HomeSBNY • OTCMKTS
add
Signature Bank
Previous close
$3.45
Day range
$3.25 - $3.35
Year range
$0.00030 - $3.60
Market cap
209.07M USD
Avg Volume
448.22K
P/E ratio
-
Dividend yield
-
Primary exchange
OTCMKTS
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2022info | Y/Y change |
---|---|---|
Revenue | 641.14M | — |
Operating expense | 226.57M | — |
Net income | 300.85M | — |
Net profit margin | 46.92 | — |
Earnings per share | 4.65 | 7.14% |
EBITDA | — | — |
Effective tax rate | 26.23% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2022info | Y/Y change |
---|---|---|
Cash and short-term investments | 5.98B | — |
Total assets | 110.36B | — |
Total liabilities | 102.35B | — |
Total equity | 8.01B | — |
Shares outstanding | 62.35M | — |
Price to book | 0.03 | — |
Return on assets | 1.07% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | Dec 2022info | Y/Y change |
---|---|---|
Net income | 300.85M | — |
Cash from operations | 85.73M | — |
Cash from investing | -1.20B | — |
Cash from financing | -4.40B | — |
Net change in cash | -5.52B | — |
Free cash flow | — | — |
About
Signature Bank was an American full-service commercial bank headquartered in New York City and with 40 private client offices in the states of New York, Connecticut, California, Nevada, and North Carolina. In addition to banking products, specialty national businesses provided services specific to industries such as commercial real estate, private equity, mortgage servicing, and venture banking; subsidiaries of the bank provided equipment financing and investment services. At the end of 2022, the bank had total assets of US$110.4 billion and deposits of $82.6 billion; as of 2021, it had loans of $65.25 billion.
Signature Bank was founded in 2001 by former executives and employees of Republic National Bank of New York after its purchase by HSBC. It focused on wealthy clients and built personal relationships with them. For most of its history, it had offices only in the New York City area. In the late 2010s, it began to expand geographically and in terms of services, though it was most noted for its 2018 decision to open itself to the cryptocurrency industry. By 2021, cryptocurrency businesses had represented 30 percent of its deposits. Wikipedia
Founded
May 1, 2001
Website
Employees
2,243