Analysts See $2.67 EPS for Signature Bank (SBNY) on April, 18

April 17, 2018 - By Robert Reynolds

Signature Bank (NASDAQ:SBNY)’s earnings report is expected On April, 18., Zacks reports. Last year’s EPS was $2.15, while now analysts expect change of 24.19 % up from current $2.67 EPS. If SBNY’s EPS is $2.67 the profit will be $143.34M for 13.18 P/E. After $2.43 EPS report last quarter, Wall Street now predicts 9.88 % EPS growth of Signature Bank. The stock increased 1.76% or $2.43 during the last trading session, reaching $140.71.Currently Signature Bank is downtrending after 1.22% change in last April 17, 2017. SBNY has 292,433 shares volume. The stock underperformed the S&P500 by 12.77%.

Signature Bank (NASDAQ:SBNY) Ratings Coverage

Total analysts of 13 have positions in Signature Bank (NASDAQ:SBNY) as follows: 8 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 62%. Since October 19, 2017 according to StockzIntelligence Inc Signature Bank has 21 analyst reports. On Thursday, November 30 the stock of Signature Bank (NASDAQ:SBNY) earned “Buy” rating by Raymond James. On Friday, October 20 the stock of Signature Bank (NASDAQ:SBNY) has “Buy” rating given by BMO Capital Markets. On Tuesday, December 12 the company was maintained by Keefe Bruyette & Woods. On Friday, January 19 the stock of Signature Bank (NASDAQ:SBNY) earned “Buy” rating by Jefferies. On Tuesday, January 2 Barclays Capital maintained the shares of SBNY in report with “Buy” rating. On Friday, October 20 the rating was maintained by Barclays Capital with “Overweight”. On Monday, February 26 Keefe Bruyette & Woods maintained the shares of SBNY in report with “Buy” rating. On Monday, October 23 the stock of Signature Bank (NASDAQ:SBNY) has “Buy” rating given by Jefferies. In Thursday, January 18 report Piper Jaffray maintained the stock with “Hold” rating. On Tuesday, January 9 the firm has “Hold” rating given by Wells Fargo.

Signature Bank provides various business and personal banking services and products.The company has $7.55 billion market cap. 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 deposit, time deposits, and other cash management products.The P/E ratio is 19.76. The firm also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and construction and land loans; temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as asset lending, mortgages, home equity loans, and credit card accounts.

Signature Bank (NASDAQ:SBNY) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.