SBNY:NSD-Signature Bank (USD)

COMMON STOCK | Banks-Regional | NSD

Last Closing Price

USD 244.26

Change

-14.09 (-5.45)%

Market Cap

USD 14.93B

Volume

0.90M

Average Target Price

USD 261.19 (+6.93%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Signature Bank commercial 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; 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, pay check protection loans, main street lending program 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 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 December 31, 2020, the company operated 36 private client offices located in the New York metropolitan area, including Connecticut, and in California and North Carolina. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-17 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SIVB SVB Financial Group

-21.68 (-3.82%)

USD30.80B 18.66 N/A
HBANN Huntington Bancshares Incorpor..

-0.11 (-0.42%)

USD28.51B 22.91 N/A
FITB Fifth Third Bancorp

-2.52 (-6.21%)

USD28.47B 14.90 N/A
HBAN Huntington Bancshares Incorpor..

-0.85 (-5.92%)

USD21.23B 12.58 N/A
FITBI Fifth Third Bancorp

+0.20 (+0.70%)

USD20.08B 10.55 N/A
HBANO Huntington Bancshares Incorpor..

-0.02 (-0.08%)

USD13.19B 22.23 N/A
ZION Zions Bancorporation, National..

-3.51 (-6.37%)

USD9.03B 11.21 N/A
CBSH Commerce Bancshares, Inc

-2.83 (-3.73%)

USD8.88B 21.06 N/A
FCNCA First Citizens BancShares, Inc

-33.51 (-3.84%)

USD8.34B 15.34 N/A
PBCT People's United Financial, Inc

-1.06 (-5.75%)

USD7.79B 35.69 N/A

ETFs Containing SBNY

Symbol Name Weight Mer Price(Change) Market Cap
EZM WisdomTree U.S. MidCap Ea.. 0.00 % 0.38 %

-1.15 (-2.16%)

USD0.76B
SID:CA CI U.S. Trendleaders ETF 0.00 % 1.05 %

-1.34 (-3.65%)

USD0.05B
SPY4:XETRA SPDR S&P 400 US Mid Cap U.. 0.00 % 0.30 %

-0.22 (-0.33%)

USD1.18B
IUSN:XETRA iShares III plc - iShares.. 0.00 % 0.35 %

+0.01 (+0.13%)

USD4.26B
SPY4:PA SPDR S&P 400 US Mid C.. 0.00 % 0.30 %

-0.18 (-0.27%)

USD1.15B
SPY4:LSE SPDR S&P 400 US Mid C.. 0.00 % 0.30 %

-1.56 (-1.93%)

USD1.15B
XMHQ Invesco S&P MidCap Qualit.. 0.00 % 0.25 %

-1.34 (-1.74%)

USD0.24B
SPMD SPDR Portfolio S&P 400 Mi.. 0.00 % 0.05 %

-0.74 (-1.56%)

USD4.71B
DMRM DeltaShares S&P 400 Manag.. 0.00 % 0.45 %

-0.87 (-1.48%)

USD0.10B
XMH:CA iShares S&P U.S. Mid-.. 0.00 % 0.16 %

-0.57 (-2.25%)

USD0.10B
IVOO Vanguard S&P Mid-Cap 400 .. 0.00 % 0.10 %

-2.83 (-1.55%)

USD2.92B
XMC:CA iShares S&P U.S. Mid-Cap .. 0.00 % 0.16 %

-0.20 (-0.78%)

USD0.12B
UMDD ProShares UltraPro MidCap.. 0.00 % 0.95 %

-1.50 (-4.77%)

USD0.06B
MVV ProShares Ultra MidCap400 0.00 % 0.95 %

-2.04 (-3.15%)

USD0.19B
MDY SPDR S&P MIDCAP 400 ETF T.. 0.00 % 0.23 %

-7.75 (-1.57%)

USD21.73B
JKL iShares Morningstar Small.. 0.00 % 0.06 %

N/A

USD0.37B
JKJ iShares Morningstar Small.. 0.00 % 0.25 %

N/A

USD0.24B
IVOV Vanguard S&P Mid-Cap 400 .. 0.00 % 0.15 %

-4.04 (-2.44%)

USD1.02B
ZPRV:XETRA SPDR MSCI USA Small Cap V.. 0.00 % 0.30 %

-0.34 (-0.72%)

USD0.26B

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 80.55% 99% A+ 92% A-
Dividend Return 0.83% 17% F 40% F
Total Return 81.37% 99% A+ 92% A-
Trailing 12 Months  
Capital Gain 127.88% 97% A+ 86% B
Dividend Return 2.09% 15% F 39% F
Total Return 129.97% 97% A+ 86% B
Trailing 5 Years  
Capital Gain 95.78% 83% B 65% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 95.78% 78% C+ 63% D
Average Annual (5 Year Horizon)  
Capital Gain 6.20% 77% C+ 47% F
Dividend Return 1.15% 18% F 32% F
Total Return 7.35% 71% C- 45% F
Risk Return Profile  
Volatility (Standard Deviation) 43.50% 7% F 41% F
Risk Adjusted Return 16.90% 51% F 36% F
Market Capitalization 14.93B 98% A+ 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Regional)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 22.79 12% F 43% F
Price/Book Ratio 2.11 5% F 63% D
Price / Cash Flow Ratio 16.51 32% F 28% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.86% 64% D 73% C
Return on Invested Capital -1.84% 8% F 43% F
Return on Assets 0.89% 32% F 54% F
Debt to Equity Ratio 62.95% 23% F 34% F
Technical Ratios  
Short Ratio 2.92 73% C 52% F
Short Percent 2.46% 39% F 61% D-
Beta 2.00 2% F 13% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector