Signature Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Interest Income on Loans	2,812	1,897	1,666	1,584	1,400
Interest Income on Investments	738.41	293.44	266.08	327.43	308.62
Total Interest Income	3,550	2,190	1,932	1,912	1,709
Interest Paid on Deposits	913.56	210.64	297.35	440.73	289.25
Interest Paid on Borrowings	101.44	99.21	115.21	159.35	120.69
Total Interest Expense	1,015	309.86	412.55	600.08	409.93
Net Interest Income	2,535	1,881	1,519	1,312	1,299
Net Interest Income Growth (YoY)	34.82%	23.79%	15.82%	0.97%	4.96%
Gain (Loss) on Sale of Investments	-0.9	-	3.61	1.03	0.97
Other Non-Interest Income	150.66	101.72	58.99	49.85	42.84
Total Non-Interest Income	161.04	120.89	75.25	61.72	50.56
Non-Interest Income Growth (YoY)	33.21%	60.66%	21.93%	22.07%	40.27%
Revenues Before Loan Losses	2,696	2,001	1,594	1,373	1,350
Provision for Loan Losses	78.77	50.04	248.09	22.64	162.52
Revenue	2,618	1,951	1,346	1,351	1,187
Revenue Growth (YoY)	34.14%	44.95%	-0.33%	13.79%	17.49%
Salaries and Employee Benefits	468.64	409.3	334.13	279.7	249.53
Occupancy Expenses	11.87	10.78	44.37	42.83	34.31
Federal Deposit Insurance	30.34	24.54	13.74	12.43	25.26
Selling, General & Administrative	351.34	258.98	221.81	194.31	177.18
Total Non-Interest Expense	862.2	703.6	614.05	529.27	486.28
EBT Excluding Unusual Items	1,755	1,248	732.19	821.4	700.74
Pretax Income	1,755	1,248	732.19	821.4	700.74
Income Tax Expense	418.36	329.33	203.83	234.92	194.31
Net Income	1,337	918.44	528.36	586.49	506.43
Preferred Dividends & Other Adjustments	37.4	38.96	1.73	1.91	0.91
Net Income to Common	1,300	879.48	526.63	584.57	505.52
Net Income Growth	45.58%	73.83%	-9.91%	15.81%	30.79%
Basic Shares Outstanding	62	58	53	54	54
Diluted Shares Outstanding	63	59	53	54	55
Shares Change (YoY)	7.00%	10.60%	-2.06%	-1.20%	0.46%
EPS (Basic)	20.88	15.20	10.00	10.87	9.29
EPS (Diluted)	20.76	15.03	9.96	10.82	9.25
EPS Growth	38.12%	50.90%	-7.95%	16.97%	29.92%
Dividend Per Share	2.380	2.240	2.240	2.240	1.120
Dividend Growth	6.25%	-	-	100.00%	-
Effective Tax Rate	23.83%	26.39%	27.84%	28.60%	27.73%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.