About Signature Bank (NASDAQ:SBNY)
Signature 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: $7.26 billion
- Outstanding Shares: 54,097,000
Average Prices:- 50 Day Moving Avg: $124.56
- 200 Day Moving Avg: $135.44
- 52 Week Range: $114.29 - $164.23
P/E:- Trailing P/E Ratio: 21.49
- Foreward P/E Ratio: 13.89
- P/E Growth: 1.51
Sales & Book Value:- Annual Revenue: $926.93 million
- Price / Sales: 7.83
- Book Value: $70.19 per share
- Price / Book: 1.91
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: 518,677 shs.
- Beta: 0.96
- 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) issued its quarterly earnings data on Thursday, October, 19th. The company reported $2.29 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $0.10. The business earned $316.94 million during the quarter, compared to the consensus estimate of $322.22 million. Signature Bank had a net margin of 23.62% and a return on equity of 12.61%. During the same quarter in the prior year, the firm posted $2.11 earnings per share. View Signature Bank's Earnings History.
When will Signature Bank make its next earnings announcement?
Where is Signature Bank's stock going? Where will Signature Bank's stock price be in 2017?
15 brokers have issued 12-month price targets for Signature Bank's shares. Their forecasts range from $126.00 to $183.00. On average, they anticipate Signature Bank's stock price to reach $154.13 in the next year. View Analyst Ratings for Signature Bank.
Who are some of Signature Bank's key competitors?
Some companies that are related to Signature Bank include Banco Santander-Chile (BSAC), Comerica Incorporated (CMA), BanColombia S.A. (CIB), Grupo Aval Acciones y Valores S.A. (AVAL), SVB Financial Group (SIVB), Grupo Supervielle SA -ADR (SUPV), East West Bancorp (EWBC), Macro Bank (BMA), Grupo Financiero Galicia S.A. (GGAL), CIT Group (CIT), Cullen/Frost Bankers (CFR), New York Community Bancorp (NYCB), Bank of the Ozarks (OZRK), Commerce Bancshares (CBSH), PacWest Bancorp (PACW), Synovus Financial Corp. (SNV), Webster Financial Corporation (WBS) and City National Corp (CYN).
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 retail and institutional investors. Top institutional shareholders include Hermes Investment Management Ltd. (0.40%), Assenagon Asset Management S.A. (0.18%), Mutual of America Capital Management LLC (0.08%), Tandem Investment Advisors Inc. (0.02%), Quantitative Systematic Strategies LLC (0.01%) and Rockefeller Financial Services Inc. (0.00%). 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 Hermes Investment Management Ltd., Quantitative Systematic Strategies LLC and Tandem Investment Advisors Inc.. 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 Assenagon Asset Management S.A., Rockefeller Financial Services Inc. and Mutual of America Capital Management LLC. 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 $134.13.
MarketBeat Community Rating for Signature Bank (NASDAQ SBNY)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.
Consensus Ratings for Signature Bank (NASDAQ:SBNY) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 12 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.80) |
| Consensus Price Target: | $154.13 (14.91% upside) |
Consensus Price Target History for Signature Bank (NASDAQ:SBNY)
Analysts' Ratings History for Signature Bank (NASDAQ:SBNY)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/20/2017 | Barclays PLC | Set Price Target | Buy | $145.00 -> $140.00 | N/A |  |
| 10/20/2017 | BMO Capital Markets | Upgrade | Market Perform -> Outperform | | N/A | |
| 10/13/2017 | Piper Jaffray Companies | Reiterated Rating | Neutral -> Neutral | $140.00 | N/A | |
| 10/3/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Buy | $142.00 | High | |
| 10/2/2017 | FIG Partners | Reiterated Rating | Outperform | $150.00 | Low | |
| 9/20/2017 | Bank of America Corporation | Reiterated Rating | Buy | $175.00 -> $165.00 | Low | |
| 9/20/2017 | Wedbush | Downgrade | Outperform -> Neutral | $157.00 -> $126.00 | Low | |
| 9/15/2017 | Morgan Stanley | Lower Price Target | Overweight | $164.00 -> $150.00 | Low | |
| 9/11/2017 | Hovde Group | Upgrade | Underperform -> Market Perform | $132.00 | Medium | |
| 9/7/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $169.00 -> $145.00 | Medium | |
| 7/20/2017 | Deutsche Bank AG | Lower Price Target | Buy | $178.00 -> $162.00 | Medium | |
