Company

Signature Bank

Headquarters: New York, NY, United States

Founded: 2001

Employees: 1,854

CEO: Mr. Joseph John DePaolo

NASDAQ: SBNY +5.00%

Market Cap

$10.8 Million

USD as of Jan. 1, 2024

history Market Cap History

Signature Bank market capitalization over time

Evolution of Signature Bank market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Signature Bank

Detailed Description

Signature Bank provides 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; and letters of credit, as well as asset-based lending, mortgage warehouse lending, small business administration (SBA) 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 financing and leasing products comprising equipment, transportation, taxi medallion, commercial marine, and municipal and national franchise financing and leasing services. Further, the company offers wealth management services to high-net-worth personal clients; a range of individual and group insurance products, including health, life, disability, and long-term care insurance products as an agent; foreign currency products; and Signet, a digital payments platform. Additionally, it purchases, securitizes, and sells guaranteed portions of the U.S. SBA loans. As of December 31, 2021, the company operated 37 private client offices located in the New York metropolitan area, Connecticut, California, and North Carolina. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.

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Stocks & Indices

Signature Bank has the following listings and related stock indices.


Stock: NASDAQ: SBNY wb_incandescent

Stock: FSX: TQJ wb_incandescent

Key People

Scott Shay (chairman) Joseph J. De Paolo (president, CEO) John Tamberlane (vice chairman and director)

Financials

Net income: US$918 million (2021)


Total assets: US$118 billion (2021)

Total equity: US$6.84 billion (Q2 2021)

Details

Headquarters:

565 Fifth Avenue

New York, NY 10017

United States

Phone: 646-822-1500