Signature Bank (SBNY) Tops Q1 EPS by 2c

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Wells Fargo Upgrades Signature Bank (SBNY) to Outperform

April 20, 2018 4:31 AM EDT

Wells Fargo upgraded Signature Bank (NASDAQ: SBNY) from Market Perform to Outperform with a price target of $160.00 (from $155.00).

Analyst Jared Shaw comments "Another round of taxi related charge-offs sent shares lower following Q1 results, and masked some stabilizing trends which should... More

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