Recap: Silvergate Capital Q3 Earnings

Shares of Silvergate Capital SI were unchanged in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 2.78% over the past year to $0.37, which beat the estimate of $0.22.

Revenue of $22,890,000 higher by 8.78% year over year, which beat the estimate of $20,550,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Silvergate Capital hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 26, 2020

Time: 11:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/si/mediaframe/41395/indexr.html

Recent Stock Performance

52-week high: $20.99

52-week low: $7.60

Price action over last quarter: Up 39.76%

Company Profile

Silvergate Capital Corp is a provider of innovative financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.