Crypto stocks slide after Silvergate decides to shut down

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Signature Bank (SBNY) has repurchased $55 million of common stock this week

March 9, 2023 9:17 AM EST

Signature Bank (NASDAQ: SBNY) announced:

Over the course of this week and thus far for the quarter, we have repurchased $55.0 million of common stock within our previously disclosed share repurchase authorization.

... More

Signature Bank (SBNY) Issues Updated Financial Figures as of March 8, 2023; Reiterates Strong Financial Position and Limited Digital-Asset Related Deposit Balances

March 9, 2023 9:13 AM EST

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today updated financial figures as of March 8, 2023 and reiterated its strong, well-diversified financial position and limited digital-asset related deposit balances in the wake of industry developments.

To this end, Signature Bank has:

A proven, stable commercial... More