Signature Bank: Q2 Earnings Insights

 

Shares of Signature Bank SBNY remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share were up 61.54% over the past year to $3.57, which beat the estimate of $3.14.

Revenue of $480,589,000 higher by 20.21% from the same period last year, which beat the estimate of $466,520,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 20, 2021

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg30.jsp&referrer=https%3A%2F%2Finvestor.signatureny.com%2F&eventid=3256105&sessionid=1&key=454EE0E6B4393FC42EFDCCC0DD2588F9&regTag=&V2=false&sourcepage=register

Technicals

Company's 52-week high was at $264.00

52-week low: $71.44

Price action over last quarter: down 5.45%

Company Profile

Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of the revenue from the Commercial banking segment, which consists principally of commercial real estate lending, commercial & industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!