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Signature Bank weathered headwinds in its taxi medallion portfolio to post double-digit growth in profits and net interest income during the fourth quarter of 2016.
Net income for the $39 billion-asset bank was $113.9 million, up 10.6% from the fourth quarter of 2015. Earnings per share increased 5%, to $2.11.
Thanks largely to growth in average interest-earning assets, Signature's net interest income...
