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.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on SIVB shares. Wells Fargo & Company lowered their price objective on shares of SVB Financial Group from $650.00 to $550.00 in a report on Friday, July 22nd. Piper Sandler lowered their target price on shares of SVB Financial Group from $550.00 to $500.00 and set an "overweight" rating on the stock in a report on Friday, July 22nd. Janney Montgomery Scott upgraded shares of SVB Financial Group from a "neutral" rating to a "buy" rating and set a $875.00 target price on the stock in a report on Friday, April 22nd. Oppenheimer lowered their target price on shares of SVB Financial Group from $640.00 to $591.00 in a report on Friday, July 22nd. Finally, Raymond James lowered their target price on shares of SVB Financial Group from $565.00 to $480.00 in a report on Friday, July 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, SVB Financial Group has an average rating of "Moderate Buy" and an average price target of $574.73.

SVB Financial Group Stock Performance

Shares of SVB Financial Group stock traded down $19.42 during trading on Friday, reaching $438.04. The company's stock had a trading volume of 2,592 shares, compared to its average volume of 644,145. The business's 50-day moving average price is $413.82 and its 200-day moving average price is $493.33. The firm has a market cap of $25.88 billion, a PE ratio of 17.61, a P/E/G ratio of 1.89 and a beta of 1.75. SVB Financial Group has a 52 week low of $355.37 and a 52 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.

SVB Financial Group (NASDAQ:SIVB - Get Rating) last announced its earnings results on Thursday, July 21st. The bank reported $5.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 quarter in the prior year, the firm posted $9.09 earnings per share. Equities analysts forecast that SVB Financial Group will post 30.4 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Garen K. Staglin sold 500 shares of the company's stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $484.41, for a total transaction of $242,205.00. Following the completion of the sale, the director now owns 13,680 shares of the company's stock, valued at $6,626,728.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.62% of the stock is currently owned by company insiders.