Signature Bank to Participate in the Wells Fargo Securities Virtual Financial Services Investor Conference

Rhea-AI Summary

Signature Bank (Nasdaq: SBNY) announced its participation in the Wells Fargo Securities Virtual Financial Services Investor Conference, scheduled for May 19-20, 2021. CEO Joseph J. DePaolo and Senior EVP Eric R. Howell will present on May 19 at 10:40 AM ET. The presentation, including a Q&A session, will be accessible via a live video web cast, with replay available for 180 days. As of March 31, 2021, Signature Bank reported $85.4 billion in assets and $74.0 billion in deposits, ranking 22nd among U.S. banks by deposits.

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today its management plans to present at the upcoming Wells Fargo Securities Virtual Financial Services Investor Conference.

The virtual conference, designed to showcase financial services companies, is scheduled for Wednesday, May 19^th, 2021 – Thursday, May 20^th, 2021. Signature Bank’s President and Chief Executive Officer Joseph J. DePaolo and Eric. R Howell, Senior Executive Vice President - Corporate and Business Development, will present on Wednesday, May 19^th at 10:40 AM Eastern Time. The 30-minute, analyst-led fireside chat session via Zoom will include questions and answers.

The live video web cast as well as the replay of Signature Bank’s presentation can be accessed here. It will be archived for 180 days.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.

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 $85.4 billion in assets as of March 31, 2021. With $74.0 billion in deposits at first quarter-end 2021, Signature Bank placed 22^nd 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 that are subject to risks and uncertainties. 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 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, our business strategy and the impact of the COVID-19 pandemic on each of the foregoing and on our business overall. These 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-o

FAQ

When is Signature Bank presenting at the Wells Fargo Investor Conference?

Signature Bank will present on May 19, 2021, at 10:40 AM ET.

Where can I watch Signature Bank’s presentation?

The presentation can be accessed via a live web cast, with a replay available for 180 days.

What are the key financial figures of Signature Bank as of Q1 2021?

As of March 31, 2021, Signature Bank reported $85.4 billion in assets and $74.0 billion in deposits.

Who will represent Signature Bank at the conference?

CEO Joseph J. DePaolo and Senior EVP Eric R. Howell will represent Signature Bank.

What is the stock symbol for Signature Bank?

The stock symbol for Signature Bank is SBNY.