Signature Bank (SBNY)

NASDAQ: SBNY · IEX Real-Time Price · USD
151.91
+0.91 (0.60%)
Sep 27, 2022 10:15 AM EDT - Market open
0.60%
Market Cap 9.55B
Revenue (ttm) 2.38B
Net Income (ttm) 1.19B
Shares Out 62.93M
EPS (ttm) 18.77
PE Ratio 8.08
Forward PE 6.45
Dividend $2.24 (1.48%)
Ex-Dividend Date Jul 28, 2022
Volume 96,850
Open 153.00
Previous Close 151.00
Day's Range 151.40 - 154.36
52-Week Range 150.85 - 374.76
Beta 1.72
Analysts Buy
Price Target 268.92 (+77.3%)
Earnings Date Oct 17, 2022

About SBNY

Signature Bank provides commercial banking products and services. It accepts various deposit products, including checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, certificates of deposit, and other cash management products. The company provides various lending products comprising commercial and industrial loans, real estate loans, and letters of credit. In addition, it offers asset management and investment products; and retirement products, such as individual retirement accounts and administrative ... [Read more...]

Industry Banks
IPO Date Mar 23, 2004
CEO Joseph DePaolo
Employees 1,854
Stock Exchange NASDAQ
Ticker Symbol SBNY
Full Company Profile

Analyst Forecast

According to 24 analysts, the average rating for SBNY stock is "Buy." The 12-month stock price forecast is 268.92, which is an increase of 77.28% from the latest price.

Price Target
$268.92
(77.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The 7 Best Financial Stocks to Buy Now

It's undoubtedly one of the toughest times for the stock market in years. The rising interest rates have been a thorn for equity investors.

Other symbols: CINFITUBMSBIOFSRJFTRIN
3 hours ago - InvestorPlace

Signature Bank Named #1 in Private Bank and Business Escrow Services Categories of New York Law Journal's 13th Annual...

NEW YORK--(BUSINESS WIRE)--SIGNATURE BANK NAMED #1 IN PRIVATE BANK AND BUSINESS ESCROW SERVICES CATEGORIES OF NEW YORK LAW JOURNAL'S 13th ANNUAL “BEST OF” SURVEY

1 week ago - Business Wire

Signature Bank's (SBNY) Loans Increase, Deposits Decline

Signature Bank's (SBNY) deposit balances decline $1.64 billion from the start of the quarter through Sep 2. Loans increase $2.39 billion over the same period.

2 weeks ago - Zacks Investment Research

Wedbush cuts Signature Bank target price but says deposit growth excluding crypto is encouraging

Wedbush analyst David J. Chiaverini on Wednesday reiterated an outperform rating on Signature Bank SBNY, -1.70% and cut his price target to $225 a share from $240 a share.

2 weeks ago - Market Watch

Signature Bank Announces Support of Task Force on Climate-Related Financial Disclosures (TCFD)

NEW YORK--(BUSINESS WIRE)--SIGNATURE BANK ANNOUNCES SUPPORT OF TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES (TCFD)

2 weeks ago - Business Wire

Signature Bank Issues Mid-Quarter Financial Update for Its Fiscal Year 2022 Third Quarter

NEW YORK--(BUSINESS WIRE)--SIGNATURE BANK ISSUES MID-QUARTER FINANCIAL UPDATE FOR ITS FISCAL YEAR 2022 THIRD QUARTER

2 weeks ago - Business Wire

The 8 Most Profitable U.S. Companies Practically Print Money

Imagine companies three times as profitable as the S&P 500 — putting them in a good position to handle whatever comes next. The post The 8 Most Profitable U.S. Companies Practically Print Money appeared...

Other symbols: DFSFANGICEMAMRNAVVRSN
4 weeks ago - Investors Business Daily

Why Is Signature Bank (SBNY) Up 7.5% Since Last Earnings Report?

