Signature Bank (NASDAQ:SBNY) reported its Q1 earnings results on Tuesday, April 19, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings
Signature Bank beat estimated earnings by 22.69%, reporting an EPS of $5.3 versus an estimate of $4.32.
Revenue was up $168.75 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4 which was followed by a 1.2% drop in the share price the next day.
Here's a look at Signature Bank's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.94 | 3.72 | 3.14 | 2.85 |
| EPS Actual | 4.34 | 3.88 | 3.57 | 3.24 |
| Revenue Estimate | 549.52M | 513.37M | 466.52M | 430.65M |
| Revenue Actual | 569.38M | 512.24M | 480.59M | 439.21M |
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.
