UPDATE: Goldman Sachs Upgrades Silvergate Capital Corp. (SI) to Buy
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Silvergate Capital Corporation Announces Fourth Quarter 2021 Results
January 18, 2022 6:25 AM ESTLA 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 twelve months ended December 31, 2021.
Fourth Quarter 2021 Highlights
Net income for the quarter was $21.4 million, compared to $23.5 million for the third quarter of 2021, and $9.1 million for the fourth quarter of 2020 Net income available to common shareholders for the quarter was $18.4 million, or $0.66 per diluted common share, compared to net income of $23.5 million, or $0.88 per diluted share, for the third... More
