Signature Bank (SBNY) Misses Q1 EPS by 7c
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Signature Bank Reports 2019 First Quarter Results
April 17, 2019 5:00 AM EDTNet Income for the 2019 First Quarter Was $144.1 Million, or $2.65 Diluted Earnings Per Share, Versus $34.5 Million, or $0.63 Diluted Earnings Per Share, Reported in the 2018 First Quarter. Excluding the Effect of the Taxi Medallion Portfolio, 2018 First Quarter Net Income Would Have Been $146.8 Million, or $2.69 Diluted Earnings Per Share 2019 First Quarter Net Income Was Negatively Affected by a Decrease in Prepayment Penalty Income of $9.4 Million and $4.3 Million From the 2018 Fourth and First Quarters, Respectively The Bank Declared a Cash Dividend of $0.56 Per Share, Payable on or After May... More
