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

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

Signature Bank announced a quarterly dividend on Friday, October 19th. Shareholders of record on Thursday, November 1st will be paid 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 of this dividend is Wednesday, October 31st. View Signature Bank's Dividend History.

Signature Bank (NASDAQ:SBNY) released its quarterly earnings results on Thursday, October, 18th. The bank reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.01. The bank earned $329.34 million during the quarter, compared to analyst estimates of $331.77 million. Signature Bank had a return on equity of 14.34% and a net margin of 27.66%. The business's revenue for the quarter was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $2.29 EPS. View Signature Bank's Earnings History.

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

15 equities research analysts have issued 12-month price targets for Signature Bank's shares. Their predictions range from $130.00 to $190.00. On average, they anticipate Signature Bank's share 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.

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.

Press coverage about SBNY stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Signature Bank earned a news impact score of 1.2 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Signature Bank include M&T Bank (MTB), Northern Trust (NTRS), Deutsche Bank (DB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), Wintrust Financial (WTFC), First Financial Bankshares (FFIN) and Investors Bancorp (ISBC).

Signature Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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%).

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.

SBNY stock was acquired 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..

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 $117.69.

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.

The official website for Signature Bank is http://www.signatureny.com.

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]