SVB Financial Group (SIVB)
| Market Cap | 6.28B |
| Revenue (ttm) | 5.79B |
| Net Income (ttm) | 1.51B |
| Shares Out | 59.20M |
| EPS (ttm) | 25.35 |
| PE Ratio | 4.18 |
| Forward PE | 9.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,485,729 |
| Open | 176.55 |
| Previous Close | 267.83 |
| Day's Range | 47.50 - 106.04 |
| 52-Week Range | 100.00 - 597.16 |
| Beta | 1.57 |
| Analysts | Buy |
| Price Target | 371.89 (+189.7%) |
| Earnings Date | Apr 20, 2023 |
About SIVB
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, warehou... [Read more]
Financial Performance
In 2022, SIVB's revenue was $5.79 billion, a decrease of -0.02% compared to the previous year's $5.79 billion. Earnings were $1.51 billion, a decrease of -14.75%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for SIVB stock is "Buy." The 12-month stock price forecast is $371.89, which is an increase of 189.70% from the latest price.
News
SVB's Ex-Owner Ends Bankruptcy Amid FDIC Litigation
Silicon Valley Bank's former owner has gotten a judge's permission to end its bankruptcy. As Reuters reported Saturday (Aug. 3), SVB Financial Group has been given leave to turn over its assets to its...
SVB collapse one year later: What's happened within the banking industry since
CNBC's Leslie Picker joins 'Squawk Box' with a look at the state of the banking industry one year after the collapse of Silicon Valley Bank.
There was a significant influx of deposits after SVB's collapse, says ClearBank
Emma Hagan, chief risk and compliance officer at ClearBank, says people were looking for a safe haven "in the midst of all that turmoil."
SVB to sell investment bank five years after it bought the unit for less than half the price
The founder of Silicon Valley Bank's investment bank Jeff Leerink has won approval from U.S. bankruptcy court to buy the business for up to $130 million, according to reports late Wednesday. Silicon V...
SVB Depositors Who Lost Their Money Win Court Victory
Silicon Valley Bank's customers in the Cayman Islands weren't covered by a U.S. deposit guarantee program.
SVB's New Owner Sues HSBC for Poaching Key Bankers
First Citizens, which bought most of Silicon Valley Bank in late March, has sued the British lender for more than $1 billion in damages over a talent exodus.
Why America needs regional banks
To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed "too big to fail." Their ATMs and branches are ubiquitous, thei...
SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that ...
SVB Financial Group's quarterly results filing will be delayed
SVB Financial Group will be unable to meet the U.S. Securities and Exchange Commission's deadline for its quarterly report for the three months ended March 31, the bankrupt parent of Silicon Valley Ba...
SVB Financial Group, Signature Bank, Virgin Orbit to be delisted from Nasdaq
SVB Financial Group, the onetime parent of Silicon Valley Bank, and Signature Bank will be delisted from the Nasdaq, the Nasdaq Stock Market announced on Friday, following the failure of both banks an...
SVB's former parent may need new funding after $2bln cash seizure
Silicon Valley Bank's former owner may need to take out a bankruptcy loan amid uncertainty about the U.S. Federal Deposit Insurance Company's seizure of $2 billion in cash from the company, its attorn...
Top executives at Silicon Valley Bank's former parent company resign
SVB Financial Group, the company that owned the failed Silicon Valley Bank until the US government took it over last month, announced that two of its top executives have left their jobs.
SVB says CEO, CFO resigned this week
SVB Financial Group CEO Gregory Becker and financial chief Daniel Beck resigned this week, the collapsed lender said in a regulatory filing on Friday.
Truist and Other Regional Lenders Haven't Shaken SVB Fallout Effect
The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to fail” le...
Fed's Beige Book reports economic tightening amid bank conditions tied to SVB collapse
Yahoo Finance's Jennifer Schonberger discusses a report from the Fed's Beige Book which details how tightening credit conditions are tied to the collapse of Silicon Valley Bank.
BlackRock starts selling $100 billion pile of FDIC assets seized by Silicon Valley Bank, Signature Bank
BlackRock Inc. on Tuesday began to solicit interest for more than $100 billion in assets seized last month from the failures of Silicon Valley Bank and Signature Bank.
Despite SVB collapse, FDIC on track to recoup insurance losses: Chair
Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead of a 2028 leg...
Silicon Valley Bank's failure is no reason for stricter bank regulation
Silicon Valley Bank's failure rattled confidence in small- and mid-sized banks across the U.S. and once again ignited cries to more tightly regulate banks.
Credit Unions Turn SVB Banking Crisis Into Master Class on Trust
For credit unions, trust has been the glue binding financial institutions and their financial services together. But as Brian Scott, chief growth officer at PSCU, told PYMNTS, “Trust is one of those t...
A Venture Debt Deficit Was Coming, SVB Collapse or Not, Says QED's Gerety
Silicon Valley Bank (SVB) helped pioneer venture debt as a critical source of alternative financing.
U.S. banks pull back on credit following Silicon Valley Bank's failure
Yahoo Finance's Jennifer Schonberger joins the Live show to discuss the risk of a credit crunch, the NY Fed's consumer expectations survey, and Fed official remarks on the state of the U.S. banking sy...
How Silicon Valley Bank's Failure Could Have Spread Far and Wide
New research suggests large parts of the country remain vulnerable to widespread bank failure in the event of a run on deposits.
San Francisco Fed chief mum on details of SVB failure
San Francisco Federal Reserve President Mary Daly said the central bank will use all its tools to keep country's financial system “safe and sound,” but she did not offer any fresh details on Silicon V...
FDIC Official Says Agency Was Slow to Sell Failed SVB
Vice Chair Travis Hill said changes made by the regulator may have hurt access to timely data.
FDIC official blames SVB demise on management failures, says tougher rules are not the answer
Stricter banking regulations would not have prevented Silicon Valley Bank's sudden collapse last month, a top official at the Federal Deposit Insurance Corporation said on Wednesday, highlighting inst...