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Silvergate Capital Corporation
Silvergate Capital Corporation (NYSE: SI) is a holding company for Silvergate Bank (the Bank), which provides commercial banking, commercial and residential real estate financing, mortgage warehouse lending, and commercial business lending. Furthermore, the Bank offers a diverse range of deposit products and services. The Bank's Silvergate Exchange Network (SEN) is a near-instantaneous payment network for participants in the digital currency sector and a platform for developing new products and services.
Key Highlights
Valuation Methodology: Price/Book Value Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's FY1 trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
Stock Recommendation:
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