Signature Bank (Signature Bank) Accounts Payable & Accrued Expense : $1,474 Mil (As of Dec. 2022)

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What is Signature Bank Accounts Payable & Accrued Expense?

Signature Bank's quarterly accounts payable & accrued expense increased from Jun. 2022 ($1,231 Mil) to Sep. 2022 ($1,540 Mil) but then declined from Sep. 2022 ($1,540 Mil) to Dec. 2022 ($1,474 Mil).

Signature Bank's annual accounts payable & accrued expense increased from Dec. 2020 ($663 Mil) to Dec. 2021 ($858 Mil) and increased from Dec. 2021 ($858 Mil) to Dec. 2022 ($1,474 Mil).

Signature Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for Signature Bank's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Signature Bank Accounts Payable & Accrued Expense Chart

Signature Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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530.73

472.55

662.93

857.88

1,473.88

Signature Bank Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															857.88	1,088.13	1,231.23	1,540.41	1,473.88

Signature Bank Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Signature Bank (Signature Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Signature Bank (OTCPK:SBNY) » Definitions » Accounts Payable & Accrued Expense

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SBNYL.PFD:USA

Address

565 Fifth Avenue, New York, NY, USA, 10017

Website

https://www.signatureny.com

Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.