Signature Bank Company Profile (NASDAQ:SBNY)

About Signature Bank (NASDAQ:SBNY)

Signature Bank logoSignature Bank is a full-service commercial bank. The Bank operates over 30 private client offices throughout the New York metropolitan area. Its segments include Commercial Banking and Specialty Finance. It offers a range of business and personal banking products and services. Its specialty finance subsidiary, Signature Financial LLC (Signature Financial), provides equipment finance and leasing services. Signature Securities Group Corporation, a subsidiary of Bank, is a licensed broker-dealer, investment advisor offering investment, brokerage, asset management and insurance products and services. The Commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, commercial vehicle, municipal and national franchise financing and/or leasing.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:SBNY
  • CUSIP: 82669G10
  • Web: www.signatureny.com
Capitalization:
  • Market Cap: $6.54288 billion
  • Outstanding Shares: 54,097,000
Average Prices:
  • 50 Day Moving Avg: $128.78
  • 200 Day Moving Avg: $139.56
  • 52 Week Range: $113.53 - $164.23
P/E:
  • Trailing P/E Ratio: 19.50
  • Foreward P/E Ratio: 12.33
  • P/E Growth: 1.43
Sales & Book Value:
  • Annual Revenue: $926.93 million
  • Price / Sales: 7.10
  • Book Value: $70.19 per share
  • Price / Book: 1.73
Profitability:
  • Net Margins: 23.62%
  • Return on Equity: 12.61%
  • Return on Assets: 1.18%
Debt:
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.91%
Misc:
  • Average Volume: 494,147 shs.
  • Beta: 0.97
  • Short Ratio: 2.45
 

Frequently Asked Questions for Signature Bank (NASDAQ:SBNY)

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) released its earnings results on Wednesday, July, 19th. The company reported $2.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.22 by $0.01. The business had revenue of $316.79 million for the quarter, compared to analysts' expectations of $324.44 million. Signature Bank had a net margin of 23.62% and a return on equity of 12.61%. During the same period last year, the firm earned $1.90 EPS. View Signature Bank's Earnings History.

When will Signature Bank make its next earnings announcement?

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for Signature Bank.

Where is Signature Bank's stock going? Where will Signature Bank's stock price be in 2017?

14 analysts have issued 1-year price targets for Signature Bank's stock. Their predictions range from $126.00 to $183.00. On average, they anticipate Signature Bank's stock price to reach $158.93 in the next twelve months. View Analyst Ratings for Signature Bank.

Are investors shorting Signature Bank?

Signature Bank saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,935,703 shares, an increase of 36.1% from the August 15th total of 1,421,960 shares. Based on an average daily volume of 294,214 shares, the days-to-cover ratio is presently 6.6 days. Approximately 3.7% of the shares of the stock are sold short.

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:

  • Scott A. Shay, Chairman of the Board
  • Joseph J. DePaolo, President, Chief Executive Officer, Director
  • Vito Susca, Chief Financial Officer, Senior Vice President
  • Mark T. Sigona, Executive Vice President, Chief Operating Officer
  • Peter S. Quinlan, Executive Vice President, Treasurer
  • Eric R. Howell, Executive Vice President-Corporate & Business Development
  • Michael J. Merlo, Executive Vice President and Chief Credit Officer
  • James Yu, Senior Vice President
  • Michael Sharkey, Senior Vice President, Chief Technology Officer
  • John Tamberlane, Vice Chairman of the Board

Who owns Signature Bank stock?

Signature Bank's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.77%), Vanguard Group Inc. (7.91%), Capital Research Global Investors (5.35%), State Street Corp (4.85%), Alecta Pensionsforsakring Omsesidigt (4.33%) and Franklin Resources Inc. (2.77%). View Institutional Ownership Trends for Signature Bank.

Who sold Signature Bank stock? Who is selling Signature Bank stock?

Signature Bank's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Victory Capital Management Inc., William Blair Investment Management LLC, Frontier Capital Management Co. LLC, Franklin Resources Inc., FMR LLC, Tocqueville Asset Management L.P. and Zevenbergen Capital Investments LLC. View Insider Buying and Selling for Signature Bank.

Who bought Signature Bank stock? Who is buying Signature Bank stock?

Signature Bank's stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Koch Industries Inc., TimesSquare Capital Management LLC, Wedge Capital Management L L P NC, Lord Abbett & CO. LLC, Westfield Capital Management Co. LP, Alecta Pensionsforsakring Omsesidigt and Alliancebernstein L.P.. View Insider Buying and Selling for Signature Bank.

How do I buy Signature Bank stock?

Shares of Signature Bank can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Signature Bank's stock price today?

One share of Signature Bank stock can currently be purchased for approximately $121.74.


