Signature Bank (SBNY) to Release Earnings on Wednesday
Signature Bank (NASDAQ:SBNY) is scheduled to post its quarterly earnings results before the market opens on Wednesday, October 18th. Analysts expect Signature Bank to post earnings of $2.30 per share for the quarter.
Signature Bank (NASDAQ:SBNY) last announced its quarterly earnings results on Wednesday, July 19th. The bank reported $2.21 EPS for the quarter, missing the Zacks’ consensus estimate of $2.22 by ($0.01). The company had revenue of $316.79 million during the quarter, compared to analysts’ expectations of $324.44 million. Signature Bank had a return on equity of 12.61% and a net margin of 23.62%. During the same period last year, the firm earned $1.90 earnings per share. On average, analysts expect Signature Bank to post $7.20 EPS for the current fiscal year and $9.90 EPS for the next fiscal year.
Signature Bank (SBNY) opened at 127.16 on Wednesday. The stock has a market capitalization of $6.88 billion, a PE ratio of 20.37 and a beta of 0.96. The firm has a 50-day moving average price of $125.53 and a 200-day moving average price of $136.39. Signature Bank has a 52 week low of $113.53 and a 52 week high of $164.23.
Signature Bank Company Profile
Signature Bank is a full-service commercial bank. The Bank operates over 30 private client offices throughout the New York metropolitan area. Its segments include Commercial Banking and Specialty Finance. It offers a range of business and personal banking products and services. Its specialty finance subsidiary, Signature Financial LLC (Signature Financial), provides equipment finance and leasing services.
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