Signature Bank (SBNY) Tops Q4 EPS by 8c

Go back to Signature Bank (SBNY) Tops Q4 EPS by 8c

Signature Bank Reports 2015 Fourth Quarter and Year-End Results

January 21, 2016 5:00 AM EST

Average Deposit Growth, Loan Growth and Net Income All Reach Record Levels in 2015

Net Income for the 2015 Fourth Quarter Reached a Record $103.0 Million, or $2.01 Diluted Earnings Per Share, An Increase of $21.6 Million, or 26.5 Percent, from $81.4 Million, or $1.60 Diluted Earnings Per Share Reported in the 2014 Fourth Quarter. Net Income for 2015 Reached a Record $373.1 Million, or $7.27 Diluted Earnings Per Share, Compared with $296.7 Million or $5.95 Diluted Earnings Per Share in 2014, Up $76.4 Million, or 25.7 Percent. Deposits in the Fourth Quarter Rose $162.6 Million to $26.77 Billion. Core Deposits Up $627.4 Million... More