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

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$119.87 +1.16 (+0.98 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$119.87
Today's Range$115.00 - $120.16
52-Week Range$115.00 - $161.92
Volume1.79 million shs
Average Volume512,028 shs
Market Capitalization$6.53 billion
P/E Ratio13.45
Dividend YieldN/A
Beta1.16
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 Ratio0.95

Price-To-Earnings

Trailing P/E Ratio13.45
Forward P/E Ratio10.60
P/E Growth0.98

Sales & Book Value

Annual Sales$1.51 billion
Price / Sales4.38
Cash Flow$11.2554 per share
Price / Cash10.65
Book Value$75.44 per share
Price / Book1.59

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$6,526.56

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

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) posted its quarterly earnings results on Thursday, July, 19th. The bank reported $2.83 EPS for the quarter, topping analysts' consensus estimates 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 period in the previous year, the business 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 brokers have issued twelve-month price targets for Signature Bank's stock. Their predictions range from $130.00 to $200.00. On average, they anticipate Signature Bank's share price to reach $153.6667 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Ratings 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 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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. Joseph John DePaolo, Co-Founder, Pres, CEO & Director (Age 59)
  • Mr. Vito Susca, Exec. VP & CFO (Age 49)
  • Mr. Scott Aaron Shay, Co-Founder & Chairman (Age 60)
  • Mr. John Tamberlane, Co-Founder & Vice Chairman (Age 76)
  • Mr. Mark T. Sigona, Exec. VP & COO (Age 56)

Has Signature Bank been receiving favorable news coverage?

News articles about SBNY stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. 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 coverage optimism score of 0.04 on Accern's scale. They also assigned media stories about the bank an impact score of 46.93 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Signature Bank's major shareholders?

Signature Bank's stock is owned by a number of of institutional and retail investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (4.53%), Handelsbanken Fonder AB (0.59%), Fred Alger Management Inc. (0.39%), Retirement Systems of Alabama (0.27%), Peregrine Capital Management LLC (0.13%) and Bank of Montreal Can (0.07%). View Institutional Ownership Trends for Signature Bank.

Which major investors are selling Signature Bank stock?

SBNY stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Bank of Montreal Can, Municipal Employees Retirement System of Michigan, Tokio Marine Asset Management Co. Ltd., Peregrine Capital Management LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Signature Bank.

Which major investors are buying Signature Bank stock?

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Fred Alger Management Inc., Assenagon Asset Management S.A., Whittier Trust Co., Retirement Systems of Alabama, Oakbrook Investments LLC, Tandem Investment Advisors Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Signature Bank.

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 $119.87.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $6.53 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:  535 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  816
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 7/21/2018 by MarketBeat.com Staff

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