• Signature Bank (Nasdaq: SBNY) released its 2022 Form 10-K on March 1, 2023.
• Signature Bank is a full-service commercial bank with 40 private client offices throughout the US.
• The bank offers services such as asset management, insurance products, and real-time payments platform Signet™.
Signature Bank Releases 2022 Form 10-K
Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the filing of its 2022 Form 10-K on March 1, 2023 for the fiscal year ended December 31, 2022. The Form 10-K can be found on the Signature Bank website here.
About Signature Bank
Signature Bank, member FDIC, is a New York-based full-service commercial bank with 40 private client offices throughout the metropolitan New York area, as well as those in Connecticut, California, Nevada, 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 which is a licensed broker–dealer , investment adviser and member FINRA/SIPC providing investment brokerage , asset management , and insurance products and services .
Signet™: Real Time Payments Platform
Signature was also the first FDIC insured bank to launch a blockchain based digital payments platform Signet™ allowing commercial clients to make real time payments in U.S dollars 24/7/365 . It was also approved by NYS Department of Financial Services for use .
Financial Performance
Since commencing operations in May 2001 , Signature Bank reported $110.36 billion in assets and $88.59 billion in deposits as of December 31 , 2022 . As per S&P Global’s list of largest banks based on deposits at year end 2021 , it placed 19th position .
Conclusion
For more information please visit https://www.signatureny.com