tandem Investment Advisors Inc., State of Alaska Department of Revenue and Xact Kapitalforvaltning AB. View Insider Buying and Selling for 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.

One share of SBNY stock can currently be purchased for approximately $123.43.

Signature Bank has a market capitalization of $6.79 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.

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]