SI * Stock Overview
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.
Silvergate Capital Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1,971.19|
|52 Week High||US$4,909.00|
|52 Week Low||US$1,150.00|
|1 Month Change||42.32%|
|3 Month Change||-28.43%|
|1 Year Change||-4.31%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-25.13%|
Recent News & Updates
|SI *||MX Banks||MX Market|
Return vs Industry: SI * matched the MX Banks industry which returned -4.7% over the past year.
Return vs Market: SI * underperformed the MX Market which returned 0.9% over the past year.
|SI * volatility|
|SI * Average Weekly Movement||n/a|
|Banks Industry Average Movement||4.9%|
|Market Average Movement||4.6%|
|10% most volatile stocks in MX Market||7.5%|
|10% least volatile stocks in MX Market||2.9%|
Stable Share Price: Insufficient data to determine SI *'s volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SI *'s volatility change over the past year.
About the Company
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.
Silvergate Capital Fundamentals Summary
|SI * fundamental statistics|
Is SI * overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SI * income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||3.24|
|Net Profit Margin||42.15%|
How did SI * perform over the long term?See historical performance and comparison
Is SI * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SI *?
Other financial metrics that can be useful for relative valuation.
|What is SI *'s n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SI *'s PE Ratio compare to its peers?
|SI * PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
R A Regional. de
BBAJIO O Banco del Bajío Institución de Banca Múltiple
BSMX B Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México
GFINBUR O Grupo Financiero Inbursa. de
SI * Silvergate Capital
Price-To-Earnings vs Peers: SI * is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (8.9x).
Price to Earnings Ratio vs Industry
How does SI *'s PE Ratio compare vs other companies in the South American Banks Industry?
Price-To-Earnings vs Industry: SI * is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the MX Banks industry average (8.7x)
Price to Earnings Ratio vs Fair Ratio
What is SI *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||26.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SI *'s Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SI * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SI * (MX$1971.19) is trading below our estimate of fair value (MX$2545.28)
Significantly Below Fair Value: SI * is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Silvergate Capital forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SI *'s forecast earnings growth (36.7% per year) is above the savings rate (7.2%).
Earnings vs Market: SI *'s earnings (36.7% per year) are forecast to grow faster than the MX market (9.5% per year).
High Growth Earnings: SI *'s earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SI *'s revenue (32.7% per year) is forecast to grow faster than the MX market (6.1% per year).
High Growth Revenue: SI *'s revenue (32.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SI *'s Return on Equity is forecast to be low in 3 years time (17.1%).
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How has Silvergate Capital performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SI * has high quality earnings.
Growing Profit Margin: SI *'s current net profit margins (42.1%) are higher than last year (40.5%).
Past Earnings Growth Analysis
Earnings Trend: SI *'s earnings have grown significantly by 45.9% per year over the past 5 years.
Accelerating Growth: SI *'s earnings growth over the past year (105.7%) exceeds its 5-year average (45.9% per year).
Earnings vs Industry: SI * earnings growth over the past year (105.7%) exceeded the Banks industry 42.8%.
Return on Equity
High ROE: SI *'s Return on Equity (7.8%) is considered low.
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How is Silvergate Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SI *'s Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: SI * has a sufficient allowance for bad loans (118%).
Low Risk Liabilities: 94% of SI *'s liabilities are made up of primarily low risk sources of funding.
Loan Level: SI * has an appropriate level of Loans to Assets ratio (4%).
Low Risk Deposits: SI *'s Loans to Deposits ratio (4%) is appropriate.
Level of Bad Loans: SI * has an appropriate level of bad loans (0.6%).
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What is Silvergate Capital current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SI *'s dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SI *'s dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SI *'s dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SI *'s dividend payments have been increasing.
Current Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SI *'s dividend in 3 years as they are not forecast to pay a notable one for the MX market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alan Lane (60 yo)
Mr. Alan J. Lane serves as President, CEO & Director of Silvergate Bank. He serves as Director and Chief Executive Officer of Silvergate Capital Corporation and serves as its President and has been with th...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD1.88M) is about average for companies of similar size in the MX market ($USD2.38M).
Compensation vs Earnings: Alan's compensation has increased by more than 20% in the past year.
Experienced Management: SI *'s management team is considered experienced (4.5 years average tenure).
Experienced Board: SI *'s board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.2%.
Silvergate Capital Corporation's employee growth, exchange listings and data sources
- Name: Silvergate Capital Corporation
- Ticker: SI *
- Exchange: BMV
- Founded: 1988
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$2.736b
- Listing Market Cap: US$56.225b
- Shares outstanding: 31.63m
- Website: https://www.silvergate.com
Number of Employees
- Silvergate Capital Corporation
- 4250 Executive Square
- Suite 300
- La Jolla
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/24 00:00|
|End of Day Share Price||2022/07/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.