Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts. Its loan products comprise one-to-four family real estate loans, multi-family real estate loans, commercial real estate loans, construction loans, commercial and industrial loans, mortgage warehouse loans, and reverse mortgage loans, as well as consumer loans and other loans secured by personal property. The company also provides cash management services for digital currency-related businesses. Silvergate Capital Corporation was founded in 1988 and is headquartered in La Jolla, California.
Revenue of Silvergate Capital Corporation (SI)
Revenue in 2022 (TTM): $-936,784,000
According to Silvergate Capital Corporation's latest financial reports the company's current revenue (TTM) is $-936,784,000. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Silvergate Capital Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $-936,784,000 | $-936,784,000 | $ | $-931,169,000 | $-937,910,000 |
| 2021 | $170.89 M | $170.89 M | $ | $85.4 M | $78.53 M |
| 2020 | $88.76 M | $88.76 M | $ | $31.19 M | $26.04 M |
| 2019 | $79.6 M | $79.6 M | $ | $34.67 M | $24.85 M |
| 2018 | $75.6 M | $75.6 M | $34.71 M | $30.4 M | $22.33 M |
| 2017 | $44.03 M | $44.03 M | $21.89 M | $14.43 M | $7.64 M |
| 2016 | $36.38 M | $36.38 M | $20.47 M | $11.77 M | $7.04 M |