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

Get Started

$111.02 -3.83 (-3.33 %)

(As of 12/13/2018 04:00 PM ET)

Previous Close$114.85

Today's Range$110.82 - $115.18

52-Week Range$105.43 - $161.92

Volume414,479 shs

Average Volume486,077 shs

Market Capitalization$6.25 billion

P/E Ratio12.46

Dividend Yield1.97%

Beta0.93

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.

Receive SBNY News and Ratings via Email

Sign-up to receive the latest news and ratings for SBNY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:SBNY

Previous Symbol

CUSIP82669G10

Webwww.signatureny.com

Phone646-822-1500

Debt

Debt-to-Equity Ratio1.05

Current Ratio0.96

Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio12.46

Forward P/E Ratio9.95

P/E Growth0.95

Sales & Book Value

Annual Sales$1.51 billion

Price / Sales4.05

Cash Flow$10.8843 per share

Price / Cash Flow10.20

Book Value$73.33 per share

Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$8.91

Net Income$387.20 million

Net Margins27.66%

Return on Equity14.34%

Return on Assets1.32%

Miscellaneous

Employees1,305

Outstanding Shares54,980,000

Market Cap$6.25 billion

OptionableOptionable

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 a quarterly dividend on Friday, October 19th. Stockholders of record on Thursday, November 1st will be given a dividend of $0.56 per share on Thursday, November 15th. This represents a $2.24 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Wednesday, October 31st. View Signature Bank's Dividend History.

How were Signature Bank's earnings last quarter?

Signature Bank (NASDAQ:SBNY) issued its quarterly earnings results on Thursday, October, 18th. The bank reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.83 by $0.01. The bank earned $329.34 million during the quarter, compared to the consensus estimate of $331.77 million. Signature Bank had a return on equity of 14.34% and a net margin of 27.66%. Signature Bank's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.29 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 Thursday, January 17th 2019. View Earnings Estimates for Signature Bank.

What price target have analysts set for SBNY?

14 equities research analysts have issued 12 month target prices for Signature Bank's shares. Their forecasts range from $130.00 to $190.00. On average, they expect Signature Bank's share price to reach $141.9231 in the next year. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Price Targets for Signature Bank.

What is the consensus analysts' recommendation for Signature Bank?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

Has Signature Bank been receiving favorable news coverage?

News articles about SBNY stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Signature Bank earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Signature Bank's key competitors?

Some companies that are related to Signature Bank include State Street (STT), 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), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), Investors Bancorp (ISBC) and First Financial Bankshares (FFIN).

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)

Who are Signature Bank's major shareholders?

Signature Bank's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.56%), Vanguard Group Inc (8.60%), Vanguard Group Inc. (8.60%), Alecta Pensionsforsakring Omsesidigt (4.60%), FMR LLC (3.90%) and Massachusetts Financial Services Co. MA (2.20%).

Which major investors are selling Signature Bank stock?

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.

Which major investors are buying Signature Bank stock?

SBNY stock was purchased 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, Federated Investors Inc. PA and Dimensional Fund Advisors LP.

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 $111.02.

How big of a company is Signature Bank?

Signature Bank has a market capitalization of $6.25 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.

What is Signature Bank's official website?

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

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:		3.2 out of 5 ( )
Outperform Votes:		564 (Vote Outperform)
Underperform Votes:		315 (Vote Underperform)
Total Votes:		879

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 12/13/2018 by MarketBeat.com Staff

Featured Article: Cost of Equity For A Business, Investors