Signature Bank Reports 2018 First Quarter Results

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Piper Jaffray Remains Sidelined on Signature Bank (SBNY) Following 1Q

April 19, 2018 8:38 AM EDT

Piper Jaffray reiterated a Neutral rating and $161.00 price target on Signature Bank (NASDAQ: SBNY) following the company's 1Q earnings report.

SBNY reported 1Q18 EPS of $0.63. Loan growth (ex. taxi write-downs and payoffs) of $795M (2.4% Q/Q) was at the low-end of... More