Last $117.13 USD
Change Today -1.84 / -1.55%
Volume 259.9K
SBNY On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

signature bank (SBNY) Snapshot

Open
$118.13
Previous Close
$118.97
Day High
$119.49
Day Low
$116.89
52 Week High
03/4/14 - $133.09
52 Week Low
10/16/14 - $101.87
Market Cap
5.9B
Average Volume 10 Days
289.5K
EPS TTM
$5.97
Shares Outstanding
50.3M
EX-Date
--
P/E TM
19.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for SIGNATURE BANK (SBNY)

signature bank (SBNY) Related Businessweek News

No Related Businessweek News Found

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.

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 Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; to Open First Out-Of-State Banking Office in Greenwich, Connecticut

Signature Bank reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported that net income reached a $81.4 million, or $1.60 diluted earnings per share, an increase of $17.1 million, or 26.5%, from $64.3 million, or $1.34 diluted earnings per share reported in the 2013 fourth quarter. The net income for the 2014 fourth quarter, when compared with the same period last year, is primarily the result of an increase in net interest income, fueled by deposit growth and loan growth. These factors were partially offset by an increase in non-interest expenses. Net interest income for the 2014 fourth quarter rose $37.4 million, or 21.0%, to $215,703,000, compared with $178,309,000 the fourth quarter of 2013. This increase is primarily due to growth in average interest-earning assets. The company reported total interest income of $247,926,000 compared to $206,594,000, income before income taxes of $139,499,000 compared to $108,838,000, return on average total assets of 1.20% compared to 1.18% and return on average shareholders' equity assets of 13.19% compared to 14.34% for the last year. The considerable improvement in net income is mainly the result of an increase in net interest income, primarily driven by strong deposit and loan growth, each, again, surpassing $1 billion. These factors were partially offset by an increase in noninterest expense attributable to revenue growth initiatives, and in part, regulatory and compliance costs. For the year, the company reported that net income reached $296.7 million, or $5.95 diluted earnings per share, compared with $228.7 million or $4.76 diluted earnings per share in 2013, up $68.0 million, or 29.7%. Net interest income was $801,151,000 compared to $648,343,000 a year ago. The company reported total interest income of $924,273,000 compared to $755,150,000, income before income taxes of $511,779,000 compared to $391,534,000, return on average total assets of 1.20% compared to 1.16% and return on average shareholders' equity assets of 13.81% compared to 13.26% for the last year. The company anticipates opening first out-of-state banking office in Greenwich, Connecticut.

Signature Bank to Report Q4, 2014 Results on Jan 22, 2015

Signature Bank announced that they will report Q4, 2014 results at 10:00 AM, US Eastern Standard Time on Jan 22, 2015

Signature Bank, Q4 2014 Earnings Call, Jan 22, 2015

Signature Bank, Q4 2014 Earnings Call, Jan 22, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SBNY:US $117.13 USD -1.84

SBNY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
City National Corp/CA $86.69 USD -1.37
East West Bancorp Inc $36.18 USD -0.54
Hudson City Bancorp Inc $8.97 USD -0.16
PacWest Bancorp $42.76 USD -0.375
SVB Financial Group $112.90 USD -0.58
View Industry Companies
 

Industry Analysis

SBNY

Industry Average

Valuation SBNY Industry Range
Price/Earnings 20.0x
Price/Sales 7.4x
Price/Book 2.4x
Price/Cash Flow 20.2x
TEV/Sales 4.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SIGNATURE BANK, please visit www.signatureny.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.