Silvergate Capital Corporation (SICP)
Silvergate Capital Corporation operates in the Banks - Regional industry of the Financial Services sector, headquartered in La Jolla, CA, US. The stock last traded at $0.41, down 2.38% on the session, giving a market capitalisation of $13.2M. On trailing twelve-month figures it carries a trailing P/E of -0.01, a net margin of 178.9%. Its beta of 4.38 implies it has historically moved more than the broad market.
Silvergate Capital Corporation acts as the parent entity for Silvergate Bank, delivering a broad spectrum of banking and financial services to both commercial enterprises and individual customers across the United States. The company facilitates various deposit accounts, including checking accounts (with and without interest), money market accounts, savings accounts, and certificates of deposit. Furthermore, Silvergate offers an extensive range of lending solutions. These encompass numerous real estate loans, such as financing for single-family residences, multi-family dwellings, commercial properties, and construction projects, in addition to mortgage warehouse and reverse mortgage loans. The bank also provides commercial and industrial loans, consumer loans, and other forms of credit backed by personal assets. A key specialization of the corporation is its provision of tailored cash management services for companies involved with digital currencies. Silvergate Capital Corporation was established in 1988 and is headquartered in La Jolla, California.
Silvergate Capital Corporation is most often compared with the following Financial Services names: