crossingwallstreet

Signature Bank Earned $2.11 Per Share for Q4

This morning, Signature Bank (SBNY) reported Q4 earnings of $2.11 per share. That was two cents more than Wall Street’s consensus. Overall, this was another good quarter for Signature. The bank earned $7.37 per share for the year. That was only 10 cents more than 2015’s total, but remember they took a 70-cent charge related to their medallion loans. Still, they were to top 2015’s result which made 2016 their ninth record year in...