Signature Bank Reports 2020 Second Quarter Results

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Signature Bank (SBNY) Misses Q2 EPS by 3c

July 21, 2020 5:45 AM EDT

Signature Bank (NASDAQ: SBNY) reported Q2 EPS of $2.21, $0.03 worse than the analyst estimate of $2.24. Revenue for the quarter came in at $387.1 million versus the consensus estimate of $389.14 million.

The best way to address the future COVID-19 economic uncertainty is by executing in the present. We are working tirelessly to assist our clients through these most difficult times. To this end, weve been rewarded by their dedication to our bankers and Signature Bank, which led to, by far, our greatest growth quarter ever. By controlling what we can amid this tumultuous environment through a commitment... More