Signature Bank (OTCPK:SBNY)
$ 3.2 0 (0%) Market Cap: 201.52 Mil Enterprise Value: 201.52 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 78/100

Signature Bank at Credit Suisse Virtual Financial Services Forum (Virtual) Transcript

Feb 24, 2021 / 04:20PM GMT
Release Date Price: $226.05 (+5.89%)
Adam Scott Krasner;dit Suisse AG
CrÃ;Research Division - Research Analyst

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Okay. Good morning. I'm Adam Krasner. I work on the bank's equity research team at Credit Suisse covering Signature Bank. We're very pleased to be joined this morning by Joe DePaolo, President and CEO of Signature; as well as Eric Howell, EVP of Corporate and Business Development.

We're going to share an update on the growth story. We're going to be doing a fireside chat this morning. So let's jump right into it. Joe, with the first quarter about 2/3 of the way done, can you share an update on what you're seeing so far?

Joseph John DePaolo
Signature Bank - Co-Founder, President, CEO & Director

Yes. So first of all, I want to thank you, Adam, for hosting us this morning. It's a pleasure to be with you and everyone else here.

I will give an update on a couple of areas. One is deposit growth. I'll give a round figure. I don't want to give specific dollars, but we're north of $5 billion in deposit growth thus far. And I know that a lot of

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