Silvergate Capital (SI) Tops Q2 EPS by 28c
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Silvergate Capital Corporation Announces Second Quarter 2022 Results
July 19, 2022 6:25 AM EDTLA 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 six months ended June 30, 2022.
Second Quarter 2022 Highlights
Net income for the quarter was $38.6 million, compared to $27.4 million for the first quarter of 2022, and $20.9 million for the second quarter of 2021 Net income available to common shareholders for the quarter was $35.9 million, or $1.13 per diluted common share, compared to net income of $24.7 million, or $0.79 per diluted share, for the first... More