Signature Bank (SBNY) Tops Q1 EPS by 98c

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Go back to Signature Bank (SBNY) Tops Q1 EPS by 98c

Signature Bank Reports 2022 First Quarter Results

April 19, 2022 5:00 AM EDT

Net Income for the 2022 First Quarter Increased $148.0 Million to a Record $338.5 Million, or $5.30 Diluted Earnings Per Share, Versus $190.5 Million, or $3.24 Diluted Earnings Per Share, Reported in the 2021 First Quarter. Pre-Tax, Pre-Provision Earnings for the 2022 First Quarter Were a Record $414.6 Million, an Increase of $141.8 Million, or 52.0 Percent, Compared with $272.8 Million for the 2021 First Quarter Total Deposits in the First Quarter Grew $3.02 Billion, to $109.16 Billion, While Average Deposits Increased $5.28 Billion. Total Deposits for the Prior Twelve Months Have Grown $35.18 Billion, or 47.6 Percent For the 2022 First... More