Signature Bank Reports 2020 Fourth Quarter and Year-end Results
Press release content from Business Wire. The AP news staff was not involved in its creation. Signature Bank Reports 2020 Fourth Quarter and Year-end Results January 21, 2021 GMT NEW YORK--(BUSINESS WIRE)--Jan 21, 2021-- Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced results for its fourth quarter ended December 31, 2020. Net income for the 2020 fourth quarter was $173.0 million, or $3.26 diluted earnings per share, versus $147.6 million, or $2.76 diluted earnings per share, for the 2019 fourth quarter. The increase in net income for the 2020 fou...