Signature Bank (SBNY) Announces 2.1M Share Public Offering of Common Stock

Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today an underwritten offering of 2,100,000 shares of its common stock. The Bank will also grant to the underwriters a 30-day option to purchase up to 315,000 additional shares of common stock. The Bank intends to use the proceeds from the offering for general corporate purposes.

Goldman Sachs & Co. LLC, Morgan Stanley and Jefferies are acting as the bookrunners in the offering.

The offering is subject to market conditions and other factors. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor will there be any sale of the securities in any State in which any such offer, solicitation or sale would be unlawful. The common stock offering may be made only by means of an offering circular.

Copies of the preliminary offering circular may be obtained from

• Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by phone: 1-866-471-2526, by facsimile: 212-902-9316 or by emailing [email protected];
• Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or
• Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by phone: 1-877-821-7388 or by emailing [email protected].

The securities are not deposits and are neither insured nor approved by the FDIC. The securities are being offered pursuant to an exemption from registration under the Securities Act of 1933 provided by Section 3(a)(2) of such Act.

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