Signature Bank to Host 2017 Third Quarter Results Conference Call
Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today that management
will host a conference call to review results of its 2017 third quarter ended September 30, 2017 on Thursday, October 19, 2017 at
10:00 AM ET. Signature Bank’s financial results for the 2017 third quarter will be released prior to market open on Thursday,
October 19, 2017.
President and Chief Executive Officer Joseph J. DePaolo and Executive Vice President - Corporate and Business Development Eric
R. Howell will host the conference call. All participants should dial 866-359-8135 at least ten minutes prior to the start of the
call and reference conference ID # 96636294. International callers should dial 901-300-3484. To hear a live web simulcast or to
listen to the archived web cast following completion of the call, please visit the Bank’s web site at www.signatureny.com, click on "Investor Information," then, under "Company News," select "Conference Calls" to access the link to the call. To listen to a telephone replay of the conference call, please
dial 800-585-8367 or 404-537-3406 and enter conference ID # 96636294. The replay will be available from approximately 1:00 PM ET on
Thursday, October 19, 2017 through 11:59 PM ET on Monday, October 23, 2017.
About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial bank with 30 private client offices throughout the New York metropolitan area, including those in Manhattan, Brooklyn,
Westchester, Long Island, Queens, the Bronx, Staten Island and Connecticut. The Bank’s growing network of private client banking
teams serves the needs of privately owned businesses, their owners and senior managers.
Signature Bank offers a wide variety of business and personal banking products and services. Its specialty finance subsidiary,
Signature Financial, LLC, provides equipment finance and leasing. Signature Securities Group Corporation, a wholly owned Bank
subsidiary, is a licensed broker-dealer, investment adviser and member FINRA/SIPC, offering investment, brokerage, asset management
and insurance products and services.
Since commencing operations in May 2001, the Bank has grown to $40.72 billion in assets, $30.39 billion in loans, $33.17 billion
in deposits, $3.80 billion in equity capital and $3.63 billion in other assets under management as of June 30, 2017. Signature
Bank's Tier 1 and risk-based capital ratios are significantly above the levels required to be considered well capitalized.
Signature Bank ranked on Forbes' Best Banks in America list for the seventh consecutive year in 2017 and was recently named Best
Private Bank and Best Attorney Escrow Services provider and also ranked among the top three Best Business Banks for the eighth
consecutive year by the New York Law Journal in the publication’s annual Best of reader survey. Additionally, Signature Bank was cited among the top three of the nation's best private banking services providers in the 2017 Best of The National Law Journal reader rankings. The Bank was also named Best Commercial Bank of
the Year - U.S. by International Banker in their International Banker 2017 North and South American Awards program. Furthermore, Signature Bank was the recipient
of two gold Stevie Awards® in The 15th Annual American Business Awards for 2017: Company of the Year in both Banking and Financial
Services-Large categories.
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. You should
not place undue reliance on those statements because they are subject to numerous risks and uncertainties relating to our
operations and business environment, all of which are difficult to predict and may be beyond our control. Forward-looking
statements include information concerning our future results, interest rates and the interest rate environment, loan and deposit
growth, loan performance, operations, new private client teams and other hires, new office openings and business strategy. These
statements often include words such as "may," "believe," "expect," "anticipate," "intend," “potential,” “opportunity,” “could,”
“project,” “seek,” “should,” “will,” would,” "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 and
can change as a result of many possible events or factors, not all of which are known to us or in our control. These factors
include but are not limited to: (i) prevailing economic conditions; (ii) changes in interest rates, loan demand, real estate values
and competition, any of which can materially affect origination levels and gain on sale results in our business, as well as other
aspects of our financial performance, including earnings on interest-bearing assets; (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; (iv) changes in monetary and fiscal policies of the U.S. Government,
including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System; (v) changes in the banking and
other financial services regulatory environment and (vi) competition for qualified personnel and desirable office locations.
Although we believe that these forward-looking statements are based on reasonable assumptions, beliefs and expectations, if a
change occurs or our beliefs, assumptions and expectations were incorrect, our business, financial condition, liquidity or results
of operations may vary materially from those expressed in our forward-looking statements. 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.
Signature Bank
Investor Contact :
Eric R. Howell, 646-822-1402
Executive Vice President –
Corporate and Business Development
ehowell@signatureny.com
or
Media Contact :
Susan J. Lewis, 646-822-1825
slewis@signatureny.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20171016005856/en/