Signature Bank's (SBNY) balance sheet shrinks, with the company witnessing a decline in spot deposits and loans since the start of the year through Mar 1, 2023.
Signature Bank pivoted away from the cryptocurrency industry after FTX's collapse—a move that looks smart as peer Silvergate faces a financial crisis.
Signature Bank's mid-quarter update took on greater significance this time around, in the wake of continued turbulence in the crypto world.
Silvergate said it is reviewing events since the end of last year that could impact "its ability to continue as a going concern."
Signature Bank (SBNY) reported earnings 30 days ago. What's next for the stock?
Signature Bank has named a new chief executive following a stretch of cryptocurrency-related headaches. Joseph DePaolo, the bank's longtime president and CEO, will move into an advisory role this year
The gains suggest investors are taking a proposed SEC rule on digital-asset platforms in stride.
Signature Bank is facing a federal lawsuit for its role in the collapse of FTX. The lawsuit, filed Monday (Feb. 6) by trading firm Statistica Capital, says the New York-based bank “had actual kno
On 1/26/23, Pfizer, Unum Group, and Signature Bank will all trade ex-dividend for their respective upcoming dividends. Pfizer Inc will pay its quarterly dividend of $0.41 on 3/3/23, Unum Group will pa

The Market's 10 Worst Stocks Are Now First

08:00am, Monday, 23'rd Jan 2023
Remember all the beat-up stocks investors wrote off last year? In an interesting twist, last year's worst stocks are turning into the first.
Two cryptocurrency-sector banks have turned to the federal mortgage system to ease customer withdrawals. Silvergate Capital and Signature Bank have borrowed billions from Federal Home Loan Banks, the
Jerome Dodson (Trades, Portfolio), the legendary founder of San Francisco-based Parnassus Investments, is known for his preference for socially responsible companies.
The two lenders have seen their shares slide precipitously over the past year as a result of turmoil in cryptocurrencies.
Signature Bank reported earnings and held an earnings call. Short term, there are some headwinds due to the crypto bear market exacerbated by the FTX turmoil.
Stock trading at less than 6x full year earnings of $20.76/share. Hiked dividend to $.70/share, putting to bed any capital concerns from reducing crypto deposits.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE