Item 2.02. Results of Operations and Financial Condition.
On October 20, 2022, SVB Financial Group (the "Company") announced its financial
results for the third quarter ended September 30, 2022. A copy of the release
and a third 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 October 20, 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 November 15, 2022 to
holders of record at the close of business on November 1, 2022.
On October 20, 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 November 15, 2022 to
holders of record at the close of business on November 1, 2022.
On October 20, 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 November 15, 2022 to
holders of record at the close of business on November 1, 2022.
On October 20, 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 November 15, 2022 to
holders of record at the close of business on November 1, 2022.
On October 20, 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 November 15, 2022 to
holders of record at the close of business on November 1, 2022.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Earnings Release, dated October 20, 2022, announcing the Company's financial
results for the third quarter ended September 30, 2022
99.2 Q3 2022 CEO Letter and Earnings Slides
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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