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

$128.49 -0.81 (-0.63 %)

(As of 04/24/2018 01:06 AM ET)

Previous Close$128.49

Today's Range$127.58 - $131.9750

52-Week Range$116.68 - $161.92

Volume641,590 shs

Average Volume424,984 shs

Market Capitalization$7.11 billion

P/E Ratio14.42

Dividend YieldN/A

Beta1.1

About Signature Bank (NASDAQ:SBNY)

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 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

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

SymbolNASDAQ:SBNY

CUSIP82669G10

Webwww.signatureny.com

Phone646-822-1500

Debt

Debt-to-Equity Ratio1.14%

Current Ratio0.96%

Quick Ratio0.95%

Price-To-Earnings

Trailing P/E Ratio14.42

Forward P/E Ratio11.51

P/E Growth1.08

Sales & Book Value

Annual Sales$1.51 billion

Price / Sales4.69

Cash Flow$11.0767 per share

Price / Cash11.60

Book Value$73.33 per share

Price / Book1.75

Profitability

EPS (Most Recent Fiscal Year)$8.91

Net Income$387.20 million

Net Margins18.57%

Return on Equity13.29%

Return on Assets1.24%

Miscellaneous

Employees1,305

Outstanding Shares54,980,000

How to Become a New Pot Stock Millionaire

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 were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) posted its earnings results on Thursday, April, 19th. The bank reported $2.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.67 by $0.02. The bank had revenue of $325.35 million for the quarter, compared to analysts' expectations of $328.88 million. Signature Bank had a return on equity of 13.29% and a net margin of 18.57%. During the same period in the previous year, the firm earned $2.48 earnings per share. 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 Wednesday, July, 18th 2018. View Earnings Estimates for Signature Bank.

What price target have analysts set for SBNY?

16 analysts have issued 12-month price targets for Signature Bank's stock. Their forecasts range from $126.00 to $200.00. On average, they anticipate Signature Bank's stock price to reach $158.0667 in the next twelve months. View Analyst Ratings for Signature Bank.

Who are some of Signature Bank's key competitors?

Some companies that are related to Signature Bank include M&T Bank (MTB), Northern Trust (NTRS), Fifth Third Bank (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), Prosperity Bancshares (PB), Wintrust Financial (WTFC), First Citizens BancShares (FCNCA), Texas Capital Bancshares (TCBI), Popular (BPOP) and Hancock (HBHC).

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. Eric Raymond Howell, Exec. VP of Corp. & Bus. Devel. (Age 48)

Has Signature Bank been receiving favorable news coverage?

Media coverage about SBNY stock has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news 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 news impact score of 0.18 on Accern's scale. They also gave news headlines about the bank an impact score of 45.68 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 $128.49.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $7.11 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 (SBNY)

Community Ranking:		3.3 out of 5 ( )
Outperform Votes:		513 (Vote Outperform)
Underperform Votes:		261 (Vote Underperform)
Total Votes:		774

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.

Signature Bank (NASDAQ:SBNY) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

16 Wall Street analysts have issued ratings and price targets for Signature Bank in the last 12 months. Their average twelve-month price target is $158.0667, suggesting that the stock has a possible upside of 23.02%. The high price target for SBNY is $200.00 and the low price target for SBNY is $126.00. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	2.69	2.72	2.78	2.81
Ratings Breakdown:	0 Sell Rating(s) 5 Hold Rating(s) 11 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 5 Hold Rating(s) 13 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 14 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 3 Hold Rating(s) 13 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$158.0667	$161.1176	$158.5625	$154.80
Price Target Upside:	23.02% upside	5.10% upside	3.34% upside	15.85% upside

Signature Bank (NASDAQ:SBNY) Consensus Price Target History

Price Target History for Signature Bank (NASDAQ:SBNY)

