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home / news releases / SBNYP - Signature Bank: Horrible Market Action Sets This Up For Big Bounce

SBNYP - Signature Bank: Horrible Market Action Sets This Up For Big Bounce

Signature Bank Depositary shares each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock

Summary

  • Rising rates are directly impacting positively the margins.
  • You have to love the growth in loans, but deposits on hand dipped.
  • Valuation so much more reasonable than a year ago.
  • Primed for a large bounce when the market stabilizes.

For further details see:

Signature Bank: Horrible Market Action Sets This Up For Big Bounce
Stock Information
Company Name: Signature Bank Depositary shares each representing a 1/40th ownership interest in a share of 5.000% Noncumulative Perpetual Series A Preferred Stock
Stock Symbol: SBNYP
Market: NASDAQ
Website: signatureny.com
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