Signature Bank (SBNY) Tops Q4 EPS by 39c

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Signature Bank Reports 2021 Fourth Quarter and Year-End Results

January 18, 2022 5:00 AM EST

Net Income for the 2021 Fourth Quarter Was A Record $272.0 Million, or $4.34 Diluted Earnings Per Share, Versus $173.0 Million, or $3.26 Diluted Earnings Per Share, Reported in the 2020 Fourth Quarter. Pre-Tax, Pre-Provision Earnings for the 2021 Fourth Quarter Were $385.4 Million, an Increase of $123.9 Million, or 47.4 Percent, Compared with $261.5 Million for the 2020 Fourth Quarter Net Income for 2021 Was A Record $918.4 Million, or $15.03 Diluted Earnings Per Share, Compared with $528.4 Million or $9.96 Diluted Earnings Per Share in 2020. Pre-Tax, Pre-Provision Earnings for 2021 Were $1.30 Billion, an Increase of $317.5 Million, or 32.4 Percent, Compared with $980.3 Million for... More