SBNY:NSD-Signature Bank (USD)

COMMON STOCK | Banks-Regional | NSD

Last Closing Price

USD 226.66

Change

+4.04 (+1.81)%

Market Cap

USD 12.83B

Volume

0.88M

Average Target Price

USD 192.61 (-15.02%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-08 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HBANN Huntington Bancshares Incorpor..

N/A

USD27.94B 37.14 N/A
FITB Fifth Third Bancorp

+0.97 (+2.64%)

USD26.83B 20.62 N/A
SIVB SVB Financial Group

+3.27 (+0.64%)

USD26.40B 22.21 N/A
FITBI Fifth Third Bancorp

-0.01 (-0.04%)

USD19.90B 15.55 N/A
HBAN Huntington Bancshares Incorpor..

+0.38 (+2.34%)

USD16.51B 23.52 N/A
HBANO Huntington Bancshares Incorpor..

+0.02 (+0.08%)

USD13.18B 36.78 N/A
ZION Zions Bancorporation, National..

+1.83 (+3.28%)

USD9.16B 18.47 N/A
PBCT People's United Financial, Inc

+0.36 (+1.96%)

USD7.83B 37.61 N/A
FCNCA First Citizens BancShares, Inc

+24.17 (+3.10%)

USD7.82B 16.92 N/A
TCF TCF Financial Corporation

+1.17 (+2.46%)

USD7.27B 34.02 N/A

ETFs Containing SBNY

Symbol Name Weight Mer Price(Change) Market Cap
EWMC Invesco S&P MidCap 400 Eq.. 0.00 % 0.40 %

+1.08 (+1.25%)

USD0.10B
EZM WisdomTree U.S. MidCap Ea.. 0.00 % 0.38 %

+0.75 (+1.52%)

USD0.66B
JKJ iShares Morningstar Small.. 0.00 % 0.25 %

+2.42 (+1.09%)

USD0.24B
KBE SPDR S&P Bank ETF 0.00 % 0.35 %

+1.20 (+2.30%)

USD3.66B
KBWR Invesco KBW Regional Bank.. 0.00 % 0.35 %

+1.71 (+2.74%)

USD0.06B
WBIF WBI BullBear Value 3000 E.. 0.00 % 1.25 %

+0.38 (+1.28%)

USD0.04B
RUBY:CA RBC U.S. Banks Yield Inde.. 0.00 % 0.29 %

+1.07 (+4.99%)

USD0.01B
XMHQ Invesco S&P MidCap Qualit.. 0.00 % 0.25 %

+0.47 (+0.64%)

USD0.17B

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 67.54% 99% A+ 93% A
Dividend Return 0.41% 10% F 32% F
Total Return 67.95% 99% A+ 93% A
Trailing 12 Months  
Capital Gain 130.21% 98% A+ 82% B-
Dividend Return 2.28% 22% F 43% F
Total Return 132.48% 98% A+ 82% B-
Trailing 5 Years  
Capital Gain 64.84% 57% F 57% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 64.84% 47% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain -3.77% 27% F 26% F
Dividend Return 0.99% 18% F 27% F
Total Return -2.78% 22% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 15.89% 77% C+ 77% C+
Risk Adjusted Return -17.48% 21% F 23% F
Market Capitalization 12.83B 98% A+ 92% 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 22.35 20% F 45% F
Price/Book Ratio 2.37 3% F 60% D-
Price / Cash Flow Ratio 14.19 44% F 29% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.00% 71% C- 77% C+
Return on Invested Capital -1.84% 23% F 45% F
Return on Assets 0.85% 44% F 56% F
Debt to Equity Ratio 62.95% 22% F 36% F
Technical Ratios  
Short Ratio 2.02 80% B- 52% F
Short Percent 3.83% 9% F 45% F
Beta 1.97 2% F 16% 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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

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

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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