Signature Bank provides commercial banking products and services. It accepts various deposit products, including checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, certificates of deposit, and other cash management products. The company provides various lending products comprising commercial and industrial loans, real estate loans, and letters of credit. In addition, it offers asset management and investment products; and retirement products, such as individual retirement accounts and administrative services for retirement vehicles. Further, the company provides wealth management services to its high net worth personal clients; and purchases, sells, and assembles small business administration loans and pools. Additionally, it offers individual and group insurance products, including health, life, disability, and long-term care insurance products for business and private clients. As of December 31, 2021, the company operated 37 private client offices located in the metropolitan New York area, Connecticut, California, and North Carolina. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.
Revenue of Signature Bank (SBNY)
Revenue in 2022 (TTM): $2.7 B
According to Signature Bank's latest financial reports the company's current revenue (TTM) is $2.7 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Signature Bank
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $2.7 B | $2.7 B | $ | $1.76 B | $1.34 B |
| 2021 | $2 B | $2 B | $ | $1.25 B | $918.44 M |
| 2020 | $1.59 B | $1.59 B | $ | $732.19 M | $528.36 M |
| 2019 | $1.34 B | $1.34 B | $ | $787.64 M | $586.49 M |
| 2018 | $1.32 B | $1.32 B | $ | $673.46 M | $505.34 M |
| 2017 | $1.27 B | $1.27 B | $ | $575.26 M | $387.21 M |
| 2016 | $1.19 B | $1.19 B | $ | $657.45 M | $396.32 M |
| 2015 | $1.01 B | $1.01 B | $ | $628.08 M | $373.07 M |
| 2014 | $836.13 M | $836.13 M | $ | $511.78 M | $296.7 M |
| 2013 | $680.35 M | $680.35 M | $ | $391.53 M | $228.74 M |
| 2012 | $586.05 M | $586.05 M | $ | $326.38 M | $185.48 M |
| 2011 | $501.83 M | $501.83 M | $ | $267.23 M | $149.53 M |
| 2010 | $387.51 M | $387.51 M | $ | $176.24 M | $102.05 M |
| 2009 | $298.35 M | $298.35 M | $ | $104.43 M | $62.73 M |
| 2008 | $239.46 M | $239.46 M | $ | $72.21 M | $43.36 M |
| 2007 | $21.06 M | $21.06 M | $ | $44.16 M | $27.28 M |
| 2006 | $143.38 M | $143.38 M | $ | $57.99 M | $33.36 M |
| 2005 | $117.82 M | $117.82 M | $ | $32.75 M | $15.87 M |
| 2004 | $89.91 M | $89.91 M | $ | $28.07 M | $29.8 M |
| 2003 | $37.38 M | $37.38 M | $13.09 M | $2.95 M | $2.54 M |
| 2002 | $8.34 M | $8.34 M | $-5,727,000 | $-12,016,000 | $-12,117,000 |
| 2001 | $2.6 M | $2.6 M | $ | $-22,761,000 | $-22,821,000 |