Signature Bank (SBNY) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

10 Growth Stocks Analysts Say You'll Be Glad You Bought

Keeping a list of S&P 500 growth stocks you'd like to own is a good idea. And it might pay off sooner than you think.

1 month ago - Investors Business Daily

Down 46% This Year -- Is This Crypto Play a Buy or a Value Trap?

Signature Bank is not your typical bank.

2 months ago - The Motley Fool

Angel Oak Capital's Cheryl Pate makes her bullish case for regional banks

Cheryl Pate, Angel Oak Capital Advisors portfolio manager, joins 'The Exchange' to discuss her bullish case for banks.

Other symbols: PNFPSSB
2 months ago - CNBC Television

Signature Bank (SBNY) Q2 Earnings and Revenues Beat Estimates

Signature Bank (SBNY) second-quarter earnings increase year over year. The rise in revenues was driven by NII and fee income growth.

2 months ago - Zacks Investment Research

Why Shares of Signature Bank Are Falling Today

The bank reported earnings results for the second quarter of the year.

2 months ago - The Motley Fool

Signature Bank (SBNY) Beats Q2 Earnings and Revenue Estimates

Signature Bank (SBNY) delivered earnings and revenue surprises of 3.95% and 1.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Signature Bank Reports 2022 Second Quarter Results

NEW YORK--(BUSINESS WIRE)--SIGNATURE BANK REPORTS 2022 SECOND QUARTER RESULTS

2 months ago - Business Wire

Signature Bank Releases 2021 Social Impact Report With a Focus on “Looking Forward. Giving Back.

NEW YORK--(BUSINESS WIRE)--Signature Bank Releases 2021 Social Impact Report With a Focus on “Looking Forward. Giving Back.”

2 months ago - Business Wire

Signature Bank (SBNY) to Report Q2 Results: Wall Street Expects Earnings Growth

Signature Bank (SBNY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Signature Bank to Host 2022 Second Quarter Results Conference Call

NEW YORK--(BUSINESS WIRE)--SIGNATURE BANK TO HOST 2022 SECOND QUARTER RESULTS CONFERENCE CALL

2 months ago - Business Wire

Can Signature Bank (SBNY) Keep the Earnings Surprise Streak Alive?

Signature Bank (SBNY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

3 Best Bank Stocks to Buy Now

Eighteen banks are in the S&P 500. All but one is down through the first half of 2022.

Other symbols: BACSIVB
2 months ago - InvestorPlace

Raymond James reiterates strong buy on Signature Bank and says its cryptocurrency exposure is 'overblown'

Raymond James analyst David J. Long on Monday reiterated a strong buy rating on Signature Bank SBNY, +4.92% after the shares have fallen steeply in recent weeks on jitters tied to crypto currencies.

3 months ago - Market Watch

Why Shares Of Signature Bank Are Approaching 52-Week Lows

Signature Bank (NASDAQ: SBNY) shares are trading lower Monday alongside several companies in the broader banks and financial services sector amid overall weakness as stocks continue to sell off followin...

3 months ago - Benzinga

Signature Bank stock sinks to lead S&P 500 losers as financial sector, bitcoin drop

Shares of Signature Bank SBNY, -13.07% sank 12.8% in afternoon trading Monday, enough to pace the S&P 500's SPX, -3.23% decliners, as the New York-based bank was hurting from a broad selloff in the fina...

3 months ago - Market Watch

Signature Bank Appoints Five Private Client Banking Teams and Names Group Director to Existing Team Throughout the Me...

NEW YORK--(BUSINESS WIRE)--SIGNATURE BANK APPOINTS FIVE PRIVATE CLIENT BANKING TEAMS AND NAMES GROUP DIRECTOR TO EXISTING TEAM THROUGHOUT THE METROPOLITAN NEW YORK MARKETPLACE

3 months ago - Business Wire

Signature Bank Appoints Corporate Mortgage Finance Group

NEW YORK--(BUSINESS WIRE)--Signature Bank Appoints Corporate Mortgage Finance Group

3 months ago - Business Wire