Last $116.50 USD
Change Today -0.25 / -0.21%
Volume 221.4K
SBNY On Other Exchanges
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As of 8:10 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

signature bank (SBNY) Snapshot

Open
$116.46
Previous Close
$116.75
Day High
$118.01
Day Low
$115.98
52 Week High
03/4/14 - $133.09
52 Week Low
11/5/13 - $100.29
Market Cap
5.9B
Average Volume 10 Days
499.6K
EPS TTM
$5.71
Shares Outstanding
50.3M
EX-Date
--
P/E TM
20.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for SIGNATURE BANK (SBNY)

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signature bank (SBNY) Details

Signature Bank provides various business and personal banking products and services. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposits, time deposits, and other cash management products. The company also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as credit card accounts and home equity loans. In addition, it provides investment and asset management products and services consisting of various individual securities, such as equities, options, fixed income securities, mutual funds, and annuities, as well as individual retirement accounts and administrative services for retirement vehicles, which include pension, profit sharing, and 401(k) plans to its clients; and equipment finance and leasing, transportation financing, and taxi medallion financing services. Further, the company offers wealth management services to its high net worth personal clients; and a range of individual and group insurance products that comprise health, life, disability, and long-term care insurance products as an agent. Additionally, it purchases, securitizes, and sells guaranteed portions of small business administration loans. As of December 31, 2013, the company operated 27 private client offices located in the New York metropolitan area. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.

945 Employees
Last Reported Date: 03/2/14
Founded in 2000

signature bank (SBNY) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $624.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $250.0K
Chief Credit Officer and Executive Vice Presi...
Total Annual Compensation: $387.0K
Executive Vice President of Corporate & Busin...
Total Annual Compensation: $357.9K
Compensation as of Fiscal Year 2013.

signature bank (SBNY) Key Developments

Signature Bank Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Announces Net Charge-Offs for the Third Quarter Ended September 30, 2014

Signature Bank announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total interest income of $236,513,000 against $194,639,000 a year ago. Net interest income after provision for loan and lease losses was $197,594,000 against $156,390,000 a year ago. Income before income taxes was $131,377,000 against $101,906,000 a year ago. Net income was $76,805,000 against $60,168,000 a year ago. Diluted earnings per share were $1.52 against $1.25 a year ago. Book value per share was $48.03 against $37.23 a year ago. Return on average total assets was 1.20% against 1.17% a year ago. Return on average shareholders' equity was 12.99% against 13.77% a year ago. For the nine months, the company reported total interest income of $676,347,000 against $548,556,000 a year ago. Net interest income after provision for loan and lease losses was $561,952,000 against $439,434,000 a year ago. Income before income taxes was $372,281,000 against $282,696,000 a year ago. Net income was $215,294,000 against $164,403,000 a year ago. Diluted earnings per share were $4.37 against $3.43 a year ago. Book value per share was $48.03 against $37.23 a year ago. Return on average total assets was 1.20% against 1.16% a year ago. Return on average shareholders' equity was 13.70% against 12.89% a year ago. Net charge-offs for the 2014 third quarter were $1.5 million, or 0.04% of average loans on an annualized basis, versus $718,000, or 0.02%, for the 2014 second quarter and $3.1 million, or 0.11%, for the 2013 third quarter.

Signature Bank to Report Q3, 2014 Results on Oct 21, 2014

Signature Bank announced that they will report Q3, 2014 results at 10:00 AM, US Eastern Standard Time on Oct 21, 2014

Signature Bank, Q3 2014 Earnings Call, Oct 21, 2014

Signature Bank, Q3 2014 Earnings Call, Oct 21, 2014

 

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Industry Analysis

SBNY

Industry Average

Valuation SBNY Industry Range
Price/Earnings 20.4x
Price/Sales 7.6x
Price/Book 2.4x
Price/Cash Flow 21.0x
TEV/Sales 4.6x
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