Signature Bank (SBNY) Tops Q3 EPS by 16c

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Signature Bank Reports 2021 Third Quarter Results

October 19, 2021 5:00 AM EDT

Net Income for the 2021 Third Quarter Increased $102.9 Million, or 74.2 Percent, to a Record $241.4 Million, or $3.88 Diluted Earnings Per Share, Versus $138.6 Million, or $2.62 Diluted Earnings Per Share, Reported in the 2020 Third Quarter Pre-Tax, Pre-Provision Earnings for the 2021 Third Quarter Was a Record $331.0 Million, an Increase of $78.6 Million, or 31.2 Percent, Compared with $252.4 Million for the 2020 Third Quarter Total Deposits in the Third Quarter Grew $10.00 Billion to $95.57 Billion, While Average Deposits Increased $9.97 Billion. Total Deposits for the Prior Twelve Months Have Grown $41.23 Billion, or 75.9... More