Company Description
SVB Financial Group, a diversified financial services company, offers various banking and financial products and services.
It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities.
The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services.
This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services.
In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions.
The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans.
The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading.
It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.
| Country | United States |
| Founded | 1983 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 8,429 |
| CEO | Gregory Becker |
Contact Details
Address: 3003 Tasman Dr Santa Clara, California 95054 United States | |
| Phone | (408) 654-7400 |
| Website | svb.com |
Stock Details
| Ticker Symbol | SIVB |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000719739 |
| CUSIP Number | 78486Q101 |
| ISIN Number | US78486Q1013 |
| Employer ID | 91-1962278 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Gregory W. Becker | President, Chief Executive Officer and Director |
| Daniel J. Beck | Chief Financial Officer |
| Philip C. Cox | Chief Operations Officer |
| Michael S. Zuckert | General Counsel |
| Marc C. Cadieux | Chief Credit Officer |
| John D. China | President of SVB Capital |
| Karen Hon | Chief Accounting Officer |
| Meghan O'Leary | Head of Investor Relations |
| Michelle A. Draper | Chief Marketing and Strategy Officer |
| Laura K. Cushing | Chief Human Resources Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 13, 2023 | 8-K | Current Report |
| Mar 13, 2023 | 8-K | Current Report |
| Mar 10, 2023 | 8-K | Current Report |
| Mar 9, 2023 | 424B2 | Prospectus |
| Mar 9, 2023 | 424B2 | Prospectus |
| Mar 9, 2023 | FWP | Free Writing Prospectus |
| Mar 9, 2023 | FWP | Free Writing Prospectus |
| Mar 9, 2023 | FWP | Free Writing Prospectus |
| Mar 8, 2023 | 8-K | Current Report |
| Mar 3, 2023 | PRE 14A | Other preliminary proxy statements |