Signature Bank (SBNY) Tops Q2 EPS by 8c

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Signature Bank Reports 2015 Second Quarter Results

July 21, 2015 5:00 AM EDT

Net Income for the 2015 Second Quarter Reached a Record $90.5 Million, or $1.77 Diluted Earnings Per Share, An Increase of $18.0 Million, or 24.8 Percent, from $72.5 Million, or $1.48 Diluted Earnings Per Share, Reported in the 2014 Second Quarter Total Deposits in the Second Quarter Grew $429.6 Million to $24.46 Billion, Including Core Deposit Growth of $413.5 Million; Total Deposits Have Grown $4.70 Billion, or 23.8 Percent, Since the End of the 2014 Second Quarter Average Deposits Increased $1.17 Billion, or 5.0 Percent, in the 2015 Second Quarter For the 2015 Second Quarter, Loans Increased $1.23 Billion, or 6.4... More