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

June 27, 2018 - By Susanne Funderburg

Signature Bank (NASDAQ:SBNY)’s quarterly earnings will be published on July, 18., RTT reports. EPS of $2.81 is 27.15 % up from 2017’s $2.21 EPS. SBNY’s profit could reach $150.85M if the current EPS of $2.81 is accurate. Wall Street now predicts 4.46 % EPS growth despite Signature Bank previous quarter’s EPS of $2.69. 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&P500.

Signature Bank (NASDAQ:SBNY) Ratings Coverage

A total of 12 analysts rate Signature Bank (NASDAQ:SBNY) as follows: 8 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NASDAQ:SBNY) has 19 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, April 24 Morgan Stanley maintained Signature Bank (NASDAQ:SBNY) rating. Morgan Stanley has “Equal-Weight” rating and $155 target. On Monday, January 8 Jefferies maintained Signature Bank (NASDAQ:SBNY) rating. Jefferies has “Buy” rating and $167.0 target. On Thursday, January 18 the stock of Signature Bank (NASDAQ:SBNY) earned “Hold” rating by Piper Jaffray. On Friday, January 19 Jefferies maintained Signature Bank (NASDAQ:SBNY) with “Buy” rating. On Thursday, April 19 the rating was maintained by BMO Capital Markets with “Buy”. In Thursday, January 18 report Keefe Bruyette & Woods maintained it with “Buy” rating and $180.0 target. On Thursday, April 19 Keefe Bruyette & Woods maintained Signature Bank (NASDAQ:SBNY) rating. Keefe Bruyette & Woods has “Buy” rating and $17000 target. On Tuesday, January 9 the firm has “Hold” rating by Wells Fargo given. On Thursday, January 18 the company was maintained by Stephens. The company rating was maintained by Barclays Capital on Tuesday, January 2.

Signature Bank provides various business and personal banking services and products.The company has $6.89 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 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 recently released by: Businesswire.com on June 11, 2018 with title “Signature Bank to Present at the 2018 Morgan Stanley Financials Conference”. The other Investorplace.com‘s article was titled “20 Massively Underpriced Stocks Wall Street Expects to Soar” and released on June 25, 2018.

Signature Bank (NASDAQ:SBNY) Analyst Ratings Chart

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