Signature Bank: Q3 Earnings Insights

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Signature Bank SBNY reported its Q3 earnings results on Tuesday, October 18, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

Signature Bank beat estimated earnings by 2.39%, reporting an EPS of $5.57 versus an estimate of $5.44.

Revenue was up $205.50 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 0.19% increase in the share price the next day.

Here's a look at Signature Bank's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 5.05 4.32 3.94 3.72
EPS Actual 5.26 4.63 4.34 3.88
Revenue Estimate 687.30M 609.41M 549.52M 513.37M
Revenue Actual 686.77M 607.96M 569.38M 512.24M

To track all earnings releases for Signature Bank visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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