Signature Bank Reports 2021 First Quarter Results
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Signature Bank (SBNY) Tops Q1 EPS by 39c
April 21, 2021 5:52 AM EDTSignature Bank (NASDAQ: SBNY) reported Q1 EPS of $3.24, $0.39 better than the analyst estimate of $2.85. Revenue for the quarter came in at $491.54 million versus the consensus estimate of $430.65 million.
Net Income for the 2021 First Quarter Was a Record $190.5 Million, or $3.24 Diluted Earnings Per Share, Versus $99.6 Million, or $1.88 Diluted Earnings Per Share, Reported in the 2020 First Quarter"We kicked off 2021 in an astonishing manner delivering another quarter of record deposit growth of $10.66 billion. This came on the heels of our record deposit growth of nearly $23 billion in 2020. Its clear that the... More
