Silvergate Capital closes doors: what it means for Silvergate Capital stock
Published on 10/14/2026 at 06:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWind down and OTC valuation
- Silvergate Capital was described as closing its doors on October 12, 2026.
- The company had a USD 20.5 million market capitalization on October 12, 2026.
- Silvergate Capital stock was last quoted at USD 0.55 on October 12, 2026.
Silvergate Capital (US82837P4081) was described as closing its doors in a TechCentral report dated October 12, 2026. The report marks the latest public description of the wind down of the former crypto-focused banking group.
What the wind down means
Webull describes Silvergate Capital as having ceased its banking operations and as no longer engaged in business activities. That status changes the investor question from operating growth to the value of the remaining corporate shell and its liabilities.
Stock Analysis lists trailing twelve-month revenue at negative USD 600.95 million and net income at negative USD 948.66 million. Those figures are historical trailing metrics, while the October 12, 2026 market capitalization was USD 20.5 million.
OTC valuation remains the key signal
Silvergate Capital stock was last quoted at USD 0.55 on OTC Markets on October 12, 2026 at 4:00 p.m. ET, according to the dated quote page from Stock Analysis. The same page showed a 52-week range of USD 0.05 to USD 1.00, placing the quoted price USD 0.45 below the yearly high.
The OTC listing and the USD 20.5 million market value provide the clearest measurable context for the stock after the banking operation ended. MarketWatch classifies the company in financial services and banking and identifies SICP as its OTC symbol.
Wind down leaves a shell valuation
The combination of ceased banking operations, negative trailing revenue of USD 600.95 million and a USD 20.5 million market capitalization leaves the market focused on residual assets, obligations and corporate actions rather than bank earnings. The October 12, 2026 report therefore matters chiefly because it frames the stock as a wind down situation, while the OTC quote supplies the measurable valuation reference.
Market context: Market report S&P 500.
Silvergate Capital key facts
- Company: Silvergate Capital Corporation
- ISIN: US82837P4081
- Ticker: SICP
- Primary exchange: OTC Markets
- Market capitalization: USD 20.5 million as of October 12, 2026
- 52-week range: USD 0.05-1.00 as of October 12, 2026
- Sector / Industry: Financial Services / Banking
