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.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Stephens decreased their price target on SVB Financial Group from $540.00 to $480.00 in a research note on Friday, July 22nd. Barclays decreased their price target on SVB Financial Group from $789.00 to $638.00 and set an "equal weight" rating for the company in a research note on Monday, July 25th. The Goldman Sachs Group decreased their price target on SVB Financial Group from $674.00 to $554.50 and set a "buy" rating for the company in a research note on Tuesday, May 31st. Keefe, Bruyette & Woods lowered SVB Financial Group from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $600.00 to $450.00 in a research note on Wednesday, August 3rd. Finally, Truist Financial reduced 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 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's stock. Based on data from MarketBeat.com, SVB Financial Group has a consensus rating of "Moderate Buy" and an average target price of $574.73.

SVB Financial Group Stock Up 7.7 %

SIVB Stock traded up $32.47 on Wednesday, hitting $452.24. 1,194,544 shares of the company's stock were exchanged, compared to its average volume of 573,028. SVB Financial Group has a 12-month low of $355.37 and a 12-month high of $763.22. The firm has a 50 day moving average price of $416.78 and a two-hundred day moving average price of $497.13. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a market cap of $26.61 billion, a P/E ratio of 17.87, a price-to-earnings-growth ratio of 1.69 and a beta of 1.75.

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 the consensus estimate 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 previous year, the company earned $9.09 EPS. As a group, equities research analysts expect that SVB Financial Group will post 30.59 EPS for the current fiscal year.

Insider Buying and Selling

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 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 approximately $6,626,728.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.62% of the stock is owned by company insiders.