Silvergate Capital Corporation (SICP)

OTCMKTS: SICP · Delayed Price · USD
+0.11 (12.22%)
Jun 8, 2023, 3:59 PM EDT - Market closed
Market Cap 28.49M
Revenue (ttm) 281.38M
Net Income (ttm) 119.63M
Shares Out 31.80M
EPS (ttm) 3.85
PE Ratio 0.23
Forward PE 3.94
Dividend n/a
Ex-Dividend Date n/a
Volume 518,916
Open 0.95
Previous Close 0.90
Day's Range 0.94 - 1.03
52-Week Range 0.02 - 1.28
Beta 2.23
Analysts n/a
Price Target n/a
Earnings Date n/a

About SICP

Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts. Its loan products comprise one-to-four family real estate loans, multi-family real estate loans, commercial real estate loans, construction loans, commercial and industrial loans, mortgage war... [Read more]

Industry Banks-Regional
Sector Financials
IPO Date Nov 7, 2019
Employees 300
Stock Exchange OTCMKTS
Ticker Symbol SICP
Full Company Profile

Financial Performance

In 2021, SICP's revenue was $174.52 million, an increase of 92.21% compared to the previous year's $90.80 million. Earnings were $75.51 million, an increase of 190.01%.

Financial Statements


Fed orders Silvergate to complete wind-down while protecting depositors, preserving cash

The U.S. Federal Reserve announced Thursday it was ordering Silvergate Bank to implement its previously announced plan to liquidate itself in a way that protects depositors and preserves its funds.

1 week ago - Reuters

NYSE to Suspend Trading in Silvergate Capital Corporation (SI) and Commence Delisting Proceedings

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (...

1 month ago - Business Wire

Did a crypto connection seal the fates of Silicon Valley, Signature and Silvergate banks?

The world of finance is no stranger to controversy, and recent bank failures have attracted significant attention. Analysts and industry insiders are divided over the nature of the incidents — some al...

Other symbols: SBNY
2 months ago - Market Watch

Silvergate Capital shares jump as SVB deal news lifts banking shares on Monday

Shares of Silvergate Capital Corp. SI, +52.21% climbed 18% in premarket trading on Monday, in step with a rise for most banking shares following news that failed Silicon Valley Bank has found a buyer....

Other symbols: SIVB
2 months ago - Market Watch

Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups

As crypto companies have scrambled to establish new bank relationships, industry executives say they have received a positive reception from some regional banks.

2 months ago - WSJ

4 banks have collapsed in less than a month. Here's what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.

Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Silicon Valley Bank, Signature and Credit Suisse.

Other symbols: CSSBNYSIVB
2 months ago - Business Insider

NYSE has told Silvergate it is not in compliance with listing rules, following delay of annual report filing

Silvergate Capital Corp. SI, -18.05% on Monday said it had received a letter from the New York Stock Exchange notifying the company that it had breached the exchange's listing standards after the bank...

2 months ago - Market Watch

Silvergate Capital Corporation Receives Non-Compliance Notice from NYSE Regarding 10-K Filing

LA JOLLA, Calif.--(BUSINESS WIRE)--Silvergate Capital Corporation (“Silvergate” or “Company”) (NYSE:SI), the holding company for Silvergate Bank (“Bank”), today announced that on March 17, 2023 it rec...

2 months ago - Business Wire

US sees deposits stabilizing as some regional banks reel

A U.S. official said on Sunday that the deposit outflows that left many regional banks reeling in the wake of Silicon Valley Bank's failure had slowed and in some cases reversed, as investors tried to...

Other symbols: PACWWAL
2 months ago - Reuters

Credit Suisse chairman says Silicon Valley Bank crisis looks 'local and contained'

On Friday, SVB was taken over by regulators after massive withdrawals a day earlier effectively created a bank run.

3 months ago - CNBC

Silvergate, SVB bank failures created ‘a huge problem' for crypto: Strategist

Kavita Gupta, Delta Blockchain Fund General Partner, joins Yahoo Finance Live anchors Dave Briggs and Seana Smith to talk about the collapses of Silicon Valley Bank and Silvergate, what they mean for ...

Other symbols: SIVB
3 months ago - Yahoo Finance

What happened to Silvergate Capital? And why does it matter?

Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse earlier this week. The news came just a week after the firm delayed its annual report to t...

3 months ago - Market Watch

Crypto bank Signature slides on Friday amid troubles at Silicon Valley Bank, Silvergate

Signature Bank shares dropped as much as 32% on Friday and were halted amid a sell-off in bank stocks that continued for a second day.

Other symbols: SBNYSIVB
3 months ago - CNBC

Silvergate Was a Payday for Short Sellers. They May Bear Some Blame for the Bank's Collapse.

Silvergate Bank's implosion came after a bank run. Bearish traders voicing concerns bout the group fueled the crisis, said analysts at J.P.

3 months ago - Barrons

Cramer open minded on the banks because his charitable trust just doesn't have enough

Mad Money host Jim Cramer looks at what's going on with the banks.

Other symbols: CS
3 months ago - CNBC Television

Silvergate Fallout Weighs on Crypto

Ava Labs President John Wu joins Ed Ludlow and Caroline Hyde to discuss the Silvergate meltdown's impact on the crypto space, and Avalanche's foray into gaming by partnering with Blitz and TSM. ------...

3 months ago - Bloomberg Technology

Keep an eye on banks, economic data, Jim Cramer says

Economic data over the coming weeks could have a big impact on bank and tech stocks, Jim Cramer said.

Other symbols: SIVBSLGVNO
3 months ago - CNBC

Silvergate's ‘hand was forced' in sale of crypto securities to cover deposit outflows: Analyst

Wedbush Securities Managing Director of Equity Research David Chiaverini joins Yahoo Finance Live to talk about Silvergate's collapse, stablecoins, and the current state of the cryptocurrency market.

3 months ago - Yahoo Finance

Bitcoin tumbles, as Silvergate Bank's collapse highlights the biggest threat to U.S. crypto industry

Hello! Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch.

3 months ago - Market Watch

Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector

"This adds to concerns of higher deposit costs, weakening loan demand, potentially weakening credit cycle and weakness in commercial real estate."

3 months ago - Business Insider

Silvergate's shiny hinges have rusted as the crypto bank plans to shut down

On Wednesday, Silvergate Capital, a publicly traded crypto bank, shared that it would “wind down operations and voluntarily liquidate” its bank division.

3 months ago - TechCrunch

Instant View: Silvergate's planned liquidation fuels another crypto rout

Silvergate Capital Corp , one of the biggest banks in the cryptocurrency industry, said on Wednesday it was planning to wind down operations and liquidate voluntarily.

3 months ago - Reuters

Silvergate Stock Sinks on Liquidation News

Silvergate Capital stock is spiraling after the financial firm said it's shutting down operations at its crypto-friendly subsidiary.

3 months ago - Kiplinger

Silvergate's Woes Are Sending Signature Stock Lower, but It Might Be a Buy

Shares of Signature Bank, which has a significant crypto client base, are being weighed down amid the Silvergate implosion. It could be an opportunity for the risk-tolerant.

3 months ago - Barrons

Silvergate Capital and Silicon Valley Bank plummet

CNBC's Deirdre Bosa discusses Silvergate Capital and Silicon Valley Bank.

Other symbols: SIVB
3 months ago - CNBC Television