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Home โบ Stocks โบ Signature Bank (SBNY) Stock Forecast & Price Prediction United States | NASDAQ | Financial Services | Banks - Regional
$0.44
-0.01 (-2.22%)Did SBNY Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Signature Bank is one of their latest high-conviction picks.
SBNY has shown a year-to-date change of -56.0% and a 1-year change of -48.2%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for SBNY. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SBNY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 13, 2023 | Wells Fargo | Steven Chercover | Overweight | Downgrade | $N/A |
| Jan 18, 2023 | Morgan Stanley | Equal-Weight | Maintains | $N/A | |
| Jan 18, 2023 | Stephens & Co. | Equal-Weight | Downgrade | $N/A | |
| Dec 16, 2022 | Morgan Stanley | Equal-Weight | Maintains | $N/A | |
| Dec 15, 2022 | Wells Fargo | Overweight | Maintains | $N/A | |
| Dec 13, 2022 | JP Morgan | Overweight | Maintains | $N/A | |
| Dec 7, 2022 | Raymond James | Market Perform | Downgrade | $N/A | |
| Dec 5, 2022 | Morgan Stanley | Equal-Weight | Downgrade | $N/A | |
| Oct 20, 2022 | Deutsche Bank | Buy | Maintains | $N/A | |
| Oct 19, 2022 | Morgan Stanley | Overweight | Maintains | $N/A | |
| Oct 19, 2022 | Wedbush | Outperform | Maintains | $N/A | |
| Oct 19, 2022 | Raymond James | Strong Buy | Maintains | $N/A | |
| Oct 6, 2022 | Wells Fargo | Overweight | Maintains | $N/A | |
| Oct 5, 2022 | Morgan Stanley | Overweight | Maintains | $N/A | |
| Sep 30, 2022 | Goldman Sachs | Buy | Maintains | $N/A | |
| Sep 8, 2022 | Jefferies | Buy | Maintains | $N/A | |
| Sep 7, 2022 | Wedbush | Outperform | Maintains | $N/A | |
| Jul 27, 2022 | UBS | Buy | Maintains | $N/A | |
| Jul 20, 2022 | Maxim Group | Buy | Maintains | $N/A | |
| Jul 20, 2022 | Morgan Stanley | Overweight | Maintains | $N/A |
The following stocks are similar to Signature Bank based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Signature Bank has a market capitalization of $28.34M with a P/E ratio of 0.1x. The company generates $2.62B in trailing twelve-month revenue with a 51.1% profit margin.
Revenue growth is +14.0% quarter-over-quarter, while maintaining an operating margin of +64.7% and return on equity of +16.9%.
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Provides commercial banking services with a focus on business clients.
The company operated as a full-service commercial bank, specializing in relationship banking for business clients. It generated revenue through services such as commercial real estate lending, industrial loans, and a variety of deposit and specialty finance offerings, along with a notable focus on digital asset banking via its Signet payment network.
Established in 2001, Signature Bank grew rapidly and managed over $110 billion in assets by the end of 2022. The bank's exposure to digital assets led to systemic risk factors, resulting in its closure and receivership by the FDIC in March 2023. Currently, its shares trade over-the-counter, highlighting both the potential and risks involved in banking innovation.
Financial Services
Banks - Regional
2,243
United States
2004
Former Signature Bank executives are starting a blockchain-based bank aimed at enabling instant, 24/7 U.S. dollar payments, following Signature Bank's collapse three years ago.
The launch of a blockchain-based bank by former Signature Bank executives signals a growing shift towards digital payments, potentially impacting financial markets and cryptocurrency-related investments.
Asbury (ABG) and AutoNation (AN) show strong cash flow and profit potential. Builders FirstSource (BLDR) benefits from housing demand. Core Natural Resources (CNR) and Warrior Met Coal (HCC) expect robust cash flow from rising met coal demand.
Asbury and AutoNation show stable cash flow and profits, while Builders FirstSource benefits from housing demand. Core Natural Resources and Warrior Met Coal are positioned for cash flow growth amid rising demand, signaling strong investment potential.
Signature Bank of Arkansas opened its second Banco Sรญ location in Springdale to cater to the growing Hispanic population, projected to reach 19% by 2026. The bank has 10 locations.
The opening of Banco Sรญ enhances Signature Bank's market reach and positions it to capitalize on the growing Hispanic population, potentially driving revenue growth and stronger community ties.
New York Community Bancorp has acquired the assets of failed Signature Bank, valued at approximately $37.8 billion.
New York Community Bancorp's acquisition of Signature Bank's assets signals expansion, potentially increasing market share and revenue, impacting stock performance and investor sentiment.
Morgan Stanley is acquiring $700 million in property loans related to the failed Signature Bank, according to Bloomberg News.
Morgan Stanley's acquisition of $700 million in property loans indicates potential recovery opportunities in distressed assets, impacting market sentiment and investment strategies.
Scott Goodwin of Diameter Capital believes there are investment opportunities in the bonds and stocks of the failed Signature Bank.
Goodwin's endorsement of failed Signature Bank's bonds and stocks suggests potential undervaluation, indicating possible recovery opportunities for savvy investors.
Analyst forecasts for Signature Bank (SBNY) are not currently available. The stock is trading at $0.44.
According to current analyst ratings, SBNY has 14 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.44. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for SBNY are not currently available. The stock is trading at $0.44.
The company operated as a full-service commercial bank, specializing in relationship banking for business clients. It generated revenue through services such as commercial real estate lending, industrial loans, and a variety of deposit and specialty finance offerings, along with a notable focus on digital asset banking via its Signet payment network.
Price targets from Wall Street analysts for SBNY are not currently available. The stock is trading at $0.44.
Price targets from Wall Street analysts for SBNY are not currently available. The stock is trading at $0.44.
The overall analyst consensus for SBNY is bullish. Out of 2 Wall Street analysts, 14 rate it as Buy, 5 as Hold, and 0 as Sell.
Stock price projections, including those for Signature Bank, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.