SBNY (Signature Bank) Tax Provision: $-418 Mil (TTM As of Dec. 2022)

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SBNY Signature Bank SBNY
12 GF Score
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What is Signature Bank Tax Provision?

Signature Bank SBNY +9.38% 12 Tax Provision is $-418 Mil as of Dec. 2022. GuruFocus rates SBNY with a GF Score™ of 12/100.

Signature Bank's tax provision for the three months ended in Dec. 2022 was $-107 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2022 was $-418 Mil.

Signature Bank Tax Provision Historical Data

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The historical data trend for Signature Bank's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Signature Bank Tax Provision Chart

Signature Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -194.31 -234.92 -203.83 -329.33 -418.36

Signature Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -106.56 -73.35 -133.27 -104.75 -106.98
SBNY
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Signature Bank SBNY
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Signature Bank Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-418 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-418 Mil mean?
Signature Bank (SBNY) has a Tax Provision of $-418 Mil as of Dec. 2022. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Signature Bank and its competitors.
Is Signature Bank's Tax Provision too high?
Signature Bank's current Tax Provision is $-418 Mil. Overall, Signature Bank has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Signature Bank's Tax Provision compare to FSWA and FSTF?
Signature Bank's Tax Provision of $-418 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Banks company?
A good Tax Provision depends on the Banks industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Signature Bank and its competitors. Signature Bank's current Tax Provision is $-418 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Bank stock overvalued right now?
Signature Bank (SBNY) has a current Tax Provision of $-418 Mil. The current Tax Provision is $-418 Mil. Signature Bank's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Signature Bank (SBNY), the current Tax Provision is $-418 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Signature Bank Business Description

Other Exchanges SBNYL.PFD:USA
Address 565 Fifth Avenue, New York, NY, USA, 10017
Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.
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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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