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

Signature Bank trades on the NASDAQ under the ticker symbol "SBNY."

Signature Bank (NASDAQ:SBNY) posted its quarterly earnings results on Thursday, April, 19th. The bank reported $2.69 EPS for the quarter, beating the consensus estimate of $2.67 by $0.02. The bank had revenue of $325.35 million for the quarter, compared to analysts' expectations of $328.88 million. Signature Bank had a net margin of 18.57% and a return on equity of 13.29%. During the same period in the previous year, the company posted $2.48 EPS. View Signature Bank's Earnings History.

Signature Bank is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Signature Bank.

16 equities research analysts have issued 1-year price targets for Signature Bank's shares. Their forecasts range from $116.68 to $200.00. On average, they anticipate Signature Bank's share price to reach $156.2453 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Ratings for Signature Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Signature Bank include M&T Bank (MTB), Northern Trust (NTRS), Deutsche Bank (DB), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB) and Associated Banc (ASB).

Press coverage about SBNY stock has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of 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 one, with scores nearest to one being the most favorable. Signature Bank earned a daily sentiment score of 0.19 on Accern's scale. They also gave news headlines about the bank an impact score of 46.22 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Signature Bank's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (4.53%), Handelsbanken Fonder AB (0.59%), Peregrine Capital Management LLC (0.13%), Bank of Montreal Can (0.07%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%) and Tandem Investment Advisors Inc. (0.02%). View Institutional Ownership Trends for Signature Bank.

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

SBNY stock was bought by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Tandem Investment Advisors Inc., State of Alaska Department of Revenue and Xact Kapitalforvaltning AB. View Insider Buying and Selling for 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.

One share of SBNY stock can currently be purchased for approximately $123.85.

Signature Bank has a market capitalization of $6.79 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.

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]