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NEW YORK, Nov 24, 2009 (BUSINESS WIRE) --
Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that its management plans to present its corporate story at the upcoming 2009 FBR Capital Markets Fall Investor Conference.
The conference, designed to showcase a variety of publicly traded and privately held companies for institutional investors, is scheduled for Tuesday, December 1st, and Wednesday, December 2nd, 2009, at the Grand Hyatt Hotel in New York City. Signature Bank's President and Chief Executive Officer Joseph J. DePaolo is scheduled to present on Wednesday, December 2nd, 2009, at 8:30 a.m. local time. The presentation will address the Bank's operations, growth plans and strategy.
A web cast of Signature Bank's presentation will be available on December 2nd, 2009, (beginning at the start time of the presentation) and can be viewed by accessing http://www.wsw.com/webcast/fbr23/sbny/. It will be archived for 90 days.
The conference will serve as a platform for about 150 public and private companies spanning several industry sectors such as diversified industrials, energy and natural resources, financial services, consumer, technology, media and telecommunications and real estate. Each participating company is scheduled for a 40-minute presentation, which includes a question and answer session.
FBR Capital Markets provides investment banking, merger and acquisition advisory, institutional brokerage, prime brokerage and research services through its subsidiary FBR Capital Markets & Co. FBR Capital Markets & Co. focuses on seven industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; insurance; real estate; and technology, media & telecom. Asset management services are provided by FBR Investment Management, Inc., and mutual funds are provided by FBR Fund Advisers, Inc.; both companies are subsidiaries of FBR Capital Markets. FBR Capital Markets is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States and in London.
About Signature Bank
Signature Bank, member FDIC, a New York-based full-service commercial bank with 23 private client offices in the New York metropolitan area, serves the needs of privately owned businesses, their owners and senior managers through dozens of private client groups. The Bank offers a wide variety of business and personal banking products and services as well as investment, brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC.
Signature Bank's 23 offices are located throughout the metropolitan New York area. In Manhattan - 261 Madison Avenue; 300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; 200 Park Avenue South, 1020 Madison Avenue and 50 West 57th Street. Brooklyn - 26 Court Street; 84 Broadway and 6321 New Utrecht Avenue. Westchester - 1C Quaker Ridge Road, New Rochelle and 360 Hamilton Avenue, White Plains. Long Island - 1225 Franklin Avenue, Garden City; 279 Sunrise Highway, Rockville Centre; 68 South Service Road, Melville; 923 Broadway, Woodmere; 40 Cuttermill Road, Great Neck and 100 Jericho Quadrangle, Jericho. Queens - 36-36 33rd Street, Long Island City and 78-27 37th Avenue, Jackson Heights. Bronx - 421 Hunts Point Avenue, Bronx. Staten Island - 2066 Hylan Blvd.
Since commencing operations in May 2001, the Bank has grown to $8.6 billion in assets, $6.8 billion in deposits, $773.8 million in equity capital and $1.99 billion in other assets under management as of September 30, 2009. Signature Bank's Tier 1 and risk-based capital ratios are significantly above the levels required to be considered well capitalized.
For more information, please visit www.signatureny.com.
This press release and oral statements made from time to time by our representatives contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Forward-looking statements include information concerning our future results, interest rates and the interest rate environment, loan and deposit growth, loan performance, operations, capitalization, new private client team hires, new office openings, the regulatory environment and business strategy. These statements often include words such as "may," "believe," "expect," "anticipate," "intend," "plan," "estimate" or other similar expressions. As you consider forward-looking statements, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions that could cause actual results to differ materially from those in the forward-looking statements. These factors include but are not limited to: (i) prevailing economic and regulatory conditions; (ii) changes in interest rates, loan demand, real estate values and competition, which can materially affect origination levels and gain on sale results in our business, as well as other aspects of our financial performance; (iii) the level of defaults, losses and prepayments on loans made by us, whether held in portfolio or sold in the whole loan secondary markets, which can materially affect charge-off levels and required credit loss reserve levels; and (iv) competition for qualified personnel and desirable office locations. Additional risks are described in our quarterly and annual reports filed with the FDIC. You should keep in mind that any forward-looking statements made by Signature Bank speak only as of the date on which they were made. New risks and uncertainties come up from time to time, and we cannot predict these events or how they may affect the Bank. Signature Bank has no duty to, and does not intend to, update or revise the forward-looking statements after the date on which they are made. In light of these risks and uncertainties, you should keep in mind that any forward-looking statement made in this release or elsewhere might not reflect actual results.
SOURCE: Signature Bank
Signature Bank Investor Contact: Eric R. Howell, 646-822-1402 Chief Financial Officer ehowell@signatureny.com or Media Contact: Susan J. Lewis, 646-822-1825 slewis@signatureny.com
Tags: acquisition bank broker business capitalization ceo commercial consumer corporate dealer energy environment equity FDIC financial services hotel insurance interest rates investment investment banking local london media merger mutual funds nasdaq natural resources new_york president products real estate research securities technology telecom telecommunications web
Companies: FBR Capital Markets Corp (FBCM), Signature Bank/New York NY (SBNY)
Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Signature Bank (NASDAQ:SBNY) on July 24, 2009 at $29.64.
Since then, Signature Bank has returned 8.1% as of today's recent price of $32.04. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: bank market nasdaq profit securities trial
Companies: Signature Bank/New York NY (SBNY)
Nov 09, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Signature Bank (NASDAQ:SBNY) on July 24, 2009 at $29.64.
