Signature Bank receives Investment Bank Analyst Rating Update
Signature Bank (SBNY) reported Q1 EPS of $4.65, $0.23 worse than the analyst estimate of $4.88. Revenue for the quarter came in at $638.7 million versus the consensus estimate of...
Wall Street has started 2022 on a down note. In the first trading week this year, the Dow Jones, the S&P 500 and the NASDAQ 100 were down about 0.3%, 1.9% and 4.5%,...
Signature Bank is a full-service commercial bank with over 38 private client offices located throughout the metropolitan New York area, as well as those in Connecticut, California and North Carolina. The Company operates through two segments: Commercial Banking and Specialty Finance. The Commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, fund banking, venture banking, and other commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products, including equipment, transportation, commercial marine, municipal and national franchise financing and/or leasing. The Company, through its subsidiary, Signature Financial, LLC (Signature Financial), offers financing and leasing products. The Company provides brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation (Signature Securities).
|Average||148.29 (+16.04% Upside)|
|No. of Analysts||16|