Signature Bank (SBNY) said its fourth-quarter net income available to common shareholders stood at $20.97 million or $0.51 per share compared with $13.07 million or $0.37 per share for the 2008 fourth quarter, predominantly attributable to net interest income growth, fueled by record core deposit growth and continued loan growth.
On average, 18 analysts polled by Thomson Reuters expected earnings per share of $0.36 for the quarter. Analysts' estimate typically excludes one-time items.
Net interest income before provision for loan losses for the 2009 fourth quarter was $75.73 million, up 28.6% compared with $58.90 million in the 2008 fourth quarter. Total non-interest income increased to $9.61 million from $4.31 million a year ago. Ten analysts estimated revenues of $79.86 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.