Anticipated $2.81 EPS for Signature Bank (SBNY) as of July, 18

June 27, 2018 - By Brenda Gibbons

Signature Bank (NASDAQ:SBNY)’s earnings report is anticipated on July, 18., according to Zacks. Analysts predict $2.81 earnings per share. That’s $0.60 up or 27.15 % from 2017’s earnings of $2.21. SBNY’s profit could hit $150.85M with 11.41 P/E in case $2.81 earnings per share is reported. 4.46 % EPS growth is what Wall Street’s predicts after $2.69 reported EPS previous quarter. The stock decreased 0.25% or $0.3175 during the last trading session, hitting $128.2925.Currently Signature Bank is downtrending after 9.96% change in last June 27, 2017. SBNY has also 144,058 shares volume. The stock underperformed the S&P500 by 22.53%.

Signature Bank (NASDAQ:SBNY) Ratings Coverage

In total 12 analysts cover Signature Bank (NASDAQ:SBNY). “Buy” rating has 8, “Sell” are 0, while 4 are “Hold”. (NASDAQ:SBNY) has 67% bullish analysts. 19 are the (NASDAQ:SBNY)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, January 2 the rating was maintained by Barclays Capital with “Buy”. The company rating was upgraded by Wells Fargo on Friday, April 20. In Thursday, April 19 report BMO Capital Markets maintained it with “Buy” rating and $17100 target. The company rating was maintained by Jefferies on Thursday, April 19. On Thursday, January 18 the firm has “Buy” rating by Keefe Bruyette & Woods given. On Wednesday, January 31 the stock of Signature Bank (NASDAQ:SBNY) has “Hold” rating given by Hovde Group. On Thursday, January 18 the firm earned “Buy” rating by Stephens. On Friday, April 20 the stock of Signature Bank (NASDAQ:SBNY) earned “Hold” rating by Piper Jaffray. On Friday, January 19 the firm earned “Buy” rating by Jefferies. On Tuesday, April 24 the stock has “Equal-Weight” rating by Morgan Stanley.

Signature Bank provides various business and personal banking services and products.The company has $6.89 billion market cap. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposit, time deposits, and other cash management products.24.31 is the P/E ratio. The firm also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and construction and land loans; temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as asset lending, mortgages, home equity loans, and credit card accounts.

Another two news for Signature Bank (NASDAQ:SBNY) were recently posted by: on June 25, 2018 with title “20 Massively Underpriced Stocks Wall Street Expects to Soar”. The other‘s article was titled “Signature Bank to Present at the 2018 Morgan Stanley Financials Conference” and posted on June 11, 2018.

Signature Bank (NASDAQ:SBNY) Analyst Ratings Chart

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