SVB Financial Group

SIVBQ

US78486Q1013

Banks

Delayed OTC Markets Other stock markets 02:47:53 2024-04-19 pm EDT			5-day change	1st Jan Change
0.05 ^USD	-1.96%		0.00%	+51.06%

Apr. 10	Motion for Asset Sale Approved for SVB Financial Group	CI
Mar. 20	First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q).	CI

SVB Financial Group Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

October 20, 2022 at 04:10 pm EDT

SVB Financial Group reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was USD 1,198 million compared to USD 852 million a year ago. Net income was USD 469 million compared to USD 387 million a year ago. Basic earnings per share from continuing operations was USD 7.26 compared to USD 6.33 a year ago. Diluted earnings per share from continuing operations was USD 7.21 compared to USD 6.24 a year ago.
For the nine months, net interest income was USD 3,447 million compared to USD 2,240 million a year ago. Net income was USD 1,357 million compared to USD 1,439 million a year ago. Basic earnings per share from continuing operations was USD 20.94 compared to USD 25.54 a year ago. Diluted earnings per share from continuing operations was USD 20.73 compared to USD 25.16 a year ago.

Latest news about SVB Financial Group

Motion for Asset Sale Approved for SVB Financial Group	Apr. 10	CI
First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q).	Mar. 19	CI
Motion for Asset Sale Filed by SVB Financial Group	Mar. 19	CI
Regional banks face big hurdles a year after SVB collapse	Mar. 07	RE
First Citizens claims HSBC execs knew of plot to poach Silicon Valley Bank workers	Feb. 08	RE
Disclosure Statement Filed by SVB Financial Group	Feb. 06	CI
Reorganization Plan Filed by SVB Financial Group	Jan. 26	CI
SVB Financial plans to hand VC business to creditors	Jan. 09	RE
Banks should increase use of 'discount window' to prevent crises -expert group	Jan. 09	RE
Short sellers lost $195 billion in 2023 bets against US, Canadian stocks -S3	Jan. 04	RE
Former First Republic workers sue FDIC over withheld retirement pay	Dec. 18	RE
Second Motion for Exclusivity Period Extension Approved For SVB Financial Group	Nov. 29	CI
US FDIC scraps planned meeting on 'special assessment' for bank failures	Nov. 16	RE
US FDIC meets to consider 'special assessment' for March bank failure losses	Nov. 16	RE
REUTERS NEXT: Banking sector faces risks from inflation -Moody's	Nov. 09	RE
US FDIC is probing former First Republic Bank directors and officers	Nov. 01	RE
Exclusive-U.S. FDIC is probing former First Republic Bank directors and officers - spokesperson	Nov. 01	RE
How U.S. bank balance sheets have changed as Fed raises rates	23-10-13	RE
The Baupost Group, L.L.C. and management team led by Jeff Leerink acquired SVB Securities Holdings LLC from SVB Financial Group (OTCPK:SIVB.Q).	23-10-01	CI
What could break under higher-for-longer interest rates?	23-09-29	RE
Fixing oversight culture may be biggest challenge in averting future bank crises	23-09-20	RE
SVB Financial Reportedly Nears Deal to Sell VC Arm	23-09-15	CI
SVB Financial nears deal to sell VC arm, Scaramucci leading bidder - WSJ	23-09-15	RE
US looks to offload $13 bln of mortgage bonds seized from SVB, Signature - Bloomberg News	23-09-12	RE
Silicon Valley Bank Announces Executive Changes	23-08-23	CI

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Company Profile

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company offers commercial and private banking products and services through its principal subsidiary, Silicon Valley Bank (the Bank). The Company's segments include Silicon Valley Bank, SVB Private and SVB Capital. The Silicon Valley Bank segment is its commercial bank, which offers products and services provided by the Bank and its subsidiaries to commercial clients. The SVB Private segment is its private banking and wealth management division of the Bank and provides an array of personal financial solutions for consumers. SVB Capital is the fundsâ management business of SVB Financial Group, which focuses primarily on venture capital investments.

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Banks

Calendar

2024-04-24 - Q1 2024 Earnings Release (Projected)

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