NEW YORK, November 03, 2021– (BUSINESS WIRE) – Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced that its management will attend the upcoming BofA Securities 2021 Banking and Financials virtual conference.
The virtual conference, designed to introduce publicly traded financial services companies to institutional investors, is scheduled for Tuesday, November 9.e – Wednesday November 10e, 2021.
Signature Bank President and CEO Joseph J. DePaolo, along with Senior Executive Vice President and COO Eric R. Howell, are expected to participate in an analyst-led fireside conversation on Wednesday 10 November.e, 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 webcast as well as the replay of Signature Bank’s presentation can be accessed here. The replay will be available from 8:00 a.m. Eastern Time on November 10e, 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 individuals, small and medium businesses, and large corporations with a full range of banking, investing, asset management and financial products and services. other financial and risk management products and services. âBank of Americaâ and âBofA Securitiesâ are the trade names used by the Global Banking and Global Markets divisions of Bank of America Corporation.
About Signature Bank
Signature Bank (Nasdaq: SBNY), member of the FDIC, is a New York-based full-service commercial bank with 37 private client offices throughout the New York metro area, as well as in Connecticut, California and Carolina North. Thanks to its one-stop-shop approach, the Bank’s private banking teams primarily meet the needs of private companies, their owners and managers.
The Bank has two wholly owned subsidiaries: Signature Financial, LLC, which provides financing and equipment rental services; and Signature Securities Group Corporation, a chartered broker, investment advisor and FINRA / SIPC member, offers investment, brokerage, asset management and insurance products and services.
Since commencing operations in May 2001, Signature Bank has reached $ 107.85 billion in assets as of September 30, 2021. With $ 95.57 billion in deposits at the end of the third quarter of 2021, Signature Bank has placed 22sd to S&P Global list of the largest banks in the United States, based on deposits.
Signature Bank was the first FDIC insured bank to launch a blockchain-based digital payment platform. Signet â¢ allows commercial customers to make real-time payments in US 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 the 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 such statements as they are subject to numerous risks. and uncertainties related to our operations and our business environment, all of which are difficult to predict and may be beyond our control. Forward-looking statements include information regarding our expectations regarding future results, interest rates and the interest rate environment, loan and deposit growth, loan performance, operations, new client teams. private and other hires, new office openings, business strategy and the impact of the COVID-19 pandemic on each of the above and on our business as a whole. Forward-looking statements often include words such as “may”, “believe”, “expect”, “anticipate”, “intend”, “possible”, “opportunity”, “could”, “could”. “,” Plan “,” seek “,” target “,” objective “,” should “,” will “,” should “,” plan “,” estimate “or other similar expressions. When reviewing 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 of forward-looking statements and may change due to many possible events or factors, not all of which are known to or under our control. These factors include, but are not limited to: (i) prevailing economic conditions; (ii) changes in interest rates, loan application, real estate values eras and competition, which can significantly affect origination levels and earnings on sales results of our business, as well as other aspects of our financial performance, including earnings on interest assets; (iii) the level of defaults, losses and prepayments on the loans we grant, whether they are held in the portfolio or sold in all secondary loan markets, which can significantly affect the levels write-offs and reserve requirement levels for credit losses; (iv) changes in the monetary and fiscal policies of the US government, including the policies of the US Treasury and the Federal Reserve System Board of Governors; (v) changes in the regulatory environment for banking and other financial services, (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. While we believe these forward-looking statements are based on reasonable assumptions, beliefs and expectations, if any change occurs or if our beliefs, assumptions and expectations were incorrect, our business, financial condition, liquidity or results of operations may differ significantly from those expressed. in our forward-looking statements. You should keep in mind that forward-looking statements made by Signature Bank speak only as of the date on which they were made. New risks and uncertainties arise from time to time, and we cannot predict these events or their impact on the Bank. Signature Bank has no obligation to, and does not intend to update or revise any forward-looking statements after the date they are made.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211103005265/en/
Brian Wyremski, Vice President – Investor Relations and Corporate Development
646-822-1479, [email protected]
Susan turkell lewis, 646-822-1825, [email protected]