Signature Bank Reports 2020 Third Quarter Results
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Signature Bank (SBNY) Misses Q3 EPS by 14c
October 20, 2020 5:50 AM EDTSignature Bank (NASDAQ: SBNY) reported Q3 EPS of $2.62, $0.14 worse than the analyst estimate of $2.76.
Net Income for the 2020 Third Quarter Was $138.6 Million, or $2.62 Diluted Earnings Per Share, Versus $148.1 Million, or $2.74 Diluted Earnings Per Share, Reported in the 2019 Third QuarterPre-Tax, Pre-Provision Earnings for the 2020 Third Quarter Were $252.4 Million, an Increase of $43.9 Million, or 21.1 Percent, Compared with $208.4 Million for the 2019 Third QuarterThe Bank Declared a Cash Dividend of $0.56 Per Share, Payable on or After November 13, 2020 to Common Stockholders of Record at the Close of Business on November 2, 2020Total Deposits in the Third Quarter Grew... More