- Net loss of $78.7 million, or a loss of $3.92 per diluted share, which included a one-time non-cash expense for goodwill impairment of $64.3 million, the change in fair value for the contingent value rights earnout of $17.3 million and a one-time expense of $7.5 million related to the closing of the Agrico business combination and Nasdaq listing.
Wells Fargo Maintains Overweight on Signature Bank, Raises Price Target to $400
Wells Fargo analyst Jared Shaw maintains Signature Bank (NASDAQ:SBNY) with a Overweight and raises the price target from $390 to $400.