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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 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Sales 1,202,460 1,020,100 812,240 676,570 639,770
Sales Growth +17.88% +25.59% +20.05% +5.75% +8.97%
Net Income 300,850 358,470 339,200 338,530 271,990
Net Income Growth -16.07% +5.68% +0.20% +24.46% +12.66%
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Total Assets 110,363,602 114,468,703 115,966,797 121,847,297 118,445,398
Total Assets Growth -3.59% -1.29% -4.83% +2.87% +9.82%
Total Liabilities 102,350,500 106,778,203 107,935,000 113,674,102 110,604,797
Total Liabilities Growth -4.15% -1.07% -5.05% +2.78% +10.42%
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Operating Cash Flow 945,680 859,950 238,370 -166,850 879,640
Operating Cash Flow Growth +9.97% +260.76% +242.86% -118.97% +93.67%
Net Cash Flow -23,666,029 -18,150,750 -15,042,310 -3,296,380 17,272,340
Change in Net Cash Flow -30.39% -20.66% -356.33% -119.08% +4.76%
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