Item 2.02. Results of Operations and Financial Condition.
On April 21, 2022, SVB Financial Group (the "Company") announced its financial
results for the first quarter ended March 31, 2022. A copy of the release and a
first quarter CEO letter and earnings slides are attached hereto as Exhibit 99.1
and Exhibit 99.2, respectively, and are incorporated herein by reference. The
information in this report shall not be treated as "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference into any registration statement or other document
pursuant to the Securities Act of 1933 or the Securities Act of 1934, except as
expressly stated by specific reference in such filing.
Item 8.01. Other Events.
On April 21, 2022, the Company's Board of Directors declared a quarterly cash
dividend of $13.125 per share (representing $0.328125 per depositary share) on
the Series A Preferred Stock. The dividend is payable on May 16, 2022 to holders
of record at the close of business on May 1, 2022.
On April 21, 2022, the Company's Board of Directors declared a quarterly cash
dividend of $1,025 per share (representing $10.25 per depositary share) on the
Series B Preferred Stock. The dividend is payable on May 16, 2022 to holders of
record at the close of business on May 1, 2022.
On April 21, 2022, the Company's Board of Directors declared a quarterly cash
dividend of $1,000 per share (representing $10.00 per depositary share) on the
Series C Preferred Stock. The dividend is payable on May 16, 2022 to holders of
record at the close of business on May 1, 2022.
On April 21, 2022, the Company's Board of Directors declared a quarterly cash
dividend of $1,062.50 per share (representing $10.625 per depositary share) on
the Series D Preferred Stock. The dividend is payable on May 16, 2022 to holders
of record at the close of business on May 1, 2022.
On April 21, 2022, the Company's Board of Directors declared a quarterly cash
dividend of $1,175 per share (representing $11.75 per depositary share) on the
Series E Preferred Stock. The dividend is payable on May 16, 2022 to holders of
record at the close of business on May 1, 2022.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Earnings Release, dated April 21, 2022, announcing the Company's financial
results for the first quarter ended March 31, 2022
99.2 Q1 2022 CEO Letter and Earnings Slides
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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