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.
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 Ratio1.05
Current Ratio0.96
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio12.30
Forward P/E Ratio9.83
P/E Growth0.94
Sales & Book Value
Annual Sales$1.51 billion
Price / Sales4.01
Cash Flow$10.8636 per share
Price / Cash10.12
Book Value$73.33 per share
Price / Book1.50
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$6.20 billion
