Signature Bank (SBNY) Stock Forecast, Price Target & Predictions
SBNY Stock Forecast
Signature Bank stock forecast is as follows: an average price target of $273.70 (represents a 16000.00% upside from SBNY’s last price of $1.70) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
SBNY Price Target
The average price target for Signature Bank (SBNY) is $273.70 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $450.00 to $132.00. This represents a potential 16000.00% upside from SBNY's last price of $1.70.
SBNY Analyst Ratings
According to 5 Wall Street analysts, Signature Bank's rating consensus is 'Buy'. The analyst rating breakdown for SBNY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Signature Bank Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 16, 2022 | - | Morgan Stanley | $132.00 | $114.65 | 15.13% | 7664.71% |
| Dec 15, 2022 | - | Wells Fargo | $185.00 | $115.24 | 60.53% | 10782.35% |
| Dec 15, 2022 | Maxim Maxim | Maxim Group | $250.00 | $116.65 | 114.32% | 14605.88% |
| Dec 13, 2022 | - | J.P. Morgan | $135.00 | $120.56 | 11.98% | 7841.18% |
| Jun 10, 2022 | David Rochester | Compass Point | $300.00 | $214.92 | 39.59% | 17547.06% |
| Apr 20, 2022 | - | J.P. Morgan | $460.00 | $285.52 | 61.11% | 26958.82% |
| Apr 20, 2022 | - | Wells Fargo | $408.00 | $294.57 | 38.51% | 23900.00% |
| Apr 20, 2022 | - | Raymond James | $400.00 | $288.20 | 38.79% | 23429.41% |
| Jan 19, 2022 | Ebrahim Poonawala | Bank of America Securities | $450.00 | $350.78 | 28.29% | 26370.59% |
| Jan 18, 2022 | Michael Diana | Maxim Group | $450.00 | $355.05 | 26.74% | 26370.59% |
The latest Signature Bank stock forecast, released on Dec 16, 2022 by Morgan Stanley company, set a price target of $132.00, which represents a 15.13% increase from the stock price at the time of the forecast ($114.65), and a 7664.71% increase from SBNY last price ($1.70).
Signature Bank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.70 | $1.70 | $1.70 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Signature Bank stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Signature Bank's last price of $1.70. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 16, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 15, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Dec 07, 2022 | Raymond James | - | Market Perform | Downgrade |
| Dec 05, 2022 | Morgan Stanley | - | Equal-Weight | Downgrade |
| Jun 20, 2022 | Compass Point | Buy | Buy | Hold |
| May 19, 2022 | Wedbush | Buy | Buy | Hold |
| May 12, 2022 | Citigroup | - | Underperform | Downgrade |
Signature Bank's last stock rating was published by Morgan Stanley on Dec 16, 2022. The company gave SBNY a "Equal-Weight" rating, the same as its previous rate.
Signature Bank Financial Forecast
Signature Bank Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | Mar 07 | Mar 06 | Mar 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $683.90M | $607.96M | $439.21M | $362.44M | $325.08M | $325.35M | $311.63M | $286.77M | $232.65M | $193.64M | $156.94M | $135.92M | $118.74M | $99.39M | $67.90M | $51.78M | $40.56M | $33.96M | $26.34M | $22.53M |
| Avg Forecast | $942.94M | $900.65M | $667.41M | $821.68M | $784.83M | $749.63M | $619.03M | $683.90M | $551.58M | $436.03M | $412.32M | $339.16M | $516.54M | $255.24M | $283.83M | $225.33M | $185.03M | $153.93M | $126.21M | $100.34M | $79.51M | $110.33M | $50.16M | $39.21M | $32.65M | $27.65M | $20.92M |
| High Forecast | $942.94M | $900.65M | $800.89M | $821.68M | $784.83M | $749.63M | $619.03M | $683.90M | $661.89M | $523.24M | $494.78M | $407.00M | $619.84M | $306.29M | $340.60M | $270.40M | $222.04M | $184.71M | $151.45M | $120.41M | $95.41M | $132.40M | $60.19M | $47.05M | $39.19M | $33.19M | $25.11M |
| Low Forecast | $942.94M | $900.65M | $533.93M | $821.68M | $784.83M | $749.63M | $619.03M | $683.90M | $441.26M | $348.82M | $329.86M | $271.33M | $413.23M | $204.19M | $227.07M | $180.26M | $148.03M | $123.14M | $100.97M | $80.27M | $63.61M | $88.27M | $40.13M | $31.36M | $26.12M | $22.12M | $16.74M |
| # Analysts | 6 | 6 | 12 | 11 | 10 | 1 | 1 | 1 | 13 | 7 | 11 | 19 | 16 | 14 | 20 | 8 | 19 | 19 | 9 | 9 | 13 | 12 | 18 | 10 | 12 | 11 | 11 |
| Surprise % | - | - | - | - | - | - | - | 1.00% | 1.10% | 1.01% | 0.88% | 0.96% | 0.63% | 1.22% | 1.01% | 1.03% | 1.05% | 1.02% | 1.08% | 1.18% | 1.25% | 0.62% | 1.03% | 1.03% | 1.04% | 0.95% | 1.08% |
Signature Bank's average Quarter revenue forecast for Mar 23 based on 1 analysts is $619.03M, with a low forecast of $619.03M, and a high forecast of $619.03M. SBNY's average Quarter revenue forecast represents a -9.49% decrease compared to the company's last Quarter revenue of $683.90M (Dec 22).
