Signature Bank (SBNY)
| Market Cap | 19.95M -41.8% |
| Revenue (ttm) | 2.62B +34.1% |
| Net Income | 1.30B +45.6% |
| EPS | 20.76 +38.1% |
| Shares Out | 62.35M |
| PE Ratio | 0.02 |
| Forward PE | n/a |
| Dividend | 2.80 (875.00%) |
| Ex-Dividend Date | n/a |
| Volume | 1,366 |
| Open | 0.3200 |
| Previous Close | 0.3200 |
| Day's Range | 0.1700 - 0.3200 |
| 52-Week Range | 0.0003 - 1.5000 |
| Beta | 11.82 |
| Analysts | Hold |
| Price Target | 136.00 (+42,400.0%) |
| Earnings Date | n/a |
About Signature Bank
As of March 12, 2023, Signature Bank went out of business. Previously, the company provided digital assets banking services and comprised of certain loan portfolios. The company was incorporated in 2000 and is based in New York, New York. Signature Bank now trades on OTCPK. [Read more]
Analyst Summary
According to 5 analysts, the average rating for SBNY stock is "Hold." The 12-month stock price target is $136, which is an increase of 42,400.00% from the latest price.
News
US appeals court revives Signature Bank collapse lawsuit despite FDIC objection
A U.S. appeals court on Wednesday revived an investor lawsuit over the 2023 collapse of Signature Bank, saying the Federal Deposit Insurance Corp (FDIC) seizure of the lender did not take away shareh...
Esquire Financial, Signature Bank merger receives all regulatory approvals
Esquire Financial (ESQ) and Signature Bancorporation, the parent company of Signature Bank (SBNY), announced the receipt of all required regulatory approvals and waivers necessary to complete the prop...
Former Signature Bank executives launch blockchain-based bank
Former Signature Bank executives are launching a new blockchain-based bank focused on facilitating instant, around-the-clock U.S. dollar payments, nearly three years after the collapse of the New York...
CSI Customer Signature Bank of Arkansas Opens New Banco Sí Branch, Flagship Location Celebrates Two-Year Anniversary
PADUCAH, Ky. & SPRINGDALE, Ark.--(BUSINESS WIRE)--Signature Bank of Arkansas, a community bank headquartered in Northwest Arkansas, recently opened its second Banco Sí location in Springdale. The new ...
NYCB acquired Signature Bank assets with total fair value of $37.8 billion
New York Community Bancorp said on Thursday it acquired the assets of the failed Signature Bank with an estimated total fair value of $37.8 billion.
Morgan Stanley to buy $700 mln property loans tied to Signature Bank, Bloomberg reports
Morgan Stanley has struck a deal with an investor group to buy $700 million of property loans tied to the failed Signature Bank, Bloomberg News reported on Wednesday, citing people familiar with the m...
Diameter Capital's Goodwin sees value in failed Signature Bank's bonds, stock
Scott Goodwin, co-founder of credit asset management firm Diameter Capital, said he sees value in investing in bonds and stocks of failed Signature Bank.
Signature Bank's Collapse One Year Ago Today
On this day one year ago was the collapse of Signature Bank.
Signature Bank discounting CRE loans is mind-boggling, says NY Real Estate Capital's George Klett
George Klett, president of the New York Real Estate Capital Corp, joins 'The Exchange' to discuss the sale of Signature Bank CRE loans, the outlook for commercial real estate, and more.
Blackstone frontrunner in Signature Bank commercial-property loan sale- Bloomberg News
Blackstone is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's sale of Signature Bank debt, Bloomberg News reported on Sunday.
Rent-stabilized housing in focus as bids for $33 billion Signature Bank portfolio comes due
Bids are coming due on the biggest commercial-real estate transaction of its kind, at a crucial moment for property markets.
FDIC Inspector General's Signature Bank report flags missed opportunities by regulators ahead of bank failure
The Federal Deposit Insurance Corp. Inspector General's review of the FDIC's actions around the collapse of Signature Bank concluded in a report on Tuesday that the FDIC missed opportunities to downgr...
PNC earnings to be boosted buying capital commitment portfolio from ex-Signature Bank
PNC Financial Services Group Inc. PNC, -2.24% said Tuesday it's purchasing a $16.6 billion portfolio of Signature Bridge Bank NA commitment facilities from the Federal Insurance Deposit Corp. for an u...
FDIC launches sale of $18.5 bln of Signature Bank loans - Bloomberg News
The U.S. Federal Deposit Insurance Corporation (FDIC) set in motion the sale of an $18.5 billion loan portfolio from Signature Bank this week, a set of loans linked to major private equity and investi...
New York Community Bancorp profit up 148% with boost from Signature Bank acquisition, as stock rises
New York Community Bancorp Inc. NYCB, +2.31% stock was up 5.9% in premarket trades on Thursday after the lender's profit rose by 150% and beat analyst estimates with the addition of its acquisition of...
A Tale of 2 Banking Crises
In this analysis, I explore the key differences between the 2008 and the 2023 banking crisis, examining their causes, impacts and responses. While the 2008 crisis was a global meltdown that required m...
Senators aim to claw back pay from failed banks' CEOs, but deal with competing bills
There could be further progress Wednesday in the bipartisan push to take back pay from executives at failed banks, as the Senate Banking Committee is slated to consider a bill that would permit regula...
Customer Bancorp buys a Signature Bank loan portfolio from the FDIC
Customers Bancorp CUBI, +6.36% stock is up 0.5% in premarket trades Friday after the firm said it acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book valu...
Sen. Elizabeth Warren's (D-MA) biggest takeaways from SVB, Signature Bank executives' testimonies
Yahoo Finance's Jennifer Schonberger breaks down Senator Elizabeth Warren's (D-MA) sentiments regarding the testimonies of Silicon Valley Bank and Signature Bank executives and her calls for further i...
SVB and Signature Bank executives should be exposed for mismanagement: Sen. Reed (D-RI)
Senator Jack Reed (D-RI) discusses the ongoing banking crisis in wake of the collapses of SVB and Signature Bank and breaks down the potential for legislative action to be taken against mismanagement ...
SVB and Signature bank executives testify before Senate on recent bank failures
American Banker Washington Bureau Chief John Heltman joins Yahoo Finance Live to discuss the ongoing testimony of SVB and Signature Bank executives at the U.S. Senate hearings.
Former SVB, Signature Bank Leaders to Face Senate Panel
The Banking Committee Chairman said the banks ignored warnings from federal and state officials in the face of glaring risks from customer and industry concentration.
Why America needs regional banks
To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed "too big to fail." Their ATMs and branches are ubiquitous, thei...
SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that ...
Former top execs of SVB and Signature Bank will testify at Senate hearing this month
The hearing will mark the first time the ex-SVB and Signature officials speak in public about the bank failures that regulators feared could set off a crisis.