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 Trading Down 0.7 %

SVB Financial Group stock traded down $3.05 during mid-day trading on Friday, hitting $413.21. 302,509 shares of the company's stock were exchanged, compared to its average volume of 594,565. The firm has a market capitalization of $24.32 billion, a P/E ratio of 15.90, a PEG ratio of 1.69 and a beta of 1.75. SVB Financial Group has a fifty-two week low of $355.37 and a fifty-two week high of $763.22. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.27. The company's 50 day simple moving average is $419.74 and its 200-day simple moving average is $500.98.

SVB Financial Group (NASDAQ:SIVB - Get Rating) last released its quarterly earnings results on Thursday, July 21st. The bank reported $5.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.76 by ($2.16). SVB Financial Group had a net margin of 25.58% and a return on equity of 13.43%. During the same period last year, the company posted $9.09 earnings per share. On average, equities analysts anticipate that SVB Financial Group will post 30.59 earnings per share for the current year.

Analyst Ratings Changes

SIVB has been the topic of a number of recent research reports. Piper Sandler decreased their price objective on SVB Financial Group from $550.00 to $500.00 and set an "overweight" rating on the stock in a research report on Friday, July 22nd. lowered SVB Financial Group from a "buy" rating to a "hold" rating in a research report on Thursday, April 14th. Wolfe Research decreased their price objective on SVB Financial Group from $723.00 to $470.00 and set an "outperform" rating on the stock in a research report on Thursday, May 26th. Oppenheimer decreased their price objective on SVB Financial Group from $640.00 to $591.00 in a research report on Friday, July 22nd. Finally, Jefferies Financial Group decreased their price objective on SVB Financial Group from $534.00 to $498.00 in a research report on Monday, July 11th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $574.73.

Insider Buying and Selling at SVB Financial Group

In other SVB Financial Group news, Director Garen K. Staglin sold 500 shares of SVB Financial Group stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $484.41, for a total value of $242,205.00. Following the sale, the director now owns 13,680 shares of the company's stock, valued at approximately $6,626,728.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.62% of the company's stock.