Signature Bank (NASDAQ:SBNY) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/20/2018	BMO Capital Markets	Lower Price Target	Outperform -> Outperform	$192.00 -> $171.00	Low
4/20/2018	Jefferies Group	Reiterated Rating	Buy	$161.00	High
4/20/2018	Wells Fargo	Upgrade	Market Perform -> Outperform		High
3/21/2018	UBS	Initiated Coverage	Neutral	$163.00	High
2/27/2018	Keefe, Bruyette & Woods	Reiterated Rating	Buy	$181.00	High
1/19/2018	Maxim Group	Boost Price Target	Buy -> Buy	$175.00 -> $200.00	High
1/19/2018	Stephens	Reiterated Rating	Buy		High
1/9/2018	Piper Jaffray	Reiterated Rating	Hold	$149.00	N/A
1/2/2018	Barclays	Boost Price Target	Overweight	$140.00 -> $151.00	Low
11/20/2017	JMP Securities	Initiated Coverage	Mkt Outperform -> Outperform	$160.00	N/A
11/6/2017	Morgan Stanley	Downgrade	Overweight -> Equal Weight	$150.00	N/A
10/2/2017	FIG Partners	Reiterated Rating	Outperform	$150.00	Low
9/20/2017	Bank of America	Reiterated Rating	Buy	$175.00 -> $165.00	Low
9/20/2017	Wedbush	Downgrade	Outperform -> Neutral	$157.00 -> $126.00	Low
9/11/2017	Hovde Group	Upgrade	Underperform -> Market Perform	$132.00	Medium
7/20/2017	Deutsche Bank	Lower Price Target	Buy	$178.00 -> $162.00	Medium
4/22/2017	FBR & Co	Reiterated Rating	Outperform	$180.00 -> $170.00	Low
4/6/2017	Raymond James	Reiterated Rating	Strong-Buy -> Outperform	$167.00 -> $183.00	Low
7/9/2016	JPMorgan Chase	Reiterated Rating	Buy		N/A

(Data available from 4/24/2016 forward)

Signature Bank (NASDAQ:SBNY) Earnings History and Estimates Chart

Earnings by Quarter for Signature Bank (NASDAQ:SBNY)

Signature Bank (NASDAQ:SBNY) Earnings Estimates

2018 EPS Consensus Estimate: $10.97
2019 EPS Consensus Estimate: $11.89

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	6	$2.41	$2.79	$2.63
Q2 2018	7	$2.51	$2.87	$2.73
Q3 2018	7	$2.44	$2.90	$2.74
Q4 2018	7	$2.68	$2.96	$2.87
Q1 2019	5	$2.81	$2.87	$2.85
Q2 2019	5	$2.86	$3.00	$2.94
Q3 2019	5	$2.89	$3.11	$3.01
Q4 2019	5	$2.95	$3.21	$3.08

Signature Bank (NASDAQ SBNY) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
7/17/2018		$2.80					N/A
4/19/2018	Q1 2018	$2.67	$2.69	$328.88 million	$325.35 million	View	N/A
1/18/2018	Q4 2017	$2.23	$2.43	$321.86 million	$328.27 million	View	Listen
10/19/2017	Q3 2017	$2.19	$2.29	$322.22 million	$316.94 million	View	N/A
7/19/2017	Q2 2017	$2.22	$2.21	$324.44 million	$316.79 million	View	N/A
4/19/2017	Q1 2017	$2.10	$2.15	$311.70 million	$311.63 million	View	N/A
1/19/2017	Q416	$2.09	$2.11	$308.26 million	$306.89 million	View	Listen
10/20/2016	Q316	$2.04	$2.11	$301.53 million	$301.54 million	View	Listen
7/20/2016	Q216	$1.97	$1.90	$295.60 million	$294.79 million	View	Listen
4/20/2016	Q116	$1.95	$1.97	$282.31 million	$286.77 million	View	Listen
1/21/2016	Q415	$1.93	$2.01	$268.49 million	$277.68 million	View	Listen
10/20/2015	Q315	$1.82	$1.88	$256.64 million	$257.82 million	View	Listen
7/21/2015	Q215	$1.69	$1.77	$241.82 million	$246.06 million	View	Listen
4/21/2015	Q115	$1.59	$1.64	$227.62 million	$232.65 million	View	Listen
1/22/2015	Q414	$1.56	$1.60	$222.19 million	$223.08 million	View	N/A
10/21/2014	Q3 14	$1.46	$1.52	$210.72 million	$213.32 million	View	Listen
7/22/2014	Q2	$1.42	$1.44	$202.74 million	$206.10 million	View	N/A
4/22/2014	Q114	$1.35	$1.37	$189.50 million	$215.77 million	View	N/A
1/21/2014	Q4 13	$1.26	$1.34	$181.32 million	$184.34 million	View	N/A
10/22/2013	Q313	$1.18	$1.25	$171.60 million	$175.25 million	View	N/A
7/23/2013	Q2 2013	$1.08	$1.12	$161.80 million	$163.82 million	View	N/A
4/23/2013	Q1 2013	$1.04	$1.06	$156.66 million	$156.94 million	View	N/A
1/22/2013	Q4 2012	$1.02	$1.05	$154.07 million		View	N/A
10/23/2012		$0.95	$1.00			View	N/A
7/24/2012		$0.88	$0.96			View	N/A
4/24/2012		$0.86	$0.90			View	N/A
1/24/2012		$0.84	$0.85			View	N/A
10/25/2011		$0.80	$0.83			View	N/A
7/26/2011		$0.78	$0.87			View	N/A
4/26/2011		$0.72	$0.82			View	N/A
1/25/2011		$0.63	$0.72			View	N/A
10/27/2010	Q3 2010	$0.54	$0.66			View	N/A
7/27/2010	Q2 2010	$0.51	$0.54			View	N/A
4/27/2010	Q1 2010	$0.45	$0.50			View	N/A
1/26/2010	Q4 2009	$0.36	$0.51			View	N/A
10/27/2009	Q3 2009	$0.34	$0.37			View	N/A
7/28/2009	Q2 2009	$0.32	$0.32			View	N/A
4/28/2009	Q1 2009	$0.36	$0.36			View	N/A
1/29/2009	Q4 2008	$0.37	$0.37			View	N/A
10/30/2008	Q3 2008	$0.39	$0.44			View	N/A
7/31/2008	Q2 2008	$0.35	$0.36			View	N/A
5/1/2008	Q1 2008	$0.31	$0.33			View	N/A
2/14/2008	Q4 2007	$0.36	$0.30			View	N/A

