Signature Bank (SBNY) Misses Q2 EPS by 3c

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Signature Bank Reports 2020 Second Quarter Results

July 21, 2020 5:00 AM EDT

Net Income for the 2020 Second Quarter Was $117.2 Million, or $2.21 Diluted Earnings Per Share, Versus $147.3 Million, or $2.71 Diluted Earnings Per Share, Reported in the 2019 Second Quarter Pre-Tax, Pre-Provision Earnings for the 2020 Second Quarter Were $247.9 Million, an Increase of $36.5 Million, or 17.3 Percent, Compared with $211.4 Million for the 2019 Second Quarter The Bank Declared a Cash Dividend of $0.56 Per Share, Payable on or After August 14, 2020 to Common Stockholders of Record at the Close of Business on July 31,... More