Silvergate Capital (SI) Tops Q3 EPS by 17c

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Go back to Silvergate Capital (SI) Tops Q3 EPS by 17c

Silvergate Capital Corporation Announces Third Quarter 2021 Results

October 19, 2021 6:25 AM EDT

LA JOLLA, Calif.--(BUSINESS WIRE)-- Silvergate Capital Corporation (Silvergate or Company) (NYSE: SI) and its wholly-owned subsidiary, Silvergate Bank (Bank), today announced financial results for the three and nine months ended September 30, 2021.

Third Quarter 2021 Highlights

Net income available to common shareholders for the quarter was $23.5 million, or $0.88 per diluted share, compared to net income of $20.9 million, or $0.80 per diluted share, for the second quarter of 2021, and net income of $7.1 million, or $0.37 per diluted share, for the third quarter of 2020 The Silvergate Exchange Network (SEN) handled $162.0... More