Список проголосовавших за комментарий " Signature Bank: Thoughts following Q4 earnings — FBR Capital (150.41)FBR notes the SBNY beat was mostly driven by lower expenses, although fee income also came in a bit better than our expectations. They will look for color on the call on the expense drivers as SBNY has, some years, benefited from a 4Q seasonal true-up in comp expenses, which may have been a contributor. Credit costs remain under modest pressure from SBNY's taxi medallion portfolio, but were no worse than expected. <strong>Firm likes SBNY's robust profitability (31.3% efficiency, 1.2% ROAA, 12.8% ROTCE) and strong loan growth</strong> (21.8% YOY growth in average loans); and they consider shares very attractive, trading at a discount to DFAST peers despite better growth, profitability, and markets."