Signature Stock Today

SBNY
 Stock
  

USD 140.24  4.05  2.97%   

Market Performance
0 of 100
Odds Of Distress
Less than 41
Signature Bank is trading at 140.24 as of the 26th of November 2022; that is 2.97 percent increase since the beginning of the trading day. The stock's open price was 136.19. Signature Bank has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Signature Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2022 and ending today, the 26th of November 2022. Click here to learn more.
CUSIP
82669G104
Fiscal Year End
December
Business Domain
Banks
IPO Date
23rd of March 2004
Category
Financial Services
Classification
Financials
Signature Bank provides commercial banking products and services. Signature Bank was incorporated in 2000 and is headquartered in New York, New York. Signature Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 62.93 M outstanding shares of which 1.61 M shares are at this time shorted by private and institutional investors with about 1.68 trading days to cover. More on Signature Bank

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Signature Bank Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Signature Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Signature Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Signature Bank generated a negative expected return over the last 90 days
Signature Bank has high historical volatility and very poor performance
Over 96.0% of the company shares are owned by institutional investors
On 10th of November 2022 Signature Bank paid $ 0.56 per share dividend to its current shareholders
Latest headline from news.google.com: FTX crash could hit Signatures multifamily lending - The Real Deal
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Signature Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Signature Bank's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJoseph Depaolo
Average Analyst Recommendation
Analysts covering Signature Bank report their recommendations after researching Signature Bank's financial statements, talking to executives and customers, or listening in on Signature Bank's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Signature Bank. The Signature consensus assessment is calculated by taking the average forecast from all of the analysts covering Signature Bank.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Signature Bank based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Signature Bank financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted52.2 M58.5 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares51.7 M57.9 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets1.130.955
Fairly Up
Decreasing
Stable
Net Cash Flow from Operations949.1 M879.6 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities119.3 B110.6 B
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.0350.024
Way Up
Decreasing
Slightly volatile
Total Assets127.8 B118.4 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Signature Bank's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Signature Bank (SBNY) is traded on NASDAQ Exchange in USA and employs 1,854 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 8.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Signature Bank's market, we take the total number of its shares issued and multiply it by Signature Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Signature Bank conducts business under Financial Services sector and is part of Banks—Regional industry. The entity has 62.93 M outstanding shares of which 1.61 M shares are at this time shorted by private and institutional investors with about 1.68 trading days to cover. Signature Bank currently holds about 11.51 B in cash with 1.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 184.79.
Check Signature Bank Probability Of Bankruptcy
Ownership
Signature Bank maintains a total of 62.93 Million outstanding shares. The majority of Signature Bank outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Signature Bank to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Signature Bank. Please pay attention to any change in the institutional holdings of Signature Bank as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Signature Ownership Details

Signature Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Signature Bank jumping above the current price in 90 days from now is about 86.2%. The Signature Bank probability density function shows the probability of Signature Bank stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7254. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Signature Bank will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Signature Bank is significantly underperforming DOW.
  Odds Below 140.24HorizonTargetOdds Above 140.24
13.72%90 days
 140.24 
86.20%
Based on a normal probability distribution, the odds of Signature Bank to move above the current price in 90 days from now is about 86.2 (This Signature Bank probability density function shows the probability of Signature Stock to fall within a particular range of prices over 90 days) .

Signature Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Signature Bank that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Signature Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Signature Bank's value.
InstituionSecurity TypeTotal SharesValue
Zweigdimenna Associates LlcCommon Shares1.4 K210 K
Zurich Insurance Group LtdCommon Shares6.7 KM
View Signature Bank Diagnostics

Signature Bank Historical Income Statement

Signature Bank Income Statement is one of the three primary financial statements used for reporting Signature's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Signature Bank revenue and expense. Signature Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Signature Bank Net Income is fairly stable at the moment as compared to the past year. Signature Bank reported Net Income of 918.44 Million in 2021. Revenues is likely to rise to about 2.5 B in 2022, whereas Weighted Average Shares is likely to drop slightly above 51.7 M in 2022. View More Fundamentals

Signature Stock Against Markets

Picking the right benchmark for Signature Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Signature Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Signature Bank is critical whether you are bullish or bearish towards Signature Bank at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Signature Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Signature Bank Corporate Directors

Signature Bank corporate directors refer to members of a Signature Bank board of directors. The board of directors generally takes responsibility for the Signature Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Signature Bank's board members must vote for the resolution. The Signature Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Judith Huntington - DirectorProfile
Jeffrey Meshel - Independent DirectorProfile
Barney Frank - DirectorProfile
Alfonse DAmato - Independent DirectorProfile

Invested in Signature Bank?

The danger of trading Signature Bank is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Signature Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Signature Bank. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Signature Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Signature Bank price analysis, check to measure Signature Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Signature Bank is operating at the current time. Most of Signature Bank's value examination focuses on studying past and present price action to predict the probability of Signature Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Signature Bank's price. Additionally, you may evaluate how the addition of Signature Bank to your portfolios can decrease your overall portfolio volatility.
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Is Signature Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Signature Bank. If investors know Signature will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Signature Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.44
Market Capitalization
8.8 B
Quarterly Revenue Growth YOY
0.36
Return On Assets
0.0118
Return On Equity
0.17
The market value of Signature Bank is measured differently than its book value, which is the value of Signature that is recorded on the company's balance sheet. Investors also form their own opinion of Signature Bank's value that differs from its market value or its book value, called intrinsic value, which is Signature Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Signature Bank's market value can be influenced by many factors that don't directly affect Signature Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Signature Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine Signature Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signature Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.