Signature Bank stock carries a receivership legacy into October 2026

Published on 10/05/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Signature Bank stock remains tied to a receivership that began on March 12, 2023. The bank held USD 110.36 billion in assets at year-end 2022.

SBNY, US82669G1040, Illustration mit AI erstellt.

Signature Bank stock (ISIN US82669G1040) remains tied to a receivership legacy that includes USD 110.36 billion in assets and USD 88.59 billion in deposits at the end of 2022. The bank was closed on March 12, 2023, after New York regulators appointed the FDIC as receiver, according to EdgeChat.

Receivership defines the equity story

Signature had been listed on Nasdaq under the SBNY symbol since its March 2004 initial public offering, but the resolution transferred deposits and substantially all assets to Signature Bridge Bank, according to EdgeChat. The source states that equity and bondholders lost their investment after the bank's closure.

The deposit profile helps explain the speed of the resolution. Uninsured deposits represented 89.3 percent of deposits at closure, while cryptocurrency-related deposits accounted for 30 percent by February 2023, according to the same company history published by EdgeChat.

Asset sales continue into October

Flagstar Bank assumed substantially all deposits and selected loan portfolios from Signature Bridge Bank on March 20, 2023. The transaction excluded USD 60 billion in loans and USD 4 billion in digital-asset banking deposits, which were handled separately, according to EdgeChat.

The receivership also remains visible in property enforcement. An East Harlem building tied to a Signature Bank loan is scheduled for auction on October 6, 2026, under a USD 10,548,529.53 judgment, as reported by The American Developer.

Stock identity and resolution record

The SBNY identifier and ISIN US82669G1040 are listed together for Signature Bank by Borse Express. For investors reviewing the security, the decisive figures are the March 12, 2023 closure date, the March 20, 2023 Flagstar transaction and the USD 110.36 billion asset base reported at year-end 2022.