- Signature Bank press release ( NASDAQ: SBNY ): Q4 GAAP EPS of $4.65 misses by $0.21 .
- Revenue of $683.9M (+20.1% Y/Y) beats by $2.14M .
- Return on common equity reaches a record 16.35% for the Year 2022.
- Tier 1 Leverage, Common Equity Tier 1 Risk-Based, Tier 1 Risk-Based, and Total Risk-Based Capital Ratios were 8.79%, 10.42%, 11.21%, and 12.33%, respectively, at December 31, 2022.
- The Bank’s provision for credit losses for the fourth quarter of 2022 was $42.8M, an increase of $35.9M, or over 100 percent, versus the 2021 fourth quarter.
- The Bank’s efficiency ratio was 34.11 percent for the 2022 fourth quarter compared with 32.31 percent for the same period a year ago, and 31.41 percent for the third quarter of 2022.
For further details see:
Signature Bank GAAP EPS of $4.65 misses by $0.21, revenue of $683.9M beats by $2.14M