SIVB
$418.52
Svb Financial Group
$5.31
1.29%
Earnings Details
2nd Quarter June 2022
Thursday, July 21, 2022 4:11:00 PM
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Summary

Svb Financial Group Misses

Svb Financial Group (SIVB) reported 2nd Quarter June 2022 earnings of $5.60 per share on revenue of $1.6 billion. The consensus earnings estimate was $7.68 per share on revenue of $1.7 billion. The Earnings Whisper number was $8.12 per share. Revenue grew 8.2% on a year-over-year basis.

SVB Financial Group is a financial services company, as well as a bank holding company. It offers banking and financial products and services to its clients across the United States.

Results
Reported Earnings
$5.60
Earnings Whisper
$8.12
Consensus Estimate
$7.68
Reported Revenue
$1.64 Bil
Revenue Estimate
$1.72 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

SVB Announces Availability of Financial Results

 SANTA CLARA, Calif., July 21, 2022 /PRNewswire/ -- SVB (NASDAQ: SIVB), the financial partner for the innovation economy, released its financial results for the quarter ended June 30, 2022.  Please visit SVB's Investor Relations website at http://ir.svb.com to view the earnings release, presentation, and CEO letter.

Conference call:  The Company will host a conference call at 3:00 p.m. Pacific Time today to discuss the results.

Dial-in information: 1 (888) 330-3016 or 1 (646) 960-0828, Confirmation 5682116

Audio webcast:  A live audio webcast of the call can be accessed via SVB's investor relations website at http://ir.svb.com.

Replay:  An audio replay of the call will be available at http://ir.svb.com for 12 months beginning July 21, 2022.

About SVB
SVB is the financial partner of the innovation economy, helping individuals, investors and the world's most innovative companies achieve their ambitious goals. SVB's businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow, including commercial banking, venture investing, wealth planning and investment banking. Headquartered in Santa Clara, California, SVB operates in centers of innovation around the world. Learn more at svb.com/global.

SVB Financial Group (SVB) (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. [SIVB-F]

Cision View original content:https://www.prnewswire.com/news-releases/svb-announces-availability-of-financial-results-301591362.html

SOURCE SVB Financial Group