Since then, Signature Bank has returned 7.2% as of today's recent price of $31.77. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: bank market nasdaq profit securities trial
Companies: Signature Bank/New York NY (SBNY)
NEW YORK, Nov 04, 2009 (BUSINESS WIRE) --
Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that its management plans to present its corporate story at the upcoming Bank of America Merrill Lynch 2009 Banking and Financial Services Conference.
The conference, designed to showcase publicly traded banks and financial services entities for institutional investors, is scheduled for Tuesday, November 10, 2009 - Wednesday, November 11, 2009 at the Grand Hyatt Hotel in New York City. Signature Bank's President and Chief Executive Officer Joseph J. DePaolo is scheduled to present on Tuesday, November 10, 2009, at 10:30 A.M. local time. The presentation will address the Bank's operations, growth plans and strategy.
A web cast of Signature Bank's presentation will be available on November 10, 2009 (beginning at the start time of the presentation) and can be viewed by accessing http://www.veracast.com/webcasts/bas/banking09/id77104391.cfm. The web cast will expire on November 27, 2009.
The conference will serve as a platform for approximately 50 banks and financial services institutions. Each participating company is scheduled for a 45-minute presentation, which includes a question and answer session.
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
About Signature Bank
Signature Bank, member FDIC, a New York-based full-service commercial bank with 23 private client offices in the New York metropolitan area, serves the needs of privately owned businesses, their owners and senior managers through dozens of private client groups. The Bank offers a wide variety of business and personal banking products and services as well as investment, brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC.
Signature Bank's 23 offices are located throughout the metropolitan New York area. In Manhattan - 261 Madison Avenue; 300 Park Avenue; 71 Broadway; 565 Fifth Avenue; 950 Third Avenue; 200 Park Avenue South, 1020 Madison Avenue and 50 West 57th Street. Brooklyn - 26 Court Street; 84 Broadway and 6321 New Utrecht Avenue. Westchester - 1C Quaker Ridge Road, New Rochelle and 360 Hamilton Avenue, White Plains. Long Island - 1225 Franklin Avenue, Garden City; 279 Sunrise Highway, Rockville Centre; 68 South Service Road, Melville; 923 Broadway, Woodmere; 40 Cuttermill Road, Great Neck and 100 Jericho Quadrangle, Jericho. Queens - 36-36 33rd Street, Long Island City and 78-27 37th Avenue, Jackson Heights. Bronx - 421 Hunts Point Avenue, Bronx. Staten Island - 2066 Hylan Blvd.
Since commencing operations in May 2001, the Bank has grown to $8.6 billion in assets, $6.8 billion in deposits, $773.8 million in equity capital and $1.99 billion in other assets under management as of September 30, 2009. Signature Bank's Tier 1 and risk-based capital ratios are significantly above the levels required to be considered well capitalized.
For more information, please visit www.signatureny.com.
This press release and oral statements made from time to time by our representatives contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Forward-looking statements include information concerning our future results, interest rates and the interest rate environment, loan and deposit growth, loan performance, operations, capitalization, new private client team hires, new office openings, the regulatory environment and business strategy. These statements often include words such as "may," "believe," "expect," "anticipate," "intend," "plan," "estimate" or other similar expressions. As you consider forward-looking statements, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions that could cause actual results to differ materially from those in the forward-looking statements. These factors include but are not limited to: (i) prevailing economic and regulatory conditions; (ii) changes in interest rates, loan demand, real estate values and competition, which can materially affect origination levels and gain on sale results in our business, as well as other aspects of our financial performance; (iii) the level of defaults, losses and prepayments on loans made by us, whether held in portfolio or sold in the whole loan secondary markets, which can materially affect charge-off levels and required credit loss reserve levels; and (iv) competition for qualified personnel and desirable office locations. Additional risks are described in our quarterly and annual reports filed with the FDIC. You should keep in mind that any forward-looking statements made by Signature Bank speak only as of the date on which they were made. New risks and uncertainties come up from time to time, and we cannot predict these events or how they may affect the Bank. Signature Bank has no duty to, and does not intend to, update or revise the forward-looking statements after the date on which they are made. In light of these risks and uncertainties, you should keep in mind that any forward-looking statement made in this release or elsewhere might not reflect actual results.
SOURCE: Signature Bank
Signature Bank Investor Contact: Eric R. Howell, 646-822-1402 Chief Financial Officer ehowell@signatureny.com or Media Contact: Susan J. Lewis, 646-822-1825, slewis@signatureny.com
Tags: bank banking broker business capitalization commercial conference corporate dealer environment equity FDIC financial services hotel insurance interest rates investment local market nasdaq new_york president products real estate securities web
Companies: Signature Bank/New York NY (SBNY)
Total : 59 View more »
Signature Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts* are fully guaranteed by the FDIC for the entire amount in the account.
Signature Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.
Under the agreement, Capital Trust will with work closely with Signature Bank’s private client banking teams and wealth management advisors to provide personal and corporate trust services and expertise.
Signature Bank has done business with Executive Data Control since 1997. In the banking industry, our customers demand the highest quality service, attention to detail, and convenience. We have the same expectations for our vendors. Executive Data Control has always excelled in all of these areas.
Total : 93,000,000 View more »
From personalized banking and credit services, to powerful cash management systems and flexible financing for businesses, Signature Bank stands alone in its ability to offer the ...
At Signature Bank, we know that a growing community takes people who are driven to succeed in business and in life-people with unique financial goals and expectations.
Our Youth Triumph Savings Plan Pays Adult Money Market Rates! This savings plan is designed for our younger customers and teaches the value of saving.
Signature Bank , established in 1970, is a full service bank including online banking with eight offices, a Loan Center and a Mortgage Center.