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Signature Bank is a banks—regional business based in the US. Signature Bank shares (SBNY) are listed on the NASDAQ and all prices are listed in US Dollars. Signature Bank employs 1,472 staff and has a trailing 12-month revenue of around USD$1.3 billion.
Since the stock market crash in March caused by coronavirus, Signature Bank's share price has had significant negative movement.
Its last market close was USD$86.79, which is 40.30% down on its pre-crash value of USD$145.37 and 24.90% up on the lowest point reached during the March crash when the shares fell as low as USD$69.49.
If you had bought USD$1,000 worth of Signature Bank shares at the start of February 2020, those shares would have been worth USD$508.64 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$604.06.
|Latest market close||USD$86.79|
|52-week range||USD$68.98 - USD$148.64|
|50-day moving average||USD$90.0809|
|200-day moving average||USD$97.8393|
|Wall St. target price||USD$126.25|
|Dividend yield||USD$2.24 (2.65%)|
|Earnings per share (TTM)||USD$9.644|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-22)||0.93%|
|1 month (2020-09-29)||5.21%|
|3 months (2020-07-29)||-17.38%|
|6 months (2020-04-29)||-21.49%|
|1 year (2019-10-29)||-30.29%|
|2 years (2018-10-29)||-23.47%|
|3 years (2017-10-27)||-34.84%|
|5 years (2015-10-29)||-42.87%|
Valuing Signature Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Signature Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Signature Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Signature Bank shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Signature Bank's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.49. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Signature Bank's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$1.3 billion|
|Operating margin TTM||55.73%|
|Gross profit TTM||USD$1.3 billion|
|Return on assets TTM||0.94%|
|Return on equity TTM||10.81%|
|Market capitalisation||USD$4.5 billion|
TTM: trailing 12 months
There are currently 1.7 million Signature Bank shares held short by investors – that's known as Signature Bank's "short interest". This figure is 1.4% down from 1.7 million last month.
There are a few different ways that this level of interest in shorting Signature Bank shares can be evaluated.
Signature Bank's "short interest ratio" (SIR) is the quantity of Signature Bank shares currently shorted divided by the average quantity of Signature Bank shares traded daily (recently around 482072.98850575). Signature Bank's SIR currently stands at 3.48. In other words for every 100,000 Signature Bank shares traded daily on the market, roughly 3480 shares are currently held short.
However Signature Bank's short interest can also be evaluated against the total number of Signature Bank shares, or, against the total number of tradable Signature Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Signature Bank's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Signature Bank shares in existence, roughly 30 shares are currently held short) or 0.032% of the tradable shares (for every 100,000 tradable Signature Bank shares, roughly 32 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Signature Bank.
Find out more about how you can short Signature Bank stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Signature Bank.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 35
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Signature Bank's overall score of 35 (as at 10/01/2020) is pretty weak – landing it in it in the 65th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Signature Bank is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 8.91/100
Signature Bank's environmental score of 8.91 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Signature Bank is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 18.74/100
Signature Bank's social score of 18.74 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Signature Bank is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 18.85/100
Signature Bank's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Signature Bank is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Signature Bank scored a 1 out of 5 for controversy – the highest score possible, reflecting that Signature Bank has managed to keep its nose clean.
|Total ESG score||35|
|Total ESG percentile||64.92|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||1|
Dividend payout ratio: 23.28% of net profits
Recently Signature Bank has paid out, on average, around 23.28% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Signature Bank shareholders could enjoy a 2.65% return on their shares, in the form of dividend payments. In Signature Bank's case, that would currently equate to about $2.24 per share.
While Signature Bank's payout ratio might seem low, this can signify that Signature Bank is investing more in its future growth.
Signature Bank's most recent dividend payout was on 14 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 July 2020 (the "ex-dividend date").
Over the last 12 months, Signature Bank's shares have ranged in value from as little as $68.98 up to $148.64. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Signature Bank's is 1.7286. This would suggest that Signature Bank's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Signature Bank provides various business and personal banking products and services. It accepts various deposit products, including commercial checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, interest-bearing and non-interest-bearing checking accounts, certificates of deposit, time deposits, and other cash management products. The company also offers loan products comprising commercial and industrial loans; real estate loans, such as loans secured by commercial and residential properties, and construction loans; temporary financing for commercial and residential properties; letters of credit; and personal lines of credit and loans to acquire personal assets, as well as asset-based lending, mortgages, home equity loans, and credit card accounts. In addition, it provides investment, brokerage, and asset management products and services; retirement products, such as individual retirement accounts and administrative services for retirement vehicles, which include pension, profit sharing, and 401(k) plans to its clients, as well as business retirement accounts; and a range of financing and leasing products consisting of equipment, transportation, taxi medallion, commercial marine, and municipal and national franchise financing services. Further, the company offers wealth management services to high net worth personal clients; and a range of individual and group insurance products that comprise health, life, disability, and long-term care insurance products as an agent. Additionally, it purchases, securitizes, and sells guaranteed portions of the U.S. small business administration loans. As of July 8, 2020, the company operated 32 private client offices located in the New York metropolitan area, including Greenwich, Connecticut, as well as in San Francisco and Charlotte, N.C. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.
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