SICP (Silvergate Capital) Pretax Margin %: 64.60% (As of Sep. 2022)


SICP Silvergate Capital Corp SICP
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What is Silvergate Capital Pretax Margin %?

Silvergate Capital SICP 12 Pretax Margin % is 64.60% as of Sep. 2022. GuruFocus rates SICP with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Silvergate Capital's Pre-Tax Income for the three months ended in Sep. 2022 was $56.79 Mil. Silvergate Capital's Revenue for the three months ended in Sep. 2022 was $87.91 Mil. Therefore, Silvergate Capital's pretax margin for the quarter that ended in Sep. 2022 was 64.60%.

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


SICP's Pretax Margin % is not ranked *
in the Banks industry.
Industry Median: 34.885
* Ranked among companies with meaningful Pretax Margin % only.

Silvergate Capital  (OTCPK:SICP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Silvergate Capital Pretax Margin % Related Terms


Silvergate Capital Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Silvergate Capital's Pretax Margin % 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.

Silvergate Capital Pretax Margin % Chart

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial 40.21 43.56 35.15 49.98 152.78

Silvergate Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Pretax Margin % Get a 7-Day Free Trial 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 48.91 58.57 62.86 64.60 128.43

SICP vs LBNW, TCNB, FRCB: Pretax Margin % Comparison

For the Banks - Regional subindustry, Silvergate Capital's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry

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

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


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Silvergate Capital Corp SICP
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Silvergate Capital Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Silvergate Capital's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=85.403/170.891
=49.98 %

Silvergate Capital's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=56.79/87.911
=64.60 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 64.60% mean?
Silvergate Capital (SICP) has a Pretax Margin % of 64.60% as of Sep. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Silvergate Capital and its competitors.
Is Silvergate Capital's Pretax Margin % too high?
Silvergate Capital's current Pretax Margin % is 64.60%. The Banks industry median Pretax Margin % is 34.89. Silvergate Capital's value of 64.60% is 85.2% above this industry median. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's Pretax Margin % compare to LBNW and TCNB?
Silvergate Capital's Pretax Margin % of 64.60% can be compared against companies in the Banks industry. The industry median Pretax Margin % is 34.89. Silvergate Capital's value of 64.60% is 85.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.89, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Silvergate Capital's current Pretax Margin % of 64.60% is 85.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Silvergate Capital and its competitors. For the Banks industry, the median Pretax Margin % is 34.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvergate Capital's current Pretax Margin % is 64.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (SICP) has a current Pretax Margin % of 64.60%. The current Pretax Margin % is 64.60% and 85.2% above the Banks industry median of 34.89. Silvergate Capital's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Silvergate Capital (SICP), the current Pretax Margin % is 64.60% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various 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.
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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