Signature Bank (SBNY) PT Lowered to $157 at Piper Jaffray

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Signature Bank (SBNY) PT Raised to $175 at Barclays

April 20, 2017 9:05 AM EDT

Barclays raised its price target on Signature Bank (NASDAQ: SBNY) to $175.00 (from $173.00) while maintaining a Overweight rating.

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Signature Bank (SBNY) PT Lowered to $170 at FBR Capital Following 1Q Report; 'Tax Drives 1Q17 Earnings Beat'

April 19, 2017 3:51 PM EDT

FBR Capital lowered its price target on Signature Bank (NASDAQ: SBNY) to $170.00 (from $180.00) while maintaining a Outperform rating, following the company's first quarter report.

Analyst Bob Ramsey notes the company delivered a strong EPS beat driven by tax benefits from NYC affordable housing credits... More

Signature Bank (SBNY) Tops Q1 EPS by 38c

April 19, 2017 6:01 AM EDT

Signature Bank (NASDAQ: SBNY) reported Q1 EPS of $2.48, $0.38 better than the analyst estimate of $2.10.

Net Income for the 2017 First Quarter Reached a Record $133.9 Million, or $2.48 Diluted Earnings Per Share, An Increase of $29.9 Million, or 28.7 Percent, from $104.0 Million, or $1.97 Diluted Earnings Per Share, Reported in the 2016 First Quarter2017 First Quarter Net Income Included a Net Tax Benefit for $14.4 Million Related to a Change in the 2015 New York City Tax Code. Additionally, Tax Expense... More