(Earnings results data provided by Zacks Investment Research)

Signature Bank (NASDAQ:SBNY) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Signature Bank (NASDAQ SBNY) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 94.62%

Insider Trading History for Signature Bank (NASDAQ:SBNY)

Institutional Ownership by Quarter for Signature Bank (NASDAQ:SBNY)

Signature Bank (NASDAQ SBNY) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

Signature Bank (NASDAQ SBNY) News Headlines

Source:

Date	Headline
	FY2019 EPS Estimates for Signature Bank Cut by Jefferies Group (SBNY) www.americanbankingnews.com - April 23 at 2:46 AM
	Q3 2018 Earnings Estimate for Signature Bank Issued By Wedbush (SBNY) www.americanbankingnews.com - April 23 at 1:56 AM
	Brokers Set Expectations for Signature Bank's Q2 2018 Earnings (SBNY) www.americanbankingnews.com - April 23 at 1:38 AM
	Q2 2018 EPS Estimates for Signature Bank (SBNY) Decreased by Analyst www.americanbankingnews.com - April 23 at 1:36 AM
	BMO Capital Markets Trims Signature Bank (SBNY) Target Price to $171.00 www.americanbankingnews.com - April 20 at 2:24 PM
	Signature Bank (SBNY) Raised to "Outperform" at Wells Fargo www.americanbankingnews.com - April 20 at 9:28 AM
	Signature Bank (SBNY) Earns Buy Rating from Jefferies Group www.americanbankingnews.com - April 20 at 9:28 AM
	Signature Bank's (SBNY) CEO Joseph DePaolo on Q1 2018 Results - Earnings Call Transcript seekingalpha.com - April 19 at 5:08 PM
	Signature Bank (SBNY) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - April 19 at 10:41 AM
	Signature Bank beats by $0.02, misses on revenue seekingalpha.com - April 19 at 8:51 AM
	Signature Bank to Host Earnings Call finance.yahoo.com - April 19 at 8:51 AM
	Three Key Risks For Signature Bank (NASDAQ:SBNY) You Should Know finance.yahoo.com - April 19 at 8:51 AM
	Signature Bank (SBNY) Announces Earnings Results, Beats Estimates By $0.02 EPS www.americanbankingnews.com - April 19 at 8:47 AM
	Signature Bank (SBNY) Lowered to "Strong Sell" at BidaskClub www.americanbankingnews.com - April 15 at 12:01 PM
	Critical Analysis: Signature Bank (SBNY) versus Deutsche Bank (DB) www.americanbankingnews.com - April 11 at 7:25 PM
	Free Research Reports on These Banking Stocks -- Seacoast Banking Corp. of Florida, Signature Bank, Union Bankshares, and United Community Banks www.bizjournals.com - April 11 at 9:20 AM
	Signature Bank (SBNY) Expected to Announce Quarterly Sales of $329.14 Million www.americanbankingnews.com - April 10 at 2:01 AM
	Signature Bank (SBNY) to Release Earnings on Tuesday www.americanbankingnews.com - April 10 at 1:11 AM
	Keefe, Bruyette & Woods Comments on Signature Bank's Q2 2018 Earnings (SBNY) www.americanbankingnews.com - April 9 at 1:39 AM
	$2.68 EPS Expected for Signature Bank (SBNY) This Quarter www.americanbankingnews.com - April 8 at 11:16 PM
	Signature Bank (SBNY) Rating Lowered to Sell at BidaskClub www.americanbankingnews.com - April 7 at 9:29 AM
	SBNY Crosses Below Key Moving Average Level www.nasdaq.com - April 6 at 5:10 PM
	Signature Bank Forecasted to Post Q1 2018 Earnings of $2.64 Per Share (SBNY) www.americanbankingnews.com - April 6 at 6:49 AM
	Q1 2018 EPS Estimates for Signature Bank Lifted by Keefe, Bruyette & Woods (SBNY) www.americanbankingnews.com - April 6 at 6:49 AM
	Jefferies Group Reiterates "Buy" Rating for Signature Bank (SBNY) www.americanbankingnews.com - April 6 at 12:28 AM
