Signature Bank

Equities

SBNY

US82669G1040

Market Closed - OTC Markets Other stock markets 15:48:13 2024-07-17 EDT			5-day change	1st Jan Change
2.3 ^USD	-2.13%		+17.95%	+43.67%

2023	How a 5% US benchmark Treasury yield could further roil markets	RE
2023	Alecta board chair steps down with immediate effect	RE

Signature Bank Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

January 21, 2021 at 05:00 am

Signature Bank announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 394.983 million compared to USD 338.295 million a year ago. Net income was USD 173.009 million compared to USD 147.614 million a year ago. Basic earnings per share from continuing operations was USD 3.28 compared to USD 2.78 a year ago. Diluted earnings per share from continuing operations was USD 3.26 compared to USD 2.76 a year ago. For the full year, net interest income was USD 1,519.092 million compared to USD 1,311.593 million a year ago. Net income was USD 528.359 million compared to USD 586.486 million a year ago. Basic earnings per share from continuing operations was USD 10 compared to USD 10.87 a year ago. Diluted earnings per share from continuing operations was USD 9.96 compared to USD 10.82 a year ago.

Latest news about Signature Bank

How a 5% US benchmark Treasury yield could further roil markets	23-10-19	RE
Alecta board chair steps down with immediate effect	23-10-02	RE
Fixing oversight culture may be biggest challenge in averting future bank crises	23-09-20	RE
US looks to offload $13 bln of mortgage bonds seized from SVB, Signature - Bloomberg News	23-09-12	RE
FDIC Initiates Marketing for $33 Billion CRE Loan Portfolio of Former Signature Bank	23-09-05	MT
US banks hold $3.3 trillion cash amid banking crisis, slowdown worries	23-09-05	RE
Hedge funds drop short trades on U.S. regional banks - Goldman	23-09-04	RE
S&P downgrades multiple US banks on growing liquidity worries	23-08-22	RE
FDIC launches sale of $18.5 bln of Signature Bank loans - Bloomberg News	23-07-28	RE
FDIC Reportedly Launches Sale of $18.5 Billion of Signature Bank Loans	23-07-28	CI
US FDIC calls on banks to fix 'inaccurate' financial statements	23-07-24	RE
US consumer watchdog warns no more 'rubber stamp' for bank mergers	23-07-20	RE
Twenty-four central banks will have digital currencies by 2030 - BIS survey	23-07-10	RE
Macro hedge funds down at half-year point, pin recovery hopes on central banks	23-06-30	RE
CORRECTED (OFFICIAL) -ANALYSIS-US hotel developers run out of cash as construction lending dries up	23-06-05	RE
U.S. banks saw record deposit declines in Q1 as profits remained steady: FDIC	23-05-31	RE
Sector Update: Financial Stocks Dropping Friday Afternoon	23-05-19	MT
US regional bank stocks fall after Yellen says more bank mergers necessary	23-05-19	RE
Overexposed US regional banks could sell commercial property loans	23-05-18	RE
Overexposed US regional banks could sell commercial property loans	23-05-17	RE
Analysis-Overexposed US regional banks could sell commercial property loans	23-05-17	RE
Volatile banking sector saw big moves from funds in first quarter	23-05-15	RE
US regional bank shares bounce as debt ceiling overshadows crisis	23-05-15	RE
Fed's Bowman calls for external review of Silicon Valley Bank oversight	23-05-12	RE
What is the FDIC's deposit insurance fund used to backstop failed banks?	23-05-11	RE

Chart Signature Bank

Duration

Period

More charts

Company Profile

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).

Sector

More about the company

Income Statement Evolution

More financial data

Quarterly earnings - Rate of surprise

Company calendar