MarketBeat Community Rating for Signature Bank (NASDAQ SBNY)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  455 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  683
MarketBeat's community ratings are surveys of what our community members think about Signature Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Signature Bank (NASDAQ:SBNY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $158.93 (30.55% upside)

Analysts' Ratings History for Signature Bank (NASDAQ:SBNY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/20/2017Bank of America CorporationReiterated RatingBuy$175.00 -> $165.00LowView Rating Details
9/20/2017WedbushDowngradeOutperform -> Neutral$157.00 -> $126.00LowView Rating Details
9/15/2017Morgan StanleyLower Price TargetOverweight$164.00 -> $150.00LowView Rating Details
9/11/2017Hovde GroupUpgradeUnderperform -> Market Perform$132.00MediumView Rating Details
9/7/2017Jefferies Group LLCReiterated RatingBuy$169.00 -> $145.00MediumView Rating Details
7/20/2017Deutsche Bank AGLower Price TargetBuy$178.00 -> $162.00MediumView Rating Details
7/20/2017BMO Capital MarketsReiterated RatingHold$157.00MediumView Rating Details
7/19/2017Maxim GroupReiterated RatingBuy$175.00MediumView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingBuy$158.00LowView Rating Details
7/12/2017Barclays PLCReiterated RatingOverweight$175.00 -> $170.00MediumView Rating Details
4/22/2017Piper Jaffray CompaniesReiterated RatingNeutral$167.00 -> $157.00LowView Rating Details
4/22/2017FBR & CoReiterated RatingOutperform$180.00 -> $170.00LowView Rating Details
4/6/2017Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Outperform$167.00 -> $183.00LowView Rating Details
12/21/2016StephensInitiated CoverageOverweight$175.00N/AView Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
4/1/2016Merion Capital GroupInitiated CoverageOutperform$162.00N/AView Rating Details
3/28/2016Sandler O'NeillBoost Price TargetHold$136.00N/AView Rating Details
3/28/2016Credit Suisse GroupBoost Price TargetOutperform$113.00 -> $145.00N/AView Rating Details
2/4/2016GuggenheimLower Price Target$175.00 -> $170.00N/AView Rating Details
12/10/2015SunTrust Banks, Inc.Boost Price TargetBuy$168.00 -> $176.00N/AView Rating Details
9/30/2015Royal Bank Of CanadaInitiated CoverageOutperform$168.00N/AView Rating Details
(Data available from 9/23/2015 forward)