Signature Bank EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | Mar 07 | Mar 06 | Mar 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 1 | 1 | 1 | 13 | 7 | 11 | 19 | 16 | 14 | 20 | 8 | 19 | 19 | 9 | 9 | 13 | 12 | 18 | 10 | 12 | 11 | 11 |
| EBITDA | - | - | - | - | - | - | - | $932.21M | $486.13M | $331.89M | $288.47M | $343.73M | $129.46M | $240.49M | $214.59M | $176.73M | $146.86M | $115.50M | $105.43M | $92.64M | $70.33M | $56.37M | $51.11M | $52.86M | $42.29M | $25.43M | $17.45M |
| Avg Forecast | $667.44M | $637.50M | $438.49M | $581.60M | $555.52M | $530.61M | $398.63M | $484.08M | $362.39M | $286.47M | $328.16M | $240.07M | $205.54M | $196.97M | $212.39M | $171.18M | $140.33M | $113.28M | $97.90M | $78.29M | $56.27M | $91.60M | $49.51M | $27.75M | $23.11M | $26.70M | $16.20M |
| High Forecast | $667.44M | $637.50M | $526.19M | $581.60M | $555.52M | $530.61M | $478.35M | $484.08M | $434.87M | $343.77M | $393.80M | $288.08M | $246.65M | $236.37M | $254.86M | $205.41M | $168.40M | $135.93M | $117.48M | $93.95M | $67.52M | $109.92M | $59.42M | $33.30M | $27.74M | $32.04M | $19.44M |
| Low Forecast | $667.44M | $637.50M | $350.79M | $581.60M | $555.52M | $530.61M | $318.90M | $484.08M | $289.91M | $229.18M | $262.53M | $192.05M | $164.43M | $157.58M | $169.91M | $136.94M | $112.27M | $90.62M | $78.32M | $62.63M | $45.01M | $73.28M | $39.61M | $22.20M | $18.49M | $21.36M | $12.96M |
| Surprise % | - | - | - | - | - | - | - | 1.93% | 1.34% | 1.16% | 0.88% | 1.43% | 0.63% | 1.22% | 1.01% | 1.03% | 1.05% | 1.02% | 1.08% | 1.18% | 1.25% | 0.62% | 1.03% | 1.90% | 1.83% | 0.95% | 1.08% |
1 analysts predict SBNY's average Quarter EBITDA for Mar 23 to be $398.63M, with a high of $478.35M and a low of $318.90M. This is -57.24% lower than Signature Bank's previous annual EBITDA (Dec 22) of $932.21M.
Signature Bank Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | Mar 07 | Mar 06 | Mar 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 1 | 1 | 1 | 13 | 7 | 11 | 19 | 16 | 14 | 20 | 8 | 19 | 19 | 9 | 9 | 13 | 12 | 18 | 10 | 12 | 11 | 11 |
| Net Income | - | - | - | - | - | - | - | $300.85M | $338.53M | $190.53M | $99.59M | $144.06M | $34.47M | $133.92M | $104.03M | $83.39M | $66.01M | $50.63M | $42.37M | $34.58M | $22.09M | $14.61M | $9.85M | $9.32M | $7.96M | $5.73M | $3.96M |
| Avg Forecast | $96.60M | $84.14M | $251.73M | $130.89M | $87.00M | $74.72M | $228.85M | $122.46M | $208.04M | $164.46M | $113.29M | $150.31M | $54.73M | $109.68M | $102.97M | $80.77M | $63.07M | $49.66M | $39.34M | $29.23M | $17.68M | $23.74M | $9.54M | $9.01M | $7.65M | $6.01M | $3.68M |
| High Forecast | $96.60M | $84.14M | $302.08M | $130.89M | $87.00M | $74.72M | $274.62M | $122.46M | $249.65M | $197.35M | $135.95M | $180.37M | $65.67M | $131.62M | $123.56M | $96.92M | $75.69M | $59.59M | $47.21M | $35.07M | $21.21M | $28.49M | $11.45M | $10.81M | $9.18M | $7.22M | $4.42M |
| Low Forecast | $96.60M | $84.14M | $201.38M | $130.89M | $87.00M | $74.72M | $183.08M | $122.46M | $166.43M | $131.57M | $90.63M | $120.24M | $43.78M | $87.75M | $82.37M | $64.61M | $50.46M | $39.73M | $31.47M | $23.38M | $14.14M | $19.00M | $7.63M | $7.21M | $6.12M | $4.81M | $2.95M |
| Surprise % | - | - | - | - | - | - | - | 2.46% | 1.63% | 1.16% | 0.88% | 0.96% | 0.63% | 1.22% | 1.01% | 1.03% | 1.05% | 1.02% | 1.08% | 1.18% | 1.25% | 0.62% | 1.03% | 1.03% | 1.04% | 0.95% | 1.08% |
Signature Bank's average Quarter net income forecast for Mar 23 is $228.85M, with a range of $183.08M to $274.62M. SBNY's average Quarter net income forecast represents a -23.93% decrease compared to the company's last Quarter net income of $300.85M (Dec 22).
Signature Bank SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | Mar 07 | Mar 06 | Mar 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 1 | 1 | 1 | 13 | 7 | 11 | 19 | 16 | 14 | 20 | 8 | 19 | 19 | 9 | 9 | 13 | 12 | 18 | 10 | 12 | 11 | 11 |
| SG&A | - | - | - | - | - | - | - | $209.92M | $171.91M | $149.48M | $128.69M | $111.08M | $125.86M | $91.74M | $83.80M | $72.84M | $64.80M | $54.18M | $45.97M | $40.88M | $36.06M | $30.63M | $25.29M | $14.07M | $11.68M | $9.41M | $9.00M |
| Avg Forecast | $306.78M | $293.02M | $197.49M | $267.33M | $255.34M | $243.89M | $179.53M | $222.50M | $163.21M | $129.02M | $146.39M | $115.89M | $199.82M | $75.14M | $82.94M | $70.55M | $61.92M | $53.14M | $42.68M | $34.55M | $28.85M | $49.77M | $24.50M | $13.60M | $11.23M | $9.88M | $8.36M |
| High Forecast | $306.78M | $293.02M | $236.98M | $267.33M | $255.34M | $243.89M | $215.44M | $222.50M | $195.85M | $154.83M | $175.67M | $139.07M | $239.78M | $90.17M | $99.53M | $84.66M | $74.30M | $63.76M | $51.22M | $41.46M | $34.62M | $59.73M | $29.40M | $16.32M | $13.48M | $11.86M | $10.03M |
| Low Forecast | $306.78M | $293.02M | $157.99M | $267.33M | $255.34M | $243.89M | $143.63M | $222.50M | $130.57M | $103.22M | $117.12M | $92.71M | $159.85M | $60.11M | $66.35M | $56.44M | $49.53M | $42.51M | $34.15M | $27.64M | $23.08M | $39.82M | $19.60M | $10.88M | $8.98M | $7.91M | $6.69M |
| Surprise % | - | - | - | - | - | - | - | 0.94% | 1.05% | 1.16% | 0.88% | 0.96% | 0.63% | 1.22% | 1.01% | 1.03% | 1.05% | 1.02% | 1.08% | 1.18% | 1.25% | 0.62% | 1.03% | 1.03% | 1.04% | 0.95% | 1.08% |
Signature Bank's average Quarter SG&A projection for Mar 23 is $179.53M, based on 1 Wall Street analysts, with a range of $143.63M to $215.44M. The forecast indicates a -14.47% fall compared to SBNY last annual SG&A of $209.92M (Dec 22).
