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

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$117.54 +0.01 (+0.01 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$117.54
Today's Range$117.10 - $119.60
52-Week Range$108.89 - $161.92
Volume508,935 shs
Average Volume502,137 shs
Market Capitalization$6.13 billion
P/E Ratio13.19
Dividend Yield1.99%
Beta1.02
Signature Bank logoSignature 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
SymbolNASDAQ:SBNY
CUSIP82669G10
Phone646-822-1500

Debt

Debt-to-Equity Ratio1.22
Current Ratio0.98
Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio13.19
Forward P/E Ratio10.51
P/E Growth0.93

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales4.29
Cash Flow$11.7423 per share
Price / Cash10.01
Book Value$73.33 per share
Price / Book1.60

Profitability

EPS (Most Recent Fiscal Year)$8.91
Net Income$387.20 million
Net Margins26.76%
Return on Equity13.84%
Return on Assets1.28%

Miscellaneous

Employees1,305
Outstanding Shares54,980,000
Market Cap$6.13 billion

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 an annual dividend on Thursday, July 19th. Stockholders of record on Wednesday, August 1st will be paid a dividend of $0.56 per share on Wednesday, August 15th. This represents a dividend yield of 0.47%. The ex-dividend date is Tuesday, July 31st. View Signature Bank's Dividend History.

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) announced its quarterly earnings results on Thursday, July, 19th. The bank reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.80 by $0.03. The bank earned $326.63 million during the quarter, compared to analyst estimates of $334 million. Signature Bank had a return on equity of 13.84% and a net margin of 26.76%. During the same quarter in the prior year, the firm earned $2.21 EPS. 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, October, 18th 2018. View Earnings Estimates for Signature Bank.

What price target have analysts set for SBNY?

16 analysts have issued 12-month target prices for Signature Bank's stock. Their forecasts range from $130.00 to $200.00. On average, they anticipate Signature Bank's share price to reach $152.40 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price. View Analyst Price Targets for Signature Bank.

What is the consensus analysts' recommendation for Signature Bank?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

Are investors shorting Signature Bank?

Signature Bank saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 1,246,876 shares, a decrease of 27.7% from the July 13th total of 1,725,291 shares. Based on an average daily volume of 1,038,359 shares, the short-interest ratio is presently 1.2 days. Currently, 2.3% of the shares of the company are sold short. View Signature Bank's Current Options Chain.

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)

Has Signature Bank been receiving favorable news coverage?

Press coverage about SBNY stock has been trending somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Signature Bank earned a coverage optimism score of 0.10 on Accern's scale. They also assigned news stories about the bank an impact score of 46.46 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Signature Bank.

Who are Signature Bank's major shareholders?

Signature Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.14%), Alecta Pensionsforsakring Omsesidigt (4.53%), FMR LLC (3.77%), Parnassus Investments CA (2.31%), Millennium Management LLC (1.53%) and Bank of New York Mellon Corp (1.25%).

Which institutional investors are selling Signature Bank stock?

SBNY stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Handelsbanken Fonder AB, Bank of America Corp DE, OppenheimerFunds Inc., Frontier Capital Management Co. LLC, Northwestern Mutual Wealth Management Co., Tocqueville Asset Management L.P. and Aristotle Capital Boston LLC.

Which institutional investors are buying Signature Bank stock?

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, FMR LLC, Fort Washington Investment Advisors Inc. OH, Caisse DE Depot ET Placement DU Quebec, EJF Capital LLC and Point72 Asset Management L.P..

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 $117.54.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $6.13 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.

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:  3.3 out of 5 (star star star)
Outperform Votes:  548 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  840
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 8/18/2018 by MarketBeat.com Staff

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