Signature Bank Reports 2018 Fourth Quarter and Year-End Results
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Signature Bank (SBNY) Tops Q4 EPS by 14c
January 17, 2019 5:51 AM ESTSignature Bank (NASDAQ: SBNY) reported Q4 EPS of $2.94, $0.14 better than the analyst estimate of $2.80. Revenue for the quarter came in at $328.59 million versus the consensus estimate of $332.37 million.
Throughout 2018, Signature Bank continued to execute its core strategy. We expanded our network with the addition of eight Private Client Banking teams while growing across all key metrics, including core deposits, loans and earnings. We bolstered our West Coast operations and added a Funds Banking Division catering to private equity firms, which are heavily emphasized on both coasts. This will allow us to further... More
