Signature Bank Reports 2019 First Quarter Results
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Go back to Signature Bank Reports 2019 First Quarter Results
April 18, 2019 7:44 AM EDT
Raymond James analyst David Long lowered the price target on Signature Bank (NASDAQ: SBNY) to $142.00 (from $146.00) while maintaining a Outperform rating.
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April 18, 2019 7:33 AM EDT
BMO Capital analyst Lana Chan lowered the price target on Signature Bank (NASDAQ: SBNY) to $132.00 (from $135.00) while maintaining a Market Perform rating.
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April 17, 2019 5:49 AM EDT
Signature Bank (NASDAQ: SBNY) reported Q1 EPS of $2.69, $0.07 worse than the analyst estimate of $2.76. Revenue for the quarter came in at $318.99 million versus the consensus estimate of $332.44 million.
Net Income for the 2019 First Quarter Was $144.1 Million, or $2.65 Diluted Earnings Per Share, Versus $34.5 Million, or $0.63 Diluted Earnings Per Share, Reported in the 2018 First Quarter. Excluding the Effect of the Taxi Medallion Portfolio, 2018 First Quarter Net Income Would Have Been $146.8 Million, or $2.69 Diluted Earnings Per Share2019 First Quarter Net Income Was Negatively Affected by a Decrease in Prepayment Penalty Income of $9.4 Million and $4.3 Million...
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