Crypto-Friendly Bank Signature Bank to Hit $1.3 Billion Net Income in 2022

Cryptocurrency-friendly bank Signature Bank posted net income of $301 million in the fourth quarter, topping analysts polled by FactSet who estimated net income of just under $299 million, Barrons reported. Earnings of $4.65 per share missed estimates of $4.82 per share. Net income of $1.3 billion in 2022 is an annual record for the company.

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