	Brokers Issue Forecasts for Signature Bank's FY2018 Earnings (SBNY) www.americanbankingnews.com - April 5 at 7:58 AM
	The 3 Best Bank Stocks for an Aging Bull Market fortune.com - April 2 at 9:19 AM
	Signature Bank (SBNY) Rating Lowered to Equal Weight at Morgan Stanley www.americanbankingnews.com - April 1 at 8:06 PM
	Signature Bank's (SBNY) "Hold" Rating Reaffirmed at Piper Jaffray www.americanbankingnews.com - March 30 at 10:34 AM
	Equities Analysts Set Expectations for Signature Bank's Q4 2018 Earnings (SBNY) www.americanbankingnews.com - March 26 at 1:36 AM
	Signature Bank (SBNY) Given Consensus Rating of "Buy" by Brokerages www.americanbankingnews.com - March 25 at 9:35 AM
	Signature Bank (SBNY) Expected to Announce Quarterly Sales of $328.88 Million www.americanbankingnews.com - March 24 at 2:20 AM
	East West Bancorp (EWBC) & Signature Bank (SBNY) Head to Head Survey www.americanbankingnews.com - March 23 at 1:16 AM
	Zacks: Analysts Expect Signature Bank (SBNY) Will Announce Earnings of $2.67 Per Share www.americanbankingnews.com - March 22 at 11:08 PM
	UBS Initiates Coverage on Signature Bank (SBNY) www.americanbankingnews.com - March 21 at 6:06 PM
	Signature Bank Announces Availability of Materials for 2018 Annual Shareholders' Meeting finance.yahoo.com - March 16 at 5:57 PM
	Signature Bank (SBNY) volatility increases after report New York's state banking regulator asked Kushner about loans www.streetinsider.com - March 9 at 9:12 AM
	Signature Bank (SBNY) Expected to Post Quarterly Sales of $328.88 Million www.americanbankingnews.com - March 7 at 3:44 AM
	Analysts Expect Signature Bank (SBNY) to Post $2.67 Earnings Per Share www.americanbankingnews.com - March 5 at 7:12 PM
	Signature Bank (SBNY) Shares Bought by Allianz Asset Management GmbH www.americanbankingnews.com - March 5 at 4:08 AM
	Signature Bank (SBNY) Shares Bought by Spindletop Capital LLC www.americanbankingnews.com - March 4 at 2:45 PM
	UBS Asset Management Americas Inc. Buys 9,152 Shares of Signature Bank (SBNY) www.americanbankingnews.com - March 3 at 9:08 AM
	Mackenzie Financial Corp Buys 12,814 Shares of Signature Bank (SBNY) www.americanbankingnews.com - March 2 at 1:37 PM
	Signature Bank (SBNY) Stake Lifted by Bank of New York Mellon Corp www.americanbankingnews.com - March 2 at 4:50 AM
	Signature Bank (SBNY) Position Raised by The Manufacturers Life Insurance Company www.americanbankingnews.com - March 1 at 6:04 PM
	OppenheimerFunds Inc. Has $35.75 Million Position in Signature Bank (SBNY) www.americanbankingnews.com - March 1 at 6:52 AM
	Suntrust Banks Inc. Trims Stake in Signature Bank (SBNY) www.americanbankingnews.com - February 28 at 5:46 PM
	Signature Bank (SBNY) Position Boosted by Davis Capital Partners LLC www.americanbankingnews.com - February 28 at 3:30 PM
	Signature Bank (SBNY) Receives Consensus Recommendation of "Buy" from Brokerages www.americanbankingnews.com - February 28 at 11:39 AM
	Signature Bank (SBNY) Stock Rating Reaffirmed by Keefe, Bruyette & Woods www.americanbankingnews.com - February 27 at 8:28 PM

Signature Bank (NASDAQ:SBNY) SEC Filings

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Signature Bank (NASDAQ:SBNY) Income Statement, Balance Sheet and Cash Flow Statement

Signature Bank (NASDAQ SBNY) Stock Chart for Tuesday, April, 24, 2018

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This page was last updated on 4/24/2018 by MarketBeat.com Staff