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Savi Financial Corporation, Inc. (SVVB)

OTC Financial Services Banks - Regional
$17.60 ▲ +0.00%
Market Cap
$61.0M
Sector
Financial Services
Industry
Banks - Regional
Beta
0.36
52-Wk Range
15.05-18.0823
CEO
Michal D. Cann
Country
US
Currency
USD

Savi Financial Corporation, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Burlington, WA, US. The stock last traded at $17.60, up 0.00% on the session, giving a market capitalisation of $61.0M. On trailing twelve-month figures it carries a trailing P/E of -51.76, a net margin of -5.2%. Its beta of 0.36 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-51.76
Price / Sales
2.63
Price / Book
1.69
EV / EBITDA
79.93
Gross margin
100.0%
Operating margin
-0.5%
Net margin
-5.2%
Return on equity
Debt / equity
1.91
Current ratio
0.10
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
142
IPO date
2018-04-04
Headquarters
Burlington, WA, US
About Savi Financial Corporation, Inc.

Savi Financial Corporation, Inc. serves as the financial holding company for SaviBank, providing a comprehensive array of commercial banking products and services. Its clientele includes individuals, small enterprises, and mid-sized firms primarily located within the Skagit, Island, and Whatcom counties of the United States. The institution offers standard deposit accounts, such as checking, savings, and money market accounts, along with certificates of deposit and individual retirement accounts. For its business customers, the corporation extends various financing options, including commercial real estate loans, term loans, government-guaranteed small business lending, SBA disaster relief loans, and commercial lines of credit. Personal banking customers can access residential mortgages, vehicle loans (covering cars, boats, and other recreational vehicles), and both fixed-rate and revolving home equity loans. Additionally, Savi Financial provides a suite of other services, such as remote deposit capture, merchant card services, and robust cash management solutions like ACH transactions, account transfers, bill payment, and online wire transfers. The company also issues credit and debit cards and offers digital banking capabilities. Operations are conducted through nine branch locations situated in Anacortes, Burlington, Bellingham, Concrete, Mt. Vernon, Oak Harbor, Sedro-Woolley, and Freeland, Washington. Savi Financial Corporation, Inc. was established in 2005 and is headquartered in Burlington, Washington.

Comparable companies

Savi Financial Corporation, Inc. is most often compared with the following Financial Services names:

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