Signature Bank Reports 2020 First Quarter Results
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Signature Bank (SBNY) Misses Q1 EPS by 30c
April 23, 2020 5:49 AM EDTSignature Bank (NASDAQ: SBNY) reported Q1 EPS of $1.88, $0.30 worse than the analyst estimate of $2.18.
Net Income for the 2020 First Quarter Was $99.6 Million, or $1.88 Diluted Earnings Per Share, Versus $143.5 Million, or $2.63 Diluted Earnings Per Share, Reported in the 2019 First QuarterPre-Tax, Pre-Provision Earnings for the 2020 First Quarter Were $218.5 Million, an Increase of $10.6 Million, or 5.1 Percent, Compared with $207.9 Million for the 2019 First QuarterThe Bank Declared a Cash Dividend of $0.56 Per Share, Payable on or After May 15, 2020 to Common Stockholders of Record at the Close of Business on May 4, 2020During the 2020 First... More