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Signature Bank (SBNY)

Signature Bank (SBNY)
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Signature Bank is a New York-based full-service commercial bank with private client offices located in the New York metropolitan area, Connecticut, California and North Carolina. These offices consist of growing network of private client banking teams that cater to privately-owned business clients, their owners and senior managers. Founded in 2001, the company provides equipment financing and leasing products through its subsidiary - Signature Financial LLC. The company's Signature Securities Group Corporation subsidiary provides brokerage, asset management, as well as insurance products and services, while Signature Public Funding subsidiary offers municipal finance, and tax-exempt lending and leasing products to government entities. Additionally, the company securitizes and sells guaranteed portions of U.S. SBA loans. It reports through the following two segments: Commercial Banking and Specialty Finance.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 3,711,370 2,311,270 2,006,890 1,939,620 1,732,200
Sales Growth +60.58% +15.17% +3.47% +11.97% +15.00%
Net Income 1,337,050 918,440 528,360 588,930 505,340
Net Income Growth +45.58% +73.83% -10.28% +16.54% +30.51%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 110,363,602 118,445,398 73,888,344 50,616,430 47,364,820
Total Assets Growth -6.82% +60.30% +45.98% +6.87% +9.85%
Total Liabilities 102,350,500 110,604,797 68,061,438 45,846,609 42,957,680
Total Liabilities Growth -7.46% +62.51% +48.45% +6.73% +9.91%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 945,680 879,640 904,360 778,420 651,560
Operating Cash Flow Growth +7.51% -2.73% +16.18% +19.47% +32.71%
Net Cash Flow -23,666,029 17,272,340 11,558,500 472,580 -18,210
Change in Net Cash Flow -237.02% +49.43% +2,345.83% +2,695.17% +91.05%
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