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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.