Benzinga | Jul 20, 2021 10:27AM EDT

Signature Bank Earlier Reported Q2 EPS $3.57 Beats $3.14 Estimate, Sales $480.59M Beat $466.52M Estimate

Signature Bank (NASDAQ:SBNY) reported quarterly earnings of $3.57 per share which beat the analyst consensus estimate of $3.14 by 13.69 percent. This is a 61.54 percent increase over earnings of $2.21 per share from the same period last year. The company reported quarterly sales of $480.59 million which beat the analyst consensus estimate of $466.52 million by 3.02 percent. This is a 20.21 percent increase over sales of $399.80 million the same period last year.