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Silvergate Capital ROE %

: 9.68% (As of Jun. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Silvergate Capital's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2022 was $143.7 Mil. Silvergate Capital's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $1,484.9 Mil. Therefore, Silvergate Capital's annualized ROE % for the quarter that ended in Jun. 2022 was 9.68%.

The historical rank and industry rank for Silvergate Capital's ROE % or its related term are showing as below:

SI' s ROE % Range Over the Past 10 Years
Min: 7.86   Med: 10.81   Max: 16.85
Current: 7.86

During the past 6 years, Silvergate Capital's highest ROE % was 16.85%. The lowest was 7.86%. And the median was 10.81%.

SI's ROE % is ranked worse than
65.16% of 1464 companies
in the Banks industry
Industry Median: 9.88 vs SI: 7.86

Silvergate Capital ROE % Historical Data

The historical data trend for Silvergate Capital's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Premium Member Only 10.95 16.85 11.77 9.91 7.94

Silvergate Capital Quarterly Data
Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.57 9.67 5.48 6.26 9.68

Competitive Comparison

For the Banks - Regional subindustry, Silvergate Capital's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Silvergate Capital ROE % Distribution

For the Banks industry and Financial Services sector, Silvergate Capital's ROE % distribution charts can be found below:

* The bar in red indicates where Silvergate Capital's ROE % falls into.



Silvergate Capital ROE % Calculation

Silvergate Capital's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=75.512/( (294.299+1608.836)/ 2 )
=75.512/951.5675
=7.94 %

Silvergate Capital's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=143.668/( (1546.496+1423.219)/ 2 )
=143.668/1484.8575
=9.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Silvergate Capital  (NYSE:SI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=154.42/1484.8575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(154.42 / 313.108)*(313.108 / 15849.2535)*(15849.2535 / 1484.8575)
=Net Margin %*Asset Turnover*Equity Multiplier
=49.32 %*0.0198*10.6739
=ROA %*Equity Multiplier
=0.98 %*10.6739
=10.40 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=154.42/1484.8575
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (154.42 / 196.832) * (196.832 / 0) * (0 / 313.108) * (313.108 / 15849.2535) * (15849.2535 / 1484.8575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7845 * N/A * 0 % * 0.0198 * 10.6739
=10.40 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Silvergate Capital ROE % Related Terms

Thank you for viewing the detailed overview of Silvergate Capital's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Silvergate Capital Business Description

Silvergate Capital logo
Traded in Other Exchanges
Address
4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of innovative financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
Executives
Rettig Rebecca director 4250 EXECUTIVE SQUARE, SUITE 300 LA JOLLA CA 92037
Gupta Aanchal director 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Sullivan Colleen director 420 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Paik Son-jai officer: EVP & Chief HR Officer 822 BISHOP STREET HONOLULU HI 96813
Campbell Robert Charles director 4250 EXECUTIVE SQUARE, SUITE 300 LA JOLLA CA 92037
Martino Antonio officer: CFO 4250 EXECUITVE SQUARE SUITE 300 LA JOLLA CA 92037
Fraher Kathleen officer: EVP & COO 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Simmons William Paul officer: Executive VP 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Reynolds Ben officer: EVP 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Bonino John M. officer: EVP & Chief Legal Officer 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 02037
Lempres Michael director 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Colucci Paul D. director 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Reed Scott A. director 901 E. CARY STREET ONE JAMES CENTER, SUITE 1700 RICHMOND VA 23219
Frank Dennis S director 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037
Brassfield Karen F. director 4250 EXECUTIVE SQUARE SUITE 300 LA JOLLA CA 92037

Silvergate Capital Headlines

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