Equity Analysis /
United States of America

US : Signature Bank - SBNY | Signet Update Following 4Q Earnings Release

    Contributors
    Ken Kohut
    Daniel Tamayo
    CGS-CIMB
    25 January 2021
    Published byCGS-CIMB

    We reiterate our Strong Buy rating on SBNY shares. As investors are increasingly looking for winners in the post-pandemic world, we believe Signature will stand out. We forecast a peer-best two-year pretax pre-provision income (PTPPI) CAGR of 14.5%, driven by robust deposit growth. Our bullish outl