customized, not cookie-cutter silvergate bank is dedicated to providing the highest level of personal service to our customers. a commitment to customized banking solutions that satisfy both current and long-term needs is redefining the way our bank partners with companies and individuals. - banking in san diego for 25 years - dedicated business focus - local decision making - customer-centric philosophy real people, real impact personal relationships and the resources to make a substantial positive impact on client operations define silvergate bank as we find new and better ways to deliver the very best in service and value. we invite you to join us on the leading edge of business banking. business banking, redefined.
Company profile
Ticker
SICP, SICP
Exchange
Website
CEO
Alan Lane
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
SICP stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
4 Jan 24
EFFECT
Notice of effectiveness
4 Jan 24
15-12G
Securities registration termination
2 Jan 24
POSASR
Automatic shelf registration (post-effective amendment)
1 Dec 23
POSASR
Automatic shelf registration (post-effective amendment)
1 Dec 23
POS AM
Prospectus update (post-effective amendment)
1 Dec 23
POS AM
Prospectus update (post-effective amendment)
1 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Dec 23
8-K
Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s
22 Nov 23
Transcripts
SICP
Earnings call transcript
2022 Q4
17 Jan 23
SICP
Earnings call transcript
2022 Q3
18 Oct 22
SICP
Earnings call transcript
2022 Q2
19 Jul 22
SICP
Earnings call transcript
2022 Q1
19 Apr 22
SICP
Earnings call transcript
2021 Q4
18 Jan 22
SICP
Earnings call transcript
2021 Q3
19 Oct 21
SICP
Earnings call transcript
2021 Q2
20 Jul 21
SICP
Earnings call transcript
2021 Q1
20 Apr 21
SICP
Earnings call transcript
2020 Q3
26 Oct 20
SICP
Earnings call transcript
2020 Q2
27 Jul 20
Latest ownership filings
SC 13G/A
JANE STREET GROUP, LLC
12 Feb 24
4
Kathleen Fraher
21 Nov 23
11-K
Annual report of employee stock purchases
13 Oct 23
NT 11-K
Notice of inability to timely file Form 11-K
30 Jun 23
4
Karen F. Brassfield
12 Jun 23
4
Aanchal Gupta
12 Jun 23
4
Paul D. Colucci
12 Jun 23
4
Scott A. Reed
12 Jun 23
4
THOMAS C DIRCKS
12 Jun 23
4
Michael Lempres
12 Jun 23
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn | 1.89 bn |
Cash burn (monthly) | 2.32 mm | 158.14 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 43.79 mm | 2.98 bn | n/a | n/a | n/a | n/a |
Cash remaining | 1.84 bn | -1.10 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 793.8 | -6.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
16.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 0 |
Closed positions | 14 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 74.36 mm |
Total shares | 5.10 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Susquehanna Securities | 2.37 mm | $0.00 |
Citadel Securities GP | 1.73 mm | $0.00 |
BankCap Equity Fund | 1.00 mm | $74.31 mm |
FNY Investment Advisers | 5.00 k | $0.00 |
Russell Investments | 269.00 | $40.00 k |
Financial Management Professionals | 200.00 | $0.00 |
Tucker Asset Management | 88.00 | $13.00 k |
Roble, Belko & Company | 14.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Nov 23 | Kathleen Fraher | Class A Common Stock | Payment of exercise | Dispose F | No | No | 0.3022 | 491 | 148.38 | 12,080 |
19 Nov 23 | Kathleen Fraher | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,203 | 0.00 | 12,571 |
19 Nov 23 | Kathleen Fraher | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 1,203 | 0.00 | 0 |
10 Jun 23 | Lempres Michael | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,013 | 0.00 | 6,076 |
10 Jun 23 | Lempres Michael | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 1,013 | 0.00 | 0 |
10 Jun 23 | Dircks Thomas C | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,013 | 0.00 | 16,508 |
10 Jun 23 | Dircks Thomas C | RSU Class A Common Stock | Grant | Dispose A | No | No | 0 | 1,013 | 0.00 | 0 |
10 Jun 23 | Reed Scott A. | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,013 | 0.00 | 23,850 |
10 Jun 23 | Reed Scott A. | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 1,013 | 0.00 | 0 |
10 Jun 23 | Brassfield Karen F. | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,013 | 0.00 | 14,985 |