Wells Fargo Upgrades Signature Bank (SBNY) to Outperform
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Signature Bank (SBNY) PT Lowered to $155 at Morgan Stanley
April 24, 2018 8:02 AM EDTMorgan Stanley lowered its price target on Signature Bank (NASDAQ: SBNY) to $155.00 (from $165.00) while maintaining a Equalweight rating.
... MoreSvb Financial Group (SIVB) Added BofA/Merrill Lynch US 1 List, Signature Bank (SBNY) Removed
April 24, 2018 5:24 AM EDTSvb Financial Group (NASDAQ: SIVB) is being added to the BofA/Merrill Lynch US 1 List and Signature Bank (NASDAQ: SBNY) is being removed.
UPDATE: Signature Bank (SBNY) PT Lowered to $156 at Barclays
April 20, 2018 4:10 AM EDT(Updated - April 20, 2018 9:01 AM EDT)
Barclays lowered its price target on Signature Bank (NASDAQ: SBNY) to $156.00 (from $165.00) while maintaining a Overweight rating following the company's 1Q earnings report. SBNY reported 1Q18 EPS of $0.63, which compared to the $2.67 consensus.
To account for... More
UPDATE: Signature Bank (SBNY) PT Lowered to $150 at Piper Jaffray
April 20, 2018 3:36 AM EDT(Updated - April 20, 2018 8:51 AM EDT)
Piper Jaffray lowered its price target on Signature Bank (NASDAQ: SBNY) to $150.00 (from $161.00) while maintaining a Neutral rating following 1Q18 results.
Following 1Q18 earnings, Piper Jaffray adjusted 2018 and 2019 EPS estimates to $9.25 and $11.55, down from $11.25 and $11.95 previously.
... MoreSignature Bank (SBNY) PT Lowered to $170 at Keefe, Bruyette & Woods
April 20, 2018 2:39 AM EDTKeefe, Bruyette & Woods lowered its price target on Signature Bank (NASDAQ: SBNY) to $170.00 (from $181.00) while maintaining a Outperform rating.
... MoreSignature Bank (SBNY) PT Lowered to $171 at BMO Capital
April 20, 2018 1:36 AM EDTBMO Capital lowered its price target on Signature Bank (NASDAQ: SBNY) to $171.00 (from $192.00) while maintaining a Outperform rating.
... MorePiper Jaffray Remains Sidelined on Signature Bank (SBNY) Following 1Q
April 19, 2018 8:38 AM EDTPiper 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
Signature Bank (SBNY) Tops Q1 EPS by 2c
April 19, 2018 5:48 AM EDTSignature Bank (NASDAQ: SBNY) reported Q1 EPS of $2.69, $0.02 better than the analyst estimate of $2.67.
First Quarter Results
Net Income for the 2018 First Quarter Was $34.5 Million, or $0.63 Diluted Earnings Per Share, Versus $133.9 Million, or $2.48 Diluted Earnings Per Share, Reported in the 2017 First Quarter. Excluding Write-Downs and Fair Value Adjustments for the Taxi Medallion Portfolio, Net Income Would Have Been a Record $146.8 Million, or $2.69 Diluted Earnings Per ShareThe Bank Took Significant Measures to Address the New York City Taxi Medallion... More