| 7/19/2017 | Maxim Group | Reiterated Rating | Buy | $175.00 | Medium | |
| 4/22/2017 | FBR & Co | Reiterated Rating | Outperform | $180.00 -> $170.00 | Low | |
| 4/6/2017 | Raymond James Financial, Inc. | Reiterated Rating | Strong-Buy -> Outperform | $167.00 -> $183.00 | Low | |
| 12/21/2016 | Stephens | Initiated Coverage | Overweight | $175.00 | N/A | |
| 7/9/2016 | J P Morgan Chase & Co | Reiterated Rating | Buy | | N/A | |
| 4/1/2016 | Merion Capital Group | Initiated Coverage | Outperform | $162.00 | N/A | |
| 3/28/2016 | Sandler O'Neill | Boost Price Target | Hold | $136.00 | N/A | |
| 3/28/2016 | Credit Suisse Group | Boost Price Target | Outperform | $113.00 -> $145.00 | N/A | |
| 2/4/2016 | Guggenheim | Lower Price Target | | $175.00 -> $170.00 | N/A | |
| 12/10/2015 | SunTrust Banks, Inc. | Boost Price Target | Buy | $168.00 -> $176.00 | N/A | |
(Data available from 10/20/2015 forward)
Earnings History for Signature Bank (NASDAQ:SBNY)Earnings History by Quarter for Signature Bank (NASDAQ SBNY)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 1/17/2018 | | $2.25 | | | | | N/A | |
| 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 | | View | N/A | |
| 10/22/2013 | Q313 | $1.18 | $1.25 | $171.60 million | | View | N/A | |
| 7/23/2013 | Q2 2013 | $1.08 | $1.12 | $161.80 million | | View | N/A | |
| 4/23/2013 | Q1 2013 | $1.04 | $1.06 | $156.66 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Signature Bank (NASDAQ:SBNY)2017 EPS Consensus Estimate: $8.99
2018 EPS Consensus Estimate: $9.94
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 8 | $2.01 | $2.21 | $2.09 |
| Q2 2017 | 9 | $2.15 | $2.30 | $2.22 |
| Q3 2017 | 8 | $2.16 | $2.42 | $2.30 |
| Q4 2017 | 8 | $2.18 | $2.54 | $2.38 |
| Q1 2018 | 5 | $2.20 | $2.80 | $2.37 |
| Q2 2018 | 5 | $2.25 | $2.86 | $2.45 |
| Q3 2018 | 5 | $2.28 | $2.94 | $2.53 |
| Q4 2018 | 5 | $2.25 | $3.04 | $2.59 |
| Q1 2019 | 1 | $2.46 | $2.46 | $2.46 |
| Q2 2019 | 1 | $2.58 | $2.58 | $2.58 |
| Q3 2019 | 1 | $2.76 | $2.76 | $2.76 |
(Data provided by Zacks Investment Research)
Dividend History for Signature Bank (NASDAQ:SBNY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Signature Bank (NASDAQ:SBNY)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Signature Bank (NASDAQ:SBNY)
Latest Headlines for Signature Bank (NASDAQ:SBNY)
| Source: |
|
| Date | Headline |
|---|
 | Signature Bank (SBNY) PT Set at $140.00 by Barclays PLC
www.americanbankingnews.com - October 20 at 8:22 PM |
 | Signature Bank (New York, New York) breached its 50 day moving average in a Bullish Manner : SBNY-US : October 20, 2017
finance.yahoo.com - October 20 at 4:57 PM |
 | Signature Bank's (SBNY) CEO Joseph DePaolo on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - October 20 at 7:54 AM |
| Edited Transcript of SBNY earnings conference call or presentation 19-Oct-17 2:00pm GMT
finance.yahoo.com - October 20 at 7:54 AM |
| Signature Bank (SBNY) Issues Earnings Results, Beats Expectations By $0.11 EPS
www.americanbankingnews.com - October 19 at 10:42 AM |
| Signature Bank beats by $0.10, misses on revenue
seekingalpha.com - October 19 at 8:29 AM |
 | Signature Bank (SBNY) Tops Q3 EPS by 10c, Beats on Revenues
www.streetinsider.com - October 19 at 8:29 AM |
| Signature Bank Names Private Client Banking Team in Midtown Manhattan
finance.yahoo.com - October 19 at 8:29 AM |
| Signature Bank Reports 2017 Third Quarter Results
finance.yahoo.com - October 19 at 8:29 AM |
| Investor Network: Signature Bank to Host Earnings Call
finance.yahoo.com - October 19 at 8:29 AM |
| Signature Bank beats 3Q profit forecasts
finance.yahoo.com - October 19 at 8:29 AM |
| ETFs with exposure to Signature Bank (New York, New York) : October 17, 2017
finance.yahoo.com - October 17 at 3:37 PM |
| Signature Bank to Host 2017 Third Quarter Results Conference Call
finance.yahoo.com - October 17 at 7:03 AM |
| Zacks: Brokerages Anticipate Signature Bank (SBNY) Will Post Quarterly Sales of $322.22 Million
www.americanbankingnews.com - October 17 at 4:50 AM |
| Zacks: Analysts Expect Signature Bank (SBNY) to Post $2.19 Earnings Per Share
www.americanbankingnews.com - October 15 at 12:20 PM |
| Signature Bank (SBNY) Rating Reiterated by Piper Jaffray Companies
www.americanbankingnews.com - October 13 at 8:52 PM |
| Bank Stocks: Do You Own Them After This Snap Back?