Earnings

Earnings History for Signature Bank (NASDAQ:SBNY)
Earnings by Quarter for Signature Bank (NASDAQ:SBNY)
Earnings History by Quarter for Signature Bank (NASDAQ SBNY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2017$2.30N/AView Earnings Details
7/19/2017Q2 2017$2.22$2.21$324.44 million$316.79 millionViewN/AView Earnings Details
4/19/2017Q1 2017$2.10$2.15$311.70 million$311.63 millionViewN/AView Earnings Details
1/19/2017Q416$2.09$2.11$308.26 million$306.89 millionViewListenView Earnings Details
10/20/2016Q316$2.04$2.11$301.53 million$301.54 millionViewListenView Earnings Details
7/20/2016Q216$1.97$1.90$295.60 million$294.79 millionViewListenView Earnings Details
4/20/2016Q116$1.95$1.97$282.31 million$286.77 millionViewListenView Earnings Details
1/21/2016Q415$1.93$2.01$268.49 million$277.68 millionViewListenView Earnings Details
10/20/2015Q315$1.82$1.88$256.64 million$257.82 millionViewListenView Earnings Details
7/21/2015Q215$1.69$1.77$241.82 million$246.06 millionViewListenView Earnings Details
4/21/2015Q115$1.59$1.64$227.62 million$232.65 millionViewListenView Earnings Details
1/22/2015Q414$1.56$1.60$222.19 million$223.08 millionViewN/AView Earnings Details
10/21/2014Q3 14$1.46$1.52$210.72 million$213.32 millionViewListenView Earnings Details
7/22/2014Q2$1.42$1.44$202.74 million$206.10 millionViewN/AView Earnings Details
4/22/2014Q114$1.35$1.37$189.50 million$215.77 millionViewN/AView Earnings Details
1/21/2014Q4 13$1.26$1.34$181.32 millionViewN/AView Earnings Details
10/22/2013Q313$1.18$1.25$171.60 millionViewN/AView Earnings Details
7/23/2013Q2 2013$1.08$1.12$161.80 millionViewN/AView Earnings Details
4/23/2013Q1 2013$1.04$1.06$156.66 millionViewN/AView Earnings Details
1/22/2013Q4 2012$1.02$1.05$154.07 millionViewN/AView Earnings Details
10/23/2012$0.95$1.00ViewN/AView Earnings Details
7/24/2012$0.88$0.96ViewN/AView Earnings Details
4/24/2012$0.86$0.90ViewN/AView Earnings Details
1/24/2012$0.84$0.85ViewN/AView Earnings Details
10/25/2011$0.80$0.83ViewN/AView Earnings Details
7/26/2011$0.78$0.87ViewN/AView Earnings Details
4/26/2011$0.72$0.82ViewN/AView Earnings Details
1/25/2011$0.63$0.72ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Signature Bank (NASDAQ:SBNY)
2017 EPS Consensus Estimate: $9.05
2018 EPS Consensus Estimate: $10.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20178$2.01$2.21$2.09
Q2 20179$2.15$2.30$2.22
Q3 20178$2.20$2.42$2.33
Q4 20178$2.20$2.54$2.41
Q1 20183$2.22$2.80$2.48
Q2 20184$2.25$2.86$2.52
Q3 20183$2.28$2.94$2.61
Q4 20184$2.25$3.04$2.70
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Signature Bank (NASDAQ:SBNY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Signature Bank (NASDAQ:SBNY)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
Source:
DateHeadline
finance.yahoo.com logoSignature Bank (New York, New York) :SBNY-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017
finance.yahoo.com - September 23 at 5:16 AM
americanbankingnews.com logoSignature Bank to Post FY2018 Earnings of $9.00 Per Share, Wedbush Forecasts (SBNY)
www.americanbankingnews.com - September 22 at 11:15 AM
americanbankingnews.com logoSignature Bank (SBNY) Expected to Earn Q3 2017 Earnings of $2.20 Per Share
www.americanbankingnews.com - September 21 at 7:52 AM
americanbankingnews.com logoSignature Bank (SBNY) Cut to Neutral at Wedbush
www.americanbankingnews.com - September 21 at 12:38 AM
americanbankingnews.com logoBank of America Corporation Cuts Signature Bank (SBNY) Price Target to $165.00
www.americanbankingnews.com - September 20 at 6:24 PM
americanbankingnews.com logoSignature Bank (SBNY) Short Interest Update
www.americanbankingnews.com - September 16 at 1:20 AM
americanbankingnews.com logoSignature Bank (SBNY) Price Target Lowered to $150.00 at Morgan Stanley
www.americanbankingnews.com - September 15 at 2:34 PM
bizjournals.com logoBanking Stock Performance Review -- Signature Bank, United Bankshares, BankUnited, and Citizens Financial
www.bizjournals.com - September 14 at 9:42 AM
americanbankingnews.com logoHovde Group Upgrades Signature Bank (SBNY) to Market Perform
www.americanbankingnews.com - September 11 at 8:10 AM
americanbankingnews.com logoSignature Bank to Post Q3 2017 Earnings of $2.24 Per Share, Jefferies Group Forecasts (SBNY)
www.americanbankingnews.com - September 11 at 1:20 AM
americanbankingnews.com logo Analysts Expect Signature Bank (SBNY) Will Post Quarterly Sales of $324.99 Million
www.americanbankingnews.com - September 10 at 9:12 AM
americanbankingnews.com logoZacks: Analysts Anticipate Signature Bank (SBNY) Will Post Earnings of $2.21 Per Share
www.americanbankingnews.com - September 8 at 4:22 AM
americanbankingnews.com logoSignature Bank's (SBNY) Buy Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - September 7 at 8:58 PM
americanbankingnews.com logoSignature Bank (SBNY) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 6 at 8:32 AM
finance.yahoo.com logoSignature Bank to Present at the Barclays Global Financial Services Conference 2017
