Crypto-Follow logo Crypto-Follow logo
TheBlock 2020-01-29 16:06:06

Crypto-friendly Silvergate Bank’s Q4 net income fell 55% year-over-year but it beat street estimates

Silvergate Bank – which counts major crypto exchanges Coinbase, Gemini and Kraken as clients – reported that it had 804 crypto-related clients at the end of 2019, adding 48 during the final quarter alone. On the net income side, the bank earned $3.6 million in Q4 2019 compared to $6.7 million in Q3. On a […]The post Crypto-friendly Silvergate Bank’s Q4 net income fell 55% year-over-year but it beat street estimates appeared first on The Block.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer