Silvergate Capital Balance Sheet Health
Financial Health criteria checks 5/6
Silvergate Capital has total assets of $11.4B and total equity of $603.2M. Total deposits are $6.3B, and total loans are $408.3M earning a Net Interest Margin of 1.7%. It has insufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $4.6B.
Key information
18.8x
Asset to equity ratio
1.7%
Net interest margin
| Total deposits | US$6.30b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.8% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$4.61b |
Recent financial health updates
Recent updates
Silvergate Capital: Considerable Risk And Short Squeeze Potential
Feb 19Silvergate board member resigns to take executive role at another company
Feb 10State Street reveals 9.3% stake in crypto-focused bank Silvergate Capital
Feb 02Silvergate Capital suspends preferred stock dividend to hold onto cash
Jan 27Silvergate: A Prime Target For Takeover In The Crypto Industry
Jan 17These Analysts Just Made An Downgrade To Their Silvergate Capital Corporation (NYSE:SI) EPS Forecasts
Jan 12
Why I Added To Silvergate After 45.33% Crash
Jan 07Silvergate: Its Depositors Are Filing Chapter 11s
Dec 23Silvergate: The Latest FTX Casualty
Dec 14Silvergate gives mid-quarter update after FTX collapse; stock slips
Nov 16Here's Why Silvergate Capital (NYSE:SI) Has Caught The Eye Of Investors
Nov 16Silvergate Capital: Short Term I Have Questions, Long Term Attractive
Nov 10Miller Value Partners - Silvergate Capital Corp.: Opportunity To Invest In A 40% CAGR Business
Oct 28Silvergate Capital GAAP EPS of $1.28 misses by $0.09, revenue of $89.34M misses by $11M
Oct 18Silvergate Capital: A High-Growth Disruptor
Oct 10Silvergate: A Crypto Stock Trade That's Outperforming
Sep 12This Just In: Analysts Are Boosting Their Silvergate Capital Corporation (NYSE:SI) Outlook for This Year
Jul 24Silvergate Capital Q2 2022 Earnings Preview
Jul 18Silvergate Capital: Reasonable Valuation But A Poor Chart Ahead Of Earnings
Jul 07Here's Why We Think Silvergate Capital (NYSE:SI) Is Well Worth Watching
Mar 28Silvergate Capital: The First Blockchain Bank
Feb 04Silvergate Capital: Riding The Crypto Wave
Nov 18Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SICP's Assets to Equity ratio (18.8x) is moderate.
Allowance for Bad Loans: SICP has a low allowance for bad loans (79%).
Low Risk Liabilities: 59% of SICP's liabilities are made up of primarily low risk sources of funding.
Loan Level: SICP has an appropriate level of Loans to Assets ratio (4%).
Low Risk Deposits: SICP's Loans to Deposits ratio (6%) is appropriate.
Level of Bad Loans: SICP has an appropriate level of bad loans (0.8%).