finance.yahoo.com - September 6 at 8:00 AM
finance.yahoo.com logoSignature Bank to Present at the Barclays Global Financial Services Conference 2017
finance.yahoo.com - September 6 at 8:00 AM
americanbankingnews.com logoSignature Bank (SBNY) Cut to Hold at ValuEngine
www.americanbankingnews.com - September 2 at 3:44 PM
nasdaq.com logoSignature Bank Expands Private Client Banking Network with Appointment of Two Teams
www.nasdaq.com - August 23 at 11:16 AM
americanbankingnews.com logoSignature Bank (SBNY) Expected to Post Earnings of $2.21 Per Share
www.americanbankingnews.com - August 20 at 12:28 PM
americanbankingnews.com logoSignature Bank (SBNY) Downgraded to Strong Sell at BidaskClub
www.americanbankingnews.com - August 18 at 7:35 PM
americanbankingnews.com logoSignature Bank (SBNY) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - August 12 at 12:04 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Signature Bank.
finance.yahoo.com - August 10 at 7:41 AM
americanbankingnews.com logoSignature Bank (SBNY) Expected to Announce Quarterly Sales of $327.24 Million
www.americanbankingnews.com - August 4 at 7:58 AM
americanbankingnews.com logoSignature Bank (NASDAQ:SBNY) Expected to Post Earnings of $2.22 Per Share
www.americanbankingnews.com - August 2 at 8:14 AM
finance.yahoo.com logoETFs with exposure to Signature Bank (New York, New York) : July 24, 2017
finance.yahoo.com - July 25 at 6:29 AM
americanbankingnews.com logoBrokers Offer Predictions for Signature Bank's Q3 2017 Earnings (NASDAQ:SBNY)
www.americanbankingnews.com - July 24 at 7:24 AM
americanbankingnews.com logoSignature Bank (NASDAQ:SBNY) Lowered to C+ at TheStreet
www.americanbankingnews.com - July 23 at 9:26 PM
americanbankingnews.com logoSignature Bank (NASDAQ:SBNY) PT Lowered to $162.00 at Deutsche Bank AG
www.americanbankingnews.com - July 20 at 9:02 PM
americanbankingnews.com logoSignature Bank (SBNY) Given Hold Rating at BMO Capital Markets
www.americanbankingnews.com - July 20 at 2:35 PM
americanbankingnews.com logoSignature Bank (SBNY) to Post Q3 2017 Earnings of $2.24 Per Share, Wedbush Forecasts
www.americanbankingnews.com - July 20 at 8:43 AM
finance.yahoo.com logoEdited Transcript of SBNY earnings conference call or presentation 19-Jul-17 2:00pm GMT
finance.yahoo.com - July 20 at 7:31 AM
americanbankingnews.com logoSignature Bank's (NASDAQ:SBNY) "Buy" Rating Reiterated at Maxim Group
www.americanbankingnews.com - July 19 at 4:30 PM
americanbankingnews.com logoSignature Bank (NASDAQ:SBNY) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - July 19 at 10:55 AM
seekingalpha.com logoSignature Bank EPS in-line, misses on revenue
seekingalpha.com - July 19 at 7:36 AM
cnbc.com logoSignature Bank misses Street 2Q forecasts
www.cnbc.com - July 19 at 7:36 AM
finance.yahoo.com logoSignature Bank Reports 2017 Second Quarter Results
finance.yahoo.com - July 19 at 7:36 AM
americanbankingnews.com logoSignature Bank (SBNY) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 18 at 12:45 PM
americanbankingnews.com logoSignature Bank (SBNY) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 17 at 8:10 AM
americanbankingnews.com logoSignature Bank's (NASDAQ:SBNY) "Buy" Rating Reaffirmed at Keefe, Bruyette & Woods
www.americanbankingnews.com - July 15 at 1:40 PM
finance.yahoo.com logoETFs with exposure to Signature Bank (New York, New York) : July 13, 2017
finance.yahoo.com - July 14 at 8:10 AM
finance.yahoo.com logoSignature Bank to Host 2017 Second Quarter Results Conference Call
finance.yahoo.com - July 14 at 8:10 AM
americanbankingnews.com logoBidaskClub Downgrades Signature Bank (NASDAQ:SBNY) to Sell
www.americanbankingnews.com - July 14 at 12:01 AM
americanbankingnews.com logo$324.44 Million in Sales Expected for Signature Bank (SBNY) This Quarter
www.americanbankingnews.com - July 13 at 1:20 PM
americanbankingnews.com logoJefferies Group Research Analysts Lower Earnings Estimates for Signature Bank (NASDAQ:SBNY)
www.americanbankingnews.com - July 13 at 10:42 AM
americanbankingnews.com logoSignature Bank's (NASDAQ:SBNY) Overweight Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - July 12 at 9:26 AM
americanbankingnews.com logo Brokerages Expect Signature Bank (NASDAQ:SBNY) to Announce $2.23 EPS
www.americanbankingnews.com - July 11 at 9:40 AM
finance.yahoo.com logoSignature Bank (New York, New York) – Value Analysis (NASDAQ:SBNY) : July 10, 2017
finance.yahoo.com - July 11 at 7:26 AM
finance.yahoo.com logoSignature Bank (New York, New York) breached its 50 day moving average in a Bearish Manner : SBNY-US : July 7, 2017
finance.yahoo.com - July 7 at 9:59 AM
americanbankingnews.com logoSignature Bank (NASDAQ:SBNY) Rating Reiterated by Morgan Stanley
www.americanbankingnews.com - July 7 at 7:42 AM
americanbankingnews.com logoSignature Bank (SBNY) Earns Buy Rating from Jefferies Group LLC
www.americanbankingnews.com - July 2 at 3:08 PM

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Chart

Signature Bank (SBNY) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff