SVB Financial Group - SIVB Stock Forecast, Price & News

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.

SVB Financial Group Stock Performance

Shares of NASDAQ:SIVB traded up $5.40 during trading hours on Friday, reaching $460.61. 8,051 shares of the stock were exchanged, compared to its average volume of 646,711. The firm has a market capitalization of $27.21 billion, a price-to-earnings ratio of 17.67, a P/E/G ratio of 1.85 and a beta of 1.75. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.46 and a current ratio of 0.46. SVB Financial Group has a 52 week low of $355.37 and a 52 week high of $763.22. The stock's fifty day simple moving average is $415.59 and its 200 day simple moving average is $496.53.

SVB Financial Group (NASDAQ:SIVB - Get Rating) last announced its earnings results on Thursday, July 21st. The bank reported $5.60 earnings per share for the quarter, missing analysts' consensus estimates of $7.76 by ($2.16). SVB Financial Group had a return on equity of 13.43% and a net margin of 25.58%. During the same period in the prior year, the business posted $9.09 EPS. Sell-side analysts predict that SVB Financial Group will post 30.59 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SIVB. downgraded SVB Financial Group from a "buy" rating to a "hold" rating in a research note on Thursday, April 14th. Oppenheimer decreased their price objective on SVB Financial Group from $640.00 to $591.00 in a report on Friday, July 22nd. JPMorgan Chase & Co. decreased their price objective on SVB Financial Group from $875.00 to $650.00 and set an "overweight" rating on the stock in a report on Friday, July 1st. Stephens decreased their price objective on SVB Financial Group from $540.00 to $480.00 in a report on Friday, July 22nd. Finally, Truist Financial decreased their price objective on SVB Financial Group from $557.00 to $500.00 and set a "buy" rating on the stock in a report on Monday, July 25th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company's stock. According to data from MarketBeat, SVB Financial Group currently has an average rating of "Moderate Buy" and a consensus price target of $574.73.

Insider Transactions at SVB Financial Group

In other news, Director Garen K. Staglin sold 500 shares of the stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $484.41, for a total transaction of $242,205.00. Following the transaction, the director now owns 13,680 shares in the company, valued at $6,626,728.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.62% of the stock is owned by corporate insiders.