SIVB
$355.11
Svb Financial Group
$10.25
2.97%
Earnings Details
3rd Quarter September 2020
Thursday, October 22, 2020 4:57:00 PM
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Summary

Svb Financial Group Beats

Svb Financial Group (SIVB) reported 3rd Quarter September 2020 earnings of $8.47 per share on revenue of $1.1 billion. The consensus earnings estimate was $5.45 per share on revenue of $904.6 million. The Earnings Whisper number was $5.61 per share. Revenue grew 24.2% on a year-over-year basis.

SVB Financial Group is a financial services company, as well as a bank holding company. It offers banking and financial products and services to its clients across the United States.

Results
Reported Earnings
$8.47
Earnings Whisper
$5.61
Consensus Estimate
$5.45
Reported Revenue
$1.09 Bil
Revenue Estimate
$904.6 Mil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

SVB Financial Group Announces Availability Of Quarterly Financial Results

SANTA CLARA, Calif., Oct. 22, 2020 /PRNewswire/ -- SVB Financial Group (NASDAQ: SIVB) has released its financial results for the quarter ended September 30, 2020.  Please visit SVB's Investor Relations website at http://ir.svb.com to view the earnings release, and summary earnings letter and presentation. 

Conference call:  The Company will host a conference call at 3:00 p.m. Pacific Time today to discuss the results. 

Dial-in information: (888) 771-4371 or (847) 585-4405, Confirmation 49939888

Audio webcast:  A live audio webcast of the call can be accessed via SVB's investor relations website at http://ir.svb.com

Replay: An audio replay of the call will be available at http://ir.svb.com for 12 months beginning October 22, 2020.

About SVB Financial Group
For 35 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group's businesses, including Silicon Valley Bank, offer commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world. Learn more at www.svb.com.  [SIVB-F]

SVB Financial Group is the holding company for all business units and groups © 2020 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB LEERINK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group.

Cision View original content:http://www.prnewswire.com/news-releases/svb-financial-group-announces-availability-of-quarterly-financial-results-301158437.html

SOURCE SVB Financial Group