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Silvergate Q2’22 Earnings Update

Silvergate Q2’22 Earnings Update

Quick Take

  • Market intelligence series includes our latest on Celsius, Voyager and BlockFi
  • Silvergate Capital closed at $79.60 per share, reflecting a +22.4% rally on today’s earnings
  • $35.9mm Q2’22 Net Income, +45% on Q1’22 and +72% on Q2’21
  • $79.8mm Q2’22 Revenue, +33% on Q1’22 and +88% on Q2’21 and a +11% beat on $71.6mm consensus
  • $1.13 Diluted EPS, +43% on Q1’22 and +41% on Q2’21 and a +35% beat on $0.85 consensus 
  • Announced a $13.44 dividend per share on July 11, 2022

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Author: Greg Lim


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