SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. Its Global Commercial Bank segment offers deposit products, such as business and analysis checking accounts, money market accounts, and multi-currency and sweep accounts, as well as lockbox, electronic deposit capture, and merchant services; credit products and services, including term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards; and payment and cash management products and services comprising wire transfer and automated clearing house payment, bill pay, account analysis, and disbursement, as well as online and mobile banking services. This segment also provides foreign exchange services; various loan and credit facilities; letters of credit, including export, import, and standby letters of credit; investment services and solutions; investment advisory services; third party money market mutual funds and fixed-income securities; vineyard development loans and community development loans to clients in the wine industry; and equity valuation services to companies and venture capital/private equity firms, as well as invests in debt funds. The company’s SVB Private Bank segment offers private banking services, including mortgages, home equity lines of credit, restricted stock purchase loans, capital call lines of credit, and other secured and unsecured lending services. Its SVB Capital segment provides venture capital investment services that manage funds on behalf of third party limited partners. The company also offers asset and private wealth management, brokerage, private equity investment, and business valuation services. It operates through 29 offices in the United States; and offices in China, Hong Kong, India, Israel, and the United Kingdom. The company was founded in 1982 and is headquartered in Santa Clara, California.
SVB Financial Group earnings per share showed an increasing trend of 24.7% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 827%.Analysts project EPS growth over the next 5 years at 10.29%. It has EPS annual growth over the past 5 fiscal years of 24.3% when sales grew 17.8. It reported 17.2% sales growth, and -11.2% EPS decline in the last quarter.
The stock is trading at $110.2, up 41.52% from 52-week low of $77.87. The stock trades down -27.97% from its peak of $152.99 and 19.6% above the consensus price target of $131.8. Its volume clocked up at 0.84 million shares which is higher than the average volume of 0.67 million shares. Its market capitalization currently stands at $5.63B.
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