On July, 18 Signature Bank (SBNY) Analysts See $2.81 EPS

June 27, 2018 - By Heather Owens

Signature Bank (NASDAQ:SBNY)’s earnings report is awaited on July, 18., as reported by Faxor. This year’s EPS analyst estimate is awaited to be $2.81. That is 27.15 % up compareed to $2.21 EPS for last year. If EPS of $2.81 is announced the profit of SBNY could hit $150.85M giving it 11.41 P/E. After $2.69 EPS report previous quarter, Wall Street now sees 4.46 % EPS growth of Signature Bank. Ticker’s shares touched $128.2925 during the last trading session after 0.25% change.Signature Bank has volume of 144,058 shares. Since June 27, 2017 SBNY has declined 9.96% and is downtrending. SBNY underperformed by 22.53% the S&P 500.

Signature Bank (NASDAQ:SBNY) Ratings Coverage

In total 12 analysts cover Signature Bank (NASDAQ:SBNY). “Buy” rating has 8, “Sell” are 0, while 4 are “Hold”. 67% are bullish. 19 are the (NASDAQ:SBNY)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Friday, January 19 Maxim Group maintained Signature Bank (NASDAQ:SBNY) with “Buy” rating. On Tuesday, January 2 the rating was maintained by Barclays Capital with “Buy”. On Thursday, January 18 the firm has “Hold” rating given by Piper Jaffray. On Thursday, January 18 the stock of Signature Bank (NASDAQ:SBNY) earned “Buy” rating by Keefe Bruyette & Woods. On Thursday, April 19 the firm earned “Buy” rating by Maxim Group. The company rating was maintained by Stephens on Thursday, January 18. On Thursday, April 19 the firm has “Buy” rating given by Jefferies. On Friday, April 20 Piper Jaffray maintained the shares of SBNY in report with “Hold” rating. On Monday, January 8 Jefferies maintained the shares of SBNY in report with “Buy” rating. On Thursday, April 19 the rating was maintained by Keefe Bruyette & Woods with “Buy”.

Signature Bank provides various business and personal banking services and products.The firm is valued at $6.89 billion. 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 24.31. 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.

Another two news for Signature Bank (NASDAQ:SBNY) were briefly posted by: Investorplace.com on June 25, 2018 with title “20 Massively Underpriced Stocks Wall Street Expects to Soar”. The other Businesswire.com‘s article was titled “Signature Bank to Present at the 2018 Morgan Stanley Financials Conference” and posted on June 11, 2018.

Signature Bank (NASDAQ:SBNY) Analyst Ratings Chart

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