Advertisement
Silvergate Capital Q3 Profit Soars
RTTNews
|
921 days ago

(RTTNews) - Silvergate Capital Corp. (SI) on Tuesday reported net income available to common shareholders for the third quarter of $40.64 million or $1.28 per share, sharply higher than $23.49 million or $0.88 per share in the year-ago quarter.
Net interest income for the quarter surged to $84.72 million from $39.0 million in the prior-year quarter. Non-interest income declined to $8.45 million from $14.04 million in the same period last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.38 per share on revenues of $100.35 million for the quarter. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
Swiss Franc Recovers Against Majors
The Swiss franc recovered against its major counterparts in the New York session on Friday.
RTTNews
|
16h 24min ago
Euro Advances Against Most Majors
The euro climbed against its most major counterparts in the New York session on Friday.
RTTNews
|
17h 16min ago
Canadian Market Slightly Lower In Cautious Trade
After three successive days of gains, the Canadian market is exhibiting weakness on Friday and looks set to end the day's session on a negative note.
RTTNews
|
19h 1min ago
Swiss Market Ends Modestly Higher
The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
RTTNews
|
19h 22min ago
European Stocks Close Higher
Despite lingering uncertainty about U.S. government's trade policy, European stocks closed higher on Friday, with German and French markets gaining for a fourth straight session, and the U.K. moving up for the tenth consecutive session, as investors focused on earnings.
RTTNews
|
19h 40min ago
U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated modestly less than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was upwardly revised to 52.2 from a preliminary reading of 50.8. Economists had expected the index to be unrevised.
RTTNews
|
21h 58min ago
Russia Holds Key Interest Rate As Expected
The Bank of Russia left its interest rate unchanged as widely expected on Friday, despite high inflationary pressures. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record high 21.00 percent. The Russian central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews
|
22h 21min ago
UK Retail Sales Rise; Consumer Sentiment Weakens
UK retail sales grew unexpectedly in March as good weather boosted demand for clothing and garden supplies, but U.S. President Donald Trump's tariff threats and concerns of higher inflation dampened consumer sentiment, data showed Friday. Retail sales grew 0.4 percent on a monthly basis, confounding expectations for a decline of 0.3 percent.
RTTNews
|
23h 8min ago