Signature Bank Reports 2019 Third Quarter Results

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Signature Bank (SBNY) Tops Q3 EPS by 5c

October 17, 2019 5:49 AM EDT

Signature Bank (NASDAQ: SBNY) reported Q3 EPS of $2.75, $0.05 better than the analyst estimate of $2.70.

Net Income for the 2019 Third Quarter Was $148.7 Million, or $2.75 Diluted Earnings Per Share, Versus $155.4 Million, or $2.84 Diluted Earnings Per Share, Reported in the 2018 Third QuarterThe Bank Declared a Cash Dividend of $0.56 Per Share, Payable on or After November 15, 2019 to Common Stockholders of Record at the Close of Business on November 1, 2019During the 2019 Third Quarter, the Bank Repurchased 629,503 Shares of Common Stock For a Total of $75.0 Million. Thus Far, the Bank Has Repurchased $189.7 Million of Common Stock From Its... More