Signature Bank

Signature Bank is a commercial bank with private client offices located in the New York metropolitan area, providing a variety of business and personal banking products and services. The company also has a private client banking office in San Francisco. The company provides a variety of financing and leasing products, brokerage, asset management and insurance products and services, and a range of municipal finance and tax-exempt lending and leasing products to government entities, including state and local governments, school districts, fire and police and other municipal entities. Additionally, the company purchases, securitizes and sells the guaranteed portions of U.S. Small Business Administration loans.
  • TickerSBNY
  • ISINUS82669G1040
  • ExchangeNASDAQ Stock Market
  • SectorBanks
  • CountryUnited States

SIGNATURE BANK increases its risk exposure and slightly lowers to Neut...

SIGNATURE BANK (US), a company active in the Money Center Banks industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 3 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date July 13, 2021, the closing price was USD 253.35 and its expected value was estimated at USD 246.33.

Signature Bank: Update to credit analysis

Our credit view of Signature Bank reflects its strong asset quality performance and rapid growth since its establishment in 2001, and its high reliance on spread income

Moody's announces completion of a periodic review of ratings of Signat...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Signature Bank. Global Credit Research- 05 Feb 2021. New York, February 05, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Signature Bank and other ratings that are associated with the same analytical unit.

Signature Bank: Credit analysis following outlook change to negative

Our credit view of Signature Bank, reflecting its strong asset quality performance since its establishment in 2001, offset by its high concentration in NYC real estate

Moody's affirms Signature Bank's ratings and changes outlook to negati...

Rating Action: Moody's affirms Signature Bank's ratings and changes outlook to negative; assigns Ba1 to preferred stock. Global Credit Research- 10 Dec 2020. New York, December 10, 2020-- Moody's Investors Service, has affirmed the ratings of Signature Bank, which has a standalone Baseline Credit Assessment of baa1, long- and short-term deposit ratings of A2/Prime-1, and a long-term issuer rating of Baa2.

 PRESS RELEASE

Signature Bank Expands Network with Appointment of Two Private Client ...

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today the appointment of two private client banking teams, taking the total number of teams in its network to more than 100. Joseph Seibert was named to the post of Group Director and Senior Vice President, leading a five-person team, along with Sarmen Saryan and David D’Amico, who were each appointed Group Directors and Vice Presidents. The team will be based at the Bank’s private client office at 485 Ma...

 PRESS RELEASE

Signature Bank Reports 2018 First Quarter Results

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced results for its first quarter ended March 31, 2018. Net income for the 2018 first quarter was $34.5 million, or $0.63 diluted earnings per share, versus $133.9 million, or $2.48 diluted earnings per share, for the 2017 first quarter. The decrease in net income for the 2018 first quarter, versus the comparable quarter last year, is due to an increase of $121.1 million in the provision for loan losses, nearl...

 PRESS RELEASE

Signature Bank Appoints Veteran Bankers to Head West Coast Operations;...

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today the appointment of two veteran California-based banking executives to lead its new West Coast operations. Joe Petitti will build and lead Signature Bank’s West Coast expansion as the newly appointed Head of West Coast Operations while John (Jack) Knight was appointed to the post of Managing Director – Cash Management Operations. They will be temporarily based out of the Bank’s recently opened accomm...

 PRESS RELEASE

Signature Bank to Host 2018 First Quarter Results Conference Call

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that management will host a conference call to review results of its 2018 first quarter ended March 31, 2018 on Thursday, April 19, 2018 at 10:00 AM ET. Signature Bank’s financial results for the 2018 first quarter will be released prior to market open on Thursday, April 19, 2018. President and Chief Executive Officer Joseph J. DePaolo and Executive Vice President - Corporate and Business Developmen...

 PRESS RELEASE

Signature Bank Announces Availability of Materials for 2018 Annual Sha...

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq:SBNY), a New York-based full-service commercial bank, announced today that the Bank’s proxy materials for its 2018 Annual Meeting of Shareholders are now available and also can be viewed via the Internet. The record date for determination of shareholders entitled to vote at the annual meeting is March 6, 2018. A proxy statement with more information will be sent to shareholders of record along with a 2017 Annual Report. Both documents will be available for viewing thro...

Wedbush Research
  • Wedbush Research
Peter Winter ... (+4)
  • Peter Winter
  • David Chiaverini
  • Hersh Shintre
  • Brian Violino
Peter Winter ... (+4)
  • Peter Winter
  • David Chiaverini
  • Hersh Shintre
  • Brian Violino
Peter Winter ... (+4)
  • Peter Winter
  • David Chiaverini
  • Hersh Shintre
  • Brian Violino
Peter Winter ... (+3)
  • Peter Winter
  • David Chiaverini
  • Hersh Shintre

Signature Bank: Update to credit analysis

Our credit view of Signature Bank reflects its strong asset quality performance and rapid growth since its establishment in 2001, and its high reliance on spread income

Moody's announces completion of a periodic review of ratings of Signat...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Signature Bank. Global Credit Research- 05 Feb 2021. New York, February 05, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Signature Bank and other ratings that are associated with the same analytical unit.

Signature Bank: Credit analysis following outlook change to negative

Our credit view of Signature Bank, reflecting its strong asset quality performance since its establishment in 2001, offset by its high concentration in NYC real estate

Moody's affirms Signature Bank's ratings and changes outlook to negati...

Rating Action: Moody's affirms Signature Bank's ratings and changes outlook to negative; assigns Ba1 to preferred stock. Global Credit Research- 10 Dec 2020. New York, December 10, 2020-- Moody's Investors Service, has affirmed the ratings of Signature Bank, which has a standalone Baseline Credit Assessment of baa1, long- and short-term deposit ratings of A2/Prime-1, and a long-term issuer rating of Baa2.

Moody's rates Signature Bank's subordinated debt Baa2

Rating Action: Moody's rates Signature Bank's subordinated debt Baa2. Global Credit Research- 05 Oct 2020. New York, October 05, 2020-- Moody's Investors Service, has assigned a Baa2 rating to Signature Bank's subordinated debt.

SIGNATURE BANK increases its risk exposure and slightly lowers to Neut...

SIGNATURE BANK (US), a company active in the Money Center Banks industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 3 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date July 13, 2021, the closing price was USD 253.35 and its expected value was estimated at USD 246.33.

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