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Stock impact report

Silvergate Capital Corporation Announces Third Quarter 2019 Results

Silvergate Capital Corporation Class A (SI) 
Last silvergate capital corporation class a earnings: 4/29 06:25 am Check Earnings Report
US:NYSE Investor Relations: siemens.com/investor
Company Research Source: Business Wire
LA JOLLA, Calif.--(BUSINESS WIRE)--Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE:SI) and its wholly-owned subsidiary, Silvergate Bank (the “Bank”), today announced financial results for the period ended September 30, 2019.Third Quarter 2019 Financial HighlightsNet income for the quarter was $6.7 million, or $0.36 per diluted share, compared to net income of $5.2 million, or $0.28 per diluted share, for the second quarter of 2019, and net income of $6.3 million, or $0.34 per diluted share, for the third quarter of 2018Digital currency customers grew to 756 in the third quarter from 655 at June 30, 2019, and from 483 at September 30, 2018The Silvergate Exchange Network (“SEN”) handled $10.4 billion of U.S. dollar transfers in the third quarter as compared to $8.6 billion in the second quarter of 2019, and $1.7 billion in the third quarter of 2018Digital currency customer related fee income for the quarter was $1.6 million as compared to $1.1 million in the sec Show less Read more
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