Signature Bank reported net charge-offs for the fourth quarter ended December 31, 2022. For the quarter, the company reported Net charge-offs for the 2022 fourth quarter were $18.2 million, or 0.10% of average loans, on an annualized basis, versus $10.2 million, or 0.06%, for the 2022 third quarter and net charge-offs of $33.7 million, or 0.22%, for the 2021 fourth quarter.
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- Signature Bank Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022