Signature Bank (Nasdaq: SBNY), a New York-based full-service
commercial bank, announced today that its management will
participate in the upcoming BofA Securities 2021 Banking and
Financials Virtual Conference.
The virtual conference, designed to showcase publicly traded
financial services companies for institutional investors, is
scheduled for Tuesday, November 9th - Wednesday, November 10th,
2021.
Signature Bank’s President and Chief Executive Officer Joseph J.
DePaolo as well as Senior Executive Vice President and Chief
Operating Officer Eric R. Howell are scheduled to participate in an
analyst-led fireside chat on Wednesday, November 10th, 2021 at 8:00
a.m. Eastern Time. Each participating company is scheduled for a
40-minute session, which includes questions and answers.
The live web cast as well as the replay of Signature Bank’s
presentation can be accessed here. The replay will be available
beginning at 8:00 a.m. Eastern Time on November 10th, 2021, the
start time of the presentation. It will be archived for
approximately 90 days here.
About Bank of America/BofA Securities
Bank of America is one of the world's leading financial
institutions, serving individual consumers, small and middle-market
businesses and large corporations with a full range of banking,
investing, asset management and other financial and risk management
products and services. "Bank of America” and "BofA Securities" are
the marketing names used by the Global Banking and Global Markets
divisions of Bank of America Corporation.
About Signature Bank
Signature Bank (Nasdaq: SBNY), member FDIC, is a New York-based,
full-service commercial bank with 37 private client offices
throughout the metropolitan New York area, as well as those in
Connecticut, California and North Carolina. Through its
single-point-of-contact approach, the Bank’s private client banking
teams primarily serve the needs of privately owned businesses,
their owners and senior managers.
The Bank has two wholly owned subsidiaries: Signature Financial,
LLC, provides equipment finance and leasing; and, Signature
Securities Group Corporation, a licensed broker-dealer, investment
adviser and member FINRA/SIPC, offers investment, brokerage, asset
management and insurance products and services.
Since commencing operations in May 2001, Signature Bank reached
$107.85 billion in assets as of September 30, 2021. With $95.57
billion in deposits at third quarter-end 2021, Signature Bank
placed 22nd on S&P Global’s list of the largest banks in the
U.S., based on deposits.
Signature Bank was the first FDIC-insured bank to launch a
blockchain-based digital payments platform. Signet™ allows
commercial clients to make real-time payments in U.S. dollars,
24/7/365 and was also the first solution to be approved for use by
the NYS Department of Financial Services.
For more information, please visit
https://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.
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 expectations
regarding 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,
business strategy and the impact of the COVID-19 pandemic on each
of the foregoing and on our business overall. Forward-looking
statements often include words such as "may," "believe," "expect,"
"anticipate," "intend," “potential,” “opportunity,” “could,”
“project,” “seek,” “target”, “goal”, “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, (vi) our ability to maintain the continuity,
integrity, security and safety of our operations and (vii)
competition for qualified personnel and desirable office locations.
All of these factors are subject to additional uncertainty in the
context of the COVID-19 pandemic, which is having an unprecedented
impact on all aspects of our operations, the financial services
industry and the economy as a whole. Additional risks are described
in our quarterly and annual reports filed with the FDIC. 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. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211103005265/en/
Investor Contact: Brian Wyremski,
Vice President - Investor Relations & Corporate Development
646-822-1479, bwyremski@signatureny.com
Media Contact: Susan Turkell Lewis,
646-822-1825, slewis@signatureny.com
Signature Bank (NASDAQ:SBNY)
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Signature Bank (NASDAQ:SBNY)
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