Signature Bank (SBNY) Tops Q4 EPS by 38c

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Go back to Signature Bank (SBNY) Tops Q4 EPS by 38c

Signature Bank Reports 2020 Fourth Quarter and Year-end Results

January 21, 2021 5:00 AM EST

Net Income for the 2020 Fourth Quarter Was A Record $173.0 Million, or $3.26 Diluted Earnings Per Share, Versus $147.6 Million, or $2.76 Diluted Earnings Per Share, Reported in the 2019 Fourth Quarter. Pre-Tax, Pre-Provision Earnings for the 2020 Fourth Quarter Were $261.5 Million, an Increase of $45.2 Million, or 20.9 Percent, Compared with $216.3 Million for the 2019 Fourth Quarter Net Income for 2020 Was $528.4 Million, or $9.96 Diluted Earnings Per Share, Compared with $586.5 Million or $10.87 Diluted Earnings Per Share in 2019. Pre-Tax, Pre-Provision Earnings for 2020 Were $980.3 Million, an Increase of $136.3 Million, or 16.2 Percent, Compared with $844.0 Million for... More