seekingalpha.com - October 12 at 8:55 PM |
| FY2017 EPS Estimates for Signature Bank (SBNY) Cut by Analyst
www.americanbankingnews.com - October 12 at 8:52 AM |
| Barclays PLC Trims Signature Bank (SBNY) Target Price to $145.00
www.americanbankingnews.com - October 11 at 2:08 PM |
| Research Analysts Set Expectations for Signature Bank's Q3 2017 Earnings (SBNY)
www.americanbankingnews.com - October 11 at 6:10 AM |
| Signature Bank (SBNY) to Release Earnings on Wednesday
www.americanbankingnews.com - October 11 at 1:56 AM |
| Jefferies Group Equities Analysts Lower Earnings Estimates for Signature Bank (SBNY)
www.americanbankingnews.com - October 10 at 12:08 PM |
| ETFs with exposure to Signature Bank (New York, New York) : October 5, 2017
finance.yahoo.com - October 6 at 8:44 AM |
| Signature Bank (SBNY) to Post Q3 2017 Earnings of $2.16 Per Share, Keefe, Bruyette & Woods Forecasts
www.americanbankingnews.com - October 4 at 7:46 AM |
| Signature Bank (SBNY) Given "Buy" Rating at Keefe, Bruyette & Woods
www.americanbankingnews.com - October 3 at 10:32 PM |
 | White House Tax Reform Plan May Be Huge for These Top Banks
247wallst.com - October 3 at 12:08 PM |
| Signature Bank (New York, New York) breached its 50 day moving average in a Bullish Manner : SBNY-US : October 3, 2017
finance.yahoo.com - October 3 at 12:08 PM |
| Signature Bank (SBNY) Stock Rating Reaffirmed by FIG Partners
www.americanbankingnews.com - October 2 at 1:56 PM |
| Signature Bank (SBNY) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - October 1 at 8:50 AM |
| FIG Partners Starts Signature Bank (SBNY) at Outperform - StreetInsider.com
www.streetinsider.com - September 30 at 6:36 PM |
| Signature Bank (SBNY) Expected to Post Quarterly Sales of $325.34 Million
www.americanbankingnews.com - September 28 at 3:14 AM |
| Brokerages Expect Signature Bank (SBNY) Will Announce Earnings of $2.21 Per Share
www.americanbankingnews.com - September 26 at 10:10 PM |
| ETFs with exposure to Signature Bank (New York, New York) : September 25, 2017
finance.yahoo.com - September 26 at 11:35 AM |
| Signature Bank Ranks Among Top Three in Multiple Categories of New York Law Journal’s Eighth Annual Reader Survey
finance.yahoo.com - September 26 at 11:35 AM |
| Signature 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 |
| Signature Bank to Post FY2018 Earnings of $9.00 Per Share, Wedbush Forecasts (SBNY)
www.americanbankingnews.com - September 22 at 11:15 AM |
| Signature Bank (SBNY) Expected to Earn Q3 2017 Earnings of $2.20 Per Share
www.americanbankingnews.com - September 21 at 7:52 AM |
| Signature Bank (SBNY) Cut to Neutral at Wedbush
www.americanbankingnews.com - September 21 at 12:38 AM |
| Bank of America Corporation Cuts Signature Bank (SBNY) Price Target to $165.00
www.americanbankingnews.com - September 20 at 6:24 PM |
| Signature Bank (SBNY) Short Interest Update
www.americanbankingnews.com - September 16 at 1:20 AM |
| Signature Bank (SBNY) Price Target Lowered to $150.00 at Morgan Stanley
www.americanbankingnews.com - September 15 at 2:34 PM |
 | Banking Stock Performance Review -- Signature Bank, United Bankshares, BankUnited, and Citizens Financial
www.bizjournals.com - September 14 at 9:42 AM |
| Hovde Group Upgrades Signature Bank (SBNY) to Market Perform
www.americanbankingnews.com - September 11 at 8:10 AM |
| Signature Bank to Post Q3 2017 Earnings of $2.24 Per Share, Jefferies Group Forecasts (SBNY)
www.americanbankingnews.com - September 11 at 1:20 AM |
| Analysts Expect Signature Bank (SBNY) Will Post Quarterly Sales of $324.99 Million
www.americanbankingnews.com - September 10 at 9:12 AM |
| Signature Bank's (SBNY) Buy Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - September 7 at 8:58 PM |
| Signature Bank (SBNY) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 6 at 8:32 AM |
| Signature Bank to Present at the Barclays Global Financial Services Conference 2017
finance.yahoo.com - September 6 at 8:00 AM |
| Signature Bank to Present at the Barclays Global Financial Services Conference 2017
finance.yahoo.com - September 6 at 8:00 AM |
 | Signature Bank Expands Private Client Banking Network with Appointment of Two Teams
www.nasdaq.com - August 23 at 11:16 AM |
Signature Bank (SBNY) Chart for Friday, October, 20, 2017
