Signature Bank (SBNY)
|Net Income (ttm)||1.34B|
|Ex-Dividend Date||Jan 26, 2023|
|Day's Range||61.37 - 90.67|
|52-Week Range||61.37 - 319.93|
|Price Target||237.19 (+121.49%)|
|Earnings Date||Apr 18, 2023|
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]
In 2022, Signature Bank's revenue was $2.70 billion, an increase of 34.72% compared to the previous year's $2.00 billion. Earnings were $1.34 billion, an increase of 45.58%.Financial Statements
According to 19 analysts, the average rating for SBNY stock is "Strong Buy." The 12-month stock price forecast is $237.19, which is an increase of 121.49% from the latest price.
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...
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...
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.
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.
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 ...
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Signature Bank (SBNY)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming May 15, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors ...
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Signature Bank of Class Action Lawsuit and Upcoming Deadline - SBNY; SBNYP
NEW YORK , May 10, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank ("Signature Bank" or the "Bank") (NASDAQ: SBNY; SBNYP), and certain of...
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 - (OTC PINK: SBNY)
NEW YORK , May 10, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Signature Bank. Shareholders who purchased shares of SBNY during the class period listed are e...
BENSALEM, Pa. , May 9, 2023 /PRNewswire/ -- Law Offices of Howard G.
SBNY ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 15, 2023 in the Class Action Filed on Behalf of Signature Bank Shareholders
NEW YORK , May 9, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Signature Bank (OTC PINK: SBNY) alleging that the Company ...
CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Signature Investors of a Lead Plaintiff Deadline of May 15, 2023
NEW YORK , May 8, 2023 /PRNewswire/ -- Attention Signature Bank ("Signature") (OTC PINK: SBNY) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behal...
SBNY LAWSUIT ALERT: Levi & Korsinsky Notifies Signature Bank Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK , May 4, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Signature Bank ("Signature" or the "Company") (OTC PINK: SBNY) of a class action securities lawsuit. CLASS DEFINITION...
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.
Market sentiment has fluctuated wildly in recent months as participants try to discern the path of central bank policy.
SVB Financial Group, the onetime parent of Silicon Valley Bank, and Signature Bank will be delisted from the Nasdaq, the Nasdaq Stock Market announced on Friday, following the failure of both banks an...
FDIC attributes Signature Bank's failure to pursuit of 'rapid, unrestrained growth'
CNBC's Leslie Picker joins 'The Exchange' to discuss the FDIC post-mortem on Signature Bank, the issues behind Signature Bank's risk management, and concerns around regulatory supervision of crypto as...
The collapse of Signature Bank was due to "poor management," according to a report from the Federal Deposit Insurance Corporation released Friday.
Signature Bank pursued ‘rapid, unrestrained growth' in part by courting deposits from the volatile crypto industry, and its association with digital asset firms was a major factor in its failure, the ...
Last month's failure of New York-based Signature Bank was caused by "poor management" and a pursuit of "rapid, unrestrained growth" with little regard for risk management, the Federal Deposit Insuranc...