Signature Bank EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | Mar 08 | Mar 07 | Mar 06 | Mar 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 1 | 1 | 1 | 13 | 7 | 11 | 19 | 16 | 14 | 20 | 8 | 19 | 19 | 9 | 9 | 13 | 12 | 18 | 10 | 12 | 11 | 11 |
| EPS | - | - | - | - | - | - | - | $4.82 | $5.34 | $3.27 | $1.89 | $2.65 | $0.64 | $2.49 | $1.98 | $1.66 | $1.39 | $1.07 | $0.92 | $0.84 | $0.54 | $0.07 | $0.33 | $0.31 | $0.27 | $0.20 | $0.15 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $1.39 | $1.19 | $3.85 | $1.95 | $1.43 | $2.46 | $2.48 | $2.89 | $4.24 | $1.72 | $1.93 | $1.54 | $1.29 | $1.02 | $0.78 | $0.60 | $0.36 | $0.59 | $0.31 | $0.29 | $0.25 | $0.21 | $0.13 |
| High Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $1.39 | $1.19 | $3.85 | $1.95 | $1.43 | $2.95 | $2.98 | $3.47 | $5.09 | $2.06 | $2.32 | $1.85 | $1.55 | $1.22 | $0.94 | $0.72 | $0.43 | $0.70 | $0.37 | $0.35 | $0.30 | $0.25 | $0.16 |
| Low Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $1.39 | $1.19 | $3.85 | $1.95 | $1.43 | $1.97 | $1.98 | $2.31 | $3.39 | $1.38 | $1.54 | $1.23 | $1.03 | $0.82 | $0.62 | $0.48 | $0.29 | $0.47 | $0.25 | $0.23 | $0.20 | $0.17 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | 2.47% | 3.74% | 1.33% | 0.76% | 0.92% | 0.15% | 1.45% | 1.03% | 1.08% | 1.08% | 1.05% | 1.18% | 1.40% | 1.50% | 0.12% | 1.06% | 1.07% | 1.08% | 0.95% | 1.15% |
According to 1 Wall Street analysts, Signature Bank's projected average Quarter EPS for Mar 23 is $3.85, with a low estimate of $3.85 and a high estimate of $3.85. This represents a -20.17% decrease compared to SBNY previous annual EPS of $4.82 (Dec 22).
Signature Bank Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SBNY | Signature Bank | $1.75 | $273.70 | 15540.00% | Buy |
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| CMA | Comerica | $62.64 | $72.42 | 15.61% | Hold |
| ZION | Zions Bancorporation, National Association | $51.03 | $57.42 | 12.52% | Hold |
| FHN | First Horizon | $17.44 | $19.10 | 9.52% | Buy |
| KEY | KeyCorp | $17.25 | $18.53 | 7.42% | Buy |
SBNY Forecast FAQ
Is Signature Bank a good buy?
Yes, according to 5 Wall Street analysts, Signature Bank (SBNY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of SBNY's total ratings.
What is SBNY's price target?
Signature Bank (SBNY) average price target is $273.7 with a range of $132 to $450, implying a 16000.00% from its last price of $1.7. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Signature Bank stock go up soon?
According to Wall Street analysts' prediction for SBNY stock, the company can go up by 16000.00% (from the last price of $1.7 to the average price target of $273.7), up by 26370.59% based on the highest stock price target, and up by 7664.71% based on the lowest stock price target.
Can Signature Bank stock reach $3?
SBNY's average twelve months analyst stock price target of $273.7 supports the claim that Signature Bank can reach $3 in the near future.
What are Signature Bank's analysts' financial forecasts?
SBNY's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $2.98B (high $2.98B, low $2.98B), average EBITDA is $2.07B (high $2.15B, low $1.99B), average net income is $521.46M (high $567.22M, low $475.69M), average SG&A $946.09M (high $981.99M, low $910.18M), and average EPS is $8.52 (high $8.52, low $8.52).
Did the SBNY's actual financial results beat the analysts' financial forecasts?
Based on Signature Bank's last annual report (Dec 2022), the company's revenue was $2.7B, beating the average analysts forecast of $1.24B by 118.25%. Apple's EBITDA was $2.79B, beating the average prediction of $846.47M by 230.05%. The company's net income was $1.34B, beating the average estimation of $330.5M by 304.55%. Apple's SG&A was $766.86M, beating the average forecast of $385.71M by 98.81%. Lastly, the company's EPS was $20.88, beating the average prediction of $3.38 by 517.30%. In terms of the last quarterly report (Dec 2022), Signature Bank's revenue was $683.9M, beating the average analysts' forecast of $683.9M by 0%. The company's EBITDA was $932.21M, beating the average prediction of $484.08M by 92.57%. Signature Bank's net income was $300.85M, beating the average estimation of $122.46M by 145.67%. The company's SG&A was $209.92M, missing the average forecast of $222.5M by -5.66%. Lastly, the company's EPS was $4.82, beating the average prediction of $1.95 by 146.68%