ICYMI: Analysis of Silvergate Capital’s Q3’22 Earnings
$43.3mm net income for the quarter, a +12.2% gain and +84.3% gain QoQ and YoY, respectively1.677 digital currency customers as of September 30, 2022, a +5.8% gain and +28.5% gain QoQ and YoY, respectivelyDigital asset customer fees contracted to $7.
9mm for Q3’22, a decline and decline QoQ and YoY, respectivelyTo date, Silvergate shares have decline from their $148.20 per share on January 1, 2022Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.
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Silvergate Capital stock falls on Q3 earnings reportSilvergate Capital shares were down following the company's third-quarter earnings release early Thursday.
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Silvergate's Q3 Net Income and Revenue Jumps 73%As of Sept. 30, crypto bank silvergatebank had 1,677 customers, while also growing both its net income and revenue 73% yoy during the third quarter. By parikshitm899
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